Citigroup Lowers ZoomInfo Technologies (NASDAQ:GTM) Price Target to $2.00

ZoomInfo Technologies (NASDAQ:GTM) had its price target decreased by investment analysts at Citigroup from $4.00 to $2.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “sell” rating on the stock. Citigroup’s price target points to a potential downside of 31.86% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Piper Sandler reaffirmed a “neutral” rating and issued a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Bank of America reissued an “underperform” rating and set a $4.00 target price on shares of ZoomInfo Technologies in a research report on Tuesday, May 19th. Citizens Jmp lowered 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 report on Tuesday, May 12th. Barclays dropped their price target on shares of ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 13th. Finally, Mizuho reissued an “underperform” rating and issued a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $5.98.

ZoomInfo Technologies Stock Up 0.5%

NASDAQ GTM traded up $0.01 during trading hours on Thursday, hitting $2.94. The company had a trading volume of 2,239,816 shares, compared to its average volume of 10,872,087. The firm’s 50 day moving average is $3.67 and its 200 day moving average is $6.06. 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 fifty-two week low of $2.54 and a fifty-two week high of $12.51. The company has a market capitalization of $865.00 million, a price-to-earnings ratio of 7.34, a P/E/G ratio of 0.56 and a beta of 0.87.

ZoomInfo Technologies (NASDAQ:GTM) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter. During the same quarter in the prior year, the firm earned $0.23 EPS. The company’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 anticipate that ZoomInfo Technologies will post 0.81 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Domenic Maida acquired 27,500 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average cost of $3.60 per share, with a total value of $99,000.00. Following the completion of the acquisition, the director directly owned 66,342 shares in the company, valued at $238,831.20. This represents a 70.80% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 9.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GTM. Global Retirement Partners LLC acquired a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $26,000. Fifth Third Bancorp acquired a new position in shares of ZoomInfo Technologies during the fourth quarter worth approximately $29,000. Covestor Ltd bought a new position in shares of ZoomInfo Technologies in the fourth quarter worth $34,000. Allworth Financial LP acquired a new position in ZoomInfo Technologies during the 3rd quarter valued at about $40,000. Finally, Parallel Advisors LLC bought a new position in shares of ZoomInfo Technologies in the fourth quarter valued at approximately $40,000. Institutional investors and hedge funds 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.