Ultime notizie per Five9 (NASDAQ:FIVN) Azioni

Five9

Five9 offers cloud-native contact center software enabling digital customer service, sales, and marketing engagement. The company's Virtual Contact Center platform combines core telephony functionality, omnichannel engagement, and various modules into a unified cloud contact-center-as-a-service, or CCaaS, platform. Five9's modules include digital self-service, agent assist technology, workflow automation, as well as workforce optimization solutions that optimize call center efficiency, and manage interaction quality and agent performance.

FIVE9, INC.

Long Ideas

News

Pre-Market Outlook

Markets

Trading Ideas

EGAN

FIVN

Scopri le 3 azioni tecnologiche più sottovalutate da acquistare a settembre per opportunità di guadagno immediato.

3 azioni tecnologiche che non dovreste perdervi a settembre

Five9 Inc

Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) has been analyzed by 16 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Five9, presenting an average target of $55.44, a high estimate of $75.00, and a low estimate of $37.00. A 27.35% drop is evident in the current average compared to the previous average price target of $76.31. 
<img src="https://www.benzinga.com/files/images/story/2024/1729004417_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Five9 among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Lauren Lieberman</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$37.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Terry Tillman</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$65.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>James Fish</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$48.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Lowers</td>
<td>Buy</td>
<td>$70.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$48.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Michael Latimore</td>
<td>Northland Capital Markets</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$50.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Matt VanVliet</td>
<td>BTIG</td>
<td>Lowers</td>
<td>Buy</td>
<td>$45.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$65.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Richard Baldry</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Buy</td>
<td>$67.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>James Fish</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Ryan Macwilliams</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$55.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Terry Tillman</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$65.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>William Power</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Nikolay Beliov</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$63.00</td>
<td>$63.00</td>
</tr>
<tr>
<td>Ryan Macwilliams</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$75.00</td>
<td>$95.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Five9. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Five9 compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Five9's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Five9's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/FIVN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Five9 analyst ratings.</a>
<h2>Delving into Five9's Background</h2>
Five9 offers cloud-native contact center software enabling digital customer service, sales, and marketing engagement. The company's Virtual Contact Center platform combines core telephony functionality, omnichannel engagement, and various modules into a unified cloud contact-center-as-a-service, or CCaaS, platform. Five9's modules include digital self-service, agent assist technology, workflow automation, as well as workforce optimization solutions that optimize call center efficiency, and manage interaction quality and agent performance.
<h3>Breaking Down Five9's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Five9's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 13.1%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Five9's net margin is impressive, surpassing industry averages. With a net margin of -5.08%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Five9's ROE excels beyond industry benchmarks, reaching -2.54%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Five9's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.68%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.3, caution is advised due to increased financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

What 16 Analyst Ratings Have To Say About Five9

Morgan Stanley analyst Lauren Lieberman maintains Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) with a Equal-Weight and lowers the price target from $45 to $37.

Price Target

Morgan Stanley Maintains Equal-Weight on Five9, Lowers Price Target to $37

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$135.00</td>
<td>$39.7K</td>
<td>78.6K</td>
<td>215.3K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$165.00</td>
<td>$29.2K</td>
<td>6.5K</td>
<td>21.4K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$45.00</td>
<td>$37.2K</td>
<td>19.2K</td>
<td>17.4K</td>
</tr>
<tr>
<td>ZM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$74.00</td>
<td>$39.7K</td>
<td>83</td>
<td>13.8K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$106.00</td>
<td>$25.6K</td>
<td>3.8K</td>
<td>8.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$65.00</td>
<td>$34.4K</td>
<td>2.2K</td>
<td>3.1K</td>
</tr>
<tr>
<td>FIVN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$40.00</td>
<td>$49.1K</td>
<td>84</td>
<td>2.5K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$130.00</td>
<td>$26.1K</td>
<td>3.8K</td>
<td>2.0K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$23.50</td>
<td>$46.0K</td>
<td>4.8K</td>
<td>1.8K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$415.00</td>
<td>$59.2K</td>
<td>3.7K</td>
<td>1.5K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on October 11, 2024. Parties traded 284 contract(s) at a $135.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $39.7K, with a price of $140.0 per contract. There were 78645 open contracts at this strike prior to today, and today 215392 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on October 11, 2024. Parties traded 117 contract(s) at a $165.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $250.0 per contract. There were 6528 open contracts at this strike prior to today, and today 21490 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on October 18, 2024. Parties traded 633 contract(s) at a $45.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $37.2K, with a price of $59.0 per contract. There were 19253 open contracts at this strike prior to today, and today 17445 contract(s) were bought and sold. 
• For ZM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>), we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on October 18, 2024. This event was a transfer of 984 contract(s) at a $74.00 strike. This particular call needed to be split into 66 different trades to become filled. The total cost received by the writing party (or parties) was $39.7K, with a price of $40.0 per contract. There were 83 open contracts at this strike prior to today, and today 13824 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option trade that happens to be bullish, expiring in 1 day(s) on October 11, 2024. This event was a transfer of 200 contract(s) at a $106.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $128.0 per contract. There were 3806 open contracts at this strike prior to today, and today 8992 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with bearish sentiment. It expires in 22 day(s) on November 1, 2024. Parties traded 983 contract(s) at a $65.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $35.0 per contract. There were 2264 open contracts at this strike prior to today, and today 3102 contract(s) were bought and sold. 
• Regarding FIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), we observe a call option trade with neutral sentiment. It expires in 71 day(s) on December 20, 2024. Parties traded 546 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $49.1K, with a price of $90.0 per contract. There were 84 open contracts at this strike prior to today, and today 2513 contract(s) were bought and sold. 
• Regarding SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we observe a call option sweep with bearish sentiment. It expires in 36 day(s) on November 15, 2024. Parties traded 55 contract(s) at a $130.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $475.0 per contract. There were 3848 open contracts at this strike prior to today, and today 2023 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on October 18, 2024. Parties traded 590 contract(s) at a $23.50 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $46.0K, with a price of $78.0 per contract. There were 4807 open contracts at this strike prior to today, and today 1812 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on October 18, 2024. Parties traded 100 contract(s) at a $415.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $59.2K, with a price of $596.0 per contract. There were 3716 open contracts at this strike prior to today, and today 1551 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

INTC

MSFT

NVDA

PLTR

SMCI

SNOW

10 Information Technology Stocks Whale Activity In Today's Session

WIIM

Five9 shares are trading higher after the company announced it expanded its global presence through new data centers in Delhi and Mumbai. Additionally, the company secured a DOT certification to offer access and long-distance services in India.

Five9 Expands Global Presence With New Data Centers In Delhi And Mumbai, Secures DOT Certification To Offer Access And Long-Distance Services In India; Enhances Regional Telephony And Network Capabilities To Support Multi-National Enterprises

Nice&lsquo;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nice#NASDAQ">NICE</a>) shares have declined 14.2% in the year-to-date period compared with the Zacks Internet-Software industry&#39;s growth of 25.3% and the broader Zacks Computer &amp; Technology sector&#39;s return of 24.2%.
The underperformance can be attributed to strong competition from other industry players like Five9 (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fivn#NASDAQ">FIVN</a>), Salesforce and 8X8, who are expanding their portfolio in the CX market.
In June, Five9 announced an enhanced collaboration with Salesforce, integrating AI-powered solutions to enhance customer experiences in contact centers through real-time agent guidance and conversation intelligence.
However, NICE&#39;s growing client base and increased demand for its solutions will help the company fend off competition from other industry players who are also fortifying their presence in the CX market.
<div class="chart_embed">
<h2>Nice Price and Consensus</h2>
<img alt="Nice Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/51/1728313115.png" style="height:278px; width:620px" title="" />
Nice price-consensus-chart | Nice Quote
</div>
<h2>Can Strong Product Portfolio Aid NICE&#39;s Customer Base?</h2>
NICE&#39;s diverse portfolio, featuring solutions like Actimize, Evidencentral, CXone, and Inform Elite, has been gaining popularity. The company&#39;s focus on its cloud offerings, particularly its CXone platform, has been a major growth driver.
During the second quarter of 2024, it reported cloud revenues of $482 million, up 26% year over year. The uptick reflects the growing demand for cloud-native solutions, which are being adopted across various industries.
NICE recently announced that Banco PAN, a digital banking platform in Brazil, achieved a 25% improvement in first-call resolution and a 20% reduction in operational costs by implementing the NICE CXone cloud-native platform.
The company&#39;s diverse portfolio is also helping it attract new customers. Its partnerships with AT&amp;T (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/t#NYSE">T</a>) and Microsoft&nbsp;have been a key catalyst.
In August, NICE expanded its collaboration with AT&amp;T to offer a unified incident capture and data analytics solution for NextGen 9-1-1 centers, showcasing it at APCO 2024.
A deepening partnership with Microsoft is noteworthy. The collaboration has led to the integration of its NTR-X Compliance Recording and Assurance Solution into the Microsoft Azure Marketplace, providing a robust, cloud-ready compliance platform within the NICE Compliancentral suite.
<h2>Estimate Revisions Are Positive</h2>
Nice&#39;s efforts to enhance its customer experience with its robust cloud solutions are expected to drive top-line growth.
For third-quarter 2024, NICE projects non-GAAP revenues to be between $676 million and $686 million, indicating 13% year-over-year growth at the midpoint. Non-GAAP earnings are estimated in the $2.62-2.72 per share band, suggesting 18% year-over-year growth at the midpoint.
The Zacks Consensus Estimate for revenues is pegged at $682.67 million, indicating 13.52% growth year over year. The consensus mark for earnings is pegged at $2.68 per share, unchanged in the past 30 days. The figure calls for a year-over-year increase of 18.06%.
<h2>Here&#39;s What Investors Should do With NICE Stock</h2>
Despite a strong pipeline of its solutions, NICE has been suffering from the foreign exchange headwinds in the APAC market. The stiff competition is also expected to hurt the company&#39;s top-line growth.
The forward 12-month Price/Sales ratio for Nice stands at 4.42, higher than its Zacks Internet-Software industry&#39;s 3.35, reflecting a stretched valuation.
Nice currently carries a Zacks Rank #3 (Hold), which suggests that it may be wise to wait for a more favorable entry point in the stock.
<a href="https://www.zacks.com/stock/news/2347039/nice-plunges-14-year-to-date-how-should-investors-play-the-stock?cid=CS-BENZ-FT-analyst_blog|rank_focused-2347039">To read this article on Zacks.com click here.</a>

Earnings

Large Cap

Mid Cap

Offerings

Tech

NICE

NICE Plunges 14% Year to Date: How Should Investors Play the Stock?

VRNT

Verint And Five9 Expand Partnership To Deliver AI-Driven Customer Experiences With New Cloud-To-Cloud Platform Integration

The Federal Reserve&#8217;s decision to cut rates by a <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40926026/federal-reserve-delivers-bold-0-5-rate-cut-signals-further-easing-ahead">hefty 0.5% on Wednesday</a> should be helpful to small- to medium-sized companies in the cloud computing space by making it easier for them to refinance debt, according to an analyst.
Piper Sandler analyst James Fisher pointed to five such firms in particular that may benefit the most, given their heavy debt loads: Bandwidth, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAND#NASDAQ">BAND</a>), DigitalOcean Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCN#NYSE">DOCN</a>), Fastly, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>), RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>), and Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>).
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40878710/investors-bet-on-50-basis-point-rate-cut-wall-street-analysts-urge-caution-this-is-">Investors Bet On 50-Basis-Point Rate Cut, Wall Street Analysts Urge Caution: &#8216;This Is A Low-Conviction Fed&#8217;</a>
&#8220;A few names in our coverage will need to refinance debt over the next few years,&#8221; he wrote in a note on Wednesday.
He noted Bandwidth has $250 million in debt coming due in March 2026 and DigitalOcean has $1.5 billion in debt maturing in December 2026. He also pointed out Fastly needs to pay up $347 million by March 2026 and RingCentral has $609 million in debt coming due in March 2026.
He said lower interest rates may better help these companies better assume the interest costs on their debt.
Price Action: These companies all saw gains into Thursday&#8217;s late-morning trading.
<ul>
<li>Bandwidth rose 1.61% to $17.64</li>
<li>Digital Ocean gained 2.38% to $41.75</li>
<li>Fastly picked up 2.98% to $7.25</li>
<li>RingCentral went up 2.04% to $30.70</li>
<li>Five9 went up 2% to $29.09</li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40937291/bank-stocks-hit-inflection-point-after-feds-50-basis-point-cut-analyst-reveal-top-p">Bank Stocks Hit Inflection Point After Fed&#8217;s 50 Basis Point Cut, Analyst Reveals Top Picks</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Federal Reserve

BAND

DOCN

FSLY

Fed Rate Cut Eases Debt Refinancing For Smaller Cloud Computing Firms: Analyst Flags 5 Stocks To Watch

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">eGain Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>)</h3>
<ul>
<li>On Sept. 5, eGain reported fourth-quarter financial results and issued FY25 adjusted EPS guidance below estimates. &#8220;As businesses invest in Gen AI at scale, our AI Knowledge Hub helps deliver trusted answers for customer service, reducing cost and improving experience,&#8221; said Ashu Roy, eGain&#8217;s CEO. &#8220;As a result, new logo wins and RFPs for AI Knowledge were up 50 percent in fiscal 2024, and we are investing into this growing market opportunity for AI Knowledge.&#8221; The company's stock fell around 26% over the past five days and has a <a href="https://www.benzinga.com/quote/EGAN">52-week low of $4.81</a>.</li>
<li>RSI Value: 25.80</li>
<li>EGAN Price Action: Shares of eGain fell 4.1% to close at $4.90 on Wednesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1">latest EGAN news.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063831/image-1-25.png" alt="" class="wp-image-544207" style="width:681px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063831/image-1-25.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063831/image-1-25-300x282.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063831/image-1-25-768x721.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
<h3 class="wp-block-heading">Five9 Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Aug. 8, Five9 reported second-quarter 2024 results. Revenue was $252.1 million, beating the consensus of $245.2 million. Mike Burkland, Chairman and CEO,said, "We are pleased to report strong second quarter results, achieving a key milestone with annual revenue run rate exceeding $1 billion, primarily driven by LTM enterprise subscription revenue growing 21% year-over-year." The company's stock fell around 16% over the past month. It<a href="https://www.benzinga.com/quote/FIVN"> has a 52-week low</a> of $26.60.</li>
<li>RSI Value: 26.38</li>
<li>FIVN Price Action: Shares of Five9 rose 1.3% to close at $27.33 on Wednesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1">trend in FIVN stock. </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="840" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063907/image-96.png" alt="" class="wp-image-544208" style="width:673px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063907/image-96.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063907/image-96-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063907/image-96-768x707.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<h3 class="wp-block-heading">RingCentral Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>)</h3>
<ul>
<li>On Sept. 3, RingCentral announced that CFO Sonalee Parekh will resign. Vlad Shmunis, Founder, Chairman and CEO of RingCentral, said, &#8220;On behalf of the Board and our entire team, I want to thank Sonalee for her many contributions to RingCentral, particularly improved profitability and free cash flow. She has been a trusted partner, and we wish her all the best in her future endeavors.&#8221; The company's shares fell around 12% over the past month and has a 52-week<a href="https://www.benzinga.com/quote/RNG"> low of $25.08</a>.</li>
<li>RSI Value: 29.93</li>
<li>RNG Price Action: Shares of RingCentral rose 0.9% to close at $28.00 on Wednesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1">breakout in RNG shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="890" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063934/image-1-26.png" alt="" class="wp-image-544209" style="width:658px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063934/image-1-26.png 890w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063934/image-1-26-300x285.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12063934/image-1-26-768x730.png 768w" sizes="(max-width: 890px) 100vw, 890px" /></a></figure>
Read More:<a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well"> </a>
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well">Jim Cramer: &#8216;Not The Time To Own Oil,&#8217; When Asked About Exxon Mobil; Says IBM Is &#8216;Performing Well&#8217;</a></li>
</ul>

Top 3 Tech Stocks You'll Regret Missing In September

Nice (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nice#NASDAQ">NICE</a>) shares have risen 4.3% in the past month, outperforming the Zacks Computer &amp; Technology sector&#39;s decline of 2.2%.
The upside can be attributed to Nice&#39;s diverse portfolio, which is helping it gain new customers. Actimize, Evidencentral, CXone and Inform Elite are some of the solutions that have been gaining popularity. NICE&#39;s focus on its Evidencentral platform has been a key catalyst.
Nice recently announced that the Pinal County Attorney&#39;s Office in Arizona would be adopting its NICE Justice digital evidence management solution, part of the AI-driven Evidencentral platform.
The latest development aims to transform how the office handles digital evidence, providing a streamlined, cloud-based system that enhances efficiency and service delivery.&nbsp;
<div class="chart_embed">
<h3>Nice Price and Consensus</h3>
<img alt="Nice Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/ce/1725976878.png" style="height:278px; width:620px" title="" />
Nice price-consensus-chart | Nice Quote
With its AI-powered features for object detection, automated case building and evidence management, NICE Justice will ease the burden on Pinal County&#39;s legal professionals, enabling them to focus more on its core mission of providing exceptional legal representation and ensuring community safety.
However, does the strong portfolio and expanding clientele make the NICE stock attractive? Let&#39;s look at its fundamentals.
</div>
<h2>Robust Portfolio Boosts Nice&#39;s Prospects</h2>
NICE&#39;s expanding portfolio has been a major growth driver of its success. In August, NICE announced that the Augusta (Georgia) Judicial Circuit DA&#39;s Office would deploy NICE Justice to expedite case processing and enhance digital evidence management.
Nice has a diverse portfolio, which is helping it gain new customers. Its partnerships with AT&amp;T (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/t#NYSE">T</a>) and Microsoft have been a key catalyst.
NICE recently expanded its collaboration with AT&amp;T to offer a unified incident capture and data analytics solution for NextGen 9-1-1 centers, showcasing it at APCO 2024.
A deepening partnership with Microsoft is noteworthy. NTR-X Compliance Recording and Assurance Solution has secured transactable solution status in Microsoft&#39;s Azure Marketplace.
NICE&#39;s expanding cloud offerings, mainly its CXone platform, are a plus. During the second quarter of 2024, it reported cloud revenues of $482 million, up 26% year over year.
NICE&#39;s policy of frequently updating its portfolio has been a key catalyst as it aids in fending off competitors from other industry players like Five9 (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fivn#NASDAQ">FIVN</a>), Salesforce and 8X8, who are also expanding their portfolio in the CX market.
In June, Five9 announced an enhanced collaboration with Salesforce, integrating AI-powered solutions to improve customer experiences in contact centers.
<h2>NICE&#39;s Q3 Guidance Positive</h2>
Nice&#39;s efforts to enhance its customer experience with its robust cloud solutions are expected to drive top-line growth.
For the third quarter of 2024, NICE projects non-GAAP revenues to be between $676 million and $686 million, calling for 13% year-over-year growth at the midpoint. Non-GAAP earnings are estimated in the $2.62-2.72 per share band, suggesting 18% year-over-year growth at the midpoint.
The Zacks Consensus Estimate for revenues is pegged at $682.67 million, indicating 13.52% growth year over year. The consensus mark for earnings is pegged at $2.68 per share, increased by a penny over the past 30 days, indicating an 18.06 % year-over-year increase.
<h2>Here&#39;s What Investors Should do With NICE Stock</h2>
Despite Nice&#39;s strong portfolio and growing client base, the foreign exchange headwinds in the APAC market and stiff competition are major concerns.
The forward 12-month Price/Sales ratio for Nice stands at 4.18, higher than its Zacks Computers - IT Services sector&#39;s 2.99, reflecting a stretched valuation.
Nice currently carries Zacks Rank #3 (Hold), which suggests that it may be wise to wait for a more favorable entry point in the stock.
<a href="https://www.zacks.com/stock/news/2334116/nice-wins-pinal-county-deal-should-you-buy-hold-or-sell-the-stock?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2334116">To read this article on Zacks.com click here.</a>

Guidance

NICE Wins Pinal County Deal: Should You Buy, Hold or Sell the Stock?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$105.00</td>
<td>$30.9K</td>
<td>22.8K</td>
<td>69.4K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$34.50</td>
<td>$246.4K</td>
<td>2.3K</td>
<td>6.0K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$90.00</td>
<td>$161.7K</td>
<td>7.4K</td>
<td>4.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$140.00</td>
<td>$49.8K</td>
<td>2.6K</td>
<td>1.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$405.00</td>
<td>$27.7K</td>
<td>252</td>
<td>1.5K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$133.00</td>
<td>$83.9K</td>
<td>1.9K</td>
<td>823</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$16.00</td>
<td>$29.0K</td>
<td>3.6K</td>
<td>782</td>
</tr>
<tr>
<td>TSM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$155.00</td>
<td>$30.9K</td>
<td>8.0K</td>
<td>462</td>
</tr>
<tr>
<td>COMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$5.00</td>
<td>$55.0K</td>
<td>5.3K</td>
<td>422</td>
</tr>
<tr>
<td>FIVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$25.00</td>
<td>$33.1K</td>
<td>61</td>
<td>323</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a put option trade with bearish sentiment. It expires in 3 day(s) on September 13, 2024. Parties traded 180 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $172.0 per contract. There were 22876 open contracts at this strike prior to today, and today 69420 contract(s) were bought and sold. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on September 20, 2024. This event was a transfer of 2143 contract(s) at a $34.50 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $246.4K, with a price of $115.0 per contract. There were 2336 open contracts at this strike prior to today, and today 6050 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on September 20, 2024. Parties traded 1100 contract(s) at a $90.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $161.7K, with a price of $147.0 per contract. There were 7479 open contracts at this strike prior to today, and today 4032 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on September 13, 2024. This event was a transfer of 208 contract(s) at a $140.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $49.8K, with a price of $238.0 per contract. There were 2682 open contracts at this strike prior to today, and today 1971 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option trade with bullish sentiment. It expires in 3 day(s) on September 13, 2024. Parties traded 22 contract(s) at a $405.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $1260.0 per contract. There were 252 open contracts at this strike prior to today, and today 1583 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on September 13, 2024. This event was a transfer of 575 contract(s) at a $133.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $83.9K, with a price of $143.0 per contract. There were 1994 open contracts at this strike prior to today, and today 823 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option trade with bullish sentiment. It expires in 38 day(s) on October 18, 2024. Parties traded 200 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $145.0 per contract. There were 3607 open contracts at this strike prior to today, and today 782 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on September 20, 2024. Parties traded 125 contract(s) at a $155.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.9K, with a price of $248.0 per contract. There were 8066 open contracts at this strike prior to today, and today 462 contract(s) were bought and sold. 
• Regarding COMM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COMM#NASDAQ">COMM</a>), we observe a call option sweep with bearish sentiment. It expires in 129 day(s) on January 17, 2025. Parties traded 500 contract(s) at a $5.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $110.0 per contract. There were 5365 open contracts at this strike prior to today, and today 422 contract(s) were bought and sold. 
• Regarding FIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), we observe a put option sweep with bearish sentiment. It expires in 38 day(s) on October 18, 2024. Parties traded 316 contract(s) at a $25.00 strike. This particular put needed to be split into 74 different trades to become filled. The total cost received by the writing party (or parties) was $33.1K, with a price of $105.0 per contract. There were 61 open contracts at this strike prior to today, and today 323 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

COMM

MARA

MSTR

10 Information Technology Stocks With Whale Alerts In Today's Session

Editor&#8217;s note: This story has been updated to correct price action at the time of publication.
Five9 Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) shares are on watch Thursday after The Bear Cave released a bearish report on <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40291717/five9-faces-revenue-slowdown-yet-analysts-see-profitability-and-ai-potential-as-key">the software company</a>.
What Happened: Short-selling firm the Bear Cave&nbsp;has targeted contact center software company&nbsp;Five9 in its latest short report. 
The <a href="https://www.benzinga.com/topic/short-sellers">short seller</a> highlighted recent conversations with management in which executives told investors that <a href="http://benzinga.com/topic/ai">AI</a> is &#8220;great&#8221; for Five9. The Bear Cave claims that management has intentionally misled investors about how AI will impact its business. 
&#8220;The Bear Cave believes Five9 management is lying to investors and the company is a major AI loser racing towards irrelevance,&#8221; the short seller said.
Benzinga has reached out to Five9 for comment on the report.
The Bear Cave noted that Five9 has not posted an annual profit in any year dating back to its initial public offering in 2014. The weak <a href="https://www.benzinga.com/quote/FIVN/earnings">bottom-line results</a> have been overshadowed by strong revenue growth, but the company lowered its revenue guidance in its most recent quarter, the short seller said. 
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40734119/fed-rate-cut-of-0-5-wouldnt-be-a-surprise-after-private-payrolls-fall-short-economi">Fed Rate Cut of 0.5% &#8216;Wouldn&#8217;t Be A Surprise&#8217; After Private Payrolls Fall Short, Economist Says</a>
&#8220;Five9's slowing revenue growth and recent guidance reduction have left investors worried that AI might be negatively affecting the company,&#8221; The Bear Cave said, citing questions surrounding AI concerns at an investing conference last month.
The short seller further highlighted management&#8217;s response to AI concerns, noting that CEO Mike Burkland stressed that AI is a &#8220;great thing&#8221; for Five9 and expects only about 5% to 15% automation due to AI.
The Bear Cave cited previous research suggesting several call center companies are under pressure due to AI as many large companies are aggressively cutting call center spend. The short seller further noted that Five9 recently cut its revenue guidance and announced it was cutting its workforce by about 7%.
&#8220;The layoffs may also be a sign management doesn't believe in its own optimism around AI,&#8221; the short seller said.
FIVN Price Action: Five9 shares rebounded and were up 0.70% at $30.03 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: courtesy of Five9.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40734889/amazon-analyst-says-companys-dominant-competitive-position-in-e-commerce-aws-provid">Amazon Analyst Says Company&#8217;s &#8216;Dominant Competitive Position&#8217; In E-Commerce, AWS &#8216;Provides A Lot To Be Bullish About&#8217;</a></li>
</ul>

Short Sellers

Short Ideas

Movers

Short Seller Sets Sights On Five9 Stock: 'Company Is A Major AI Loser Racing Towards Irrelevance' (CORRECTION)

<a href="https://thebearcave.substack.com/p/problems-at-five9-fivn">https://thebearcave.substack.com/p/problems-at-five9-fivn</a>
&nbsp;

Watching Five9; The Bear Cave Issues Report On Co Titled "Problems at Five9 (FIVN)"

AAPL

AEIS

AEVA

ANET

ASNS

BBAI

CGNX

COHR

Core Scientific, Inc. - Class A Common Stock

CORZ

CRSR

DAKT

DELL

DTST

EGIO

EVLV

FLEX

GDDY

GTLB

KEYS

KOPN

LITE

LWLG

NSIT

PLUS

PSTG

SHOP

VECO

ZBRA

Shares of companies within the broader tech sector are trading lower amid overall market weakness. Weakness may be due to August's ISM Manufacturing PMI data indicating an economic contraction.

Truist Securities analyst Terry Tillman maintains Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) with a Buy and maintains $65 price target.

Truist Securities Maintains Buy on Five9, Maintains $65 Price Target

Piper Sandler analyst James Fish reiterates Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) with a Overweight and maintains $47 price target.

Reiteration

Piper Sandler Reiterates Overweight on Five9, Maintains $47 Price Target

Ratings for Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) were provided by 16 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Five9 and provided 12-month price targets. The average target is $60.5, accompanied by a high estimate of $90.00 and a low estimate of $40.00. A decline of 25.82% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2024/1724241671_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of Five9 by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$48.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Lowers</td>
<td>Buy</td>
<td>$70.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Michael Latimore</td>
<td>Northland Capital Markets</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$50.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Matt VanVliet</td>
<td>BTIG</td>
<td>Lowers</td>
<td>Buy</td>
<td>$45.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$65.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Richard Baldry</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Buy</td>
<td>$67.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>James Fish</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Ryan Macwilliams</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$55.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Terry Tillman</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$65.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>William Power</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Nikolay Beliov</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$63.00</td>
<td>$63.00</td>
</tr>
<tr>
<td>Ryan Macwilliams</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$75.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>James Fish</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$58.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Lauren Lieberman</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$50.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$80.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Five9. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Five9 compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Five9's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Five9's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FIVN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Five9 analyst ratings.</a>
<h2>About Five9</h2>
Five9 offers cloud-native contact center software enabling digital customer service, sales, and marketing engagement. The company's Virtual Contact Center platform combines core telephony functionality, omnichannel engagement, and various modules into a unified cloud contact-center-as-a-service, or CCaaS, platform. Five9's modules include digital self-service, agent assist technology, workflow automation, as well as workforce optimization solutions that optimize call center efficiency, and manage interaction quality and agent performance.
<h3>Five9's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Five9's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 13.1%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Five9's net margin excels beyond industry benchmarks, reaching -5.08%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Five9's ROE excels beyond industry benchmarks, reaching -2.54%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -0.68%, the company showcases effective utilization of assets.
Debt Management: Five9's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.3, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Five9 Through The Eyes Of 16 Analysts

Needham analyst Scott Berg reiterates Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) with a Buy and maintains $48 price target.

Needham Reiterates Buy on Five9, Maintains $48 Price Target

Management

Five9 Announces Reduction In Force Plan, Cutting Global Workforce By 7% With Estimated Costs Of $12M To $15M

U.S. stocks settled higher on Friday, after recording sharp losses earlier during the week. However, major indices recorded losses last week, with the Dow and Nasdaq falling by 0.6% and 0.18%, respectively.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga A<a href="https://www.benzinga.com/analyst-stock-ratings">nalyst Stock</a> Ratings.
Analyst: William Stein
<ul>
<li>Analyst Firm: Truist Securities</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained a Hold rating on Diodes Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DIOD#NASDAQ">DIOD</a>) and cut the price target from $74 to $69 on Aug. 9. This analyst sees around 7% upside in the stock.</li>
<li>Recent News: On Aug. 8, Diodes reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates.</li>
</ul>
Analyst: Lloyd Walmsley
<ul>
<li>Analyst Firm: Deutsche Bank</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Maintained a Buy rating on Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/Z#NASDAQ">Z</a>) and increased the price target from $55 to $60 on Aug. 9. This analyst sees around 16% upside in the stock.</li>
<li>Recent News: On Aug. 7, Zillow reported better-than-expected second-quarter financial results..</li>
</ul>
Analyst: Mark Kelley
<ul>
<li>Analyst Firm: Stifel</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Reiterated a Buy rating on The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) and raised the price target from $105 to $111 on Aug. 9. This analyst sees around 12% upside in the stock.</li>
<li>Recent News: On Aug. 8, The Trade Desk reported better-than-expected second-quarter financial results.</li>
</ul>
Analyst: Doug Anmuth
<ul>
<li>Analyst Firm: JP Morgan</li>
<li>Ratings Accuracy: 83%</li>
<li>Latest Rating: Maintained a Neutral rating on Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) and cut the price target from $18 to $15 on Aug. 8. This analyst sees about 54% gain in the stock.</li>
<li>Recent News: On Aug. 7, Lyft reported its second-quarter financial results, reporting adjusted EPS of 24 cents, which beat the analyst consensus estimate of 19 cents.</li>
</ul>
Analyst: William Power
<ul>
<li>Analyst Firm: Baird</li>
<li>Ratings Accuracy: 83%</li>
<li>Latest Rating: Downgraded rating on Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) from Outperform to Neutral and slashed the price target from $90 to $40 on Aug. 9. This analyst sees around 29% upside in the stock.</li>
<li>Recent News: On Aug. 8, Five9 posted better-than-expected quarterly earnings.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/08/40298443/wall-streets-most-accurate-analysts-give-their-take-on-3-defensive-stocks-delivering-high-dividend-y">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Defensive Stocks Delivering High-Dividend Yields</a></li>
</ul>

DIOD

LYFT

This Analyst With 84% Accuracy Rate Sees Around 12% Upside In Trade Desk - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Piper Sandler analyst James Fish maintained a Buy rating on Five9 (FIVN – Research Report) today and set a price target of $47.00. The company's sh...

Five9 (FIVN) Gets a Buy from Piper Sandler

In a report released today, Terry Tillman from Truist Financial maintained a Buy rating on Five9 (FIVN – Research Report). The company's shares clo...

Truist Financial Reaffirms Their Buy Rating on Five9 (FIVN)

RiverPark Long/Short Opportunity Fund Q2 2024 Letter

RiverPark Long/Short Opportunity Fund Q2 2024 Portfolio Review

Truist Financial Remains a Buy on Five9 (FIVN)

abrdn U.S. Small Cap Equity Fund Q2 2024 Commentary

Five9's price target cut at Piper Sandler as analysts mull strategic options for company

Snowflake tops cloud software cos. focused on revenue KPIs: Baird

Five9 expands its footprints in India

Wolfe's tax loss selling stocks within industrials, tech, materials

ADYEY

ADYYF

AGCO

AKAM

ALGM

ATKR

ATMU

AXON

BILL

BOOT

BRZE

CFLT

CLVT

CNXC

CORT

CSCO

DDOG

DOCU

EGHT

EPAM

FRSH

GOOG

GOOGL

GTLS

HEES

INFA

IPGP

LSCC

ONTO

PALL

PATH

PAYC

POWI

PPLT

PRFT

PYCR

QLYS

SEDG

SGOL

SGRY

SIRI

SIVR

SNAP

TEAM

TWLO

WOLF

Press Releases

Five9 to Report Second Quarter 2024 Financial Results on August 8, 2024

Five9 Surpasses $1 Billion in Annual Revenue Run Rate

Five9 to Acquire Acqueon to Expand its Industry-Leading Omnichannel Outreach and Journey Orchestration for the Enterprise

Five9 Announces an End-to-End AI Suite and New Approach to Transform Enterprise CX

Five9 Announces Upcoming Conference Participation

Five9 Named to 2024 Fortune Best Workplaces in Technology List

Verint and Five9 Deepen Partnership to Deliver AI-Driven Customer Experiences

Five9 Named Americas CCaaS Vendor Partner of the Year at 2024 Verint Engage Customer Conference

Comments

Five9

Notizie

Ultime notizie per Five9 (NASDAQ:FIVN) Azioni

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO