FIVN

Five9 Inc

TMT, Software


Presented:08/26/2024
Price:$33.64
Cap:$2.51B
Current Price:$30.41
Cap:$2.27B

Presented

Date08/26/2024
Price$33.64
Market Cap$2.51B
Ent Value$3.37B
P/E RatioN/A
Book Value$7.04
Div Yield0%
Shares O/S74.74M
Ave Daily Vol1,610,061
Short Int7.65%

Current

Price$30.41
Market Cap$2.27B
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.

Publicly traded companies mentioned herein: Five9 Inc (FIVN), Nice Ltd (NICE)

Highlights

The presenter is not currently involved but is leaning bullish on Five9 Inc (FIVN), which sells cloud software to contact centers. FIVN missed on earnings in early August, sending the stock down 25%. It has been one of the worst-performing stocks YTD (-57%) due to earnings misses and managing expectations poorly, as well as an AI overhang as many of its contracts are priced on a per-seat basis and the market believes that AI reduces the need for call center agents. In contrast, the presenter considers the AI concerns overblown and thinks that the near-term setup is derisked. He ultimately believes that the company can be taken out at a significant premium to the current $33 share price but is trying to get more comfortable with management’s lack of credibility.

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Idea Discussion

Commentor 1 - 2 weeks ago

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