<div id="readability-page-1"><div><ul> <li>Five9 recently reported third-quarter 2025 results that exceeded expectations, with earnings per share of US$0.78 on revenue of US$286.00 million, and launched a US$50.00 million accelerated share repurchase program with JPMorgan Chase Bank initially covering about 1.90 million shares.</li> <li>While senior executives executed pre-arranged and tax-related stock sales around these announcements, the combination of outperformance and buybacks highlights management’s confidence in Five9’s financial position and long-term plan.</li> <li>With Five9’s strong third-quarter earnings and new accelerated share repurchase program, we’ll now examine how this affects its investment narrative.</li> </ul><p>AI is about to change healthcare. These 30 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.</p><h2>Five9 Investment Narrative Recap</h2><p>To own Five9, you need to believe in its transition from a traditional contact center provider to an AI-first customer experience platform, with durable demand for its cloud and automation tools. The latest earnings beat and new buyback do not materially change the near term catalyst, which still centers on monetizing its expanding AI suite, nor the key risk, which remains intense competition from larger vendors that can outspend Five9 on product and sales.</p> <p>The US$50.00 million accelerated share repurchase program is the announcement most relevant here, because it directly affects how much of Five9’s future AI and CX growth accrues to each remaining share. While it does not remove the competitive or execution risks around AI adoption, it can amplify the impact of any future progress on margins and earnings per share if Five9 continues to convert AI bookings into recurring revenue as planned.</p> <p>Yet investors should keep in mind that growing AI adoption also sharpens the risk that core offerings become commoditized, which is something shareholders need to be aware of as...</p> <p>Read the full narrative on Five9 (it's free!)</p><p>Five9's narrative projects $1.4 billion revenue and $98.5 million earnings by 2028. This requires 9.3% yearly revenue growth and an earnings increase of about $89.7 million from $8.8 million today.</p><p>Uncover how Five9's forecasts yield a $34.05 fair value, a 65% upside to its current price.</p><h2>Exploring Other Perspectives</h2><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/4f990b83-e75b-4dbd-828a-1a80ca31bddd/chart/community-fair-value?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/4f990b83-e75b-4dbd-828a-1a80ca31bddd/chart/community-fair-value"/><figcaption>FIVN Community Fair Values as at Dec 2025</figcaption></figure> <p>Eleven members of the Simply Wall St Community currently see Five9’s fair value between US$34.05 and US$67.62, reflecting a wide spectrum of expectations. Set against this, the competitive risk from larger, well capitalized vendors could be a key factor in how those different views on Five9’s future performance eventually play out.</p><p>Explore 11 other fair value estimates on Five9 - why the stock might be worth over 3x more than the current price!</p><h2>Build Your Own Five9 Narrative</h2><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p><ul><li>A great starting point for your Five9 research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.</li><li>Our free Five9 research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Five9's overall financial health at a glance.</li></ul><h2>Searching For A Fresh Perspective?</h2><p>The market won't wait. These fast-moving stocks are hot now. Grab the list before they run:</p><ul><li>The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 26 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.</li><li>Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave.</li><li>The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p></div></div>

FIVN

<p>Five9 reported Q3 2025 earnings exceeding expectations with EPS of $0.78 and revenue of $286M. It launched a $50M accelerated share repurchase program, indicating confidence in its financial position. The investment narrative focuses on transitioning to an AI-first platform, with risks from competition. Forecasts project $1.4B revenue and $98.5M earnings by 2028, requiring 9.3% annual growth. Fair value estimates range from $34.05 to $67.62, highlighting diverse expectations.</p>

The Bull Case For Five9 (FIVN) Could Change Following Q3 Earnings Beat And New Buyback - Learn Why