Five9 (NASDAQ:FIVN) Given New $35.00 Price Target at Truist Financial

Five9 (NASDAQ:FIVNFree Report) had its price objective hoisted by Truist Financial from $23.00 to $35.00 in a report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the software maker’s stock.

FIVN has been the subject of several other research reports. UBS Group increased their target price on shares of Five9 from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Cantor Fitzgerald boosted their price target on Five9 from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday. Barclays upped their price objective on Five9 from $22.00 to $25.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Zacks Research cut Five9 from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings upgraded Five9 from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, May 19th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Five9 presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.64.

Check Out Our Latest Analysis on Five9

Five9 Stock Performance

Shares of Five9 stock opened at $33.99 on Friday. The firm’s fifty day simple moving average is $23.94 and its 200-day simple moving average is $19.89. Five9 has a 12 month low of $13.29 and a 12 month high of $34.10. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 49.26 and a beta of 1.42. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.51 and a quick ratio of 4.51.

Five9 (NASDAQ:FIVNGet Free Report) last issued its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.87%. The firm had revenue of $312.44 million during the quarter, compared to analysts’ expectations of $306.61 million. During the same quarter in the prior year, the business earned $0.76 EPS. Five9’s quarterly revenue was up 10.3% compared to the same quarter last year. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. As a group, equities analysts forecast that Five9 will post 1.39 earnings per share for the current year.

Insider Buying and Selling

In other news, CRO Matthew E. Tuckness sold 8,645 shares of Five9 stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $214,482.45. Following the sale, the executive owned 281,492 shares of the company’s stock, valued at $6,983,816.52. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Panos Kozanian sold 5,869 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $145,609.89. Following the transaction, the executive vice president owned 161,671 shares in the company, valued at approximately $4,011,057.51. This trade represents a 3.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 85,820 shares of company stock worth $2,014,057. 1.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Five9

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its stake in shares of Five9 by 378.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after buying an additional 1,367 shares in the last quarter. Quarry LP acquired a new position in Five9 during the third quarter worth $33,000. Optiver Holding B.V. raised its position in Five9 by 575.9% in the first quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock worth $35,000 after acquiring an additional 1,981 shares in the last quarter. Rothschild Investment LLC raised its position in Five9 by 3,572.0% in the fourth quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock worth $37,000 after acquiring an additional 1,786 shares in the last quarter. Finally, NewEdge Advisors LLC acquired a new stake in Five9 in the first quarter valued at $38,000. Institutional investors and hedge funds own 96.64% of the company’s stock.

Trending Headlines about Five9

Here are the key news stories impacting Five9 this week:

  • Positive Sentiment: Quarterly results exceeded expectations: Five9 reported adjusted earnings of $0.70 per share, above the $0.68 consensus estimate, while revenue reached $312.44 million versus expectations of $306.61 million. Revenue increased 10.3% year over year, reinforcing the company’s continued growth in cloud contact-center software. Five9 Beats Q2 Earnings and Revenue Estimates
  • Positive Sentiment: 2026 guidance was raised above analyst expectations: Five9 forecast third-quarter adjusted EPS of $0.77–$0.81, ahead of the $0.74 consensus, and revenue of $316 million–$322 million versus expectations of $314.6 million. Full-year EPS guidance of $3.22–$3.30 also exceeded the $2.88 consensus estimate, suggesting improved profitability expectations. Five9 Q2 Sales Beat Estimates
  • Positive Sentiment: Analysts lifted their targets: Truist raised its target from $23 to $35 while maintaining a Buy rating, and Rosenblatt increased its target from $29 to $32 and kept a Buy rating. These revisions indicate greater confidence following the earnings report.
  • Neutral Sentiment: Analyst views remain mixed: Piper Sandler raised its target from $24 to $30 but retained a Neutral rating, leaving its valuation below the prevailing share price. This suggests some analysts believe much of the improved outlook is already reflected in FIVN’s valuation. Analyst Price Target Updates
  • Negative Sentiment: Profit growth was not uniform: Quarterly EPS declined from $0.76 in the year-earlier period to $0.70, despite the earnings beat. Investors may also monitor whether the company can sustain double-digit revenue growth after the recent rally.

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.

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