Five9 Stock News

Zacks Investment Research upgraded shares of Five9 (NASDAQ:FIVN) from a sell rating to a hold rating in a research note published on Wednesday, Zacks.com reports. 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 []

Shares of Five9, Inc. (NASDAQ:FIVN) have received a consensus rating of Buy from the twenty-three research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the company. The average 12 []

Five9, Inc. (NASDAQ:FIVN) has earned a consensus recommendation of Buy from the twenty-three analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have assigned a buy rating to the company. The average 1-year target []

While it is true a rise in COVID vaccinations means fewer people are working remotely and not in need of the videoconferencing service, enterprises remain committed to Zoom.

The networking giant posted a mixed quarter, with soft near-term guidance.

Man Group plc decreased its holdings in shares of Five9, Inc. (NASDAQ:FIVN) by 68.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,477 shares of the software makers stock after selling 18,232 shares during the period. Man Group plcs holdings in Five9 []

J.P. Morgan Stick to Their Hold Rating for Five9

Marshall Wace North America L.P. purchased a new stake in Five9, Inc. (NASDAQ:FIVN) during the second quarter, HoldingsChannel.com reports. The fund purchased 26,157 shares of the software makers stock, valued at approximately $4,797,000. Other institutional investors have also bought and sold shares of the company. Quadrant Capital Group LLC raised its stake in Five9 by []

Five9 (NASDAQ:FIVN) updated its fourth quarter 2021 earnings guidance on Monday. The company provided earnings per share guidance of $0.360-$0.370 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.340. The company issued revenue guidance of $164.50 million-$165.50 million, compared to the consensus revenue estimate of $157.75 million.Five9 also updated []

Is it finally time to buy Zoom stock again with its third quarter fiscal 2022 financial results due out on Monday, November 22?

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