Five9 (NASDAQ:FIVN) Sets New 52-Week High After Analyst Upgrade

Key Points

• Five9 shares reached a new 52-week high, trading as high as $34.58 after DA Davidson raised its price target from $22 to $28, though it retained a Neutral rating.
• Five9 reported better-than-expected quarterly results, with EPS of $0.70 versus $0.68 expected and revenue of $312.44 million versus $306.61 million; revenue rose 10.3% year over year.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and $31.50 target, but several Neutral-rated firms’ targets remain below the current share price, signaling valuation concerns after the rally.

Five9, Inc. (NASDAQ:FIVN - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday after DA Davidson raised their price target on the stock from $22.00 to $28.00. DA Davidson currently has a neutral rating on the stock. Five9 traded as high as $34.58 and last traded at $34.48, with a volume of 3074562 shares. The stock had previously closed at $33.99.

FIVN has been the subject of a number of other reports. Wall Street Zen lowered shares of Five9 from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Cantor Fitzgerald raised their price objective on shares of Five9 from $32.00 to $34.00 and gave the company an "overweight" rating in a research report on Monday, August 3rd. Truist Financial lifted their target price on shares of Five9 from $23.00 to $35.00 and gave the company a "buy" rating in a research note on Friday. Rosenblatt Securities upped their target price on shares of Five9 from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Friday. Finally, Needham & Company LLC reissued a "buy" rating and set a $40.00 price target on shares of Five9 in a report on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $31.50.

Insider Buying and Selling

In other news, EVP Panos Kozanian sold 5,869 shares of the firm's stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $145,609.89. Following the completion of the transaction, the executive vice president owned 161,671 shares in the company, 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 document filed with the SEC, which is available at the SEC website. 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 dated Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $214,482.45. Following the completion of the sale, the executive directly owned 281,492 shares in the company, valued at $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 sold a total of 85,820 shares of company stock worth $2,014,057 in the last 90 days. 1.20% of the stock is owned by company insiders.

Key Stories Impacting Five9

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Five9’s quarterly results exceeded expectations, with earnings per share of $0.70 versus the $0.68 consensus and revenue of $312.44 million versus estimates of $306.61 million. Revenue increased 10.3% year over year, while the company issued third-quarter and full-year 2026 earnings guidance. Five9 Trading 14.9% Higher Following Better-Than-Expected Earnings
• Positive Sentiment: Evercore ISI initiated or reiterated a Buy rating on Five9, adding to the positive analyst sentiment around the company’s momentum and competitive position. Five9 Receives a Buy from Evercore ISI
• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating, reinforcing the view that Five9’s growth prospects remain attractive. Rosenblatt Reaffirms Buy Rating
• Neutral Sentiment: Several analysts raised their price targets, including targets of $32 and $30, indicating improved estimates but limited additional upside at the current valuation. Five9 Price Target Raised to $32 Five9 Price Target Raised to $30
• Negative Sentiment: DA Davidson raised its target from $22 to $28 and Robert W. Baird raised its target from $22 to $30, but both firms maintained Neutral ratings. Their targets remain below the recent share price, signaling caution after the sharp rally. DA Davidson Raises Five9 Price Target Robert W. Baird Raises Five9 Price Target

Institutional Trading of Five9

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Five9 by 8.2% during the 4th quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker's stock worth $201,250,000 after acquiring an additional 759,237 shares in the last quarter. Van Berkom & Associates Inc. grew its holdings in shares of Five9 by 28.0% in the fourth quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker's stock valued at $72,107,000 after purchasing an additional 787,626 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Five9 by 10.3% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,320,745 shares of the software maker's stock worth $56,162,000 after purchasing an additional 217,227 shares during the last quarter. Anson Funds Management LP increased its position in Five9 by 35.6% in the first quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker's stock worth $31,655,000 after purchasing an additional 547,304 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Five9 by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker's stock valued at $40,034,000 after purchasing an additional 37,261 shares in the last quarter. Institutional investors own 96.64% of the company's stock.

Five9 Trading Up 1.4%

The company has a quick ratio of 4.51, a current ratio of 4.51 and a debt-to-equity ratio of 0.89. The stock's 50 day moving average is $24.10 and its 200-day moving average is $20.03. The company has a market cap of $2.64 billion, a PE ratio of 49.97 and a beta of 1.42.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.87%. The business had revenue of $312.44 million during the quarter, compared to analysts' expectations of $306.61 million. During the same period last year, the company posted $0.76 EPS. The business's 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. As a group, sell-side analysts anticipate that Five9, Inc. will post 1.39 EPS for the current year.

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source