Five9 (NASDAQ:FIVN) Stock Gets Downgrade from Evercore

Five9 (NASDAQ:FIVN) was downgraded by research analysts at Evercore from an “outperform” rating to a “hold” rating in a research note issued on Friday, Marketbeat reports. They presently have a $24.00 price target on the software maker’s stock. Evercore‘s price target would indicate a potential downside of 14.65% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Five9 from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Royal Bank Of Canada boosted their price target on shares of Five9 from $25.00 to $35.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Canaccord Genuity Group boosted their price target on shares of Five9 from $33.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Barclays upped their target price on Five9 from $34.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, October 13th. Finally, DA Davidson set a $33.00 price objective on shares of Five9 in a report on Monday, September 28th. Twelve investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.94.

Five9 Price Performance

Shares of FIVN stock opened at $28.12 on Friday. Five9 has a 12 month low of $13.29 and a 12 month high of $40.00. The company has a quick ratio of 4.15, a current ratio of 4.15 and a debt-to-equity ratio of 0.94. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 25.37 and a beta of 1.56. The stock has a 50-day moving average price of $34.54 and a 200 day moving average price of $24.49.

Five9 (NASDAQ:FIVN) last released its quarterly earnings data on Thursday, November 5th. The software maker reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The business had revenue of $323.30 million during the quarter, compared to analysts’ expectations of $319.04 million. During the same period in the prior year, the company earned $0.78 EPS. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. Research analysts expect that Five9 will post 1.55 EPS for the current year.

Insider Activity

In related news, President Andy Dignan sold 17,767 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $35.03, for a total transaction of $622,378.01. Following the sale, the president directly owned 257,920 shares in the company, valued at $9,034,937.60. This represents a 6.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tiffany N. Meriweather sold 13,409 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $33.31, for a total transaction of $446,653.79. Following the completion of the transaction, the insider directly owned 258,363 shares of the company’s stock, valued at approximately $8,606,071.53. This trade represents a 4.93% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 83,831 shares of company stock valued at $2,821,366 over the last ninety days. 1.20% of the stock is owned by company insiders.

Institutional Trading of Five9

A number of institutional investors and hedge funds have recently modified their holdings of FIVN. Root Financial Partners LLC bought a new stake in Five9 in the third quarter worth $39,000. GAMMA Investing LLC raised its stake in shares of Five9 by 42.7% in the third quarter. GAMMA Investing LLC now owns 1,477 shares of the software maker’s stock worth $50,000 after purchasing an additional 442 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Five9 by 378.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock valued at $26,000 after purchasing an additional 1,367 shares in the last quarter. Richardson Financial Services Inc. raised its position in Five9 by 30.4% in the third quarter. Richardson Financial Services Inc. now owns 1,746 shares of the software maker’s stock valued at $59,000 after purchasing an additional 407 shares during the period. Finally, Nykredit A S purchased a new stake in Five9 during the 2nd quarter worth about $39,000. 96.64% of the stock is owned by hedge funds and other institutional investors.

Key Five9 News

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Five9 reported Q3 adjusted EPS of $0.82 versus the $0.80 consensus and revenue of $323.3 million versus $319.0 million. Revenue rose 13% year over year, with subscription growth of 16%. Five9 Q3 results
• Positive Sentiment: Management’s FY 2026 adjusted EPS guidance of $3.17–$3.21 is above the cited $2.92 consensus. The company also highlighted 91% growth in AI revenue, supporting its opportunity to expand AI-powered customer service products. Q3 earnings call highlights
• Neutral Sentiment: Five9 agreed to acquire Level AI for $325 million in cash, adding tools for automating customer interactions and analyzing customer conversations. The deal could strengthen its AI platform, though its eventual financial contribution is uncertain. Level AI acquisition announcement
• Negative Sentiment: Gross margins narrowed year over year: GAAP gross margin was 53.4%, versus 55.0% a year earlier. Q4 EPS guidance of $0.88–$0.92 straddles the $0.90 consensus, while revenue guidance is broadly in line with expectations—limiting evidence of a near-term forecast beat. Q3 estimates and margins
• Negative Sentiment: Analyst responses were mixed but included a downgrade from Evercore to “in-line” with a $24 target and lower targets from Wells Fargo ($28), Truist ($35), and Barclays ($38). These cautious revisions may add pressure despite several firms retaining positive ratings. Wells Fargo analyst rating

About Five9

Five9, Inc is a cloud-based software company that provides customer experience and contact center solutions. Its platform enables organizations to manage customer interactions across voice, chat, email, social media and other digital channels without relying on traditional on-premises contact center infrastructure.

The company’s Intelligent CX Platform includes tools for inbound and outbound communications, digital engagement, workforce optimization, workflow automation, analytics and reporting.