5 Best Tech Stocks Under $5 to Buy

2. ZoomInfo Technologies Inc. (NASDAQ:GTM)

Number of Hedge Fund Holders: 47

ZoomInfo Technologies Inc. (NASDAQ:GTM) is one of the best tech stocks under $5 to buy. On May 21, Jefferies downgraded ZoomInfo Technologies Inc. (NASDAQ:GTM) to Hold from Buy, bringing the price target on the stock down to $4 from $12 and stating that it “materially reduced” the company’s revenue growth for 2026 and does not expect conditions to improve in 2027.

Jefferies also told investors in a research note that the company’s client demand has been weak for two years, and is beginning to change client behavior with AI beginning to penetrate enterprise workflows, which includes negatively impacting purchasing decisions. The firm believes that clients have started to prefer building their own workflows and analytics around ZoomInfo Technologies Inc.’s (NASDAQ:GTM) data instead of subscribing to the company’s software, and it does not see a catalyst to move shares higher.

ZoomInfo Technologies Inc. (NASDAQ:GTM) also received a rating update from Morgan Stanley on May 19, with the firm cutting the price target on the stock down to $5 from $9 while maintaining an Equal Weight rating on the shares.

ZoomInfo Technologies Inc. (NASDAQ:GTM) provides a cloud-based platform offering information on professionals and organizations for sales and marketing teams. The company’s offerings include sales leadership, sales development, marketing, demand generation, sales and marketing operations, and recruiting.

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