ZoomInfo Technologies (NASDAQ:GTM) Trading 7.4% Higher – Should You Buy?

ZoomInfo Technologies Inc. (NASDAQ:GTM)’s share price rose 7.4% during trading on Thursday . The stock traded as high as $4.09 and last traded at $4.0820. Approximately 477,541 shares traded hands during trading, a decline of 95% from the average daily volume of 10,055,038 shares. The stock had previously closed at $3.80.

Analyst Upgrades and Downgrades

GTM has been the subject of a number of research reports. Bank of America reaffirmed an “underperform” rating and issued a $4.00 price objective on shares of ZoomInfo Technologies in a research note on Tuesday, May 19th. Wall Street Zen downgraded shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Citizens Jmp reduced their price target on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a report on Tuesday, May 12th. UBS Group lowered their price target on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Finally, Citigroup increased their price objective on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the company a “sell” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $5.93.

ZoomInfo Technologies Trading Up 2.9%

The firm has a market capitalization of $1.22 billion, a PE ratio of -2.26, a price-to-earnings-growth ratio of 0.64 and a beta of 0.85. The company’s 50-day simple moving average is $3.37 and its 200 day simple moving average is $4.59. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52.

ZoomInfo Technologies (NASDAQ:GTM) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The business had revenue of $310.40 million for the quarter. During the same quarter in the prior year, the business posted $0.25 earnings per share. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. ZoomInfo Technologies has set its FY 2026 guidance at 1.120-1.130 EPS and its Q3 2026 guidance at 0.280-0.290 EPS. As a group, sell-side analysts expect that ZoomInfo Technologies Inc. will post 0.84 EPS for the current year.

Institutional Investors Weigh In On ZoomInfo Technologies

Institutional investors have recently bought and sold shares of the company. Fred Alger Management LLC increased its position in shares of ZoomInfo Technologies by 7.7% during the fourth quarter. Fred Alger Management LLC now owns 29,960 shares of the company’s stock worth $305,000 after purchasing an additional 2,136 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of ZoomInfo Technologies in the 4th quarter worth $26,000. Fifth Third Bancorp acquired a new stake in shares of ZoomInfo Technologies in the 4th quarter worth $29,000. Covestor Ltd purchased a new position in ZoomInfo Technologies during the 4th quarter worth $34,000. Finally, Parallel Advisors LLC purchased a new position in ZoomInfo Technologies during the 4th quarter worth $40,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

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.