Five9 (NASDAQ:FIVN – Get Free Report) had its price objective increased by equities researchers at Canaccord Genuity Group from $33.00 to $39.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the software maker’s stock. Canaccord Genuity Group’s price target indicates a potential upside of 19.08% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Piper Sandler boosted their price target on shares of Five9 from $24.00 to $30.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Weiss Ratings raised Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Robert W. Baird upped their target price on Five9 from $22.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. UBS Group raised their price target on Five9 from $25.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Cantor Fitzgerald boosted their price objective on Five9 from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Five9 currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.93.
Get Our Latest Stock Report on FIVN
Five9 Price Performance
Five9 (NASDAQ:FIVN – Get Free Report) last announced its quarterly 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 firm had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company posted $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, sell-side analysts anticipate that Five9 will post 1.55 EPS for the current fiscal year.
Insider Activity
In other Five9 news, President Andy Dignan sold 3,073 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $24.25, for a total transaction of $74,520.25. Following the transaction, the president owned 275,687 shares in the company, valued at approximately $6,685,409.75. The trade was a 1.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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, EVP Panos Kozanian sold 5,869 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $145,609.89. Following the completion of the transaction, the executive vice president owned 161,671 shares of the company’s stock, valued at $4,011,057.51. The trade was a 3.50% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 56,003 shares of company stock valued at $1,386,457. 1.20% of the stock is currently owned by company insiders.
Institutional Trading of Five9
A number of institutional investors have recently bought and sold shares of FIVN. EverSource Wealth Advisors LLC boosted its position in shares of Five9 by 378.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after buying an additional 1,367 shares in the last quarter. Quarry LP purchased a new position in shares of Five9 during the 3rd quarter worth approximately $33,000. Optiver Holding B.V. raised its position in shares of Five9 by 575.9% during the 1st quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock worth $35,000 after purchasing an additional 1,981 shares during the last quarter. Rothschild Investment LLC lifted its stake in Five9 by 3,572.0% in the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock valued at $37,000 after buying an additional 1,786 shares in the last quarter. Finally, NewEdge Advisors LLC acquired a new stake in Five9 during the 1st quarter valued at $38,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.
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.
Read More
- Five stocks we like better than Five9
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
- If Boeing Ramps Up Production, These Suppliers May Win Big
Receive News & Ratings for Five9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 and related companies with MarketBeat.com's FREE daily email newsletter.
