Wells Fargo & Company Cuts ZoomInfo Technologies (NASDAQ:GTM) Price Target to $3.00

ZoomInfo Technologies (NASDAQ:GTM) had its target price reduced by Wells Fargo & Company from $3.50 to $3.00 in a report published on Monday morning,Benzinga reports. They currently have an underweight rating on the stock.

Other equities research analysts also recently issued research reports about the company. DA Davidson decreased their price objective on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Citizens Jmp cut their target price on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a report on Tuesday, May 12th. Barclays reduced 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 research report on Wednesday, May 13th. Stifel Nicolaus decreased their price target on shares of ZoomInfo Technologies from $4.00 to $3.50 and set a “hold” rating for the company in a research note on Friday, July 10th. Finally, BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a report on Tuesday, May 12th. One equities research 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $5.93.

ZoomInfo Technologies Price Performance

GTM stock opened at $2.92 on Monday. The stock has a market capitalization of $860.58 million, a PE ratio of 7.30, a price-to-earnings-growth ratio of 0.57 and a beta of 0.87. The company’s 50-day moving average is $3.10 and its 200-day moving average is $5.56. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.69 and a quick ratio of 0.69. ZoomInfo Technologies has a 1 year low of $2.54 and a 1 year high of $12.51.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Monday, May 11th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.18 by $0.10. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The company had revenue of $310.20 million during the quarter. During the same quarter in the prior year, the business earned $0.23 earnings per share. The business’s quarterly revenue was up 1.5% on a year-over-year basis. 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. Equities research analysts expect that ZoomInfo Technologies will post 0.81 EPS for the current fiscal year.

Insider Activity at ZoomInfo Technologies

In other news, Director Domenic Maida bought 27,500 shares of the stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the completion of the acquisition, the director directly owned 66,342 shares in the company, valued at approximately $238,831.20. This trade represents a 70.80% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 9.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On ZoomInfo Technologies

A number of institutional investors have recently added to or reduced their stakes in GTM. Everhart Financial Group Inc. purchased a new stake in ZoomInfo Technologies in the 2nd quarter valued at about $40,000. Parallel Advisors LLC boosted its stake in shares of ZoomInfo Technologies by 105.1% in the 1st quarter. Parallel Advisors LLC now owns 7,975 shares of the company’s stock worth $48,000 after buying an additional 4,086 shares during the last quarter. Lavelle Capital LP purchased a new position in shares of ZoomInfo Technologies in the 1st quarter worth approximately $497,000. Bank of America Corp DE boosted its stake in shares of ZoomInfo Technologies by 81.1% in the 1st quarter. Bank of America Corp DE now owns 1,898,951 shares of the company’s stock worth $11,356,000 after buying an additional 850,386 shares during the last quarter. Finally, Bull Harbor Capital LLC bought a new position in shares of ZoomInfo Technologies in the first quarter valued at approximately $117,000. 95.47% of the stock is owned by institutional investors.

Key ZoomInfo Technologies News

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

• Positive Sentiment: ZoomInfo said customer LINAK generated new sales quotes from a targeted display campaign, which the company described as its first measurable marketing return in years, highlighting continued product value for customers.
• Neutral Sentiment: Multiple law firms reiterated or promoted ongoing class-action deadlines tied to alleged securities-law violations, keeping investor attention on the lawsuit rather than on fresh business fundamentals. Article Title
• Neutral Sentiment: New alerts from several firms also reminded investors of the August 24, 2026 lead-plaintiff deadline in the ZoomInfo securities case, reinforcing the legal overhang. Article Title
• Negative Sentiment: Wells Fargo lowered its price target to $3.00, adding to bearish sentiment around the stock.
• Negative Sentiment: One PR note framed the lawsuit around a roughly 33% stock decline and alleged concealment of weakening fundamentals/customer retention issues, which can further pressure investor confidence.

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.