Barclays Reduces PT on ZoomInfo Technologies (GTM) Stock

ZoomInfo Technologies Inc. (NASDAQ:GTM) is one of the Most Undervalued Stocks Under $10 to Buy Right Now. On April 21, Barclays reduced its price objective on the company’s stock to $8 from $9, while keeping an “Equal Weight” rating on the shares. Notably, the firm adjusted its targets in the broader software group as part of the earnings preview for Q1.

Barclays Reduces PT on ZoomInfo Technologies (GTM) Stock

The analyst remains uncertain about the negative sentiments around software turning around in Q1. The firm opines that Q1 is seasonally the smallest quarter, while the macro backdrop didn’t act as a tailwind. The main challenge is that the fundamental improvements for software need to wait till H2 2026.

Notably, Piper Sandler reduced its price objective on ZoomInfo Technologies Inc. (NASDAQ:GTM)’s stock to $7 from $8, while keeping a “Neutral” rating. As per the firm, 2026 was a tough one for enterprise software. The firm reduced multiples in the broader group ahead of the Q1 earnings.

ZoomInfo Technologies Inc. (NASDAQ:GTM)  is engaged in providing go-to-market intelligence and an engagement platform for sales, marketing, operations, as well as recruiting professionals.

While we acknowledge the risk and potential of GTM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GTM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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