DA Davidson Lowers ZoomInfo Technologies (NASDAQ:GTM) Price Target to $5.00

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) had its price target decreased by analysts at DA Davidson from $7.00 to $5.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. DA Davidson’s target price would indicate a potential upside of 26.26% from the stock’s previous close.

Several other research analysts have also recently commented on GTM. BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a report on Tuesday. Stifel Nicolaus reaffirmed a “hold” rating and set a $4.00 price target (down from $12.00) on shares of ZoomInfo Technologies in a research report on Tuesday. Citizens Jmp dropped their price target on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. dropped their price target on shares of ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Barclays dropped 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 research report on Tuesday, April 21st. Three research 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. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $7.15.

Check Out Our Latest Stock Analysis on ZoomInfo Technologies

ZoomInfo Technologies Stock Down 2.5%

ZoomInfo Technologies stock opened at $3.96 on Tuesday. The stock has a market capitalization of $1.21 billion, a PE ratio of 9.90, a price-to-earnings-growth ratio of 1.14 and a beta of 1.04. ZoomInfo Technologies has a twelve month low of $3.85 and a twelve month high of $12.51. The company has a quick ratio of 0.72, a current ratio of 0.69 and a debt-to-equity ratio of 0.89. The company has a 50 day moving average of $5.96 and a 200-day moving average of $8.07.

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.10. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The company had revenue of $310.20 million during the quarter. During the same quarter last year, the company earned $0.23 EPS. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. 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. On average, equities research analysts anticipate that ZoomInfo Technologies will post 0.79 EPS for the current fiscal year.

Insider Transactions at ZoomInfo Technologies

In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,959 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total value of $40,849.33. Following the transaction, the general counsel directly owned 76,872 shares of the company’s stock, valued at $451,238.64. This trade represents a 8.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO James M. Roth sold 35,723 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction 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. This represents a 20.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 44,727 shares of company stock worth $262,834. 9.90% of the stock is owned by insiders.

Institutional Investors Weigh In On ZoomInfo Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Global Retirement Partners LLC bought a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at approximately $26,000. Fifth Third Bancorp bought a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at approximately $29,000. Covestor Ltd bought a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at approximately $34,000. Allworth Financial LP bought a new stake in shares of ZoomInfo Technologies during the 3rd quarter valued at approximately $40,000. Finally, Parallel Advisors LLC bought a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at approximately $40,000. 95.47% of the stock is owned by institutional investors.

Trending Headlines about ZoomInfo Technologies

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

About ZoomInfo Technologies

(Get Free Report)

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.

See Also

Analyst Recommendations for ZoomInfo Technologies (NASDAQ:GTM)

Receive News & Ratings for ZoomInfo Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZoomInfo Technologies and related companies with MarketBeat.com's FREE daily email newsletter.