Morgan Stanley (NYSE:MS) analyst Meta Marshall maintained a Hold rating on Five9 (NASDAQ:FIVN) on Wednesday, setting a price target of $105, which is approximately 11.20% below the present share price of $118.24.
Marshall expects Five9 to post earnings per share (EPS) of -$0.12 for the third quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Five9, with an average price target of $106.08.
The analysts price targets range from a high of $130 to a low of $65.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $95.09 million and a net profit of -$4.96 million. The company's market cap is $7.52 billion.
According to TipRanks.com, Morgan Stanley analyst Meta Marshall is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 13.2% and a 61.82% success rate.
Five9, Inc. engages in the provision of cloud software for contact centers. It specializes in omnichannel routing, analytics, workforce organization, and reporting. The company was founded in December 2001 and is headquartered in San Ramon, CA.