Five9 (NASDAQ:FIVN) Trading 5.8% Higher – Here’s What Happened

Shares of Five9, Inc. (NASDAQ:FIVN) were up 5.8% during trading on Friday . The stock traded as high as $21.84 and last traded at $21.9590. Approximately 1,228,297 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 2,751,409 shares. The stock had previously closed at $20.75.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on FIVN. Wall Street Zen upgraded shares of Five9 from a “buy” rating to a “strong-buy” rating in a report on Monday, February 23rd. Canaccord Genuity Group dropped their target price on shares of Five9 from $40.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Wells Fargo & Company dropped their target price on shares of Five9 from $22.00 to $20.00 and set an “equal weight” rating on the stock in a report on Friday, February 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Five9 in a research report on Friday, May 1st. Finally, Zacks Research raised shares of Five9 from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Five9 presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.53.

Five9 Price Performance

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 company has a market capitalization of $1.68 billion, a PE ratio of 33.49, a price-to-earnings-growth ratio of 0.93 and a beta of 1.32. The company’s 50 day simple moving average is $16.77 and its 200 day simple moving average is $18.49.

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

Hedge Funds Weigh In On Five9

A number of institutional investors and hedge funds have recently bought and sold shares of FIVN. Voss Capital LP grew its holdings in shares of Five9 by 40.0% during the third quarter. Voss Capital LP now owns 4,550,000 shares of the software maker’s stock worth $110,110,000 after buying an additional 1,300,000 shares in the last quarter. Van Berkom & Associates Inc. increased its holdings in Five9 by 28.0% during the 4th quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker’s stock valued at $72,107,000 after acquiring an additional 787,626 shares in the last quarter. Anson Funds Management LP boosted its stake in shares of Five9 by 98.5% in the third quarter. Anson Funds Management LP now owns 1,534,272 shares of the software maker’s stock valued at $37,129,000 after purchasing an additional 761,486 shares during the period. Vanguard Group Inc. boosted its stake in 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 during the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in Five9 by 1,255.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 422,772 shares of the software maker’s stock valued at $10,231,000 after buying an additional 391,590 shares during the period. Hedge funds and other institutional investors own 96.64% of the company’s stock.

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.