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Stock impact report

Needham Reaffirms Buy on Five9 (FIVN) Following Leadership Transition [Yahoo! Finance]

Five9, Inc. (FIVN) 
Last five9, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.five9.com/investor-relations
Company Research Source: Yahoo! Finance
The rating affirmation follows Five9's appointment of a new CEO, which the firm views as largely positive for scaling and AI product momentum. On Wednesday, December 17, Five9 announced the appointment of Amit Mathradas as the company's next CEO, succeeding long-time CEO Mike Burkland. Mathradas will assume duties as CEO effective February 2, 2026. Five9 didn't provide any updated financial guidance along with this announcement, citing the recency of its earnings report. However, the firm noted that it plans on hosting an investor day in 2026 that will provide details on the company's strategy and long-term financial outlook. Needham analyst Scott Berg views the appointment as largely positive, citing their previous experience working with Mathradas. “We have experience working with Mr. Mathradas during his tenure with Avalara and view the appointment as positive, given Mr. Mathradas' experience scaling enterprise software businesses & driving AI-led product innovation.” Fiv Show less Read more
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