Canaccord Genuity Group Downgrades ZoomInfo Technologies (NASDAQ:GTM) to Hold

ZoomInfo Technologies (NASDAQ:GTM) was downgraded by investment analysts at Canaccord Genuity Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. They currently have a $5.00 price objective on the stock, down from their previous price objective of $12.00. Canaccord Genuity Group’s target price suggests a potential upside of 26.26% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Royal Bank Of Canada cut their price target on ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating on the stock in a research report on Tuesday, February 10th. Wall Street Zen raised shares of ZoomInfo Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. DA Davidson dropped their price objective on ZoomInfo Technologies from $13.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Citigroup reduced their price objective on shares of ZoomInfo Technologies from $8.00 to $6.50 and set a “sell” rating for the company in a research report on Wednesday, February 11th. Finally, Citizens Jmp lowered their price objective on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat, ZoomInfo Technologies has a consensus rating of “Reduce” and an average target price of $7.15.

ZoomInfo Technologies Trading Down 2.5%

NASDAQ:GTM opened at $3.96 on Tuesday. The company has a market capitalization of $1.21 billion, a P/E ratio of 9.90, a PEG ratio of 1.14 and a beta of 1.04. The company has a current ratio of 0.69, a quick ratio of 0.72 and a debt-to-equity ratio of 0.89. The firm has a fifty day simple moving average of $5.96 and a 200-day simple moving average of $8.07. ZoomInfo Technologies has a 12 month low of $3.85 and a 12 month high of $12.51.

ZoomInfo Technologies (NASDAQ:GTM) last issued its quarterly earnings results 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 during the quarter. During the same period in the prior year, the firm posted $0.23 EPS. The business’s revenue 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. On average, equities research analysts anticipate that ZoomInfo Technologies will post 0.79 earnings per share for the current year.

Insider Activity

In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $40,849.33. Following 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 through the SEC website. Also, CRO James M. Roth sold 35,723 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $209,694.01. Following the transaction, the executive owned 139,795 shares of the company’s stock, valued at approximately $820,596.65. This represents a 20.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 44,727 shares of company stock valued at $262,834. 9.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On ZoomInfo Technologies

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. acquired a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at $255,416,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in ZoomInfo Technologies in the fourth quarter valued at approximately $5,799,000. JPMorgan Chase & Co. acquired a new position in ZoomInfo Technologies in the third quarter valued at approximately $74,670,000. CIBC Private Wealth Group LLC purchased a new position in shares of ZoomInfo Technologies in the 3rd quarter valued at $5,419,000. Finally, State of New Jersey Common Pension Fund D acquired a new stake in ZoomInfo Technologies during the 4th quarter worth $2,336,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Key Headlines Impacting ZoomInfo Technologies

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

• Positive Sentiment: JPMorgan kept an overweight rating on ZoomInfo and still sees meaningful upside, even after trimming its price target to $11 from $12. ZoomInfo Technologies (NASDAQ:GTM) Price Target Cut to $11.00 by Analysts at JPMorgan Chase & Co.
• Positive Sentiment: Some firms continue to view the stock as fairly valued near current levels, including Piper Sandler with a neutral rating and a $4 target, suggesting limited downside from here. ZoomInfo Technologies Earnings Estimates, EPS & Revenue | NASDAQ:GTM
• Neutral Sentiment: Several analysts lowered targets but did not turn outright negative, including UBS and DA Davidson, both cutting their targets to $5 while maintaining neutral-type ratings. ZoomInfo Technologies (NASDAQ:GTM) Given New $5.00 Price Target at UBS Group
• Neutral Sentiment: Barclays reduced its target to $5 and kept an equal weight rating, while Stifel, BTIG and others remained at hold/neutral. ZoomInfo Technologies (NASDAQ:GTM) Price Target Lowered to $5.00 at Barclays
• Neutral Sentiment: ZoomInfo continues to trade around the low end of its range after a weak post-earnings reaction, with the market focused on the company’s new consumption-pricing shift and restructuring plan. ZoomInfo forecasts FY 2026 revenue $1.185B-$1.205B amid 20 percent workforce reduction
• Negative Sentiment: Citigroup cut its target to $4 and rated the stock sell, reflecting cautious expectations despite a small upside to the current price. ZoomInfo Technologies had its price target lowered by Citigroup Inc. from $5.00 to $4.00.
• Negative Sentiment: Mizuho reaffirmed underperform and slashed its target to $3 from $10, adding to the bearish tone across Wall Street. ZoomInfo Technologies had its “underperform” rating reaffirmed by Mizuho.
• Negative Sentiment: Investor sentiment was further hurt by a shareholder investigation into possible securities law violations, tied to the company’s sharp FY2026 guidance cut and alleged inconsistencies in management commentary. GTM SHAREHOLDER INVESTIGATION: Levi & Korsinsky Investigates ZoomInfo Technologies Inc. for Possible Securities Law Violations
• Negative Sentiment: Multiple other brokerages also cut targets or downgraded the stock, including Wells Fargo, Citizens JMP, Canaccord, and Barclays, reinforcing concerns about slowing growth and the company’s AI-related disruption. This Market Intelligence Stock Is Sinking 32% as AI Claims Another Victim

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.