Analysts’ Weekly Ratings Changes for Five9 (FIVN)
Several analysts have recently updated their ratings and price targets for Five9 (NASDAQ: FIVN):
- 1/30/2016 – Five9 was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Five9 provides cloud software for contact centers. The Company offers software products such as workforce management, speech recognition, predictive dialer, and voice applications. It offers virtual contact center cloud platform that acts as the hub for interactions between its clients and their customers, enabling contact center operations focused on inbound or outbound customer interactions in a single unified architecture. The Company serves customers in various industries, including banking and financial services, business process outsourcers, consumer, healthcare, and technology. Five9, Inc. is headquartered in San Ramon, California. “
- 1/26/2016 – Five9 was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $8.25 price target on the stock. According to Zacks, “Five9 provides cloud software for contact centers. The Company offers software products such as workforce management, speech recognition, predictive dialer, and voice applications. It offers virtual contact center cloud platform that acts as the hub for interactions between its clients and their customers, enabling contact center operations focused on inbound or outbound customer interactions in a single unified architecture. The Company serves customers in various industries, including banking and financial services, business process outsourcers, consumer, healthcare, and technology. Five9, Inc. is headquartered in San Ramon, California. “
- 1/14/2016 – Five9 was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Five9 provides cloud software for contact centers. The Company offers software products such as workforce management, speech recognition, predictive dialer, and voice applications. It offers virtual contact center cloud platform that acts as the hub for interactions between its clients and their customers, enabling contact center operations focused on inbound or outbound customer interactions in a single unified architecture. The Company serves customers in various industries, including banking and financial services, business process outsourcers, consumer, healthcare, and technology. Five9, Inc. is headquartered in San Ramon, California. “
- 1/14/2016 – Five9 had its “buy” rating reaffirmed by analysts at Barclays.
- 1/13/2016 – Five9 was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $9.25 price target on the stock. According to Zacks, “Five9 provides cloud software for contact centers. The Company offers software products such as workforce management, speech recognition, predictive dialer, and voice applications. It offers virtual contact center cloud platform that acts as the hub for interactions between its clients and their customers, enabling contact center operations focused on inbound or outbound customer interactions in a single unified architecture. The Company serves customers in various industries, including banking and financial services, business process outsourcers, consumer, healthcare, and technology. Five9, Inc. is headquartered in San Ramon, California. “
- 1/6/2016 – Five9 had its price target raised by analysts at Barclays from $7.00 to $11.00. They now have an “overweight” rating on the stock.
- 1/4/2016 – Five9 is now covered by analysts at Northland Securities. They set an “outperform” rating and a $14.00 price target on the stock.
Shares of Five9 Inc (NASDAQ:FIVN) traded down 0.12% on Tuesday, reaching $8.40. The company had a trading volume of 163,684 shares. Five9 Inc has a 12 month low of $3.48 and a 12 month high of $9.06. The company’s market capitalization is $424.23 million. The stock has a 50 day moving average price of $7.93 and a 200-day moving average price of $5.53.
Five9 Inc. (NASDAQ:FIVN) is a provider of cloud software for contact centers. The Company’s purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales and marketing functions. The Company facilitates over three billion interactions between its 2,000 clients and clients’ customers per year. The Company’s solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, email, Web, social media and mobile channels, either directly or through its application programming interface. The Company’s VCC cloud platform matches each customer interaction with an appropriate agent resource and delivers relevant customer data to the agent in real-time through integrations with adjacent enterprise applications, such as customer relationship management (CRM) software.
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