Five9 (NASDAQ:FIVN) Given New $40.00 Price Target at Cantor Fitzgerald

Five9 (NASDAQ:FIVN) had its price target lifted by Cantor Fitzgerald from $34.00 to $40.00 in a research report released on Monday, Marketbeat Ratings reports. The brokerage currently has an overweight rating on the software maker’s stock.

Other research analysts have also recently issued reports about the company. Robert W. Baird upped their price objective on Five9 from $22.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. Wells Fargo & Company lifted their target price on Five9 from $24.00 to $32.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 25th. Truist Financial boosted their target price on Five9 from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, August 31st. FBN Securities initiated coverage on Five9 in a research report on Wednesday, September 16th. They set an “outperform” rating and a $40.00 price target for the company. Finally, Piper Sandler raised their price target 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. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Five9 presently has a consensus rating of “Moderate Buy” and an average price target of $34.00.

Five9 Trading Up 14.0%

Shares of NASDAQ:FIVN opened at $37.01 on Monday. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 53.64 and a beta of 1.48. Five9 has a 12 month low of $13.29 and a 12 month high of $37.13. The company’s fifty day simple moving average is $30.53 and its 200 day simple moving average is $23.26. The company has a quick ratio of 4.15, a current ratio of 4.15 and a debt-to-equity ratio of 0.94.

Five9 (NASDAQ:FIVN) last announced its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.76 EPS. 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, research analysts forecast that Five9 will post 1.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Tiffany Meriweather sold 13,409 shares of Five9 stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $33.31, for a total value of $446,653.79. Following the sale, the insider owned 258,363 shares of the company’s stock, valued at approximately $8,606,071.53. The trade was a 4.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, President Andy Dignan sold 17,767 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $35.03, for a total value of $622,378.01. Following the sale, the president owned 257,920 shares in the company, valued at $9,034,937.60. The trade was a 6.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 83,831 shares of company stock worth $2,821,366 over the last 90 days. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Five9

Several large investors have recently made changes to their positions in FIVN. EverSource Wealth Advisors LLC raised its position in Five9 by 378.7% during the first 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 in the last quarter. Rothschild Investment LLC lifted its stake in 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 acquiring an additional 1,786 shares during the last quarter. Nykredit A S bought a new position in shares of Five9 in the 2nd quarter valued at about $39,000. Global Retirement Partners LLC bought a new position in shares of Five9 in the 2nd quarter valued at about $45,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in shares of Five9 during the 2nd quarter worth about $49,000. Institutional investors and hedge funds own 96.64% of the company’s stock.

About Five9

Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.

The company’s offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.