The Five9 Inc (FIVN) share price is expected to increase by 66.31% over the next year. This is based on calculating the average 12-month share price estimate provided by 10 stock analysts who have covered FIVN. Price targets range from $35 at the low end to $67 at the high end. The current analyst consensus for FIVN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
FIVN is a stock in Technology which has been forecasted to be worth $51.49 as an average. On the higher end, the forecast price is $67 USD by Richard Baldry from Roth MKM and on the lower end FIVN is forecasted to be $35 by from .
These are the latest 20 analyst ratings of FIVN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Michael Turrin Wells Fargo | Overweight | $55 | Maintains | Oct 23, 2024 |
Lauren Lieberman Morgan Stanley | Equal-Weight | $37 | Maintains | Oct 15, 2024 |
Terry Tillman Truist Securities | Buy | $65 | Maintains | Aug 27, 2024 |
Scott Berg Needham | Buy | $48 | Reiterates | Aug 21, 2024 |
James Fish Piper Sandler | Overweight | $47 | Reiterates | Aug 21, 2024 |
Matt VanVliet BTIG | Buy | $45 | Maintains | Aug 9, 2024 |
Terry Tillman Truist Securities | Buy | $65 | Maintains | Aug 9, 2024 |
Needham | Buy | Maintains | Aug 9, 2024 | |
Ryan Macwilliams Barclays | Overweight | $55 | Maintains | Aug 9, 2024 |
Catharine Trebnick Rosenblatt | Buy | $70 | Maintains | Aug 9, 2024 |
James Fish Piper Sandler | Overweight | $47 | Maintains | Aug 9, 2024 |
Richard Baldry Roth MKM | Buy | $67 | Maintains | Aug 9, 2024 |
Michael Turrin Wells Fargo | Overweight | $65 | Maintains | Aug 9, 2024 |
Michael Latimore Northland Capital Markets | Outperform | $50 | Maintains | Aug 9, 2024 |
William Power Baird | Neutral | $40 | Downgrade | Aug 9, 2024 |
Nikolay Beliov B of A Securities | Buy | $63 | Upgrade | Aug 5, 2024 |
Ryan Macwilliams Barclays | Overweight | $75 | Maintains | Jul 25, 2024 |
James Fish Piper Sandler | Overweight | $58 | Maintains | Jul 10, 2024 |
Lauren Lieberman Morgan Stanley | Equal-Weight | $50 | Maintains | Jun 14, 2024 |
Michael Turrin Wells Fargo | Overweight | $80 | Maintains | Jun 10, 2024 |
When did it IPO
2014
Staff Count
2,684
Country
United States
Sector/Industry
Technology/Software - Infrastructure
CEO
Mr. Michael Burkland M.B.A.
Market Cap
$2.21B
In 2023, FIVN generated $910.5M in revenue, which was a increase of 16.90% from the previous year. This can be seen as a signal that FIVN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Five9 (NASDAQ: FIVN) has been recognized by Gartner as a Leader in the Magic Quadrant for Contact Center as a Service, highlighting its strong vision and execution capabilities.
Why It Matters - Five9's recognition by Gartner as a Leader enhances its credibility, potentially boosting investor confidence and driving stock performance due to expected growth in the CCaaS market.
Summary - Five9 (NASDAQ: FIVN) has been named a Leader by Gartner in the Magic Quadrant for Contact Center as a Service, recognized for its Completeness of Vision and Ability to Execute.
Why It Matters - Five9's recognition as a Leader by Gartner enhances its credibility, potentially driving stock growth and attracting new customers, which could improve financial performance.
Summary - Five9 has appointed Ajay Awatramani as Chief Product Officer. He brings 25 years of experience and will lead the companyโs product strategy focusing on AI and customer experience enhancements.
Why It Matters - The appointment of a seasoned CPO like Ajay Awatramani may lead to enhanced product innovation and strategy at Five9, potentially boosting growth and competitiveness in the AI and CX markets.
Summary - Five9's 2Q24 revenue reached $252M, up 13% YoY and 2.02% QoQ, with stable margins. AI adoption could expand its TAM by 30%. The Acqueon acquisition will boost outbound services and AI.
Why It Matters - Five9's revenue growth, stable margins, and enhanced AI capabilities from the Acqueon acquisition signal strong future performance, expanding its market potential and financial health.
Summary - Five9, Inc. (Nasdaq: FIVN) will announce its Q3 2024 financial results on November 7, 2024, at 4:30 p.m. ET. A live webinar and replay will be accessible post-event.
Why It Matters - Five9's upcoming earnings call on November 7 will provide insights into its financial performance and growth potential, impacting investor sentiment and stock valuation.
Summary - Legion Partners has acquired a stake in Five9 and is seeking a board seat along with cost reductions, marking it as the second activist investor in the company.
Why It Matters - Legion Partners' stake in Five9 and push for cost cuts signal potential operational changes, likely impacting profitability and stock performance, attracting investor attention.