Five9 (NASDAQ:FIVN) Trading Down 5.6% – Should You Sell?

Posted by George Bondi on Jul 24th, 2026

Five9, Inc. (NASDAQ:FIVN – Get Free Report)’s share price fell 5.6% during trading on Wednesday . The stock traded as low as $23.25 and last traded at $23.81. 258,085 shares traded hands during trading, a decline of 91% from the average daily volume of 2,738,548 shares. The stock had previously closed at $25.23.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Rosenblatt Securities restated a “buy” rating and set a $29.00 target price on shares of Five9 in a report on Wednesday, June 24th. Zacks Research upgraded Five9 from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 1st. Piper Sandler reissued a “neutral” rating and set a $24.00 price objective (up from $21.00) on shares of Five9 in a report on Friday, May 1st. Cantor Fitzgerald raised their price objective on Five9 from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, UBS Group boosted their target price on Five9 from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $25.93.

Get Our Latest Research Report on Five9

Five9 Stock Down 5.2%

The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 32.96, a price-to-earnings-growth ratio of 1.01 and a beta of 1.46. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.51 and a current ratio of 4.51. The business’s 50 day moving average is $22.71 and its 200-day moving average is $19.21.

Five9 (NASDAQ:FIVN – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. The company had revenue of $305.32 million during the quarter, compared to analysts’ expectations of $299.92 million. Five9 had a net margin of 4.87% and a return on equity of 12.66%. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.62 earnings per share. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. Equities analysts anticipate that Five9, Inc. will post 1.39 EPS for the current fiscal year.

Insider Activity

In other Five9 news, CAO Leena Mansharamani sold 2,556 shares of Five9 stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $63,414.36. Following the transaction, the chief accounting officer directly owned 57,698 shares of the company’s stock, valued at $1,431,487.38. The trade was a 4.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan M. Lee sold 1,511 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $24.25, for a total value of $36,641.75. Following the transaction, the chief financial officer owned 309,951 shares of the company’s stock, valued at approximately $7,516,311.75. This trade represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 85,820 shares of company stock worth $2,014,057 over the last 90 days. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Five9

A number of hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System grew its position in Five9 by 0.8% during the second quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock worth $1,832,000 after buying an additional 549 shares in the last quarter. Citizens Financial Group Inc. RI raised its holdings in Five9 by 7.3% in the 4th quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker’s stock valued at $228,000 after acquiring an additional 776 shares in the last quarter. Franklin Resources Inc. raised its holdings in Five9 by 1.5% in the 4th quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker’s stock valued at $1,129,000 after acquiring an additional 807 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Five9 by 378.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after acquiring an additional 1,367 shares during the period. Finally, Quarry LP bought a new stake in shares of Five9 in the 3rd quarter worth approximately $33,000. 96.64% of the stock is owned by institutional investors.

About Five9

(Get Free Report)

Five9, Inc (NASDAQ: FIVN) is a leading provider of cloud-based contact center software designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels. Its platform offers features such as intelligent routing, analytics, workforce optimization and integrated customer relationship management (CRM) connectors. The company emphasizes AI-driven capabilities, including virtual agents and predictive dialing, to enhance both agent productivity and customer experience.

Founded in 2001 and headquartered in San Ramon, California, Five9 completed its initial public offering in February 2014.