Five9 (NASDAQ:FIVN) Raised to Strong-Buy at Zacks Research

Five9 (NASDAQ:FIVN) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

A number of other brokerages have also issued reports on FIVN. Barclays increased their price target on Five9 from $22.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Truist Financial set a $23.00 price objective on Five9 in a research report on Wednesday. Piper Sandler reaffirmed a “neutral” rating and issued a $24.00 price objective (up from $21.00) on shares of Five9 in a research note on Friday, May 1st. DA Davidson increased their target price on Five9 from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, UBS Group lifted their target price on Five9 from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $25.93.

Five9 Stock Performance

FIVN opened at $23.44 on Wednesday. The firm has a market cap of $1.79 billion, a P/E ratio of 35.52, a PEG ratio of 1.03 and a beta of 1.46. Five9 has a 1-year low of $13.29 and a 1-year high of $29.71. The company has a 50 day simple moving average of $21.13 and a two-hundred day simple moving average of $18.74. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.51 and a quick ratio of 4.51.

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

Insider Activity at Five9

In other Five9 news, EVP Panos Kozanian sold 5,869 shares of Five9 stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $145,609.89. Following the completion of the transaction, the executive vice president directly owned 161,671 shares of the company’s stock, valued at $4,011,057.51. This trade represents a 3.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Matthew E. Tuckness sold 8,645 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $214,482.45. Following the sale, the executive owned 281,492 shares in the company, valued at $6,983,816.52. This represents a 2.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 85,820 shares of company stock valued at $2,014,057 in the last 90 days. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Five9

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Five9 by 378.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock valued at $26,000 after acquiring an additional 1,367 shares during the period. Quarry LP purchased a new position in shares of Five9 during the 3rd quarter worth about $33,000. Optiver Holding B.V. grew its holdings in Five9 by 575.9% during the 1st quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock valued at $35,000 after purchasing an additional 1,981 shares during the last quarter. Rothschild Investment LLC grew its holdings in Five9 by 3,572.0% during the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock valued at $37,000 after purchasing an additional 1,786 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new stake in Five9 in the 1st quarter worth about $38,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

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.