Five9 (NASDAQ:FIVN) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Five9 (NASDAQ:FIVN) from a hold rating to a strong-buy rating in a research note released on Wednesday morning,Zacks.com reports.

A number of other brokerages have also weighed in on FIVN. Cantor Fitzgerald boosted their price objective on shares of Five9 from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Rosenblatt Securities reiterated a “buy” rating and issued a $29.00 target price on shares of Five9 in a research report on Wednesday, June 24th. Truist Financial set a $23.00 target price on shares of Five9 in a research report on Wednesday. Weiss Ratings raised shares of Five9 from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, May 19th. Finally, UBS Group raised their price objective on Five9 from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Five9 has an average rating of “Moderate Buy” and an average target price of $25.93.

Five9 Price Performance

Shares of Five9 stock opened at $23.44 on Wednesday. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $1.79 billion, a PE ratio of 35.52, a price-to-earnings-growth ratio of 1.03 and a beta of 1.46. The business’s 50-day moving average price is $21.13 and its 200-day moving average price is $18.74. Five9 has a 12 month low of $13.29 and a 12 month high of $29.71.

Five9 (NASDAQ:FIVN) last released its earnings results on Thursday, April 30th. The software maker reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. The company 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS. 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 forecast that Five9 will post 1.39 EPS for the current fiscal year.

Insider Transactions at Five9

In related news, President Andy Dignan sold 8,203 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $24.76, for a total transaction of $203,106.28. Following the completion of the sale, the president directly owned 278,760 shares in the company, valued at $6,902,097.60. This represents a 2.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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. Also, CFO Bryan M. Lee sold 16,620 shares of the stock in a transaction on 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 directly owned 311,462 shares of the company’s stock, valued at $7,727,372.22. The trade was a 5.07% 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. In the last three months, insiders have sold 85,820 shares of company stock valued at $2,014,057. 1.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Five9

A number of hedge funds have recently modified their holdings of FIVN. Pacer Advisors Inc. boosted its position in shares of Five9 by 71.0% during the first quarter. Pacer Advisors Inc. now owns 403,644 shares of the software maker’s stock valued at $6,123,000 after purchasing an additional 167,574 shares in the last quarter. Militia Capital Management LLC purchased a new position in shares of Five9 in the 1st quarter worth about $2,123,000. NewEdge Advisors LLC purchased a new position in shares of Five9 in the 1st quarter worth about $38,000. Optiver Holding B.V. boosted its stake in Five9 by 575.9% in the 1st quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock worth $35,000 after purchasing an additional 1,981 shares in the last quarter. Finally, Glenmede Trust Co. NA boosted its stake in Five9 by 35.7% in the 1st quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker’s stock worth $8,763,000 after purchasing an additional 151,974 shares in the last quarter. Hedge funds and other 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.