Five9 (FIVN) : 7 analysts are covering Five9 (FIVN) and their average rating on the stock is 1.43, which is read as a Strong Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Five9 (FIVN) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Five9 (FIVN) : 8 Wall Street analysts covering Five9 (FIVN) believe that the average level the stock could reach for the short term is $12.69. The maximum price target given is $16 and the minimum target for short term is around $11, hence the standard deviation is calculated at $2.31.
For the current week, the company shares have a recommendation consensus of Buy.
Five9 (NASDAQ:FIVN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.88 and $11.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.33, notching a gain of 1.82% for the day. The total traded volume was 1,169,737 . The stock had closed at $12.11 on the previous day.
Five9 Inc. (Five9) is a provider of cloud software for contact centers. The Companys 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 Companys 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 Companys 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.