Citigroup Has Lowered Expectations for ZoomInfo Technologies (NASDAQ:GTM) Stock Price

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) had its price objective dropped by investment analysts at Citigroup from $4.00 to $2.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “sell” rating on the stock. Citigroup’s price objective would indicate a potential downside of 31.51% from the stock’s previous close.

A number of other analysts have also weighed in on GTM. Stifel Nicolaus reiterated a “hold” rating and issued a $4.00 target price (down from $12.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. 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, May 12th. Wells Fargo & Company lowered their target price on ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Canaccord Genuity Group downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating and dropped their price target for the stock from $12.00 to $5.00 in a research report on Tuesday, May 12th. Finally, Wall Street Zen lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, ZoomInfo Technologies currently has a consensus rating of “Reduce” and an average target price of $5.96.

View Our Latest Stock Report on ZoomInfo Technologies

ZoomInfo Technologies Stock Down 0.7%

Shares of NASDAQ GTM opened at $2.92 on Thursday. The stock has a market capitalization of $860.58 million, a price-to-earnings ratio of 7.30, a P/E/G ratio of 0.55 and a beta of 0.87. ZoomInfo Technologies has a 12-month low of $2.54 and a 12-month high of $12.51. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. The firm’s 50-day moving average price is $3.54 and its 200-day moving average price is $5.99.

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) last announced its earnings results on Monday, May 11th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.10. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The firm had revenue of $310.20 million during the quarter. During the same quarter last year, the firm posted $0.23 EPS. ZoomInfo Technologies’s revenue for the quarter 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 0.81 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Domenic Maida purchased 27,500 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were acquired at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the purchase, the director owned 66,342 shares of the company’s stock, valued at $238,831.20. This trade represents a 70.80% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 9.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Sachem Head Capital Management LP acquired a new position in ZoomInfo Technologies in the 4th quarter worth approximately $150,465,000. Legal & General Group Plc acquired a new position in shares of ZoomInfo Technologies in the 4th quarter valued at about $4,091,000. Jupiter Asset Management Ltd. purchased a new stake in ZoomInfo Technologies in the 4th quarter worth approximately $9,566,000. Norges Bank acquired a new stake in ZoomInfo Technologies during the fourth quarter valued at $31,428,000. Finally, LSV Asset Management purchased a new stake in shares of ZoomInfo Technologies during the 4th quarter worth about $103,545,000. 95.47% of the stock is owned by institutional investors and hedge funds.

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ZoomInfo Technologies Company Profile

(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.

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