Five9 (NASDAQ:FIVN) Price Target Raised to $28.00

Five9 (NASDAQ:FIVN) had its target price boosted by DA Davidson from $22.00 to $28.00 in a research report released on Monday,Benzinga reports. DA Davidson currently has a neutral rating on the software maker’s stock.

Several other research analysts have also weighed in on FIVN. Wall Street Zen lowered Five9 from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Needham & Company LLC restated a “buy” rating and issued a $40.00 target price on shares of Five9 in a research report on Friday, May 1st. Barclays lifted their target price on Five9 from $25.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday. Jefferies Financial Group reaffirmed a “hold” rating on shares of Five9 in a research note on Friday, May 1st. Finally, Truist Financial increased their price target on Five9 from $23.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Five9 has an average rating of “Moderate Buy” and an average price target of $31.50.

Five9 Stock Performance

NASDAQ:FIVN opened at $31.20 on Monday. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.51 and a quick ratio of 4.51. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 45.22 and a beta of 1.42. The company’s 50-day moving average is $24.40 and its two-hundred day moving average is $20.22. Five9 has a 1-year low of $13.29 and a 1-year high of $34.58.

Five9 (NASDAQ:FIVN) last posted its quarterly 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 business had revenue of $312.44 million during the quarter, compared to analysts’ expectations of $306.61 million. Five9 had a net margin of 4.94% and a return on equity of 12.87%. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 EPS. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Analysts forecast that Five9 will post 1.39 EPS for the current year.

Insider Activity

In related news, insider Tiffany N. Meriweather sold 9,526 shares of Five9 stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $236,340.06. Following the completion of the sale, the insider owned 271,772 shares in the company, valued at approximately $6,742,663.32. This trade represents a 3.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Panos Kozanian sold 5,869 shares of Five9 stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $145,609.89. Following the completion of the sale, the executive vice president owned 161,671 shares of the company’s stock, valued at $4,011,057.51. This trade represents a 3.50% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 56,003 shares of company stock worth $1,386,457 in the last three months. 1.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Five9

A number of institutional investors have recently modified their holdings of FIVN. California State Teachers Retirement System boosted its holdings in 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 during the period. Citizens Financial Group Inc. RI grew its stake in Five9 by 7.3% during the 4th quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker’s stock worth $228,000 after purchasing an additional 776 shares in the last quarter. Franklin Resources Inc. increased its holdings in Five9 by 1.5% during the 4th quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker’s stock worth $1,129,000 after purchasing an additional 807 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Five9 by 378.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after purchasing an additional 1,367 shares during the period. Finally, Quarry LP acquired a new stake in Five9 in the 3rd quarter valued at about $33,000. 96.64% of the stock is owned by institutional investors and hedge funds.

Five9 News Roundup

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Analysts continue to view Five9 favorably, with the company receiving a consensus “Moderate Buy” rating. Five9 Receives Consensus Recommendation of Moderate Buy
• Positive Sentiment: Robert W. Baird projected substantial upside for Five9, supporting the bullish case for the cloud-contact-center software provider. Robert W. Baird Forecasts Strong Price Appreciation for Five9
• Positive Sentiment: Five9 recently reached a new one-year high following an analyst upgrade, indicating improved investor momentum and confidence in the stock. Five9 Hits New One-Year High After Analyst Upgrade
• Neutral Sentiment: Additional analyst commentary on Five9 and Monday.com provides further coverage but does not indicate a major change to Five9’s fundamentals. Analysts Offer Insights on Technology Companies
• Negative Sentiment: Shares fell after a sharp advance over the past month, suggesting profit-taking and short-term momentum fatigue. GuruFocus still assigned Five9 a relatively strong GF Score of 78, limiting the negative implication. Five9 Shares Fall 5.3 Percent
• Negative Sentiment: DA Davidson raised its price target to $28, but that target is below the stock’s recent trading level, potentially limiting near-term upside and weighing on sentiment. DA Davidson Boosts Five9 Price Target

Five9 Company Profile

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.