Wells Fargo & Company Cuts ZoomInfo Technologies (NASDAQ:GTM) Price Target to $3.50

ZoomInfo Technologies (NASDAQ:GTM) had its target price reduced by research analysts at Wells Fargo & Company from $6.00 to $3.50 in a research note issued on Tuesday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential downside of 16.13% from the stock’s previous close.

GTM has been the subject of a number of other research reports. DA Davidson reduced their price target on ZoomInfo Technologies from $13.00 to $7.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Wall Street Zen raised ZoomInfo Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Citizens Jmp decreased 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 research report on Tuesday. Canaccord Genuity Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and set a $5.00 price target for the company. in a research note on Tuesday. Finally, Jefferies Financial Group reduced their price objective on shares of ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $7.98.

ZoomInfo Technologies Trading Down 30.9%

GTM opened at $4.17 on Tuesday. The firm’s 50 day moving average is $6.05 and its 200-day moving average is $8.17. ZoomInfo Technologies has a 52-week low of $3.98 and a 52-week high of $12.51. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $1.27 billion, a P/E ratio of 10.93, a P/E/G ratio of 1.79 and a beta of 1.04.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.10. The company had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a net margin of 9.94% and a return on equity of 16.32%. The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company 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. Analysts expect that ZoomInfo Technologies will post 0.79 EPS for the current fiscal year.

Insider Buying and Selling at ZoomInfo Technologies

In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,959 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction of $40,849.33. Following the completion of the sale, the general counsel owned 76,872 shares in the company, valued at $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CRO James M. Roth sold 35,723 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $209,694.01. Following the completion of the transaction, the executive owned 139,795 shares in the company, valued at approximately $820,596.65. The trade was a 20.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 44,727 shares of company stock valued at $262,834. 9.90% of the stock is owned by insiders.

Hedge Funds Weigh In On ZoomInfo Technologies

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. bought a new position in ZoomInfo Technologies during the 4th quarter worth $255,416,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of ZoomInfo Technologies during the fourth quarter valued at $5,799,000. JPMorgan Chase & Co. bought a new position in shares of ZoomInfo Technologies during the third quarter worth about $74,670,000. CIBC Private Wealth Group LLC acquired a new stake in shares of ZoomInfo Technologies in the 3rd quarter worth about $5,419,000. Finally, State of New Jersey Common Pension Fund D bought a new stake in ZoomInfo Technologies in the 4th quarter valued at about $2,336,000. 95.47% of the stock is owned by institutional investors.

More ZoomInfo Technologies News

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

• Positive Sentiment: ZoomInfo posted Q1 EPS of $0.28, topping consensus estimates and improving from $0.23 a year ago, while revenue rose 1.5% year over year to $310.2 million. Article Title
• Positive Sentiment: The company reaffirmed full-year 2026 EPS guidance of $1.10-$1.12, which is slightly above analyst expectations. Article Title
• Neutral Sentiment: ZoomInfo also updated its Q2 revenue outlook and highlighted a restructuring shift toward consumption pricing, which may help long-term efficiency but introduces some near-term uncertainty. Article Title
• Negative Sentiment: Canaccord Genuity downgraded ZoomInfo from buy to hold and set a $5 price target, below the current share price. Article Title
• Negative Sentiment: Citizens JMP cut its target sharply to $2.50 and rated the stock market underperform, signaling meaningful downside risk. Article Title
• Negative Sentiment: Piper Sandler reiterated an underweight rating and lowered its target to $4, while Stifel reaffirmed hold and cut its target to $4 as well. Article Title Article Title

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.