Mizuho analyst Siti Panigrahi downgraded ZoomInfo (GTM) to Underperform from Neutral with a price target of $3, down from $10. The company’s “disappointing” fiscal 2026 guidance revision implies its revenue will decline 8.5% in the second half of the year, the analyst tells investors in a research note. The firm says ZoomInfo is seeing a regression in its down-market and up-market growth trajectories, with late-quarter deterioration in the software vertical from “AI-driven purchasing paralysis.” Mizuho is “skeptical” that the company has a clear path to returning to growth over the near-term.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GTM:
- ZoomInfo Earnings Call Maps Profit-First Transition
- Toast downgraded, Lowe’s upgraded: Wall Street’s top analyst calls
- Midday Fly By: eBay rejects GameStop offer, Trian said to eye Wendy’s bid
- ZoomInfo price target lowered to $5 from $7 at DA Davidson
- ZoomInfo price target lowered to $6 from $10 at Deutsche Bank
