Truist Financial Cuts Five9 (NASDAQ:FIVN) Price Target to $23.00

Five9 (NASDAQ:FIVN) had its price target reduced by Truist Financial from $40.00 to $23.00 in a research report report published on Friday morning,Benzinga reports. They currently have a buy rating on the software maker’s stock.

FIVN has been the topic of several other research reports. Morgan Stanley dropped their price objective on Five9 from $30.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Cantor Fitzgerald dropped their price target on Five9 from $32.00 to $26.00 and set an “overweight” rating on the stock in a research report on Friday. Wells Fargo & Company cut their price target on Five9 from $28.00 to $22.00 and set an “equal weight” rating for the company in a research note on Friday, November 7th. Rosenblatt Securities restated a “buy” rating and issued a $26.00 price objective on shares of Five9 in a research note on Friday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of Five9 in a report on Thursday, December 18th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $27.63.

Five9 Price Performance

FIVN opened at $19.32 on Friday. Five9 has a fifty-two week low of $15.70 and a fifty-two week high of $49.90. The firm has a 50-day moving average of $18.65 and a 200 day moving average of $21.68. The company has a debt-to-equity ratio of 0.96, a quick ratio of 4.61 and a current ratio of 4.61. The firm has a market cap of $1.51 billion, a P/E ratio of 42.00, a PEG ratio of 0.98 and a beta of 1.32.

Five9 (NASDAQ:FIVN) last released its earnings results on Thursday, February 19th. The software maker reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Five9 had a net margin of 3.43% and a return on equity of 11.21%. The firm had revenue of $300.28 million for the quarter, compared to analysts’ expectations of $298.21 million. During the same period in the previous year, the company earned $0.79 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Five9 has set its Q1 2026 guidance at 0.100-0.170 EPS and its FY 2026 guidance at 0.860-0.950 EPS. On average, research analysts expect that Five9 will post 0.28 EPS for the current year.

Five9 declared that its Board of Directors has approved a stock repurchase program on Tuesday, November 11th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the software maker to buy up to 3.2% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, CRO Matthew E. Tuckness sold 5,255 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $20.35, for a total transaction of $106,939.25. Following the completion of the transaction, the executive owned 176,379 shares of the company’s stock, valued at approximately $3,589,312.65. The trade was a 2.89% 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, CAO Leena Mansharamani sold 2,951 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $20.41, for a total transaction of $60,229.91. Following the sale, the chief accounting officer directly owned 38,571 shares in the company, valued at $787,234.11. This trade represents a 7.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 65,339 shares of company stock valued at $1,330,186. 1.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC raised its position in shares of Five9 by 81.7% in the third quarter. Global Retirement Partners LLC now owns 1,228 shares of the software maker’s stock worth $30,000 after buying an additional 552 shares in the last quarter. Nisa Investment Advisors LLC purchased a new position in Five9 during the second quarter worth about $32,000. Quarry LP bought a new position in Five9 in the 3rd quarter worth about $33,000. Rothschild Investment LLC increased its stake in Five9 by 3,572.0% in the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock worth $37,000 after acquiring an additional 1,786 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of Five9 in the 3rd quarter valued at about $38,000. Institutional investors own 96.64% of the company’s stock.

Trending Headlines about Five9

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Q4 results beat estimates: EPS $0.80 vs. $0.79 and revenue $300.3M vs. $298.2M (revenue +7.8% YoY); company reported record full‑year 2025 revenue of $1.1B. Business Wire: Five9 Reports Record Full Year 2025 Revenue
• Positive Sentiment: Management highlighted AI-driven strength—AI helped bookings and revenue growth, which analysts and media say helped calm some AI concerns and supported the rally. CNBC: Beaten-down software stocks rally as earnings quell AI concerns
• Neutral Sentiment: Some firms reaffirmed positive ratings (e.g., Rosenblatt kept a buy with a $26 PT), providing support even as targets were trimmed. TickerReport: Rosenblatt reaffirms buy
• Neutral Sentiment: Short‑interest notices in data feeds show odd/zero values (likely a reporting artifact) and do not provide a clear signal.
• Negative Sentiment: Management issued conservative guidance: Q1 FY2026 EPS view of $0.10–$0.17 (consensus ~$0.55) and FY2026 EPS $0.86–$0.95 (consensus much higher). The weak guide is a primary downside risk to the stock. Five9 Q4 slide deck / guidance
• Negative Sentiment: Multiple firms lowered price targets (Canaccord, Mizuho, Truist, RBC, Cantor, UBS, Wells Fargo, etc.), which increases downside pressure despite many ratings remaining buy/outperform. Benzinga: Analyst PT changes

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.