Five9 (NASDAQ:FIVN) Price Target Raised to $32.00 at Wells Fargo & Company

Key Points

• Wells Fargo raised Five9’s price target from $24 to $32 while maintaining an “equal weight” rating, implying roughly 2.35% downside from the reported $32.77 share price.
• Analyst sentiment is broadly positive: Five9 has a “Moderate Buy” consensus rating, with 10 Buy ratings and 8 Holds and an average price target of $32.79.
• Five9’s latest quarterly results exceeded expectations, with 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 lifted by analysts at Wells Fargo & Company from $24.00 to $32.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an "equal weight" rating on the software maker's stock. Wells Fargo & Company's price target points to a potential downside of 2.35% from the stock's current price.

Several other brokerages have also weighed in on FIVN. Jefferies Financial Group reaffirmed a "hold" rating on shares of Five9 in a research report on Friday, May 1st. Weiss Ratings raised Five9 from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, August 7th. Barclays boosted their target price on Five9 from $25.00 to $34.00 and gave the stock an "overweight" rating in a report on Monday, August 10th. DA Davidson raised their price target on shares of Five9 from $22.00 to $28.00 and gave the company a "neutral" rating in a report on Monday, August 10th. Finally, Rosenblatt Securities boosted their price objective on shares of Five9 from $29.00 to $32.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $32.79.

Five9 Stock Up 0.1%

Shares of NASDAQ:FIVN opened at $32.77 on Tuesday. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 47.49 and a beta of 1.41. The stock's 50-day moving average price is $26.10 and its two-hundred day moving average price is $21.05. Five9 has a 12-month low of $13.29 and a 12-month high of $34.58.

Five9 (NASDAQ:FIVN - Get Free Report) last released its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The business had revenue of $312.44 million for the quarter, compared to analysts' expectations of $306.61 million. During the same period last year, the company earned $0.76 earnings per share. The company's quarterly revenue was up 10.3% on a year-over-year basis. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. On average, research analysts forecast that Five9 will post 1.55 EPS for the current year.

Insider Transactions at Five9

In other Five9 news, EVP Panos Kozanian sold 5,869 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $145,609.89. Following the completion of the sale, the executive vice president owned 161,671 shares of the company's stock, valued at $4,011,057.51. This trade represents a 3.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President Andy Dignan sold 8,203 shares of the business's stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.76, for a total transaction of $203,106.28. Following the transaction, the president directly owned 278,760 shares in the company, valued at approximately $6,902,097.60. The trade was a 2.86% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 56,003 shares of company stock worth $1,386,457 over the last 90 days. 1.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Five9

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Five9 during the third quarter worth about $33,000. Advisory Services Network LLC acquired a new position in shares of Five9 in the third quarter worth about $38,000. EverSource Wealth Advisors LLC boosted its holdings in Five9 by 378.7% in 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 during the last quarter. Rothschild Investment LLC boosted its holdings in Five9 by 3,572.0% in the fourth quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker's stock valued at $37,000 after purchasing an additional 1,786 shares during the last quarter. Finally, Nykredit A S acquired a new stake in Five9 during the 2nd quarter valued at approximately $39,000. 96.64% of the stock is owned by hedge funds and other institutional investors.

About Five9

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.

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