Barclays Remains Cautious on Zoominfo Technologies (GTM)

Zoominfo Technologies Inc. (NASDAQ:GTM) is currently showing notable potential upside and hedge fund support, helping its case as one of the Best Tech Stocks Under $10 to Buy, but analysts have more tempered expectations for the stock.

On January 12, Barclays maintained an Equal Weight rating on Zoominfo while cutting the price target to $12 from $14. In his report, analyst Raimo Lenschow noted that “stock valuation levels are low and the sector is out of favor,” in his commentary on software companies’ prospects for this year. Nonetheless, Lenschow expects the software industry to remain in a favorable setup for 2026, which could help the stock valuations of tech companies like Zoominfo Technologies Inc. (NASDAQ:GTM), as spending on IT services remains stable.

The next day, on January 13, RBC Capital analyst Rishi Jaluria maintained his Sell rating and $8 price target on the stock in a new report.

Zoominfo Technologies Inc. (NASDAQ:GTM) operates a cloud-based platform that offers information on organizations and professionals for sales and marketing teams. The company’s platform covers sales leadership, sales development, marketing, demand generation, sales and marketing operations, and recruiting.

While we acknowledge the potential of GTM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.