Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) dropped 6.2% on Wednesday . The stock traded as low as $3.81 and last traded at $3.8250. Approximately 454,391 shares were traded during mid-day trading, a decline of 96% from the average session volume of 10,377,604 shares. The stock had previously closed at $4.08.
ZoomInfo Technologies News Summary
Here are the key news stories impacting ZoomInfo Technologies this week:
- Positive Sentiment: Customer results highlight ZoomInfo’s sales and marketing effectiveness. Prodoscore reported a 15% increase in email open rates after adopting ZoomInfo’s data, while Kronologic cited increased opportunities and pipeline alongside a shorter sales cycle. Prodoscore customer results Kronologic customer results
- Positive Sentiment: Alchemy Cloud reported substantially improved campaign economics. The company said its average click-through rate increased roughly fivefold across market segments while cost per click fell 24%, offering evidence that ZoomInfo can generate measurable returns for customers. Alchemy Cloud customer results
- Neutral Sentiment: Analyst opinion remains cautious. D.A. Davidson and Stifel Nicolaus maintained Hold ratings, while RBC Capital issued a Sell rating. The ratings suggest limited confidence in a near-term recovery despite the recent rebound. RBC Capital rating
- Negative Sentiment: Multiple law firms reiterated securities-class-action notices. The litigation concerns alleged disclosures about customer migration to consumption-based pricing, weakening downmarket demand, legacy seat-based subscription retention, and the transition to AI products. The August 24 deadline for investors to seek lead-plaintiff status could keep legal and reputational risks in focus. ZoomInfo securities litigation notice
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on GTM shares. Wall Street Zen lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Piper Sandler reissued a “neutral” rating and issued a $4.00 price target (down from $7.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Bank of America reissued an “underperform” rating and issued a $4.00 price target on shares of ZoomInfo Technologies in a report on Tuesday, May 19th. UBS Group lowered their price objective on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Finally, Citizens Jmp dropped their price objective 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. One analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, ZoomInfo Technologies presently has a consensus rating of “Reduce” and an average target price of $5.93.
ZoomInfo Technologies Price Performance
The stock has a market capitalization of $1.27 billion, a P/E ratio of -2.32, a price-to-earnings-growth ratio of 0.62 and a beta of 0.85. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65. The firm has a 50-day moving average price of $3.12 and a 200 day moving average price of $4.87.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. The company had revenue of $310.40 million during the quarter. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.25 EPS. 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. On average, analysts expect that ZoomInfo Technologies Inc. will post 0.82 EPS for the current year.
Insider Activity at ZoomInfo Technologies
In other ZoomInfo Technologies news, Director Domenic Maida acquired 27,500 shares of the stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average cost of $3.60 per share, for a total transaction of $99,000.00. Following the acquisition, the director owned 66,342 shares in the company, valued at $238,831.20. The trade was a 70.80% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 9.90% of the company’s stock.
Hedge Funds Weigh In On ZoomInfo Technologies
Institutional investors and hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC purchased a new position in ZoomInfo Technologies in the 4th quarter worth $26,000. Fifth Third Bancorp purchased a new stake in ZoomInfo Technologies during the fourth quarter valued at about $29,000. Covestor Ltd purchased a new stake in ZoomInfo Technologies during the fourth quarter valued at about $34,000. Everhart Financial Group Inc. bought a new position in shares of ZoomInfo Technologies during the second quarter valued at about $40,000. Finally, Parallel Advisors LLC bought a new position in shares of ZoomInfo Technologies during the fourth quarter valued at about $40,000. Institutional investors own 95.47% of the company’s stock.
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.
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