JPMorgan Chase & Co. Cuts ZoomInfo Technologies (NASDAQ:GTM) Price Target to $11.00
by Teresa Graham · The Cerbat GemZoomInfo Technologies (NASDAQ:GTM – Get Free Report) had its price objective reduced by stock analysts at JPMorgan Chase & Co. from $12.00 to $11.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 166.67% from the company’s current price.
GTM has been the topic of several other research reports. 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 report on Tuesday, February 3rd. Royal Bank Of Canada reduced their price target on shares of ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating on the stock in a research report on Tuesday, February 10th. Barclays reduced their price target on shares of ZoomInfo Technologies from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Canaccord Genuity Group cut shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and set a $5.00 price target on the stock. in a research report on Tuesday. Finally, Morgan Stanley reduced 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 report on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $8.15.
Read Our Latest Analysis on GTM
ZoomInfo Technologies Price Performance
NASDAQ:GTM traded down $1.92 during trading hours on Tuesday, hitting $4.13. 19,059,459 shares of the stock traded hands, compared to its average volume of 9,667,461. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.87. ZoomInfo Technologies has a 1 year low of $3.98 and a 1 year high of $12.51. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 10.86, a price-to-earnings-growth ratio of 1.79 and a beta of 1.04. The stock has a 50 day moving average price of $6.05 and a 200 day moving average price of $8.17.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.10. ZoomInfo Technologies had a net margin of 9.94% and a return on equity of 16.32%. The business had revenue of $310.20 million for the quarter. During the same period in the prior year, the firm earned $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. Sell-side analysts forecast that ZoomInfo Technologies will post 0.79 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, CRO James M. Roth sold 35,723 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 $209,694.01. Following the completion of the sale, the executive directly owned 139,795 shares of the company’s stock, valued at approximately $820,596.65. The trade was a 20.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 sale, the general counsel directly owned 76,872 shares of the company’s stock, valued at $451,238.64. This represents a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,727 shares of company stock valued at $262,834 over the last three months. Insiders own 9.90% of the company’s stock.
Institutional Trading of ZoomInfo Technologies
A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. purchased a new stake in ZoomInfo Technologies in the fourth quarter worth about $255,416,000. Dimensional Fund Advisors LP lifted its stake in ZoomInfo Technologies by 24.7% in the first quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock worth $90,302,000 after acquiring an additional 2,992,276 shares during the period. Sachem Head Capital Management LP purchased a new stake in ZoomInfo Technologies in the fourth quarter worth about $150,465,000. LSV Asset Management purchased a new stake in ZoomInfo Technologies in the fourth quarter worth about $103,545,000. Finally, RPD Fund Management LLC lifted its stake in ZoomInfo Technologies by 19.4% in the fourth quarter. RPD Fund Management LLC now owns 9,628,318 shares of the company’s stock worth $97,920,000 after acquiring an additional 1,564,102 shares during the period. 95.47% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting ZoomInfo Technologies
Here are the key news stories impacting ZoomInfo Technologies this week:
- Positive Sentiment: ZoomInfo beat first-quarter estimates, reporting adjusted EPS of $0.28 versus $0.18 expected, and revenue of $310.2 million, with year-over-year revenue growth of 1.5%. Article Title
- Positive Sentiment: The company also raised full-year EPS guidance, which suggests management still expects profitability to hold up despite the softer outlook. Article Title
- Neutral Sentiment: Several firms reiterated cautious views, including Piper Sandler, BTIG, and Stifel, while Canaccord downgraded the stock to hold, signaling a more mixed stance from analysts. Article Title
- Negative Sentiment: Wells Fargo cut its price target to $3.50 and kept an underweight rating, while Citizens JMP slashed its target to $2.50 and maintained market underperform, reflecting lower expectations for the shares. Article Title
- Negative Sentiment: Investor concern is centered on ZoomInfo’s reduced revenue outlook and strategic pivot toward consumption-based pricing amid AI disruption, which appears to be pressuring the valuation. 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.
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