The Latest Analyst Ratings for Five9
Portfolio Pulse from Benzinga Insights
Five9 (NASDAQ:FIVN) has received mostly bullish analyst ratings in the last quarter, with 6 bullish, 3 somewhat bullish, and 1 indifferent rating. Over the past 3 months, 10 analysts have set a 12-month price target for FIVN, averaging $87.2, which is a 3.11% decrease from the previous target of $90.00. The high target is $105.00 and the low is $77.00. Analysts typically review stocks quarterly or after major company updates, basing their ratings on financial forecasts and company performance.
December 05, 2023 | 12:00 pm
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POSITIVE IMPACT
Five9 has received a majority of bullish and somewhat bullish ratings from analysts, with an average 12-month price target of $87.2, representing a slight decrease from the previous target.
The predominance of bullish and somewhat bullish ratings suggests a positive outlook for FIVN, which could lead to a short-term increase in its stock price. However, the slight decrease in the average price target may temper investor expectations, hence the score is not at the maximum bullish level.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100