Wall Street Analysts Think Five9 (FIVN) Could Surge 59.08%: Read This Before Placing a Bet

Group 1 - Five9 (FIVN) shares have increased by 15.3% over the past four weeks, closing at $24.83, with a mean price target of $39.50 indicating a potential upside of 59.1% [1] - The average of 20 short-term price targets ranges from a low of $23 to a high of $67, with a standard deviation of $12.03, suggesting variability in analyst estimates [2] - There is strong agreement among analysts regarding FIVN's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][11] Group 2 - Over the last 30 days, eight earnings estimates for FIVN have been revised higher, resulting in a Zacks Consensus Estimate increase of 45.9% [12] - FIVN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [13] - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [13]