Stifel lowers ZoomInfo’s price target amid investor concerns over AI’s impact on pricing power and workflow disruption.
Stifel analyst J. Parker Lane reduced ZoomInfo Technologies Inc.’s (NASDAQ:GTM) price target to $3.50 from $4 while maintaining a Hold rating. The adjustment reflects broader industry shifts as AI reshapes software usage models, raising questions about pricing power and monetization trends.
ZoomInfo, which provides cloud-based sales and marketing data, recently launched GTM.AI CLI, a command-line tool accessing its GTM Context Graph. The platform holds identity-resolved data on over 100 million companies and 500 million contacts, aiming to streamline data integration for users.
The stock, trading below $5, faces scrutiny as investors weigh AI’s potential to disrupt traditional workflows. Market reaction remains muted amid ongoing uncertainty over long-term monetization strategies.