Five9 (NASDAQ:FIVN) Price Target Raised to $35.00

Key Points

• Truist Financial raised Five9’s price target to $35 from $23 and maintained a “buy” rating, implying 17.3% upside from the prior close. Analysts overall assign the stock a “Moderate Buy” consensus rating with a $27.71 average target.
• Five9 beat second-quarter expectations, reporting $0.70 in EPS and $312.44 million in revenue, while raising fiscal 2026 EPS guidance to $3.22–$3.30. However, quarterly EPS declined from $0.76 year over year, and the stock trades near its 52-week high at a valuation of roughly 42 times earnings.
• Institutional investors own 96.64% of Five9, while insiders have sold 85,820 shares worth about $2.0 million over the past 90 days, primarily through transactions to cover tax obligations on vested equity awards.

Five9 (NASDAQ:FIVN - Get Free Report) had its target price boosted by equities research analysts at Truist Financial from $23.00 to $35.00 in a research note issued on Friday,Benzinga reports. The firm presently has a "buy" rating on the software maker's stock. Truist Financial's price target suggests a potential upside of 17.30% from the company's previous close.

Several other research analysts have also commented on FIVN. UBS Group lifted their price objective on shares of Five9 from $22.00 to $25.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. Piper Sandler reissued a "neutral" rating and issued a $24.00 target price (up from $21.00) on shares of Five9 in a research note on Friday, May 1st. Weiss Ratings upgraded shares of Five9 from a "sell (d)" rating to a "sell (d+)" rating in a report on Tuesday, May 19th. Jefferies Financial Group reaffirmed a "hold" rating on shares of Five9 in a research note on Friday, May 1st. Finally, Zacks Research downgraded shares of Five9 from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 30th. Ten analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Five9 presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.71.

Five9 Stock Performance

FIVN opened at $29.84 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.51 and a current ratio of 4.51. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 42.23 and a beta of 1.42. The company has a fifty day moving average of $23.75 and a 200 day moving average of $19.79. Five9 has a fifty-two week low of $13.29 and a fifty-two week high of $30.21.

Five9 (NASDAQ:FIVN - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. The business had revenue of $312.44 million for the quarter, compared to analysts' expectations of $306.61 million. Five9 had a net margin of 4.87% and a return on equity of 12.66%. The business's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.76 EPS. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. As a group, sell-side analysts forecast that Five9 will post 1.39 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Five9 news, President Andy Dignan sold 8,203 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.76, for a total value of $203,106.28. Following the sale, the president owned 278,760 shares in the company, valued at $6,902,097.60. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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, CRO Matthew E. Tuckness sold 8,645 shares of Five9 stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $214,482.45. Following the sale, the executive owned 281,492 shares of the company's stock, valued at approximately $6,983,816.52. This trade represents a 2.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 85,820 shares of company stock worth $2,014,057 over the last ninety days. Corporate insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On Five9

Institutional investors have recently modified their holdings of the stock. Quarry LP purchased a new stake in shares of Five9 in the third quarter valued at approximately $33,000. Advisory Services Network LLC bought a new stake in Five9 during the 3rd quarter valued at $38,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Five9 by 378.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker's stock worth $26,000 after buying an additional 1,367 shares during the period. Rothschild Investment LLC lifted its holdings in shares of Five9 by 3,572.0% in the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker's stock worth $37,000 after buying an additional 1,786 shares during the period. Finally, Global Retirement Partners LLC bought a new position in shares of Five9 during the 2nd quarter worth $45,000. 96.64% of the stock is owned by hedge funds and other institutional investors.

Key Five9 News

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Q2 results exceeded expectations. Five9 reported adjusted earnings of $0.70 per share versus the $0.68 consensus estimate, while revenue rose 10.3% year over year to $312.44 million, topping forecasts of $306.61 million. Five9 Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Full-year earnings guidance was raised above analyst expectations. Five9 guided to fiscal 2026 EPS of $3.22-$3.30, compared with consensus of $2.88. Third-quarter EPS guidance of $0.77-$0.81 also exceeded the $0.74 consensus, and projected revenue of $316 million-$322 million was above the $314.6 million estimate. Five9 Q2 Sales Beat Estimates and Guidance
• Neutral Sentiment: Management’s earnings call and updated forecasts will remain important catalysts. Investors are assessing Five9’s operating outlook, demand trends, and ability to convert revenue growth into profits as the company targets roughly $1.3 billion in fiscal 2026 revenue. Five9 Q2 2026 Earnings Call Transcript
• Negative Sentiment: Profit growth weakened year over year. Quarterly EPS fell from $0.76 to $0.70 despite the revenue increase. With shares trading at roughly 43 times earnings and near the upper end of their 52-week range, investors may have expected a larger beat or stronger revenue acceleration, contributing to the negative reaction. Five9 Quarterly Earnings Results

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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