In a report released today, Surinder Thind from Jefferies reiterated a Buy rating on ZoomInfo Technologies (ZI – Research Report), with a price target of $15.00.
Surinder Thind has given his Buy rating due to a combination of factors that suggest potential growth and value in ZoomInfo Technologies. Despite a slight reduction in the 2025 adjusted EPS estimate, Thind notes that the company’s valuation at 4.5x EV/Revenue is appealing. The introduction of the CoPilot product has been a significant driver, outperforming expectations and contributing to a rise in net revenue retention, particularly among upmarket clients who are more receptive to upselling.
Furthermore, the CoPilot product has been instrumental in attracting new customers and enhancing revenue from existing ones, with a substantial portion of adopters being new clients. While the macroeconomic environment remains uncertain, Thind sees potential for mid- to high-single-digit growth in 2026, which could lead to a higher stock price. Although challenges persist, particularly with downmarket clients, management anticipates improvement, and the upcoming product releases may provide additional upsell opportunities. Thus, Thind reiterates a Buy rating, expecting the stock to perform well in the future.
Thind covers the Technology sector, focusing on stocks such as Accenture, CGI, and Cognizant. According to TipRanks, Thind has an average return of 6.4% and a 48.62% success rate on recommended stocks.
In another report released on March 6, Needham also maintained a Buy rating on the stock with a $15.00 price target.
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