Five9 (NASDAQ:FIVN) Reaches New 52-Week High – Should You Buy?

Five9, Inc. (NASDAQ:FIVN)’s share price reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $39.55 and last traded at $38.65, with a volume of 5150671 shares trading hands. The stock had previously closed at $37.01.

Analysts Set New Price Targets

FIVN has been the topic of a number of research analyst reports. Barclays raised their price objective on shares of Five9 from $25.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Canaccord Genuity Group increased their price target on Five9 from $33.00 to $39.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Rosenblatt Securities lifted their price target on Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Truist Financial boosted their price objective on Five9 from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Finally, Zacks Research upgraded Five9 from a “hold” rating to a “strong-buy” rating in a report on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Five9 currently has an average rating of “Moderate Buy” and an average target price of $34.00.

Five9 Stock Down 2.7%

The business has a 50-day moving average price of $31.28 and a 200-day moving average price of $23.68. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 53.13 and a beta of 1.48. The company has a quick ratio of 4.15, a current ratio of 4.15 and a debt-to-equity ratio of 0.94.

Five9 (NASDAQ:FIVN) last released its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The company’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 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. As a group, equities analysts anticipate that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Five9

In other Five9 news, CAO Leena Mansharamani sold 2,706 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $33.35, for a total value of $90,245.10. Following the completion of the sale, the chief accounting officer owned 53,670 shares of the company’s stock, valued at $1,789,894.50. The trade was a 4.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 17,767 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $35.03, for a total value of $622,378.01. Following the sale, the president owned 257,920 shares of the company’s stock, valued at approximately $9,034,937.60. This trade represents a 6.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety 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 Trading of Five9

A number of hedge funds have recently bought and sold shares of FIVN. Glenmede Trust Co. NA increased its stake in Five9 by 35.7% in the first quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker’s stock valued at $8,763,000 after acquiring an additional 151,974 shares during the period. OneDigital Investment Advisors LLC bought a new position in Five9 during the second quarter worth about $1,034,000. Nierenberg Investment Management Company LLC bought a new position in Five9 during the second quarter worth about $2,895,469. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Five9 during the first quarter valued at approximately $782,000. Finally, Militia Capital Management LLC acquired a new stake in Five9 during the first quarter valued at approximately $2,123,000. 96.64% of the stock is owned by institutional investors.

About Five9

Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.

The company’s offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.