DA Davidson Comments on Five9’s Q1 Earnings (NASDAQ:FIVN)

Five9, Inc. (NASDAQ:FIVN) – Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Five9 in a report released on Friday, February 21st. DA Davidson analyst G. Luria anticipates that the software maker will post earnings of ($0.09) per share for the quarter. DA Davidson currently has a “Neutral” rating and a $45.00 target price on the stock. The consensus estimate for Five9’s current full-year earnings is $0.28 per share. DA Davidson also issued estimates for Five9’s FY2025 earnings at $0.32 EPS.

Five9 (NASDAQ:FIVN) last issued its earnings results on Thursday, February 20th. The software maker reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.44). The company had revenue of $278.66 million for the quarter, compared to analyst estimates of $267.70 million. Five9 had a positive return on equity of 3.62% and a negative net margin of 1.23%.

A number of other research analysts have also recently commented on the company. William Blair reiterated an “outperform” rating on shares of Five9 in a report on Friday, February 21st. Morgan Stanley upped their price objective on Five9 from $40.00 to $46.00 and gave the company an “equal weight” rating in a report on Wednesday, December 18th. Barclays upped their price objective on Five9 from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Cantor Fitzgerald upped their price objective on Five9 from $46.00 to $57.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, Piper Sandler upped their price objective on Five9 from $46.00 to $53.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Six investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, Five9 currently has a consensus rating of “Moderate Buy” and an average price target of $57.65.

Five9 Trading Down 7.3 %

Shares of Five9 stock opened at $38.73 on Monday. The stock has a market cap of $2.91 billion, a P/E ratio of -193.64, a P/E/G ratio of 9.41 and a beta of 0.93. The stock’s 50 day simple moving average is $40.55 and its 200-day simple moving average is $35.84. Five9 has a 1-year low of $26.60 and a 1-year high of $64.60. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.85 and a quick ratio of 1.85.

Insider Transactions at Five9

In other news, EVP Panos Kozanian sold 7,619 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $42.09, for a total transaction of $320,683.71. Following the sale, the executive vice president now owns 69,009 shares of the company’s stock, valued at approximately $2,904,588.81. This represents a 9.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Burkland sold 12,594 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $41.40, for a total value of $521,391.60. Following the sale, the chief executive officer now directly owns 240,894 shares in the company, valued at $9,973,011.60. This represents a 4.97 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,004 shares of company stock valued at $1,209,279. 1.80% of the stock is currently owned by company insiders.

Institutional Trading of Five9

A number of large investors have recently modified their holdings of FIVN. Norges Bank purchased a new position in Five9 in the fourth quarter valued at $81,280,000. Ameriprise Financial Inc. increased its holdings in Five9 by 353.3% in the fourth quarter. Ameriprise Financial Inc. now owns 2,395,566 shares of the software maker’s stock valued at $97,356,000 after buying an additional 1,867,137 shares during the last quarter. Sylebra Capital LLC increased its holdings in Five9 by 59.4% in the fourth quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker’s stock valued at $152,228,000 after buying an additional 1,396,496 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in Five9 in the fourth quarter valued at $51,061,000. Finally, Wellington Management Group LLP increased its holdings in Five9 by 50.9% in the fourth quarter. Wellington Management Group LLP now owns 1,783,870 shares of the software maker’s stock valued at $72,496,000 after buying an additional 601,348 shares during the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Five9 Company Profile

Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.