Five9 (NASDAQ:FIVN) Price Target Raised to $40.00

Five9 (NASDAQ:FIVN) had its target price increased by Cantor Fitzgerald from $34.00 to $40.00 in a research note released on Monday morning, Marketbeat Ratings reports. They currently have an overweight rating on the software maker’s stock.

A number of other equities analysts also recently issued reports on FIVN. Royal Bank Of Canada raised their price target on Five9 from $25.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. DA Davidson raised their target price on Five9 from $22.00 to $28.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. Truist Financial upped their price target on shares of Five9 from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, August 31st. Piper Sandler increased their price objective on shares of Five9 from $24.00 to $30.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Barclays raised their price objective on shares of Five9 from $25.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.00.

Five9 Stock Down 2.5%

FIVN opened at $37.68 on Monday. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of 54.61 and a beta of 1.48. The firm has a 50 day moving average price of $31.05 and a 200-day moving average price of $23.55. Five9 has a twelve month low of $13.29 and a twelve month high of $40.00. 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 issued its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The company had revenue of $312.44 million for the quarter, compared to analysts’ expectations of $306.61 million. During the same quarter last year, the company posted $0.76 earnings per share. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Equities research analysts forecast that Five9 will post 1.55 earnings per share for the current year.

Insider Buying and Selling

In other Five9 news, President Andy Dignan sold 17,767 shares of Five9 stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $35.03, for a total transaction of $622,378.01. Following the transaction, the president owned 257,920 shares of the company’s stock, valued at $9,034,937.60. The trade was a 6.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tiffany N. Meriweather sold 13,409 shares of Five9 stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $33.31, for a total transaction of $446,653.79. Following the transaction, the insider directly owned 258,363 shares in the company, valued at $8,606,071.53. This represents a 4.93% 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. In the last quarter, insiders have sold 83,831 shares of company stock valued at $2,821,366. Insiders own 1.20% of the company’s stock.

Institutional Trading of Five9

Several institutional investors and hedge funds have recently modified their holdings of FIVN. SkyView Investment Advisors LLC purchased a new position in shares of Five9 during the 2nd quarter valued at $320,000. Integrated Wealth Concepts LLC purchased a new stake in Five9 in the 2nd quarter worth $67,000. NewEdge Advisors LLC raised its holdings in Five9 by 14.5% during the second quarter. NewEdge Advisors LLC now owns 2,894 shares of the software maker’s stock valued at $62,000 after acquiring an additional 366 shares during the period. Squarepoint Ops LLC raised its holdings in Five9 by 12.1% during the second quarter. Squarepoint Ops LLC now owns 374,506 shares of the software maker’s stock valued at $7,984,000 after acquiring an additional 40,519 shares during the period. Finally, Nykredit A S bought a new stake in Five9 during the second quarter valued at about $39,000. 96.64% of the stock is currently 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.