ZoomInfo price target lowered to $5 from $7 at DA Davidson

DA Davidson lowered the firm’s price target on ZoomInfo (GTM) to $5 from $7 and keeps a Neutral rating on the shares after its Q1 results. The firm cites the management having lowered the midpoint of its 2026 revenue guide by $62M or to account for a regression in positive upmarket trends, an elevated pace of contraction in the downmarket segment, and incremental conservatism to account for a less constructive macro and risks associated with implementing a more flexible consumption pricing model starting in Q3, the analyst tells investors in a research note.