Five9 (NASDAQ:FIVN) Trading 14.9% Higher After Strong Earnings

Five9, Inc. (NASDAQ:FIVN)’s stock price rose 14.9% during trading on Friday following a better than expected earnings announcement. The stock traded as high as $31.18 and last traded at $32.6040. Approximately 1,523,749 shares were traded during mid-day trading, a decline of 47% from the average session volume of 2,874,995 shares. The stock had previously closed at $28.37.

The software maker reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02. Five9 had a net margin of 4.87% and a return on equity of 12.66%. The company had revenue of $312.44 million for the quarter, compared to analyst estimates of $306.61 million. During the same period last year, the business posted $0.76 earnings per share. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS.

Key Five9 News

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Five9 reported second-quarter adjusted earnings of $0.70 per share, exceeding the $0.68 consensus estimate, while revenue of $312.44 million topped expectations of $306.61 million. Revenue increased 10.3% year over year, supporting the positive reaction. Five9 Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised the outlook for the third quarter, forecasting earnings of $0.77–$0.81 per share and revenue of $316 million–$322 million, above analyst estimates of $0.74 and $314.6 million, respectively. Five9 Q2 Sales Beat Estimates and Guidance Exceeds Expectations
• Positive Sentiment: Five9’s full-year 2026 earnings guidance of $3.22–$3.30 per share is well above the $2.88 analyst consensus, potentially prompting upward revisions to earnings estimates. Full-year revenue guidance was broadly in line with expectations. Five9 Earnings Guidance
• Positive Sentiment: Truist Financial raised its price target from $23 to $35 and assigned a buy rating, while Rosenblatt Securities increased its target from $29 to $32 and also maintained a buy rating. The target increases reinforce improving analyst sentiment following the earnings report. Analyst Price Target Revisions
• Neutral Sentiment: Although quarterly revenue grew, earnings declined from $0.76 per share in the year-earlier period to $0.70, indicating that profitability remains an important focus for investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on FIVN shares. Piper Sandler restated a “neutral” rating and set a $24.00 target price (up from $21.00) on shares of Five9 in a report on Friday, May 1st. UBS Group boosted their target price on Five9 from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Truist Financial increased their price target on shares of Five9 from $23.00 to $35.00 and gave the company a “buy” rating in a report on Friday. Needham & Company LLC reissued a “buy” rating and issued a $40.00 target price on shares of Five9 in a research report on Friday, May 1st. Finally, Jefferies Financial Group restated a “hold” rating on shares of Five9 in a research note on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $27.71.

Insider Activity at Five9

In related news, CRO Matthew E. Tuckness sold 8,645 shares of the stock in a transaction on 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 represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 Five9 stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $145,609.89. Following the completion of the transaction, the executive vice president directly owned 161,671 shares in the company, valued at approximately $4,011,057.51. This represents a 3.50% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 85,820 shares of company stock valued at $2,014,057. Corporate insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Five9

Several hedge funds and other institutional investors have recently bought and sold shares of FIVN. Van Berkom & Associates Inc. increased its stake in shares of Five9 by 28.0% in the 4th quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker’s stock valued at $72,107,000 after acquiring an additional 787,626 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Five9 by 8.2% in the fourth quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock valued at $201,250,000 after purchasing an additional 759,237 shares in the last quarter. Anson Funds Management LP boosted its holdings in Five9 by 35.6% during the 1st quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock worth $31,655,000 after acquiring an additional 547,304 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Five9 in the 2nd quarter worth about $10,429,000. Finally, Qube Research & Technologies Ltd grew its position in Five9 by 1,255.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 422,772 shares of the software maker’s stock worth $10,231,000 after purchasing an additional 391,590 shares in the last quarter. Institutional investors and hedge funds own 96.64% of the company’s stock.

Five9 Stock Performance

The company’s 50 day simple moving average is $23.75 and its 200 day simple moving average is $19.79. 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 stock has a market cap of $2.57 billion, a PE ratio of 50.97 and a beta of 1.42.

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.