ZoomInfo Technologies (NASDAQ:GTM) Given New $3.00 Price Target at Wells Fargo & Company

ZoomInfo Technologies (NASDAQ:GTM) had its target price dropped by research analysts at Wells Fargo & Company from $3.50 to $3.00 in a report issued on Monday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential downside of 2.28% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Barclays lowered their price target on shares of ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating for the company in a report on Wednesday, May 13th. UBS Group dropped their target price on ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Mizuho reaffirmed an “underperform” rating and set a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. BTIG Research reaffirmed a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. dropped their price objective on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Tuesday, May 12th. One investment 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. Based on data from MarketBeat, ZoomInfo Technologies currently has a consensus rating of “Reduce” and a consensus price target of $5.93.

ZoomInfo Technologies Price Performance

ZoomInfo Technologies stock opened at $3.07 on Monday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $904.79 million, a PE ratio of 7.67, a P/E/G ratio of 0.58 and a beta of 0.87. The firm’s 50-day simple moving average is $3.20 and its 200 day simple moving average is $5.71. ZoomInfo Technologies has a 52 week low of $2.54 and a 52 week high of $12.51.

ZoomInfo Technologies (NASDAQ:GTM) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, topping 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% on a year-over-year basis. During the same quarter in the prior year, the firm 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. On average, equities research analysts predict that ZoomInfo Technologies will post 0.81 EPS for the current fiscal year.

Insider Activity at ZoomInfo Technologies

In other ZoomInfo Technologies news, Director Domenic Maida acquired 27,500 shares of the stock in a transaction on Tuesday, May 26th. The stock was purchased at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the purchase, the director directly owned 66,342 shares in the company, valued at $238,831.20. This trade represents a 70.80% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 9.90% of the company’s stock.

Institutional Trading of ZoomInfo Technologies

Several institutional investors have recently added to or reduced their stakes in GTM. Vanguard Group Inc. bought a new stake in shares of ZoomInfo Technologies in the 4th quarter worth about $255,416,000. Sachem Head Capital Management LP bought a new position in ZoomInfo Technologies during the 4th quarter worth approximately $150,465,000. Dimensional Fund Advisors LP bought a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at approximately $123,138,000. LSV Asset Management acquired a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at approximately $103,545,000. Finally, RPD Fund Management LLC boosted its holdings in ZoomInfo Technologies by 78.6% in the first quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company’s stock worth $102,851,000 after purchasing an additional 7,570,791 shares during the period. 95.47% of the stock is owned by institutional investors and hedge funds.

ZoomInfo Technologies Company Profile

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.