Wolfe Research Downgrades ZoomInfo Technologies (ZI) to Peerperform, 'we believe shares stay range-bound'

ZoomInfo (ZI) cut to Peer Perform at Wolf following 2Q miss and sell-off

Wolf research downgraded software company ZoomInfo (NASDAQ: ZI) to a Peer Perform rating (From Outperform), with a $15-$21 FV range, following the companys 2Q earnings release.

ZI reported 2Q23 revenue of $308.6M (missing consensus estimates of $310.94M), marking the company's first guidance miss as a public company. Operating... More

ZoomInfo Technologies (ZI) PT Lowered to $23 at UBS

UBS analyst Jennifer Swanson Lowe lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $23.00 (from $27.00) while maintaining a Neutral rating.... More

Caterpillar, Merck rise premarket; Pfizer, JetBlue and ZoomInfo fall

Investing.com -- U.S. futures edged lower Tuesday, with investors digesting more corporate earnings as well as key job openings data.

Here are some of the biggest premarket U.S. stock movers today:

Meta Platforms (NASDAQ: META) stock fell 0.4% after the Financial Times reported that... More

ZoomInfo Technologies (ZI) PT Lowered to $26 at JPMorgan

JPMorgan analyst Mark Murphy lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $26.00 (from $31.00) while maintaining a Overweight rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $27 at Stifel

Stifel analyst Parker Lane lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $27.00 (from $30.00) while maintaining a Buy rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $26 at Canaccord Genuity

Canaccord Genuity analyst David Hynes Jr. lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $26.00 (from $32.00) while maintaining a Buy rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $24 at Truist Securities

Truist Securities analyst Terry Tillman lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $24.00 (from $28.00) while maintaining a Hold rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $26 at Raymond James

Raymond James analyst Brian Peterson lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $26.00 (from $28.00) while maintaining a Outperform rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $26 at Credit Suisse

Credit Suisse analyst Rich Hilliker lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $26.00 (from $32.00) while maintaining a Outperform rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $26 at Morgan Stanley

Morgan Stanley analyst Elizabeth Porter lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $26.00 (from $31.00) while maintaining a Overweight rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $30 at Mizuho Securities

Mizuho Securities analyst Siti Panigrahi lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $30.00 (from $36.00) while maintaining a Buy rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $28 at Wells Fargo

Wells Fargo analyst Michael Turrin lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $28.00 (from $34.00) while maintaining a Overweight rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $22 at RBC Capital

RBC Capital analyst Rishi Jaluria lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $22.00 (from $28.00) while maintaining a Sector Perform rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $28 at BofA Securities

BofA Securities analyst Koji Ikeda lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $28.00 (from $30.00) while maintaining a Neutral rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $30 at Goldman Sachs

Goldman Sachs analyst Kash Rangan lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $30.00 (from $34.00) while maintaining a Buy rating.... More

Deutsche Bank Downgrades ZoomInfo Technologies (ZI) to Hold, 'data asset will remain a valuable pillar'

Deutsche Bank analyst Brad Zelnick downgraded ZoomInfo Technologies (NASDAQ: ZI) from Buy to Hold with a price target of $20.00 (from $31.00).

The analyst comments "We downgrade shares of ZoomInfo to Hold from Buy following disappointing 2Q results that largely suffered from further deterioration and down selling within the tech customer vertical. While we are implicitly closer to a bottom and... More

ZoomInfo Technologies (ZI) PT Lowered to $34 at DA Davidson

DA Davidson analyst Gil Luria lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $34.00 (from $40.00) while maintaining a Buy rating.... More

ZoomInfo Technologies (ZI) PT Lowered to $25 at Barclays

Barclays analyst Raimo Lenschow lowered the price target on ZoomInfo Technologies (NASDAQ: ZI) to $25.00 (from $34.00) while maintaining a Overweight rating.... More

After-hours movers: ZoomInfo sinks on weak guidance, Arista Networks gains on results

After-Hours Stock Movers:

ZoomInfo Technologies Inc. (NASDAQ: ZI) 17% LOWER; reported Q2 EPS of $0.26, $0.03 better than the analyst estimate of $0.23. Revenue for the quarter came in at $308.6 million versus the consensus estimate of $310.94 million. Announces $500 million Share Repurchase Program ZoomInfo Technologies Inc. sees Q3 2023 EPS of $0.24-$0.25, versus the consensus of $0.25. ZoomInfo Technologies Inc. sees Q3 2023 revenue of $309-312 million, versus the consensus of $325.8 million. ZoomInfo Technologies Inc. sees FY2023 EPS of $0.99-$1.00, versus the consensus of $1.00. ZoomInfo Technologies Inc. sees FY2023 revenue of... More

ZoomInfo shares fall 20% after missing on revenue, revising guidance lower; Deutsche Bank cuts rating

(Updated - August 1, 2023 5:34 AM EDT)

Investing.com -- ZoomInfo Technologies Inc (NASDAQ: ZI) stock fell as much as 20% in early Tuesday trading after the company's revenue guidance for the third quarter was weaker than expected.

The company, which makes a cloud-based platform for sales and marketing, reported adjusted earnings per share of 26 cents on revenue of $308.6 million, up 16%. Analysts expected earnings of 23 cents... More

ZoomInfo Technologies Inc. (ZI) Tops Q2 EPS by 3c, Revenues Miss; Guides Revenues Below Views

ZoomInfo Technologies Inc. (NASDAQ: ZI) reported Q2 EPS of $0.26, $0.03 better than the analyst estimate of $0.23. Revenue for the quarter came in at $308.6 million versus the consensus estimate of $310.94 million.

Announces $500 million Share Repurchase Program

GUIDANCE:

ZoomInfo Technologies Inc. sees Q3 2023 EPS... More