Five9 (NASDAQ:FIVN) Price Target Cut to $35.00 by Analysts at Truist Financial

Posted by Geri Gentry on Nov 7th, 2026

Five9 (NASDAQ:FIVN – Free Report) had its target price lowered by Truist Financial from $40.00 to $35.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the software maker’s stock.

A number of other equities research analysts have also recently issued reports on the stock. KeyCorp boosted their target price on shares of Five9 from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Friday. FBN Securities assumed coverage on shares of Five9 in a research report on Wednesday, September 16th. They set an “outperform” rating and a $40.00 price target on the stock. Cantor Fitzgerald lifted their price objective on shares of Five9 from $34.00 to $40.00 and gave the stock an “overweight” rating in a research note on Monday, September 21st. Rosenblatt Securities boosted their price objective on shares of Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Evercore downgraded shares of Five9 from an “outperform” rating to a “hold” rating and set a $24.00 price objective for the company. in a report on Friday. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Five9 currently has an average rating of “Moderate Buy” and a consensus price target of $33.94.

Read Our Latest Stock Report on FIVN

Five9 Stock Performance

Shares of NASDAQ:FIVN traded down $6.02 during trading on Friday, reaching $28.12. 6,549,861 shares of the stock were exchanged, compared to its average volume of 1,557,405. Five9 has a 12 month low of $13.29 and a 12 month high of $40.00. The stock has a 50-day moving average price of $34.54 and a 200-day moving average price of $24.49. 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 firm has a market cap of $2.15 billion, a PE ratio of 41.97 and a beta of 1.56.

Five9 (NASDAQ:FIVN – Get Free Report) last announced its earnings results on Thursday, November 5th. The software maker reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. The company had revenue of $323.30 million for the quarter, compared to analyst estimates of $319.04 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.78 earnings per share. Research analysts expect that Five9 will post 1.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Leena Mansharamani sold 1,253 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $31.53, for a total value of $39,507.09. Following the completion of the transaction, the chief accounting officer owned 52,417 shares of the company’s stock, valued at $1,652,708.01. The trade was a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 6,986 shares of the company’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $35.00, for a total transaction of $244,510.00. Following the sale, the president directly owned 237,614 shares of the company’s stock, valued at $8,316,490. This represents a 2.86% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 83,831 shares of company stock valued at $2,821,366. Company insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Five9

Hedge funds have recently bought and sold shares of the company. Aberdeen Group plc acquired a new stake in shares of Five9 during the 3rd quarter worth approximately $11,836,000. Fifth Third Bancorp lifted its stake in Five9 by 4,736.0% during the third quarter. Fifth Third Bancorp now owns 14,895 shares of the software maker’s stock worth $507,000 after purchasing an additional 14,587 shares during the last quarter. Maryland State Retirement & Pension System bought a new stake in Five9 during the third quarter worth $561,000. Lisanti Capital Growth LLC boosted its holdings in shares of Five9 by 3.8% in the 3rd quarter. Lisanti Capital Growth LLC now owns 201,110 shares of the software maker’s stock valued at $6,840,000 after purchasing an additional 7,430 shares in the last quarter. Finally, Illinois Municipal Retirement Fund acquired a new stake in shares of Five9 in the 3rd quarter valued at $1,521,000. 96.64% of the stock is owned by institutional investors.

Trending Headlines about Five9

Here are the key news stories impacting Five9 this week:

Positive Sentiment: Five9 reported Q3 adjusted EPS of $0.82 versus the $0.80 consensus and revenue of $323.3 million versus $319.0 million. Revenue rose 13% year over year, with subscription growth of 16%. Five9 Q3 results
Positive Sentiment: Management’s FY 2026 adjusted EPS guidance of $3.17–$3.21 is above the cited $2.92 consensus. The company also highlighted 91% growth in AI revenue, supporting its opportunity to expand AI-powered customer service products. Q3 earnings call highlights
Neutral Sentiment: Five9 agreed to acquire Level AI for $325 million in cash, adding tools for automating customer interactions and analyzing customer conversations. The deal could strengthen its AI platform, though its eventual financial contribution is uncertain. Level AI acquisition announcement
Negative Sentiment: Gross margins narrowed year over year: GAAP gross margin was 53.4%, versus 55.0% a year earlier. Q4 EPS guidance of $0.88–$0.92 straddles the $0.90 consensus, while revenue guidance is broadly in line with expectations—limiting evidence of a near-term forecast beat. Q3 estimates and margins
Negative Sentiment: Analyst responses were mixed but included a downgrade from Evercore to “in-line” with a $24 target and lower targets from Wells Fargo ($28), Truist ($35), and Barclays ($38). These cautious revisions may add pressure despite several firms retaining positive ratings. Wells Fargo analyst rating

Five9 Company Profile

(Get Free Report)

Five9, Inc is a cloud-based software company that provides customer experience and contact center solutions. Its platform enables organizations to manage customer interactions across voice, chat, email, social media and other digital channels without relying on traditional on-premises contact center infrastructure.

The company’s Intelligent CX Platform includes tools for inbound and outbound communications, digital engagement, workforce optimization, workflow automation, analytics and reporting.