Five9 (NASDAQ:FIVN) Price Target Raised to $40.00

Five9 (NASDAQ:FIVNFree Report) had its target price lifted by Truist Financial from $35.00 to $40.00 in a research note issued to investors on Monday morning,Benzinga reports. The firm currently has a buy rating on the software maker’s stock.

FIVN has been the topic of a number of other reports. DA Davidson lifted their price objective on shares of Five9 from $22.00 to $28.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. UBS Group reaffirmed a “positive” rating on shares of Five9 in a research note on Monday. Robert W. Baird increased their price objective on Five9 from $22.00 to $30.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Canaccord Genuity Group increased their target price on shares of Five9 from $33.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Finally, Cantor Fitzgerald raised their price target on shares of Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Five9 has a consensus rating of “Moderate Buy” and an average price target of $33.14.

Read Our Latest Analysis on Five9

Five9 Trading Down 1.3%

Shares of FIVN stock opened at $33.59 on Monday. The stock has a market cap of $2.57 billion, a P/E ratio of 48.68 and a beta of 1.48. Five9 has a 1 year low of $13.29 and a 1 year high of $35.17. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94. The stock has a 50 day simple moving average of $28.07 and a 200 day simple moving average of $21.87.

Five9 (NASDAQ:FIVNGet Free Report) last released its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The company’s revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.76 EPS. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. On average, research analysts predict that Five9 will post 1.55 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Bryan M. Lee sold 1,511 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $24.25, for a total transaction of $36,641.75. Following the sale, the chief financial officer owned 309,951 shares in the company, valued at $7,516,311.75. This represents a 0.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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. Also, President Andy Dignan sold 17,767 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $35.03, for a total value of $622,378.01. Following the sale, the president directly owned 257,920 shares of the company’s stock, valued at $9,034,937.60. This represents a 6.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 22,351 shares of company stock valued at $733,540. Corporate insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Five9

A number of institutional investors and hedge funds have recently modified their holdings of FIVN. Amundi increased its stake in shares of Five9 by 8.3% in the 1st quarter. Amundi now owns 40,291 shares of the software maker’s stock valued at $1,017,000 after acquiring an additional 3,079 shares in the last quarter. Guggenheim Capital LLC grew its holdings in Five9 by 95.7% in the second quarter. Guggenheim Capital LLC now owns 27,826 shares of the software maker’s stock worth $737,000 after purchasing an additional 13,606 shares during the period. California Public Employees Retirement System grew its holdings in Five9 by 39.4% in the second quarter. California Public Employees Retirement System now owns 121,700 shares of the software maker’s stock worth $3,223,000 after purchasing an additional 34,375 shares during the period. Qube Research & Technologies Ltd increased its stake in Five9 by 52.7% in the second quarter. Qube Research & Technologies Ltd now owns 31,182 shares of the software maker’s stock valued at $826,000 after purchasing an additional 10,755 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in Five9 by 147.2% in the second quarter. The Manufacturers Life Insurance Company now owns 40,137 shares of the software maker’s stock valued at $1,063,000 after purchasing an additional 23,901 shares in the last quarter. 96.64% of the stock is currently 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.

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Analyst Recommendations for Five9 (NASDAQ:FIVN)

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