Piper Sandler upgrades ZoomInfo Technologies to Neutral from Underweight, raises price target to $4 from $3

Stifel raised its price target on ZoomInfo (ZI) to $4.50, citing Q3 earnings beat and maintaining a Hold rating. The stock trades at $3.98, with a Fair Value of $6.09. ZoomInfo faces headwinds but reports 86% gross margins and upward earnings revisions. Needham lowered its target to $8.00, while D.A. Davidson kept a Neutral rating with a $4.25 target.

Needham reduced its price target for ZoomInfo (ZI) to $8.00 from $15.00, citing a pricing strategy shift. The stock is down 62% over the past year. ZoomInfo reported Q3 2026 earnings meeting profit expectations and exceeding revenue projections, with adjusted earnings of $0.29 per share and revenue of $308.8 million. The company's gross profit margin remains high at 86%.

ZoomInfo reported Q3 2026 revenue of $309M, exceeding its own targets. The company expects unlevered free cash flow of $405M-$425M by 2026, attributing this to its GTM1 rollout and hybrid pricing strategy. Management noted strong execution despite challenging demand conditions.

ZoomInfo Technologies Inc (GTM) reported Q3 2026 revenue of $309M, exceeding guidance, with adjusted operating income of $119M (39% margin). The company raised full-year 2026 guidance but expects Q4 revenue to decline. Upmarket ACV was flat year-over-year, and net revenue retention slipped to 88%. GTM cited challenges in the software vertical and potential near-term revenue pressure. The company highlighted growth in new surface areas and plans for a hybrid pricing model.

ZoomInfo Technologies reported Q3 earnings, highlighting increased data access through new channels, with consumption doubling sequentially. Executives noted potential future revenue growth as customers expand purchases. The company forecasted Q4 revenue of $294M-$297M and raised its full-year revenue guidance to $1.2235B-$1.2265B, a 2% decline at the midpoint. ZoomInfo also announced a $44M settlement for 2024 securities litigation, with $25M recoverable under insurance.

ZoomInfo Technologies Inc. (GTM) reported Q3 net income of $2.2M, or 1 cent per share, with adjusted earnings of 29 cents per share, meeting expectations. Revenue was $308.8M, exceeding forecasts. For Q4, the company expects earnings of 29-30 cents per share and revenue of $294M-$297M. Full-year earnings are projected at $1.13-$1.14 per share, with revenue of $1.22B-$1.23B.