Five9 (NASDAQ:FIVN) Price Target Raised to $32.00

Five9 (NASDAQ:FIVN) had its price objective raised by Wells Fargo & Company from $24.00 to $32.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an equal weight rating on the software maker’s stock.

Several other research firms have also recently weighed in on FIVN. Rosenblatt Securities boosted 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. UBS Group upped their price objective on shares of Five9 from $25.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Royal Bank Of Canada increased their price objective on shares of Five9 from $25.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Cantor Fitzgerald lifted their target price on shares of Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings upgraded Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.79.

Five9 Trading Up 8.0%

NASDAQ FIVN opened at $34.57 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 business has a fifty day simple moving average of $26.88 and a 200 day simple moving average of $21.39. Five9 has a 12 month low of $13.29 and a 12 month high of $34.64. The firm has a market capitalization of $2.65 billion, a P/E ratio of 50.10 and a beta of 1.42.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The firm had revenue of $312.44 million for the quarter, compared to the consensus estimate of $306.61 million. During the same period in the previous 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, analysts predict that Five9 will post 1.55 EPS for the current fiscal year.

Insider Activity at Five9

In related news, EVP Panos Kozanian sold 5,869 shares of the business’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 $145,609.89. Following the transaction, the executive vice president directly owned 161,671 shares of the company’s stock, valued at approximately $4,011,057.51. The trade was a 3.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan M. Lee sold 1,511 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $24.25, for a total transaction of $36,641.75. Following the transaction, the chief financial officer owned 309,951 shares of the company’s stock, valued at approximately $7,516,311.75. The trade was a 0.49% 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. Over the last ninety days, insiders sold 56,003 shares of company stock worth $1,386,457. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quarry LP bought a new position in shares of Five9 during the 3rd quarter valued at approximately $33,000. Advisory Services Network LLC purchased a new stake in shares of Five9 during the 3rd quarter worth approximately $38,000. EverSource Wealth Advisors LLC raised its holdings 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 purchasing an additional 1,367 shares during the period. Rothschild Investment LLC raised its holdings in shares of Five9 by 3,572.0% in the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock worth $37,000 after purchasing an additional 1,786 shares during the period. Finally, Nykredit A S bought a new stake in shares of Five9 in the 2nd quarter worth approximately $39,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

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.