Mizuho has adjusted its price target for ZoomInfo Technologies Inc. (ZI, Financial), lowering it from $11 to $9. Despite maintaining a Neutral rating, Mizuho's revision comes as part of its broader Q1 analysis for the software industry, where it has reduced price targets across several companies. This adjustment reflects the recent contraction in software sector valuations.
The firm suggests that the recent decline in stock prices might provide a favorable buying opportunity for investors. Mizuho anticipates robust first-quarter performance reports from software companies but advises that management teams are likely to adopt a cautious outlook for the upcoming fiscal year. Nonetheless, the core fundamentals of the software-as-a-service model remain strong and are expected to be resilient against external factors such as tariffs.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for ZoomInfo Technologies Inc (ZI, Financial) is $12.11 with a high estimate of $17.24 and a low estimate of $7.00. The average target implies an upside of 51.39% from the current price of $8.00. More detailed estimate data can be found on the ZoomInfo Technologies Inc (ZI) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, ZoomInfo Technologies Inc's (ZI, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ZoomInfo Technologies Inc (ZI, Financial) in one year is $22.08, suggesting a upside of 176% from the current price of $8. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ZoomInfo Technologies Inc (ZI) Summary page.
