Robert W. Baird Cuts Five9 (NASDAQ:FIVN) Price Target to $19.00

Five9 (NASDAQ:FIVN) had its price target decreased by Robert W. Baird from $24.00 to $19.00 in a research report sent to investors on Monday,Benzinga reports. Robert W. Baird currently has a neutral rating on the software maker’s stock.

FIVN has been the topic of a number of other reports. Piper Sandler downgraded shares of Five9 from an “overweight” rating to a “neutral” rating and cut their target price for the company from $26.00 to $21.00 in a research report on Monday, January 5th. UBS Group dropped their target price on shares of Five9 from $30.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of Five9 in a research note on Thursday, December 18th. Morgan Stanley cut their target price on Five9 from $30.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Finally, Mizuho reduced their target price on Five9 from $35.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $27.12.

Five9 Price Performance

Shares of FIVN stock opened at $17.85 on Monday. Five9 has a 1 year low of $15.70 and a 1 year high of $40.00. The company has a current ratio of 4.51, a quick ratio of 4.61 and a debt-to-equity ratio of 0.94. The firm’s 50 day moving average is $18.46 and its 200-day moving average is $21.56. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 38.81, a PEG ratio of 0.87 and a beta of 1.32.

Five9 (NASDAQ:FIVN) last released its earnings results on Thursday, February 19th. The software maker reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. Five9 had a return on equity of 10.95% and a net margin of 3.43%.The company had revenue of $300.28 million during the quarter, compared to analysts’ expectations of $298.21 million. During the same period last year, the firm earned $0.79 EPS. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Five9 has set its Q1 2026 guidance at 0.100-0.170 EPS and its FY 2026 guidance at 0.860-0.950 EPS. Sell-side analysts forecast that Five9 will post 0.28 EPS for the current fiscal year.

Five9 declared that its board has initiated a share repurchase plan on Tuesday, November 11th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the software maker to purchase up to 3.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Activity at Five9

In related news, CRO Matthew E. Tuckness sold 5,255 shares of the stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $20.35, for a total transaction of $106,939.25. Following the completion of the sale, the executive directly owned 176,379 shares of the company’s stock, valued at approximately $3,589,312.65. This represents a 2.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Leena Mansharamani sold 2,951 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $20.41, for a total transaction of $60,229.91. Following the sale, the chief accounting officer owned 38,571 shares in the company, valued at $787,234.11. This trade represents a 7.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 65,339 shares of company stock valued at $1,330,186 over the last 90 days. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Villanova Investment Management Co LLC raised its holdings in shares of Five9 by 61.6% during the fourth quarter. Villanova Investment Management Co LLC now owns 125,261 shares of the software maker’s stock worth $2,511,000 after acquiring an additional 47,761 shares during the period. Pacer Advisors Inc. acquired a new stake in shares of Five9 in the 4th quarter valued at about $4,733,000. Invesco Ltd. lifted its holdings in shares of Five9 by 45.7% in the fourth quarter. Invesco Ltd. now owns 167,947 shares of the software maker’s stock valued at $3,367,000 after purchasing an additional 52,672 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in shares of Five9 during the fourth quarter worth about $312,000. Finally, Mackenzie Financial Corp boosted its position in shares of Five9 by 66.0% during the fourth quarter. Mackenzie Financial Corp now owns 60,553 shares of the software maker’s stock worth $1,209,000 after buying an additional 24,076 shares during the period. Institutional investors and hedge funds own 96.64% of the company’s stock.

Key Five9 News

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Heavy call-option buying signals speculative bullishness — investors purchased roughly 8,504 call options (a ~2,115% rise versus average), which can amplify short-term upside and suggest some traders are betting on a near-term rebound or event-driven move. Investors Purchase Large Volume of Five9 Call Options
• Positive Sentiment: Optimistic outside analyst view — a published analyst piece argues FIVN could gain substantially (headline claim of ~165% upside in 2026), which can attract longer-term value/bull-oriented investors if they find the thesis credible. This helps lift sentiment amid short-term volatility. This Analyst Thinks Five9 Stock Can Gain 165% in 2026
• Neutral Sentiment: Peer-comparison write-up contrasts Five9 with Rapid7 — useful context for investors comparing cloud/security/CCaaS peers, but not a direct catalyst unless it changes analyst models or leads to re-ratings. Contrasting Five9 & Rapid7
• Negative Sentiment: Shareholder litigation/insider-fiduciary investigations announced by two firms — Halper Sadeh (PR Newswire & BusinessWire notices) and Kuehn Law have opened probes alleging possible breaches of fiduciary duty tied to disclosures about bookings, net new business and retention-rate claims. Legal actions increase uncertainty, potential costs and governance risk. Halper Sadeh LLC Encourages Five9, Inc. Shareholders to Contact the Firm Halper Sadeh (BusinessWire)
• Negative Sentiment: Kuehn Law alleges public misstatements about bookings momentum and retention — the firm cites a federal securities suit claiming Five9 misrepresented business strength and sales execution, which could lead to litigation, scrutiny of guidance and reputational damage. Kuehn Law Encourages Investors of Five9 to Contact Law Firm
• Negative Sentiment: Robert W. Baird trimmed its price target to $19 — an analyst cut that lowers near-term upside expectations and can pressure sentiment among growth/value investors. Robert W. Baird Lowers Five9 Price Target to $19.00

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.