FY2025 Earnings Estimate for Five9, Inc. (NASDAQ:FIVN) Issued By DA Davidson

Five9, Inc. (NASDAQ:FIVN) – Research analysts at DA Davidson lowered their FY2025 earnings per share estimates for shares of Five9 in a research note issued to investors on Friday, May 3rd. DA Davidson analyst G. Luria now anticipates that the software maker will earn $0.14 per share for the year, down from their previous estimate of $0.17. The consensus estimate for Five9’s current full-year earnings is ($0.42) per share.

A number of other brokerages have also weighed in on FIVN. Barclays lowered their target price on Five9 from $105.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, February 22nd. Royal Bank of Canada initiated coverage on shares of Five9 in a research report on Friday, March 15th. They issued an “outperform” rating and a $80.00 price objective for the company. Canaccord Genuity Group reduced their price objective on Five9 from $90.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. Wells Fargo & Company lowered their target price on Five9 from $90.00 to $85.00 and set an “overweight” rating for the company in a research note on Friday, May 3rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price target on shares of Five9 in a research note on Friday, May 3rd. Four equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, Five9 has an average rating of “Moderate Buy” and an average price target of $84.88.

Five9 Trading Up 1.4 %

FIVN stock opened at $56.45 on Monday. The business has a fifty day moving average price of $59.73 and a 200 day moving average price of $68.46. The company has a debt-to-equity ratio of 2.41, a current ratio of 7.02 and a quick ratio of 7.02. Five9 has a fifty-two week low of $51.01 and a fifty-two week high of $92.40. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of -66.41 and a beta of 0.85.

Five9 (NASDAQ:FIVN) last issued its quarterly earnings data on Wednesday, February 21st. The software maker reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.14. Five9 had a negative net margin of 6.56% and a negative return on equity of 9.09%. The firm had revenue of $239.06 million for the quarter, compared to analysts’ expectations of $237.64 million.

Insider Activity at Five9

In other Five9 news, COO Andy Dignan sold 7,340 shares of Five9 stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $57.28, for a total value of $420,435.20. Following the transaction, the chief operating officer now owns 129,559 shares of the company’s stock, valued at $7,421,139.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Five9

A number of hedge funds and other institutional investors have recently bought and sold shares of FIVN. Arcadia Investment Management Corp MI grew its stake in shares of Five9 by 46.8% during the 4th quarter. Arcadia Investment Management Corp MI now owns 452 shares of the software maker’s stock worth $36,000 after acquiring an additional 144 shares in the last quarter. Treasurer of the State of North Carolina increased its position in shares of Five9 by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 31,227 shares of the software maker’s stock valued at $2,008,000 after acquiring an additional 160 shares during the last quarter. Arizona State Retirement System boosted its position in Five9 by 0.9% during the third quarter. Arizona State Retirement System now owns 20,266 shares of the software maker’s stock valued at $1,303,000 after purchasing an additional 172 shares during the last quarter. US Bancorp DE increased its position in shares of Five9 by 1.4% during the 4th quarter. US Bancorp DE now owns 17,032 shares of the software maker’s stock worth $1,340,000 after purchasing an additional 228 shares during the last quarter. Finally, Schechter Investment Advisors LLC boosted its holdings in shares of Five9 by 4.5% in the 3rd quarter. Schechter Investment Advisors LLC now owns 6,319 shares of the software maker’s stock valued at $406,000 after buying an additional 273 shares during the last quarter. Institutional investors and hedge funds own 96.64% of the company’s stock.

About Five9

Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.