This Five9 Analyst Slashes Forecasts Ahead Of Q1 Results
The lower revenue estimates and price target cut indicate weakened growth expectations.
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The lower revenue estimates and price target cut indicate weakened growth expectations.
What happened, with direct paths to the underlying reporting
Five9 will report quarterly results on May 1. Revenue estimates for 2025 and 2026 lowered due to macro uncertainty. Analyst rating remains a Buy, but price target cut from $58 to $36. Workforce reduction of 4% may boost operating margins. AI adoption in CCaaS seen as potential growth driver for Five9.
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