Wells Fargo & Company Issues Pessimistic Forecast for ZoomInfo Technologies (NASDAQ:GTM) Stock Price

ZoomInfo Technologies (NASDAQ:GTM) had its target price reduced by research analysts at Wells Fargo & Company from $6.00 to $3.50 in a report issued on Tuesday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential downside of 11.62% from the company’s previous close.

A number of other analysts also recently issued reports on the stock. Piper Sandler restated a “neutral” rating and set a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a report on Tuesday. Stifel Nicolaus reissued a “hold” rating and set a $4.00 target price (down from $12.00) on shares of ZoomInfo Technologies in a research report on Tuesday. Canaccord Genuity Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and decreased their price target for the stock from $12.00 to $5.00 in a research note on Tuesday. Barclays lowered their price target on shares of ZoomInfo Technologies from $9.00 to $8.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Finally, DA Davidson dropped their price objective on ZoomInfo Technologies from $13.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ZoomInfo Technologies presently has an average rating of “Reduce” and a consensus price target of $7.15.

ZoomInfo Technologies Stock Down 2.5%

GTM stock opened at $3.96 on Tuesday. The stock has a market cap of $1.21 billion, a P/E ratio of 9.90, a P/E/G ratio of 1.14 and a beta of 1.04. The company has a current ratio of 0.69, a quick ratio of 0.72 and a debt-to-equity ratio of 0.89. The stock’s fifty day simple moving average is $5.96 and its two-hundred day simple moving average is $8.07. ZoomInfo Technologies has a 1-year low of $3.85 and a 1-year high of $12.51.

ZoomInfo Technologies (NASDAQ:GTM) last announced its earnings results on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.10. The firm had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 earnings per share. ZoomInfo Technologies has set its FY 2026 guidance at 1.100-1.120 EPS and its Q2 2026 guidance at 0.260-0.280 EPS. Analysts expect that ZoomInfo Technologies will post 0.79 EPS for the current year.

Insider Activity

In related news, CRO James M. Roth sold 35,723 shares of ZoomInfo Technologies stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total value of $209,694.01. Following the completion of the transaction, the executive directly owned 139,795 shares in the company, valued at approximately $820,596.65. The trade was a 20.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction of $40,849.33. Following the completion of the transaction, the general counsel owned 76,872 shares of the company’s stock, valued at $451,238.64. This represents a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 44,727 shares of company stock valued at $262,834 in the last quarter. Corporate insiders own 9.90% of the company’s stock.

Hedge Funds Weigh In On ZoomInfo Technologies

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. bought a new position in ZoomInfo Technologies in the 4th quarter worth about $255,416,000. Dimensional Fund Advisors LP increased its position in shares of ZoomInfo Technologies by 24.7% during the first quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock valued at $90,302,000 after buying an additional 2,992,276 shares during the period. Sachem Head Capital Management LP purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter worth about $150,465,000. LSV Asset Management bought a new position in shares of ZoomInfo Technologies in the fourth quarter valued at approximately $103,545,000. Finally, RPD Fund Management LLC boosted its position in shares of ZoomInfo Technologies by 19.4% in the fourth quarter. RPD Fund Management LLC now owns 9,628,318 shares of the company’s stock valued at $97,920,000 after acquiring an additional 1,564,102 shares during the period. 95.47% of the stock is owned by institutional investors.

Key Headlines Impacting ZoomInfo Technologies

Here are the key news stories impacting ZoomInfo Technologies this week:

• Positive Sentiment: JPMorgan kept an overweight rating on ZoomInfo and still sees meaningful upside, even after trimming its price target to $11 from $12. ZoomInfo Technologies (NASDAQ:GTM) Price Target Cut to $11.00 by Analysts at JPMorgan Chase & Co.
• Positive Sentiment: Some firms continue to view the stock as fairly valued near current levels, including Piper Sandler with a neutral rating and a $4 target, suggesting limited downside from here. ZoomInfo Technologies Earnings Estimates, EPS & Revenue | NASDAQ:GTM
• Neutral Sentiment: Several analysts lowered targets but did not turn outright negative, including UBS and DA Davidson, both cutting their targets to $5 while maintaining neutral-type ratings. ZoomInfo Technologies (NASDAQ:GTM) Given New $5.00 Price Target at UBS Group
• Neutral Sentiment: Barclays reduced its target to $5 and kept an equal weight rating, while Stifel, BTIG and others remained at hold/neutral. ZoomInfo Technologies (NASDAQ:GTM) Price Target Lowered to $5.00 at Barclays
• Neutral Sentiment: ZoomInfo continues to trade around the low end of its range after a weak post-earnings reaction, with the market focused on the company’s new consumption-pricing shift and restructuring plan. ZoomInfo forecasts FY 2026 revenue $1.185B-$1.205B amid 20 percent workforce reduction
• Negative Sentiment: Citigroup cut its target to $4 and rated the stock sell, reflecting cautious expectations despite a small upside to the current price. ZoomInfo Technologies had its price target lowered by Citigroup Inc. from $5.00 to $4.00.
• Negative Sentiment: Mizuho reaffirmed underperform and slashed its target to $3 from $10, adding to the bearish tone across Wall Street. ZoomInfo Technologies had its “underperform” rating reaffirmed by Mizuho.
• Negative Sentiment: Investor sentiment was further hurt by a shareholder investigation into possible securities law violations, tied to the company’s sharp FY2026 guidance cut and alleged inconsistencies in management commentary. GTM SHAREHOLDER INVESTIGATION: Levi & Korsinsky Investigates ZoomInfo Technologies Inc. for Possible Securities Law Violations
• Negative Sentiment: Multiple other brokerages also cut targets or downgraded the stock, including Wells Fargo, Citizens JMP, Canaccord, and Barclays, reinforcing concerns about slowing growth and the company’s AI-related disruption. This Market Intelligence Stock Is Sinking 32% as AI Claims Another Victim

About ZoomInfo Technologies

ZoomInfo Technologies (NASDAQ:GTM) is a leading provider of go-to-market intelligence and sales engagement software designed to help organizations accelerate growth. The company offers a cloud-based platform that delivers comprehensive contact and company data, intent signals, and analytics to support prospecting, lead generation, and customer retention. Its solutions enable sales and marketing teams to identify and engage target accounts, personalize outreach, and optimize campaigns with real-time insights into buyer behavior and market trends.

Founded in 2007 and headquartered in Waltham, Massachusetts, ZoomInfo Technologies has expanded its global footprint across North America, Europe, and Asia–Pacific.