Five9 (NASDAQ:FIVN) Stock Gets Downgrade from Evercore

Posted by Brenda Bartman on Nov 7th, 2026

Five9 (NASDAQ:FIVN – Get Free Report) was downgraded by research analysts at Evercore from an “outperform” rating to an “in-line” rating in a research report issued on Friday, Marketbeat.com reports. They presently have a $24.00 price objective on the software maker’s stock. Evercore‘s price objective would indicate a potential downside of 14.65% from the stock’s current price.

FIVN has been the subject of several other reports. Zacks Research downgraded shares of Five9 from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Canaccord Genuity Group raised their price target on shares of Five9 from $33.00 to $39.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Wall Street Zen downgraded shares of Five9 from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. FBN Securities initiated coverage on Five9 in a report on Wednesday, September 16th. They issued an “outperform” rating and a $40.00 price objective for the company. Finally, Rosenblatt Securities upped their target price on Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $33.94.

View Our Latest Analysis on FIVN

Five9 Stock Performance

Shares of Five9 stock opened at $28.12 on Friday. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.88. The business’s 50 day moving average is $34.54 and its 200-day moving average is $24.49. Five9 has a 12-month low of $13.29 and a 12-month high of $40.00. The stock has a market cap of $2.15 billion, a P/E ratio of 41.97 and a beta of 1.56.

Five9 (NASDAQ:FIVN – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The software maker reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.02. The company had revenue of $323.30 million during the quarter, compared to the consensus estimate of $319.04 million. Five9 had a net margin of 4.51% and a return on equity of 12.85%. The company’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 EPS. Equities research analysts predict that Five9 will post 1.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, President Andy Dignan sold 17,767 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $35.03, for a total transaction of $622,378.01. Following the completion of the transaction, the president owned 257,920 shares of the company’s stock, valued at approximately $9,034,937.60. The trade was a 6.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Bryan Lee sold 19,308 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $33.34, for a total transaction of $643,728.72. Following the completion of the transaction, the chief financial officer directly owned 290,643 shares of the company’s stock, valued at $9,690,037.62. This trade represents a 6.23% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 83,831 shares of company stock worth $2,821,366 over the last 90 days. Corporate insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Five9

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in Five9 by 378.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock valued at $26,000 after acquiring an additional 1,367 shares during the period. Optiver Holding B.V. lifted its stake in shares of Five9 by 575.9% in the 1st quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock valued at $35,000 after purchasing an additional 1,981 shares during the period. NewEdge Advisors LLC bought a new position in shares of Five9 during the 1st quarter worth approximately $38,000. Nykredit A S bought a new position in Five9 during the second quarter worth $39,000. Finally, Root Financial Partners LLC bought a new position in shares of Five9 during the 3rd quarter worth about $39,000. Institutional investors and hedge funds own 96.64% of the company’s stock.

More Five9 News

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.