Five9 is trading 10.04% higher at $35.73 after Cantor Fitzgerald raised its price target to $40 from $34 while maintaining an Overweight rating, citing valuation multiple expansion.

  • Needham reiterated its Buy rating and $40 target on September 21, 2026.
  • Broad risk-on sentiment is also supporting the stock, with major U.S. indices rising and technology stocks leading gains.