Wells Fargo & Company Boosts Five9 (NASDAQ:FIVN) Price Target to $32.00

Five9 (NASDAQ:FIVN) had its price objective raised by stock analysts at Wells Fargo & Company from $24.00 to $32.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the software maker’s stock. Wells Fargo & Company‘s price objective would indicate a potential downside of 2.35% from the stock’s current price.

FIVN has been the topic of a number of other reports. Truist Financial raised their price target on shares of Five9 from $23.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Barclays increased their price objective on shares of Five9 from $25.00 to $34.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Piper Sandler raised their target price on shares of Five9 from $24.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Rosenblatt Securities lifted their target price on Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Zacks Research downgraded Five9 from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $32.79.

Five9 Price Performance

Shares of NASDAQ FIVN opened at $32.77 on Tuesday. 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 company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 47.49 and a beta of 1.41. Five9 has a twelve month low of $13.29 and a twelve month high of $34.58. The business has a 50 day simple moving average of $26.10 and a 200-day simple moving average of $21.05.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings data 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 return on equity of 12.92% and a net margin of 4.94%.The firm had revenue of $312.44 million for the quarter, compared to analysts’ expectations of $306.61 million. During the same period last year, the business posted $0.76 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts expect that Five9 will post 1.55 earnings per share for the current year.

Insider Buying and Selling

In other news, CAO Leena Mansharamani sold 2,556 shares of Five9 stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $63,414.36. Following the sale, the chief accounting officer owned 57,698 shares of the company’s stock, valued at approximately $1,431,487.38. The trade was a 4.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 business’s stock in a transaction that occurred 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 transaction, the executive vice president owned 161,671 shares of the company’s stock, valued at approximately $4,011,057.51. This represents a 3.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 56,003 shares of company stock valued at $1,386,457 in the last ninety days. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Five9

Several large investors have recently bought and sold shares of FIVN. EverSource Wealth Advisors LLC lifted its stake 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 acquiring an additional 1,367 shares during the period. Quarry LP acquired a new position in shares of Five9 during the 3rd quarter valued at $33,000. Optiver Holding B.V. raised its stake in shares of Five9 by 575.9% in the 1st quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock worth $35,000 after buying an additional 1,981 shares in the last quarter. Rothschild Investment LLC lifted its holdings in shares of Five9 by 3,572.0% in the fourth 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 during the period. Finally, NewEdge Advisors LLC acquired a new position in Five9 during the first quarter worth about $38,000. Institutional investors and hedge funds own 96.64% of the company’s stock.

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.