Results: ZoomInfo Technologies Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

ZoomInfo Technologies Inc. (NASDAQ:GTM) just released its latest quarterly results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 4.7% to hit US$318m. ZoomInfo Technologies reported statutory earnings per share (EPS) US$0.12, which was a notable 10% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Following last week's earnings report, ZoomInfo Technologies' 21 analysts are forecasting 2026 revenues to be US$1.26b, approximately in line with the last 12 months. Statutory earnings per share are predicted to bounce 58% to US$0.53. Before this earnings report, the analysts had been forecasting revenues of US$1.23b and earnings per share (EPS) of US$0.49 in 2026. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

Check out our latest analysis for ZoomInfo Technologies

With these upgrades, we're not surprised to see that the analysts have lifted their price target 5.5% to US$12.35per share. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on ZoomInfo Technologies, with the most bullish analyst valuing it at US$16.00 and the most bearish at US$8.00 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that ZoomInfo Technologies' revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 1.2% growth on an annualised basis. This is compared to a historical growth rate of 18% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 12% annually. Factoring in the forecast slowdown in growth, it seems obvious that ZoomInfo Technologies is also expected to grow slower than other industry participants.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around ZoomInfo Technologies' earnings potential next year. They also upgraded their revenue estimates for next year, even though it is expected to grow slower than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for ZoomInfo Technologies going out to 2027, and you can see them free on our platform here.

Plus, you should also learn about the 2 warning signs we've spotted with ZoomInfo Technologies .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.