These Analysts Revise Their Forecasts On ZoomInfo After Q3 Results

ZoomInfo Technologies Inc. (NASDAQ:GTM) on Wednesday posted in-line earnings for the third quarter.

The company posted adjusted earnings of 29 cents per share, in-line with market estimates. The company’s sales came in at $308.800 million, beating estimates of $299.824 million.

ZoomInfo Technologies raised its FY2026 adjusted EPS guidance from $1.12-$1.13 to $1.13-$1.14 and increased sales guidance from $1.207 billion-$1.217 billion to $1.224 billion-$1.226 billion.

“ZoomInfo is central to how leading GTM teams and their AI agents get work done, and our headless context layer is now grounding AI agents across dozens of platforms our customers already use,” said Henry Schuck, ZoomInfo Founder and CEO. “Our largest customers continue to invest and grow with us, with our million dollar customer cohort the strongest it has ever been from an ACV and a logo perspective. We continue to prioritize a disciplined balance sheet as we have expanded our approach to capital allocation.”

ZoomInfo shares gained 1.5% to $4.3225 in pre-market trading

These analysts made changes to their price targets on ZoomInfo following earnings announcement.

• Needham analyst Joshua Reilly maintained the stock with a Buy and lowered the price target from $15 to $8.
• Piper Sandler analyst Billy Fitzsimmons upgraded the stock from Underweight to Neutral and raised the price target from $3 to $4.

Considering buying GTM stock? Here’s what analysts think:

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