Why Is FIVE9 INC (FIVN) Stock Up Today?

FIVN stock surged 18.49% to $33.62 on Tuesday amid a wave of upgraded analyst price targets and strong earnings results. The stock opened at $28.33 and climbed to a session high of $33.81 before settling at $33.62. The move was driven by a series of price target increases from key analysts and the company’s Q2 2026 earnings report, which highlighted a 78% year-over-year increase in AI revenue and an updated growth forecast of at least 60% for AI revenue.

What Happened

Truist, Cantor Fitzgerald, Rosenblatt, and RBC Capital all raised their price targets for FIVN within the last 36 hours. Truist set a new target of $35 from $23, Cantor Fitzgerald raised its target to $34 from $32, Rosenblatt increased its target to $32 from $29, and RBC Capital raised its target to $35 from $25. These upgrades followed Five9’s Q2 2026 earnings report, which revealed a $100 million contract with a Fortune 100 company and a $1.266 billion revenue forecast for 2026. The company also affirmed its adjusted EPS guidance and raised its sales guidance. However, it lowered its GAAP EPS guidance slightly.

What The Data Shows

The stock’s intraday volume reached 3.1 million shares, matching its 3-month average. The session high of $33.81 occurred at 10:40 AM ET, while the low of $27.30 was at the market open. Over the past eight sessions, the stock has risen 9.0% from $22.79 to $24.84. The 52-week range is $13.29 to $30.21, meaning the current price is above its prior 52-week high. Recent insider transactions include sales by the CFO, President, and Chief Revenue Officer, totaling $2.0 million in the last 90 days.

What To Watch

Five9’s Q3 adjusted EPS guidance of $0.77 to $0.81 will be a key metric to monitor. The company’s ability to meet or exceed this range could influence further analyst sentiment and investor confidence.