Five9 (NASDAQ:FIVN) Stock Price Target Cut by Truist Financial

Five9 (NASDAQ:FIVN) had its target price dropped by analysts at Truist Financial from $40.00 to $35.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the software maker’s stock. Truist Financial‘s target price would suggest a potential upside of 23.93% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Evercore downgraded shares of Five9 from an “outperform” rating to an “in-line” rating and set a $24.00 target price for the company. in a research report on Friday. Cantor Fitzgerald upped their price objective on shares of Five9 from $34.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday, September 21st. KeyCorp increased their price objective on shares of Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Friday. Barclays lowered their target price on shares of Five9 from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Friday. Finally, Royal Bank Of Canada boosted their target price on shares of Five9 from $25.00 to $35.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Twelve research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.94.

Five9 Trading Down 17.3%

NASDAQ:FIVN traded down $5.90 during mid-day trading on Friday, hitting $28.24. 3,881,260 shares of the company’s stock were exchanged, compared to its average volume of 2,634,193. Five9 has a fifty-two week low of $13.29 and a fifty-two week high of $40.00. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $2.16 billion, a P/E ratio of 41.29 and a beta of 1.56. The company has a 50 day simple moving average of $34.67 and a 200-day simple moving average of $24.43.

Five9 (NASDAQ:FIVN) last released its quarterly earnings results on Thursday, November 5th. The software maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The firm had revenue of $323.30 million during the quarter, compared to the consensus estimate of $319.04 million. During the same quarter last year, the firm earned $0.78 earnings per share. The company’s revenue for the quarter was up 13.1% on a year-over-year basis. As a group, research analysts expect that Five9 will post 1.55 earnings per share for the current year.

Insider Transactions at Five9

In other news, insider Tiffany Meriweather sold 13,409 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $33.31, for a total transaction of $446,653.79. Following the completion of the sale, the insider owned 258,363 shares in the company, valued at $8,606,071.53. The trade was a 4.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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, CAO Leena Mansharamani sold 2,706 shares of Five9 stock in a transaction on Friday, September 4th. The shares were sold at an average price of $33.35, for a total transaction of $90,245.10. Following the completion of the sale, the chief accounting officer directly owned 53,670 shares of the company’s stock, valued at approximately $1,789,894.50. The trade was a 4.80% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 83,831 shares of company stock worth $2,821,366 in the last three months. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Anson Funds Management LP grew its holdings in Five9 by 35.6% during the first quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock worth $31,655,000 after buying an additional 547,304 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Five9 by 18.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,054,769 shares of the software maker’s stock worth $15,998,000 after acquiring an additional 165,623 shares during the last quarter. Glenmede Trust Co. NA boosted its holdings in Five9 by 35.7% during the 1st quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker’s stock worth $8,763,000 after acquiring an additional 151,974 shares during the last quarter. S Squared Technology LLC purchased a new stake in shares of Five9 in the second quarter valued at about $10,983,957. Finally, Deutsche Bank AG purchased a new stake in shares of Five9 in the second quarter valued at about $10,432,000. Institutional investors own 96.64% of the company’s stock.

Five9 News Summary

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Five9 beat Q3 estimates: adjusted EPS was $0.82 versus $0.80 expected, while revenue of $323.3 million exceeded the $319.0 million consensus and grew 13% year over year. The company’s FY 2026 EPS guidance of $3.17–$3.21 is also above the $2.92 consensus. Five9 Q3 2026 results
• Positive Sentiment: KeyCorp raised its price target from $32 to $34 and maintained an overweight rating, signaling continued confidence in the shares. KeyCorp rating
• Neutral Sentiment: Five9 plans to acquire Level AI for $325 million in cash to expand AI-powered customer-experience tools. The deal could strengthen its product offering, though the cash outlay and integration are execution considerations. Five9 to acquire Level AI
• Negative Sentiment: Q4 guidance was close to consensus rather than a clear upside surprise: EPS guidance of $0.88–$0.92 brackets the $0.90 estimate, and revenue guidance of $328–$334 million is near the $330.9 million forecast. GAAP gross margin also declined to 53.4% from 55.0% a year earlier.
• Negative Sentiment: Evercore downgraded FIVN from outperform to in-line with a $24 target. Wells Fargo cut its target from $36 to $28 and kept an equal-weight rating; Barclays also lowered its target, from $40 to $38, while retaining overweight. Wells Fargo rating

About Five9

Five9, Inc is a cloud-based software company that provides customer experience and contact center solutions. Its platform enables organizations to manage customer interactions across voice, chat, email, social media and other digital channels without relying on traditional on-premises contact center infrastructure.

The company’s Intelligent CX Platform includes tools for inbound and outbound communications, digital engagement, workforce optimization, workflow automation, analytics and reporting.