Robert W. Baird Issues Positive Forecast for Five9 (NASDAQ:FIVN) Stock Price

Key Points

• Robert W. Baird raised Five9’s price target from $22 to $30 while maintaining a neutral rating, implying 11.74% downside from the prior close. The analyst consensus is a “Moderate Buy” with an average target of $31.07.
• Five9 exceeded quarterly expectations, reporting adjusted EPS of $0.70 versus a $0.68 consensus and revenue of $312.44 million versus estimates of $306.61 million. Revenue increased 10.3% year over year, and the company issued third-quarter and full-year 2026 EPS guidance.
• Five9 shares opened at $33.99, near their 52-week high of $34.10, after substantial recent gains. Insiders sold 85,820 shares worth about $2.0 million over the past three months, while institutional investors own 96.64% of the stock.

Five9 (NASDAQ:FIVN - Get Free Report) had its price objective raised by stock analysts at Robert W. Baird from $22.00 to $30.00 in a report released on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the software maker's stock. Robert W. Baird's price objective points to a potential downside of 11.74% from the stock's previous close.

FIVN has been the subject of a number of other reports. Wall Street Zen downgraded Five9 from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Piper Sandler raised their target price on Five9 from $24.00 to $30.00 and gave the company a "neutral" rating in a research note on Friday. Cantor Fitzgerald boosted their price target on shares of Five9 from $32.00 to $34.00 and gave the company an "overweight" rating in a report on Monday, August 3rd. Weiss Ratings upgraded shares of Five9 from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday. Finally, Rosenblatt Securities upped their price target on shares of Five9 from $29.00 to $32.00 and gave the stock a "buy" rating in a research report on Friday. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $31.07.

Five9 Stock Performance

Shares of FIVN stock opened at $33.99 on Monday. 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 business has a 50 day moving average of $23.94 and a two-hundred day moving average of $19.90. Five9 has a 52 week low of $13.29 and a 52 week high of $34.10. The company has a market cap of $2.60 billion, a P/E ratio of 49.26 and a beta of 1.41.

Five9 (NASDAQ:FIVN - Get Free Report) last posted its earnings results on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. The company had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. Five9 had a return on equity of 12.87% and a net margin of 4.94%.The business's revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 earnings per share. 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, analysts anticipate that Five9 will post 1.39 EPS for the current year.

Insiders Place Their Bets

In other Five9 news, 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 completion of the transaction, the president owned 278,760 shares in the company, valued at approximately $6,902,097.60. The trade was a 2.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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, insider Tiffany N. Meriweather sold 21,320 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $20.98, for a total value of $447,293.60. Following the completion of the transaction, the insider directly owned 281,298 shares of the company's stock, valued at approximately $5,901,632.04. The trade was a 7.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 85,820 shares of company stock worth $2,014,057. 1.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Five9

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA boosted its holdings in shares of Five9 by 335.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 254,190 shares of the software maker's stock valued at $5,097,000 after acquiring an additional 195,876 shares in the last quarter. Dana Investment Advisors Inc. raised its holdings in Five9 by 74.5% during the fourth quarter. Dana Investment Advisors Inc. now owns 222,515 shares of the software maker's stock worth $4,461,000 after purchasing an additional 95,032 shares in the last quarter. Glenmede Trust Co. NA lifted its position in Five9 by 35.7% in the first quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker's stock worth $8,763,000 after purchasing an additional 151,974 shares during the period. Vanguard Group Inc. lifted its position in Five9 by 8.2% in the fourth quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker's stock worth $201,250,000 after purchasing an additional 759,237 shares during the period. Finally, Gagnon Advisors LLC boosted its stake in Five9 by 100.9% during the 4th quarter. Gagnon Advisors LLC now owns 336,277 shares of the software maker's stock valued at $6,742,000 after purchasing an additional 168,891 shares in the last quarter. 96.64% of the stock is currently owned by institutional investors.

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.

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