Five9 (NASDAQ:FIVN) Receives Neutral Rating from DA Davidson

Key Points

• DA Davidson has reissued a "neutral" rating for Five9 (NASDAQ:FIVN) with a price target of $28.00, suggesting a potential upside of 5.96% from the previous close.
• Analysts currently have a consensus rating of "Moderate Buy" for Five9, with an average price target of $37.59, indicating bullish sentiment among most investment analysts.
• Five9's latest quarterly earnings report showed an EPS of $0.76, exceeding expectations, along with a year-over-year revenue increase of 12.4% to $283.27 million.

Five9 (NASDAQ:FIVN - Get Free Report)'s stock had its "neutral" rating reissued by analysts at DA Davidson in a research note issued to investors on Friday,Benzinga reports. They currently have a $28.00 price target on the software maker's stock. DA Davidson's target price points to a potential upside of 5.96% from the stock's previous close.

Several other research analysts have also recently commented on the stock. KeyCorp assumed coverage on shares of Five9 in a research report on Friday, June 6th. They issued an "overweight" rating and a $35.00 target price for the company. Wall Street Zen raised Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Rosenblatt Securities reaffirmed a "buy" rating and set a $36.00 target price on shares of Five9 in a research note on Friday, August 1st. Canaccord Genuity Group reiterated a "buy" rating and set a $40.00 price target on shares of Five9 in a research report on Friday, August 1st. Finally, Piper Sandler lowered their price target on Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a report on Monday, July 14th. Thirteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $37.59.

Five9 Stock Up 1.2%

Shares of Five9 stock traded up $0.33 during trading on Friday, reaching $26.43. The company had a trading volume of 558,679 shares, compared to its average volume of 1,901,876. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.44 and a current ratio of 4.44. Five9 has a fifty-two week low of $21.04 and a fifty-two week high of $49.90. The firm's fifty day moving average is $26.61 and its 200-day moving average is $27.16. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 294.30, a price-to-earnings-growth ratio of 2.38 and a beta of 1.17.

Five9 (NASDAQ:FIVN - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The software maker reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.11. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The firm had revenue of $283.27 million during the quarter, compared to the consensus estimate of $275.18 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The firm's revenue was up 12.4% on a year-over-year basis. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. On average, analysts anticipate that Five9 will post 0.28 EPS for the current year.

Insider Buying and Selling

In related news, CAO Leena Mansharamani sold 2,969 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $25.85, for a total transaction of $76,748.65. Following the completion of the sale, the chief accounting officer directly owned 41,522 shares in the company, valued at approximately $1,073,343.70. This trade represents a 6.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Bryan M. Lee sold 1,889 shares of the firm's stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $25.72, for a total value of $48,585.08. Following the sale, the chief financial officer directly owned 237,488 shares of the company's stock, valued at $6,108,191.36. This trade represents a 0.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 60,781 shares of company stock valued at $1,565,453. 1.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Sylebra Capital LLC raised its stake in shares of Five9 by 59.4% in the 4th quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker's stock valued at $152,228,000 after acquiring an additional 1,396,496 shares in the last quarter. Voss Capital LP increased its stake in Five9 by 211.4% during the second quarter. Voss Capital LP now owns 3,250,000 shares of the software maker's stock valued at $86,060,000 after acquiring an additional 2,206,173 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Five9 by 14.8% in the first quarter. Ameriprise Financial Inc. now owns 2,749,505 shares of the software maker's stock valued at $74,649,000 after purchasing an additional 353,939 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Five9 by 292.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,679,356 shares of the software maker's stock valued at $72,745,000 after buying an additional 1,996,628 shares in the last quarter. Finally, Van Berkom & Associates Inc. raised its position in Five9 by 14.2% in the first quarter. Van Berkom & Associates Inc. now owns 2,140,763 shares of the software maker's stock worth $58,122,000 after purchasing an additional 266,484 shares in the last quarter. Institutional investors own 96.64% of the company's stock.

About Five9

Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.

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