Cantor Fitzgerald Boosts Five9 (NASDAQ:FIVN) Price Target to $40.00

Key Points

• Cantor Fitzgerald raised Five9’s price target from $34 to $40 and maintained an “overweight” rating, implying approximately 23% upside from the reported share price.
• Analyst sentiment is broadly positive, with Five9 receiving a “Moderate Buy” consensus rating and an average price target of $34; one analyst rates it a Strong Buy, 11 rate it a Buy, and seven rate it a Hold.
• Five9’s latest quarterly results exceeded expectations, with adjusted EPS of $0.70 versus the $0.68 consensus and revenue of $312.44 million, up 10.3% year over year.

Five9 (NASDAQ:FIVN - Get Free Report) had its price objective upped by equities researchers at Cantor Fitzgerald from $34.00 to $40.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage currently has an "overweight" rating on the software maker's stock. Cantor Fitzgerald's target price suggests a potential upside of 23.19% from the stock's current price.

Several other equities analysts have also recently issued reports on the company. Zacks Research upgraded Five9 from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 28th. Piper Sandler boosted their target price on shares of Five9 from $24.00 to $30.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Robert W. Baird increased their target price on shares of Five9 from $22.00 to $30.00 and gave the stock a "neutral" rating in a report on Monday, August 10th. UBS Group restated a "positive" rating on shares of Five9 in a research report on Monday, August 31st. Finally, Weiss Ratings raised shares of Five9 from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $34.00.

Five9 Stock Performance

Shares of FIVN stock opened at $32.47 on Monday. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 47.06 and a beta of 1.48. Five9 has a one year low of $13.29 and a one year high of $35.31. The company's 50-day simple moving average is $30.31 and its 200-day simple moving average is $23.13. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.15 and a current ratio of 4.15.

Five9 (NASDAQ:FIVN - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The firm had revenue of $312.44 million for the quarter, compared to analysts' expectations of $306.61 million. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Five9's revenue for the quarter was up 10.3% compared to the same quarter last year. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Equities analysts anticipate that Five9 will post 1.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Five9 news, insider Tiffany Meriweather sold 13,409 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $33.31, for a total value of $446,653.79. Following the sale, the insider directly owned 258,363 shares of the company's stock, valued at $8,606,071.53. This trade represents a 4.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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, President Andy Dignan sold 17,767 shares of the firm's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $35.03, for a total value of $622,378.01. Following the completion of the sale, the president owned 257,920 shares in the company, valued at $9,034,937.60. The trade was a 6.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 76,845 shares of company stock valued at $2,576,856 in the last 90 days. Corporate insiders own 1.20% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Anson Funds Management LP raised its holdings in shares of Five9 by 35.6% during the first quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker's stock valued at $31,655,000 after buying an additional 547,304 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Five9 by 18.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,054,769 shares of the software maker's stock worth $15,998,000 after buying an additional 165,623 shares in the last quarter. Gagnon Securities LLC grew its holdings in Five9 by 109.0% in the 4th quarter. Gagnon Securities LLC now owns 625,726 shares of the software maker's stock worth $12,546,000 after buying an additional 326,323 shares in the last quarter. Glenmede Trust Co. NA increased its position in Five9 by 35.7% in the 1st quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker's stock valued at $8,763,000 after acquiring an additional 151,974 shares during the period. Finally, S Squared Technology LLC acquired a new stake in Five9 in the 2nd quarter valued at approximately $10,983,957. Institutional investors own 96.64% of the company's stock.

Five9 Company Profile

Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.

The company's offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.

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