Five9 (NASDAQ:FIVN) Downgraded by Zacks Research to Hold

Zacks Research cut shares of Five9 (NASDAQ:FIVN) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

A number of other brokerages have also recently commented on FIVN. Royal Bank Of Canada cut their price target on shares of Five9 from $35.00 to $25.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Weiss Ratings raised shares of Five9 from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, May 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price target on shares of Five9 in a research report on Friday, May 1st. Truist Financial cut their price target on shares of Five9 from $40.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Finally, Robert W. Baird cut their price target on shares of Five9 from $24.00 to $19.00 and set a “neutral” rating on the stock in a research report on Monday, February 23rd. Eleven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Five9 currently has a consensus rating of “Moderate Buy” and an average price target of $26.53.

Five9 Stock Performance

NASDAQ FIVN opened at $23.95 on Tuesday. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 36.29, a PEG ratio of 1.11 and a beta of 1.45. Five9 has a twelve month low of $13.29 and a twelve month high of $30.38. The stock has a fifty day simple moving average of $18.56 and a 200 day simple moving average of $18.56. 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 data on Thursday, April 30th. The software maker reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. The business had revenue of $305.32 million during the quarter, compared to the consensus estimate of $299.92 million. Five9 had a return on equity of 12.66% and a net margin of 4.87%.Five9’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts expect that Five9 will post 1.39 EPS for the current year.

Insider Activity

In other news, insider Tiffany N. Meriweather sold 21,320 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $20.98, for a total transaction of $447,293.60. Following the transaction, the insider owned 281,298 shares of the company’s stock, valued at $5,901,632.04. This represents a 7.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Five9

Institutional investors and hedge funds have recently made changes to their positions in the stock. Intrinsic Edge Capital Management LLC bought a new position in shares of Five9 during the 3rd quarter worth about $5,451,000. Massachusetts Financial Services Co. MA boosted its position in shares of Five9 by 335.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 254,190 shares of the software maker’s stock worth $5,097,000 after purchasing an additional 195,876 shares in the last quarter. Anson Funds Management LP boosted its position in shares of Five9 by 98.5% during the 3rd quarter. Anson Funds Management LP now owns 1,534,272 shares of the software maker’s stock worth $37,129,000 after purchasing an additional 761,486 shares in the last quarter. Dana Investment Advisors Inc. boosted its position in shares of Five9 by 74.5% during the 4th quarter. Dana Investment Advisors Inc. now owns 222,515 shares of the software maker’s stock worth $4,461,000 after purchasing an additional 95,032 shares in the last quarter. Finally, Artisan Partners Limited Partnership boosted its position in shares of Five9 by 14.3% during the 3rd quarter. Artisan Partners Limited Partnership now owns 1,104,582 shares of the software maker’s stock worth $26,731,000 after purchasing an additional 138,495 shares in the last quarter. Institutional investors own 96.64% of the company’s stock.

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.