ZoomInfo Technologies, which develops an analytical platform for marketing companies, is launching its IPO on June 3. ZI stock will start trading on the NASDAQ at $16 to $18 per share. You can apply to trade before today, June 2, 7:00 pm (UTC+2).
The Freedom Finance analysts are expecting ZoomInfo Technologies to increase by 30% over three months, by the end of the lockup period. Why do we think it might be that high-yield? Read on.
Why Trade ZoomInfo Technologies?
Reason 1: An In-Demand Product
ZoomInfo platform, which is the company's flagship product, helps businesses find leads and potential customers to sell goods and services to. The platform houses detailed info on 14M of companies and 100M employees, including contacts, business description, financial details, etc. This information gets integrated into the user's CRM and helps reduce the sales cycle, which has a positive influence on profits. Over 192K users have already leveraged the advantages of ZoomInfo platform.
Reason 2: Profit and Growth
ZoomInfo Technologies is growing steadily. Since 2019, the revenue have increased sharply by 103%, due to the merger with Zoom Information and the rising customer base. In Q1 2020, the revenue increased by 80%, and the EBIT, by 20%, mostly thanks to cost reduction.
Reason 3: Large Potential Market of $24B
The company sees its target market as $24B. With the customer base of 14,000, the market entry has so far been completed by less than 2%.
Reason 4: Powerful Shareholders
Among the investors, one can name Carlyle Group, one of the largest investment funds managing over $244B in assets, and TA Associates, which is focused on acquiring and minor recapitalization of profitable companies. The latter has already invested $25B, and is currently working with 525 companies across the globe.
With the market potential and all risks taken into account, Freedom Finance analysts are expecting the ZoomInfo Technologies equity to reach $9.099B, with the price at $23.40 per share, which is 30% more than the current maximum IPO price at $18.
How to Trade on an IPO
You can apply before today, June 2, 7:00 pm (UTC+2). In order to trade on an IPO, you need an investment account with Freedom Finance.
If you are already a Freedom Finance client, just log into your account to start trading.
If you don't have a Freedom Finance account yet, we recommend you opening it as soon as possible. Otherwise, you may miss it, as there are less than two days left before the IPO, while the account verification process after opening and funding it may take more than one business day.
Why Freedom Finance?
Reason 1: We Pick Only the Best IPO's
Out of all IPO's in the market, we pick only those that could yield the best results. Since 2012, we have invited our clients to trade on 96 IPO's, with an average yield of 48% after the 93-day lock up. A good track record, isn't it?
Reason 2: Minimum Investment Amount
Before, only the investors having a few million dollars were allowed to trade IPO's. Our clients can now participate with $2,000.
Reason 3: A Unique Opportunity for European Retail Clients
We are one of the few EU-based brokers offering access to the US companies' IPO's to our clients. Don't miss your chance!
Apply to Trade ZI IPO
*Investment in stocks and other financial instruments may result in loss of capital. Past investment results do not guarantee future returns. The forecasts are not reliable indicator of future performance.