Why Five9 Stock Zoomed Almost 4% Higher Today [Yahoo! Finance]
Five9, Inc. (FIVN)
Last five9, inc. earnings: 2/19 04:05 pm
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US:NASDAQ Investor Relations:
investors.five9.com/investor-relations
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Source: Yahoo! Finance
Tuesday, one analyst tracking the company pointed out that it could benefit strongly from catering to such a user base. Investors clearly took this argument to heart, as they ended up piling in to Five9 shares and sending them nearly 4% higher in price. Teens like to use their phones for customer support That analyst was Piper Sandler 's James Fish. In his latest take on Five9 stock, he reiterated his overweight (buy, in other words) recommendation and $86 per-share price target. At that level, Fish is anticipating a nearly 40% rise in price. In the note, the Piper Sandler prognosticator opined that around 50% of teenage consumers still prefer to use their phones for customer service functions. Such solutions are Five9's wheelhouse, so if Fish is accurate and this trend holds, it could be quite the foundation for the company's business. He did sound a warning, however, writing that "Concern remains around whether net-agent count in the market begins to contract, especially wit
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FIVN
News
- Five9, Inc. (NASDAQ: FIVN) had its price target lowered by analysts at Rosenblatt Securities from $90.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
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- Five9, Inc. (NASDAQ: FIVN) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $90.00 to $75.00. They now have a "buy" rating on the stock.MarketBeat
- Q4 Earnings Recap: Zoom (NASDAQ:ZM) Tops Video Conferencing Stocks [Yahoo! Finance]Yahoo! Finance
FIVN
Earnings
- 2/21/24 - Beat
FIVN
Sec Filings
- 4/3/24 - Form ARS
- 4/1/24 - Form DEFA14A
- 4/1/24 - Form 8-K
- FIVN's page on the SEC website