The consensus price target hints at a 29.8% upside potential for Five9 (FIVN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Cloud-based contact center specialist Five9 (FIVN 6.04%) reported fourth-quarter results on Thursday evening. The company breezed past Wall Street's estimates across the board, and the stock opened Friday's trading session 19.7% higher.
Five9 (FIVN -0.31%), a leader in cloud-based contact center solutions, unveiled its fourth quarter 2024 financial results on February 20, 2025.
Five9, Inc. (NASDAQ:FIVN ) Q4 2024 Earnings Conference Call February 20, 2025 4:30 PM ET Company Participants Mike Burkland - Chairman & Chief Executive Officer Andy Dignan - Chief Operating Officer Barry Zwarenstein - Chief Financial Officer Conference Call Participants Ryan MacWilliams - Barclays David Hynes - Canaccord Michael Turrin - Wells Fargo Siti Panigrahi - Mizuho Scott Berg - Needham Peter Levine - Evercore Taylor McGinnis - UBS Meta Marshall - Morgan Stanley Quinton Gabrielli - Piper Sandler Thomas Blakey - Cantor Fitzgerald Michael Funk - Bank of America Merrill Lynch Arjun Bhatia - William Blair Operator Thank you for joining us today. Certain statements made during the course of this conference call that are not historical facts including those regarding the future financial performance and cash position of the company, expected improvements in financial and related metrics, expected ARR from certain customers, certain expected revenue mix shifts, customer growth, anticipated customer benefits from our solution, including from AI, the extent of the anticipated TAM expansion and our ability to take advantage of any such expansion, our AI revenue opportunities and current estimations regarding same, company growth, enhancements to and development of our solution, market size and trends, our expectations regarding macroeconomic conditions, company market position, initiatives and expectations, technology and product initiatives, including investment in R&D and other future events or results are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Five9 (FIVN) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.61 per share a year ago.
FIVN's strong AI momentum, accelerating subscription growth and expanding margins make it a compelling buy ahead of Q4 results.
FIVN's premium valuation at 31.77x EV/EBITDA signals caution despite strong AI growth. Consider waiting for better entry points in 2025 as multiples normalize.
Five9, Inc. is a contrarian growth stock in the AI-driven cloud software sector, trading well below its 52-week high. The company leverages AI to enhance call center operations, and is improving that AI through acquisitions like Aceyus and Acqueon. Despite GAAP losses, Five9 shows strong revenue growth, improving margins, and consistent earnings beats, suggesting it is undervalued.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Five9, Inc. (NASDAQ:FIVN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
Five9 (FIVN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Five9, Inc. (NASDAQ:FIVN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Five9, Inc. (NASDAQ:FIVN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.