Zoominfo Technologies Inc reports results for the quarter ended March 31 - Earnings Summary

Software stocks slid for a second straight session as profit-taking continued, with the S&P 500 and Nasdaq largely flat, indicating sector digestion. The pullback followed a rapid rebound after early-February AI-agent fears (“SaaSpocalypse”) erased about $285B in valuations. By June 2, the IGV was ~11% below its peak. Domo (-9.2%), ZoomInfo (-7.9%), Upland (-12.2%), and Commerce (-9.4%) fell.

Jefferies downgraded ZoomInfo (GTM) to Hold from Buy on May 21, cutting its price target to $4 from $12 and citing a “material” reduction in projected 2026 revenue growth plus no improvement expected in 2027. The firm said client demand has been weak for two years and AI is changing purchasing behavior. Morgan Stanley on May 19 cut its target to $5 from $9, keeping Equal Weight.

ZoomInfo Technologies Inc. (NasdaqGS:GTM) saw its shares fall after being downgraded by Jefferies. This news follows several other recent analyst price target cuts from firms like Deutsche Bank, RBC, UBS, and Morgan Stanley, largely due to a "muted" growth outlook for the company in 2026 despite an earnings beat in Q4 2025. The company's stock also experienced changes in its S&P index inclusion in March 2026.

ZoomInfo Technologies Inc. (NASDAQ: GTM) reported Q1 2026 GAAP revenue of $310.2 million, a 1.5% year-over-year increase, alongside strong operating income growth. Despite this, the company lowered its full-year 2026 financial outlook for GAAP revenue, adjusted operating income, and unlevered free cash flow. ZoomInfo operates a cloud-based platform for sales and marketing teams, serving 1,900 customers contributing $100,000 or more in ACV.

ZoomInfo Technologies stock has fallen to a new 52-week low of $4.15, marking a significant decline over the past year despite a strong gross profit margin of 87%. The company recently surpassed Q1 earnings and revenue estimates but has faced multiple analyst downgrades due to competitive pressures, strategic changes, and a reduced full-year outlook. Investors can find further insights into ZoomInfo's performance and future prospects through comprehensive Pro Research Reports.

ZoomInfo Technologies Inc. (GTM) reported strong Q4 earnings, exceeding analyst expectations for both non-GAAP EPS and revenue. The company achieved a non-GAAP EPS of $0.32 and revenue of $319.1 million, attributing its consistent performance to effective operations and strategic adaptation, including an AI-driven approach. Despite a moderate GF Score of 66/100, indicating strengths in growth and profitability, the company faces potential concerns regarding its financial strength and recent insider selling.