Five9 (NASDAQ:FIVN) Price Target Raised to $39.00 at Canaccord Genuity Group

Five9 (NASDAQ:FIVN) had its price objective raised by stock analysts at Canaccord Genuity Group from $33.00 to $39.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the software maker’s stock. Canaccord Genuity Group’s target price suggests a potential upside of 19.08% from the company’s current price.

A number of other research analysts have also recently commented on the stock. Royal Bank Of Canada increased their price target on shares of Five9 from $25.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Jefferies Financial Group reiterated a “hold” rating on shares of Five9 in a report on Friday, May 1st. Truist Financial raised their price target on Five9 from $23.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Barclays boosted their price objective on Five9 from $25.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Finally, Piper Sandler lifted their target price 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. Ten analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $31.93.

Five9 Stock Performance

Shares of NASDAQ:FIVN remained flat at $32.75 during mid-day trading on Monday. 788,111 shares of the company were exchanged, compared to its average volume of 2,853,091. 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 stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 47.46 and a beta of 1.41. The company has a 50 day simple moving average of $25.85 and a 200-day simple moving average of $20.93. Five9 has a 52 week low of $13.29 and a 52 week high of $34.58.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, beating 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 business had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. During the same period in the prior year, the company earned $0.76 earnings per share. Five9’s revenue 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 will post 1.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other Five9 news, CFO Bryan M. Lee sold 16,620 shares of the firm’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 $412,342.20. Following the completion of the sale, the chief financial officer directly owned 311,462 shares in the company, valued at $7,727,372.22. This trade represents a 5.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 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, insider Tiffany N. Meriweather sold 9,526 shares of the company’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 $236,340.06. Following the transaction, the insider owned 271,772 shares in the company, valued at $6,742,663.32. This trade represents a 3.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 56,003 shares of company stock worth $1,386,457. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Five9

Hedge funds have recently modified their holdings of the business. California State Teachers Retirement System increased its position in shares of Five9 by 0.8% during the second quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock worth $1,832,000 after acquiring an additional 549 shares during the period. Citizens Financial Group Inc. RI grew its stake 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 worth $228,000 after purchasing an additional 776 shares in the last quarter. Franklin Resources Inc. increased its holdings in Five9 by 1.5% during the 4th quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker’s stock worth $1,129,000 after purchasing an additional 807 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Five9 by 378.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after purchasing an additional 1,367 shares during the period. Finally, Quarry LP acquired a new stake in Five9 in the 3rd quarter valued at about $33,000. Institutional investors own 96.64% of the company’s stock.

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.