Five9 (NASDAQ:FIVN) Price Target Raised to $28.00 at DA Davidson

Five9 (NASDAQ:FIVN) had its price objective raised by equities research analysts at DA Davidson from $22.00 to $28.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the software maker’s stock. DA Davidson’s price target suggests a potential downside of 18.34% from the stock’s current price.

A number of other brokerages have also recently issued reports on FIVN. Royal Bank Of Canada raised their target price on shares of Five9 from $25.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday. Barclays increased their price target on Five9 from $25.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday. Rosenblatt Securities raised their price target on Five9 from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Friday. Zacks Research lowered Five9 from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Finally, Wall Street Zen cut Five9 from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $31.50.

Five9 Stock Performance

Shares of NASDAQ:FIVN traded up $0.30 on Monday, reaching $34.29. 1,249,217 shares of the company’s stock were exchanged, compared to its average volume of 2,908,824. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 49.83 and a beta of 1.41. Five9 has a fifty-two week low of $13.29 and a fifty-two week high of $34.37. The business’s 50-day moving average is $23.94 and its two-hundred day moving average is $19.90. The company has a quick ratio of 4.51, a current ratio of 4.51 and a debt-to-equity ratio of 0.89.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings results 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 12.87%. The company had revenue of $312.44 million for the quarter, compared to the consensus estimate of $306.61 million. During the same period last year, the firm posted $0.76 EPS. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. 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, equities research analysts forecast that Five9 will post 1.39 EPS for the current year.

Insider Activity at Five9

In other news, insider Tiffany N. Meriweather sold 21,320 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $20.98, for a total transaction of $447,293.60. Following the transaction, the insider directly owned 281,298 shares of the company’s stock, valued at approximately $5,901,632.04. This trade represents a 7.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Bryan M. Lee sold 16,620 shares of Five9 stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $412,342.20. Following the sale, the chief financial officer owned 311,462 shares in the company, valued at approximately $7,727,372.22. This represents a 5.07% decrease in their ownership of the stock. 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. Insiders have sold a total of 85,820 shares of company stock worth $2,014,057 in the last ninety days. 1.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Five9

Several large investors have recently bought and sold shares of FIVN. Amundi boosted its holdings in shares of Five9 by 8.3% in the first quarter. Amundi now owns 40,291 shares of the software maker’s stock valued at $1,017,000 after acquiring an additional 3,079 shares in the last quarter. Guggenheim Capital LLC raised its holdings in Five9 by 95.7% during the second quarter. Guggenheim Capital LLC now owns 27,826 shares of the software maker’s stock worth $737,000 after purchasing an additional 13,606 shares in the last quarter. California Public Employees Retirement System lifted its position in Five9 by 39.4% in the second quarter. California Public Employees Retirement System now owns 121,700 shares of the software maker’s stock worth $3,223,000 after purchasing an additional 34,375 shares during the period. Qube Research & Technologies Ltd lifted its position in Five9 by 52.7% in the second quarter. Qube Research & Technologies Ltd now owns 31,182 shares of the software maker’s stock worth $826,000 after purchasing an additional 10,755 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in Five9 by 147.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 40,137 shares of the software maker’s stock valued at $1,063,000 after purchasing an additional 23,901 shares in the last quarter. Institutional investors and hedge funds 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.