Five9 (NASDAQ:FIVN) Trading Up 5.8% – Here’s Why

Five9, Inc. (NASDAQ:FIVN) shares shot up 5.8% during trading on Friday . The stock traded as high as $21.84 and last traded at $21.9590. 1,228,297 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 2,751,409 shares. The stock had previously closed at $20.75.

Analyst Ratings Changes

Several research firms recently commented on FIVN. Piper Sandler restated a “neutral” rating and set a $24.00 price target (up from $21.00) on shares of Five9 in a report on Friday, May 1st. Zacks Research raised Five9 from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. DA Davidson increased their target price on Five9 from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Truist Financial reduced their price target on Five9 from $40.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Finally, UBS Group upped their price target on Five9 from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $26.53.

Five9 Stock Up 6.0%

The company has a 50-day moving average price of $16.77 and a 200 day moving average price of $18.49. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.51 and a quick ratio of 4.51. The firm has a market capitalization of $1.68 billion, a PE ratio of 33.49, a P/E/G ratio of 0.93 and a beta of 1.32.

Five9 (NASDAQ:FIVN) last posted its earnings results on Thursday, April 30th. The software maker reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. Five9 had a return on equity of 12.66% and a net margin of 4.87%.The company had revenue of $305.32 million during the quarter, compared to analyst estimates of $299.92 million. During the same quarter in the prior year, the business earned $0.62 earnings per share. Five9’s revenue was up 9.2% on a year-over-year basis. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. Analysts forecast that Five9, Inc. will post 1.39 earnings per share for the current year.

Hedge Funds Weigh In On Five9

Hedge funds have recently made changes to their positions in the company. Amundi grew its holdings in Five9 by 8.3% during the first quarter. Amundi now owns 40,291 shares of the software maker’s stock valued at $1,017,000 after purchasing an additional 3,079 shares during the period. Guggenheim Capital LLC raised its holdings in shares of Five9 by 95.7% during the second quarter. Guggenheim Capital LLC now owns 27,826 shares of the software maker’s stock valued at $737,000 after buying an additional 13,606 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of Five9 by 39.4% in the second quarter. California Public Employees Retirement System now owns 121,700 shares of the software maker’s stock valued at $3,223,000 after buying an additional 34,375 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of Five9 by 52.7% in the second quarter. Qube Research & Technologies Ltd now owns 31,182 shares of the software maker’s stock valued at $826,000 after buying an additional 10,755 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Five9 by 147.2% in the second quarter. The Manufacturers Life Insurance Company now owns 40,137 shares of the software maker’s stock valued at $1,063,000 after buying an additional 23,901 shares in the last quarter. 96.64% of the stock is owned by institutional investors and hedge funds.

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.