Five9 (NASDAQ:FIVN) Upgraded by Zacks Research to Strong-Buy Rating

Five9 (NASDAQ:FIVNGet Free Report) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other analysts have also recently commented on FIVN. Mizuho reduced their target price on shares of Five9 from $35.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, February 20th. Canaccord Genuity Group dropped their price target on shares of Five9 from $40.00 to $33.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Wells Fargo & Company cut their price target on shares of Five9 from $22.00 to $20.00 and set an “equal weight” rating for the company in a report on Friday, February 20th. Needham & Company LLC restated a “buy” rating and issued a $40.00 price objective on shares of Five9 in a research report on Friday, May 1st. Finally, Rosenblatt Securities lifted their price objective on Five9 from $26.00 to $29.00 and gave the company a “buy” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Five9 has an average rating of “Moderate Buy” and an average target price of $26.53.

Read Our Latest Stock Report on Five9

Five9 Price Performance

Five9 stock opened at $24.26 on Monday. Five9 has a 12 month low of $13.29 and a 12 month high of $30.38. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.51 and a quick ratio of 4.51. The business has a 50 day simple moving average of $16.25 and a 200-day simple moving average of $18.55. The stock has a market capitalization of $1.86 billion, a PE ratio of 36.76, a price-to-earnings-growth ratio of 1.09 and a beta of 1.32.

Five9 (NASDAQ:FIVNGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The software maker reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.07. Five9 had a return on equity of 12.66% and a net margin of 4.87%.The firm had revenue of $305.32 million during the quarter, compared to the consensus estimate of $299.92 million. During the same period last year, the company earned $0.62 earnings per share. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. Equities analysts predict that Five9 will post 1.32 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Nisa Investment Advisors LLC boosted its position in shares of Five9 by 36.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,630 shares of the software maker’s stock worth $39,000 after buying an additional 435 shares in the last quarter. California State Teachers Retirement System grew its stake in Five9 by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock valued at $1,832,000 after acquiring an additional 549 shares during the last quarter. Global Retirement Partners LLC increased its holdings in Five9 by 81.7% during the 3rd quarter. Global Retirement Partners LLC now owns 1,228 shares of the software maker’s stock valued at $30,000 after acquiring an additional 552 shares in the last quarter. Citizens Financial Group Inc. RI increased its holdings in Five9 by 7.3% during the 4th quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker’s stock valued at $228,000 after acquiring an additional 776 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in Five9 by 9.4% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 9,300 shares of the software maker’s stock worth $225,000 after acquiring an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Five9 News Roundup

Here are the key news stories impacting Five9 this week:

Five9 Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Five9 (NASDAQ:FIVN)

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