These Analysts Increase Their Forecasts On ZoomInfo Technologies Following Better-Than-Expected Q3 Earnings

Core Insights - ZoomInfo Technologies Inc. reported strong Q3 earnings, with earnings per share of 28 cents, surpassing the analyst consensus estimate of 26 cents per share, and quarterly sales of $318 million, exceeding the consensus estimate of $303.812 million [1] - The company raised its FY2025 adjusted EPS guidance from a range of $0.99-$1.01 to $1.04-$1.06 and increased sales guidance from $1.215 billion-$1.225 billion to $1.237 billion-$1.240 billion [2] - CEO Henry Schuck highlighted the company's record revenue, accelerating momentum in the Upmarket segment, and improved net revenue retention, emphasizing the strategic focus on delivering value to customers [3] Analyst Reactions - Following the earnings announcement, analysts adjusted their price targets for ZoomInfo, with Keybanc maintaining an Underweight rating and raising the price target from $9 to $10, while Barclays maintained an Equal-Weight rating and increased the price target from $13 to $14 [4][6]