Five9 (NASDAQ:FIVN) Price Target Cut to $19.00 by Analysts at Robert W. Baird

Posted by Defense World Staff on Feb 24th, 2026

Five9 (NASDAQ:FIVN – Free Report) had its target price cut by Robert W. Baird from $24.00 to $19.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a neutral rating on the software maker’s stock.

Several other brokerages also recently commented on FIVN. Morgan Stanley reduced their target price on Five9 from $30.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Mizuho reduced their price objective on shares of Five9 from $35.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday. Wall Street Zen upgraded shares of Five9 from a “buy” rating to a “strong-buy” rating in a report on Monday. Truist Financial cut their price target on shares of Five9 from $40.00 to $23.00 and set a “buy” rating on the stock in a report on Friday. Finally, Zacks Research downgraded shares of Five9 from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.12.

Read Our Latest Stock Report on FIVN

Five9 Stock Performance

Shares of NASDAQ FIVN opened at $17.74 on Monday. Five9 has a 1 year low of $15.70 and a 1 year high of $42.66. The firm has a market cap of $1.39 billion, a P/E ratio of 38.57, a PEG ratio of 0.98 and a beta of 1.32. The stock has a fifty day moving average price of $18.60 and a two-hundred day moving average price of $21.63. The company has a debt-to-equity ratio of 0.96, a quick ratio of 4.61 and a current ratio of 4.61.

Five9 (NASDAQ:FIVN – Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The software maker reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. Five9 had a return on equity of 11.21% and a net margin of 3.43%.The business had revenue of $300.28 million during the quarter, compared to analyst estimates of $298.21 million. During the same quarter in the prior year, the firm posted $0.79 earnings per share. The company’s 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. Research analysts forecast that Five9 will post 0.28 EPS for the current fiscal year.

Five9 declared that its Board of Directors has approved a share buyback plan on Tuesday, November 11th that authorizes the company to buyback $50.00 million in outstanding shares. This buyback authorization authorizes the software maker to repurchase up to 3.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In related news, CFO Bryan M. Lee sold 13,219 shares of Five9 stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $20.35, for a total transaction of $269,006.65. Following the completion of the sale, the chief financial officer owned 224,269 shares of the company’s stock, valued at approximately $4,563,874.15. This trade represents a 5.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael Burkland sold 17,992 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $20.35, for a total value of $366,137.20. Following the completion of the transaction, the chief executive officer owned 349,570 shares in the company, valued at $7,113,749.50. This trade represents a 4.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 65,339 shares of company stock worth $1,330,186. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Five9

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Five9 by 8.2% during the fourth quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock valued at $201,250,000 after acquiring an additional 759,237 shares in the last quarter. Voss Capital LP increased its stake in shares of Five9 by 40.0% during the 3rd quarter. Voss Capital LP now owns 4,550,000 shares of the software maker’s stock worth $110,110,000 after purchasing an additional 1,300,000 shares during the last quarter. Van Berkom & Associates Inc. raised its holdings in shares of Five9 by 28.0% during 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 purchasing an additional 787,626 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Five9 by 10.3% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,320,745 shares of the software maker’s stock valued at $56,162,000 after purchasing an additional 217,227 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Five9 by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker’s stock worth $40,034,000 after purchasing an additional 37,261 shares in the last quarter. Institutional investors own 96.64% of the company’s stock.

Key Headlines Impacting Five9

Here are the key news stories impacting Five9 this week:

Positive Sentiment: Q4 beat and strong AI momentum: Five9 reported better‑than‑expected Q4 results and said enterprise AI bookings doubled, which drove a sharp post‑earnings rally and bullish coverage from some commentators. Why Five9 (FIVN) Is Up 15.3% After Beating Q4 Estimates And Doubling Enterprise AI Bookings
Positive Sentiment: Contrarian bullish case: Analysis calls Five9 appealing for contrarian investors after the strong quarter, highlighting valuation and AI growth as catalysts if bookings sustain. After Strong Q4 Result, Five9 Looks Appealing For Contrarians
Positive Sentiment: Some buy/upgrades continue: Wall Street Zen raised Five9 to Strong‑Buy, and RBC Capital also published a buy view, signaling pockets of analyst conviction despite the broader pullback. Five9 (NASDAQ:FIVN) Raised to Strong-Buy at Wall Street Zen Five9 (FIVN) Receives a Buy from RBC Capital
Neutral Sentiment: Baird lowers target to $19 and sets Neutral: Robert W. Baird trimmed its price target to $19 and moved to a Neutral rating — a closer, more cautious stance that implies limited near‑term upside from current levels. Baird Lowers Price Target
Negative Sentiment: Multiple price‑target cuts: Several firms cut targets (examples: Wells Fargo to $20, UBS to $22, Truist to $23, Cantor Fitzgerald to $26, RBC to $25, Mizuho to $28, Canaccord to $33). Collectively these trims lower analyst expectations and are likely a primary reason for today’s downward pressure. Wells Fargo Cuts Five9 Price Target to $20 UBS Cuts Five9 Price Target to $22 Mizuho Cuts Five9 Price Target to $28

Five9 Company Profile

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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.