Five9 (NASDAQ:FIVN) Upgraded by Zacks Research to Strong-Buy Rating

Five9 (NASDAQ:FIVN) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.

Several other analysts also recently commented on FIVN. Barclays raised their price objective on shares of Five9 from $22.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price on shares of Five9 in a report on Friday, May 1st. Rosenblatt Securities reissued a “buy” rating and set a $29.00 price target on shares of Five9 in a report on Wednesday, June 24th. DA Davidson boosted their price objective on Five9 from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Cantor Fitzgerald increased their target price on Five9 from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Five9 currently has a consensus rating of “Moderate Buy” and an average price target of $25.93.

Five9 Price Performance

NASDAQ FIVN opened at $23.44 on Wednesday. Five9 has a 52 week low of $13.29 and a 52 week high of $29.71. The firm has a market capitalization of $1.79 billion, a P/E ratio of 35.52, a PEG ratio of 1.03 and a beta of 1.46. The company has a quick ratio of 4.51, a current ratio of 4.51 and a debt-to-equity ratio of 0.89. The company has a 50-day moving average price of $21.13 and a 200-day moving average price of $18.74.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings data on Thursday, April 30th. The software maker reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. Five9 had a net margin of 4.87% and a return on equity of 12.66%. The company had revenue of $305.32 million for the quarter, compared to the consensus estimate of $299.92 million. During the same quarter last year, the firm posted $0.62 earnings per share. The firm’s revenue was up 9.2% compared to the same quarter last year. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. Equities research analysts anticipate that Five9 will post 1.39 earnings per share for the current year.

Insider Activity

In other news, CFO Bryan M. Lee sold 16,620 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $412,342.20. Following the completion of the sale, the chief financial officer owned 311,462 shares of the company’s stock, valued at $7,727,372.22. This trade represents a 5.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 8,203 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.76, for a total value of $203,106.28. Following the completion of the transaction, the president owned 278,760 shares of the company’s stock, valued at $6,902,097.60. This trade represents a 2.86% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 85,820 shares of company stock worth $2,014,057 over the last 90 days. 1.20% of the stock is currently owned by insiders.

Institutional Trading of Five9

Institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its holdings in shares of Five9 by 0.8% in the second quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock valued at $1,832,000 after purchasing an additional 549 shares in the last quarter. Citizens Financial Group Inc. RI grew its holdings in shares of Five9 by 7.3% during the fourth quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker’s stock worth $228,000 after buying an additional 776 shares in the last quarter. Franklin Resources Inc. raised its position in Five9 by 1.5% in the 4th quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker’s stock valued at $1,129,000 after buying an additional 807 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 acquiring an additional 1,367 shares in the last quarter. Finally, Quarry LP acquired a new position in Five9 during the 3rd quarter worth approximately $33,000. 96.64% of the stock is owned by institutional investors and hedge funds.

About Five9

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.