Piper Sandler Increases Five9 (NASDAQ:FIVN) Price Target to $30.00

Five9 (NASDAQ:FIVN) had its price target increased by analysts at Piper Sandler from $24.00 to $30.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the software maker’s stock. Piper Sandler’s target price points to a potential downside of 9.93% from the company’s previous close.

Several other equities research analysts also recently weighed in on FIVN. UBS Group reaffirmed a “buy” rating on shares of Five9 in a research note on Friday. Jefferies Financial Group reiterated a “hold” rating on shares of Five9 in a research note on Friday, May 1st. Royal Bank Of Canada restated an “outperform” rating on shares of Five9 in a report on Friday. Cantor Fitzgerald boosted their price objective on Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Needham & Company LLC restated a “buy” rating and set a $40.00 target price on shares of Five9 in a research note on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $28.14.

Five9 Trading Up 17.4%

Shares of FIVN traded up $4.94 during midday trading on Friday, hitting $33.31. 5,268,227 shares of the stock were exchanged, compared to its average volume of 2,901,705. 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 firm has a market cap of $2.55 billion, a P/E ratio of 50.49 and a beta of 1.42. Five9 has a 52-week low of $13.29 and a 52-week high of $33.88. The stock has a fifty day simple moving average of $23.75 and a 200 day simple moving average of $19.79.

Five9 (NASDAQ:FIVN) last announced its earnings results on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $312.44 million during the quarter, compared to analysts’ expectations of $306.61 million. Five9 had a return on equity of 12.66% and a net margin of 4.87%.Five9’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the business posted $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. On average, research analysts anticipate that Five9 will post 1.39 EPS for the current fiscal year.

Insider Transactions at Five9

In other Five9 news, CRO Matthew E. Tuckness sold 8,645 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Panos Kozanian sold 5,869 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $145,609.89. Following the sale, the executive vice president owned 161,671 shares of the company’s stock, valued at $4,011,057.51. This represents a 3.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 valued at $2,014,057 over the last three months. 1.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Five9

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Deutsche Bank AG acquired a new position in Five9 in the second quarter valued at $10,432,000. OneDigital Investment Advisors LLC acquired a new stake in shares of Five9 during the second quarter worth about $1,034,000. Global Retirement Partners LLC purchased a new stake in shares of Five9 in the 2nd quarter valued at about $45,000. Bank of New York Mellon Corp acquired a new stake in shares of Five9 in the 2nd quarter valued at about $10,429,000. Finally, State of Wyoming acquired a new stake in shares of Five9 in the 2nd quarter valued at about $1,241,000. 96.64% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Five9

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Raised full-year and third-quarter guidance: Five9 projected third-quarter adjusted EPS of $0.77–$0.81, above the $0.74 consensus, with revenue of $316 million–$322 million versus expectations of $314.6 million. Full-year EPS guidance of $3.22–$3.30 also exceeded the $2.88 analyst consensus. Five9 Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Second-quarter results beat estimates: Five9 reported EPS of $0.70 versus the $0.68 consensus and revenue of $312.44 million versus expectations of $306.61 million. Revenue increased 10.3% year over year, reinforcing the company’s growth outlook. Five9 Earnings Results
• Positive Sentiment: Truist raised its price target: Truist Financial increased its target from $23 to $35 and maintained a “buy” rating, signaling continued confidence in Five9’s earnings outlook and valuation.
• Positive Sentiment: Rosenblatt also upgraded its outlook: The firm raised its target from $29 to $32 and assigned a “buy” rating, although the new target remains below the stock’s recent trading level.
• Neutral Sentiment: Profitability remains mixed: While Five9 exceeded quarterly EPS expectations, earnings declined from $0.76 a year earlier. The company reported a 4.87% net margin and 12.66% return on equity.

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.