Shares of go-to-market intelligence provider ZoomInfo (NASDAQ:GTM) fell 4.4% in the afternoon session after Wells Fargo initiated coverage on the software company with an 'Underweight' rating. The bank and analyst Ryan Macwilliams set a price target of $10.00 for the stock. This new coverage was part of a broader initiation by Wells Fargo on 18 small and mid-cap software stocks, with the bank highlighting artificial intelligence as a major turning point for the sector. While several other companies received 'Equal Weight' ratings, ZoomInfo was singled out with the negative 'Underweight' assessment, indicating that the bank is less optimistic about its future performance compared to its peers.
Looking back on sales software stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including ZoomInfo (NASDAQ:GTM) and its peers.
ZoomInfo Q2 2025 earnings beat estimates with $306.7M revenue and $0.25 EPS, sparking a 6.95% stock surge. New CFO appointment and strong demand for its intelligence platform drive optimism.
