Five9 (NASDAQ:FIVN) Stock Price Down 5.1% - Here's Why

Key Points

• Five9 shares fell 5.1% to about $30.98 in mid-day trading, while volume was roughly 83% below the average daily level.
• Analyst sentiment remains generally positive but mixed: the stock has a “Moderate Buy” consensus rating from 18 analysts, with an average price target of $31.50.
• Five9 exceeded quarterly expectations, reporting $0.70 in EPS and $312.44 million in revenue, up 10.3% year over year; management issued third-quarter and full-year 2026 EPS guidance.

Five9, Inc. (NASDAQ:FIVN - Get Free Report)'s share price fell 5.1% during trading on Wednesday . The company traded as low as $31.11 and last traded at $30.9810. Approximately 498,123 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 2,898,708 shares. The stock had previously closed at $32.63.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Zacks Research lowered Five9 from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 30th. Wall Street Zen cut shares of Five9 from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Piper Sandler boosted their target price on shares of Five9 from $24.00 to $30.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Barclays upped their price target on shares of Five9 from $25.00 to $34.00 and gave the company an "overweight" rating in a research note on Monday. Finally, UBS Group raised their price target on shares of Five9 from $25.00 to $36.00 and gave the stock a "buy" rating in a report on Friday. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $31.50.

Five9 Stock Down 3.8%

The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.89. The business's 50-day simple moving average is $24.26 and its 200-day simple moving average is $20.13. The company has a market capitalization of $2.40 billion, a PE ratio of 45.49 and a beta of 1.42.

Five9 (NASDAQ:FIVN - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $306.61 million. During the same period in the prior year, the firm earned $0.76 EPS. The business's revenue for the quarter 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, equities research analysts anticipate that Five9, Inc. will post 1.39 EPS for the current fiscal year.

Insider Activity at Five9

In other Five9 news, CAO Leena Mansharamani sold 2,556 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 transaction of $63,414.36. Following the completion of the transaction, the chief accounting officer owned 57,698 shares in the company, valued at approximately $1,431,487.38. This trade represents a 4.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President Andy Dignan sold 3,073 shares of the business's stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $24.25, for a total value of $74,520.25. Following the completion of the transaction, the president directly owned 275,687 shares of the company's stock, valued at approximately $6,685,409.75. This trade represents a 1.10% decrease in their position. 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 sold 77,323 shares of company stock worth $1,833,751 in the last three months. Company insiders own 1.20% of the company's stock.

Institutional Investors Weigh In On Five9

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. EP Wealth Advisors LLC purchased a new stake in Five9 during the second quarter worth $248,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Five9 in the second quarter worth about $49,000. Allworth Financial LP acquired a new position in shares of Five9 in the second quarter worth about $103,000. Nierenberg Investment Management Company LLC purchased a new stake in shares of Five9 during the 2nd quarter worth about $2,895,469,000. Finally, Aurora Investment Counsel acquired a new stake in shares of Five9 during the 2nd quarter valued at about $1,367,000. Institutional investors and hedge funds own 96.64% of the company's stock.

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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