ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as $5.74 and last traded at $5.89, with a volume of 4515064 shares traded. The stock had previously closed at $5.86.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on GTM shares. UBS Group lowered their price target on ZoomInfo Technologies from $13.00 to $8.50 and set a “neutral” rating for the company in a report on Tuesday, February 10th. Piper Sandler reduced their price objective on shares of ZoomInfo Technologies from $12.00 to $9.00 and set a “neutral” rating for the company in a research report on Tuesday, February 3rd. Citigroup lowered their target price on shares of ZoomInfo Technologies from $8.00 to $6.50 and set a “sell” rating for the company in a report on Wednesday, February 11th. Wells Fargo & Company dropped their target price on shares of ZoomInfo Technologies from $10.00 to $6.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 10th. Finally, Morgan Stanley cut their price target on shares of ZoomInfo Technologies from $13.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, ZoomInfo Technologies currently has a consensus rating of “Hold” and an average price target of $9.25.
Read Our Latest Analysis on GTM
ZoomInfo Technologies Trading Up 0.5%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last released its quarterly earnings results on Monday, February 9th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.20 by $0.12. ZoomInfo Technologies had a return on equity of 16.32% and a net margin of 9.94%.The company had revenue of $319.10 million for the quarter. During the same period last year, the firm earned $0.26 EPS. The company’s quarterly revenue was up 3.2% on a year-over-year basis. ZoomInfo Technologies has set its Q1 2026 guidance at 0.250-0.270 EPS and its FY 2026 guidance at 1.100-1.120 EPS.
Hedge Funds Weigh In On ZoomInfo Technologies
Institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC purchased a new stake in ZoomInfo Technologies in the 4th quarter valued at $26,000. Fifth Third Bancorp purchased a new position in ZoomInfo Technologies during the 4th quarter worth $29,000. Covestor Ltd acquired a new position in ZoomInfo Technologies in the fourth quarter valued at $34,000. Allworth Financial LP acquired a new position in ZoomInfo Technologies in the third quarter valued at $40,000. Finally, Parallel Advisors LLC purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at about $40,000. 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.
See Also
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.
