Five9 (NASDAQ:FIVN) Hits New 1-Year High Following Analyst Upgrade

Five9, Inc. (NASDAQ:FIVN)’s share price reached a new 52-week high during trading on Tuesday after DA Davidson raised their price target on the stock from $22.00 to $28.00. DA Davidson currently has a neutral rating on the stock. Five9 traded as high as $34.58 and last traded at $34.48, with a volume of 3074562 shares. The stock had previously closed at $33.99.

Several other analysts also recently issued reports on the stock. Robert W. Baird increased their price objective on shares of Five9 from $22.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday. Jefferies Financial Group reissued a “hold” rating on shares of Five9 in a research report on Friday, May 1st. Royal Bank Of Canada upped their target price on shares of Five9 from $25.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday. UBS Group raised their price target on shares of Five9 from $25.00 to $36.00 and gave the company a “buy” rating in a report on Friday. Finally, Truist Financial lifted their price target on shares of Five9 from $23.00 to $35.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Five9 has a consensus rating of “Moderate Buy” and an average target price of $31.50.

Insider Activity

In other Five9 news, CRO Matthew E. Tuckness sold 8,645 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $214,482.45. Following the completion of the sale, the executive owned 281,492 shares in the company, valued at $6,983,816.52. This trade represents a 2.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan M. Lee sold 1,511 shares of Five9 stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $24.25, for a total value of $36,641.75. Following the sale, the chief financial officer owned 309,951 shares in the company, valued at $7,516,311.75. This represents a 0.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 77,323 shares of company stock worth $1,833,751 over the last quarter. Corporate insiders own 1.20% of the company’s stock.

More Five9 News

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Five9 reached a new one-year high after receiving an analyst upgrade, signaling improving sentiment toward the cloud contact-center software provider. Five9 Hits New 1-Year High After Analyst Upgrade
• Positive Sentiment: Evercore ISI initiated or reiterated a Buy rating on Five9, adding to the bullish analyst coverage around the stock. Evercore ISI Buy Rating
• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating, indicating continued confidence in Five9’s growth outlook. Rosenblatt Reaffirms Buy Rating
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. Because the data appears anomalous, it provides little useful insight into current short-selling pressure.
• Neutral Sentiment: Articles highlighting Five9 as a momentum stock reinforce its recent strength, but momentum-focused commentary does not materially change the company’s fundamentals. Momentum Stock Article
• Negative Sentiment: DA Davidson raised its price target from $22 to $28 but kept a Neutral rating; the new target remains below the recent share price, signaling limited upside under its valuation framework. DA Davidson Raises Five9 Price Target
• Negative Sentiment: Robert W. Baird lifted its target from $22 to $30 while retaining a Neutral rating, also implying downside from the stock’s recent level. Baird Raises Five9 Price Target
• Negative Sentiment: Other reports raised Five9’s price targets to $30 and $32, but these increases largely reflect the stock’s recent rally rather than clear additional upside. Five9 Price Target Raised to $32 Five9 Price Target Raised to $30

Institutional Trading of Five9

Several institutional investors have recently added to or reduced their stakes in the stock. Van Berkom & Associates Inc. grew its position in shares of Five9 by 28.0% in the 4th quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker’s stock worth $72,107,000 after acquiring an additional 787,626 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Five9 by 8.2% during the 4th quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock valued at $201,250,000 after acquiring an additional 759,237 shares in the last quarter. Anson Funds Management LP raised its position in shares of Five9 by 35.6% during the 1st quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock valued at $31,655,000 after acquiring an additional 547,304 shares in the last quarter. Deutsche Bank AG acquired a new stake in shares of Five9 during the 2nd quarter valued at approximately $10,432,000. Finally, Bank of New York Mellon Corp bought a new position in Five9 during the second quarter worth $10,429,000. 96.64% of the stock is owned by institutional investors and hedge funds.

Five9 Price Performance

The stock has a market capitalization of $2.50 billion, a P/E ratio of 47.29 and a beta of 1.42. The company has a 50 day moving average of $24.26 and a 200-day moving average of $20.13. The company has a quick ratio of 4.51, a current ratio of 4.51 and a debt-to-equity ratio of 0.89.

Five9 (NASDAQ:FIVN) last released its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02. The firm had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. Five9 had a net margin of 4.94% and a return on equity of 12.87%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 earnings per share. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Sell-side analysts predict that Five9, Inc. will post 1.39 EPS for the current year.

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.