FIVN Stock Recent News

Yesterday, Piper Sandler maintained its Overweight rating on Five9 (NASDAQ: FIVN) but slashed the price target to $35 from $47, signaling concerns over the company's ability to execute amidst economic challenges. This new target implies a modest 22% upside from Five9's current price, a sharp drop from prior expectations.

Editor's note: This story has been updated to correct price action at the time of publication.

Provider of Real-Time Accent Translation technology also launches free-forever Noise Cancellation globally Provider of Real-Time Accent Translation technology also launches free-forever Noise Cancellation globally

Five9, Inc. cut its FY 2024 top-line guidance by -3.8%, which implies that its revenue growth is expected to moderate from +16.9% in 2023 to +11.5% in 2024. But Five9 revised its 2024 EPS guidance upwards by +4.6% considering its cost control plans, and its Total Addressable Market might expand significantly if more clients adopt its Intelligent Virtual Agent solution. I have lowered my rating for FIVN stock to a Hold, considering the company's mixed prospects and the stock's fair valuations.

Five9, Inc.  FIVN shares are trading lower today. Several analysts lowered the price target on the stock following an annual guidance cut due to recent booking trends and economic uncertainty.

Five9, Inc. (NASDAQ:FIVN ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Mike Burkland - CEO and Chairman Dan Burkland - President Barry Zwarenstein - Chief Financial Officer Conference Call Participants Ryan MacWilliams - Barclays Scott Berg - Needham Matt VanVliet - BTIG Arjun Bhatia - William Blair Jim Fish - Piper Sandler Siti Panigrahi - Mizuho Terry Tillman - Truist Securities DJ Hynes - Canaccord Taylor McGinnis - UBS Peter Levine - Evercore Meta Marshall - Morgan Stanley Samad Samana - Jefferies Michael Funk - Bank of America Catharine Trebnick - Rosenblatt Operator Thank you for joining us today. On the call are Mike Burkland, Chairman and CEO, Dan Burkland, President, and Barry Zwarenstein, CFO.

Five9 (FIVN) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.52 per share a year ago.

SAN RAMON, Calif.--(BUSINESS WIRE)--Five9, (NASDAQ: FIVN), provider of the Intelligent CX Platform, today announced the latest addition to the Five9 Genius AI Suite, including the four-step Five9 Genius AI process, a strategic approach to deliver fully customizable, AI-elevated CX across the customer journey. This process allows companies to quickly identify the high value cases for AI, implement and deploy them, and ultimately realize ROI sooner, all with the support and guidance of Five9 expe.

SAN RAMON, Calif.--(BUSINESS WIRE)--Five9 (NASDAQ: FIVN), the Intelligent CX Platform provider, today announced it has entered into a definitive agreement to acquire Acqueon, a pioneering real-time revenue execution platform. Adding Acqueon's capabilities to Five9's Intelligent CX Platform is a big step toward realizing Five9's ambition to become the orchestration engine for every interaction across the entire customer journey, including marketing, e-commerce, sales and customer service. Throug.

MINNEAPOLIS--(BUSINESS WIRE)--Calabrio, a leading workforce performance company, is excited to announce a next-generation integration with Five9, provider of the Intelligent CX Platform. As a Five9 Select partner, Calabrio now offers Quality Management (QM) and Analytics capabilities powered by Five9 VoiceStream, a new real-time audio and metadata streaming service. "Our customers' success drives Calabrio's continued investment in innovation. Five9 shares this dedication to helping businesses t.