Five9 (NASDAQ:FIVN – Get Free Report) was downgraded by investment analysts at Evercore from an “outperform” rating to a “hold” rating in a research report issued on Friday, Marketbeat.com reports. They presently have a $24.00 target price on the software maker’s stock. Evercore‘s price target would indicate a potential downside of 14.65% from the company’s previous close.
Several other analysts have also recently commented on the stock. Zacks Research cut shares of Five9 from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. DA Davidson set a $33.00 target price on shares of Five9 in a report on Monday, September 28th. 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. Canaccord Genuity Group lifted 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. Finally, Barclays boosted their price target on shares of Five9 from $34.00 to $40.00 and gave the company an “overweight” rating in a report on Tuesday, October 13th. Twelve equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.94.
Read Our Latest Stock Analysis on FIVN
Five9 Stock Down 17.6%
Five9 (NASDAQ:FIVN – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The software maker reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.02. The firm had revenue of $323.30 million during the quarter, compared to analysts’ expectations of $319.04 million. Five9 had a return on equity of 13.00% and a net margin of 4.51%. The business’s revenue was up 13.1% on a year-over-year basis. During the same period last year, the firm posted $0.78 EPS. Equities analysts predict that Five9 will post 1.55 EPS for the current fiscal year.
Insider Transactions at Five9
In related news, CAO Leena Mansharamani sold 2,706 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $33.35, for a total value of $90,245.10. Following the transaction, the chief accounting officer directly owned 53,670 shares in the company, valued at approximately $1,789,894.50. This represents a 4.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 17,767 shares of the stock in a transaction that occurred 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 transaction, the president owned 257,920 shares in the company, valued at approximately $9,034,937.60. The trade was 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. In the last 90 days, insiders sold 83,831 shares of company stock valued at $2,821,366. Corporate insiders own 1.20% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of FIVN. Root Financial Partners LLC acquired a new position in Five9 during the 3rd quarter worth approximately $39,000. GAMMA Investing LLC lifted its stake in Five9 by 42.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,477 shares of the software maker’s stock valued at $50,000 after purchasing an additional 442 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake 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 purchasing an additional 1,367 shares during the last quarter. Richardson Financial Services Inc. lifted its stake in Five9 by 30.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 1,746 shares of the software maker’s stock valued at $59,000 after purchasing an additional 407 shares during the last quarter. Finally, Nykredit A S acquired a new stake in Five9 in the second quarter valued at approximately $39,000. Institutional investors own 96.64% of the company’s stock.
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
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.
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