Five9 (NASDAQ:FIVN) Sets New 1-Year High on Analyst Upgrade

Five9, Inc. (NASDAQ:FIVN) reached a new 52-week high during mid-day trading on Tuesday after DA Davidson raised their price target on the stock from $22.00 to $28.00. DA Davidson currently has a neutral rating on the stock. Five9 traded as high as $34.58 and last traded at $34.48, with a volume of 3074562 shares trading hands. The stock had previously closed at $33.99.

FIVN has been the topic of several other reports. Weiss Ratings raised shares of Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Jefferies Financial Group reissued a “hold” rating on shares of Five9 in a research report on Friday, May 1st. Robert W. Baird raised their price target on shares of Five9 from $22.00 to $30.00 and gave the stock a “neutral” rating in a report on Monday. Rosenblatt Securities raised their price target on shares of Five9 from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, Piper Sandler boosted their price objective 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. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, Five9 presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.50.

Insider Activity

In other news, CRO Matthew E. Tuckness sold 8,645 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $214,482.45. Following the sale, the executive directly owned 281,492 shares of the company’s stock, valued at $6,983,816.52. This represents a 2.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan M. Lee sold 16,620 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $412,342.20. Following the transaction, the chief financial officer directly owned 311,462 shares of the company’s stock, valued at approximately $7,727,372.22. This trade represents a 5.07% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 three months, insiders have sold 56,003 shares of company stock worth $1,386,457. Company insiders own 1.20% of the company’s stock.

Key Headlines Impacting Five9

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Analysts continue to view Five9 favorably, with the company receiving a consensus “Moderate Buy” rating. Five9 Receives Consensus Recommendation of Moderate Buy
• Positive Sentiment: Robert W. Baird projected substantial upside for Five9, supporting the bullish case for the cloud-contact-center software provider. Robert W. Baird Forecasts Strong Price Appreciation for Five9
• Positive Sentiment: Five9 recently reached a new one-year high following an analyst upgrade, indicating improved investor momentum and confidence in the stock. Five9 Hits New One-Year High After Analyst Upgrade
• Neutral Sentiment: Additional analyst commentary on Five9 and Monday.com provides further coverage but does not indicate a major change to Five9’s fundamentals. Analysts Offer Insights on Technology Companies
• Negative Sentiment: Shares fell after a sharp advance over the past month, suggesting profit-taking and short-term momentum fatigue. GuruFocus still assigned Five9 a relatively strong GF Score of 78, limiting the negative implication. Five9 Shares Fall 5.3 Percent
• Negative Sentiment: DA Davidson raised its price target to $28, but that target is below the stock’s recent trading level, potentially limiting near-term upside and weighing on sentiment. DA Davidson Boosts Five9 Price Target

Hedge Funds Weigh In On Five9

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FIVN. Amundi grew its position in Five9 by 8.3% in the 1st quarter. Amundi now owns 40,291 shares of the software maker’s stock worth $1,017,000 after purchasing an additional 3,079 shares during the period. Guggenheim Capital LLC lifted its holdings in shares of Five9 by 95.7% during the 2nd quarter. Guggenheim Capital LLC now owns 27,826 shares of the software maker’s stock valued at $737,000 after buying an additional 13,606 shares during the period. California Public Employees Retirement System lifted its holdings in shares of Five9 by 39.4% during the 2nd quarter. California Public Employees Retirement System now owns 121,700 shares of the software maker’s stock valued at $3,223,000 after buying an additional 34,375 shares during the period. Qube Research & Technologies Ltd boosted its stake in shares of Five9 by 52.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 31,182 shares of the software maker’s stock worth $826,000 after buying an additional 10,755 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Five9 by 147.2% in the second quarter. The Manufacturers Life Insurance Company now owns 40,137 shares of the software maker’s stock worth $1,063,000 after acquiring an additional 23,901 shares during the period. 96.64% of the stock is owned by institutional investors.

Five9 Stock Down 4.4%

The company has a market cap of $2.39 billion, a P/E ratio of 45.22 and a beta of 1.42. The company has a quick ratio of 4.51, a current ratio of 4.51 and a debt-to-equity ratio of 0.89. The company has a fifty day moving average of $24.40 and a 200 day moving average of $20.22.

Five9 (NASDAQ:FIVN) last released its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.87%. The firm had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. During the same quarter in the prior year, the firm earned $0.76 EPS. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. On average, research analysts anticipate that Five9, Inc. will post 1.39 earnings per share for the current fiscal year.

Five9 Company Profile

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.