Five9 (FIVN) Experiences Weak Share Price Momentum Amid Broader SaaS Sector Headwinds

Five9, Inc. (NASDAQ:FIVN) is included in our list of the 14 oversold value stocks to invest in right now.

On February 3, 2026, Five9, Inc. (NASDAQ:FIVN)’s shares reached their 52-week low of $16.10, marking a sharp decline from its 52-week high of $49.90. This follows a challenging year for the company, during which its stock fell by over 60% amid broader SaaS sector headwinds.

Among recent company developments is Five9, Inc. (NASDAQ:FIVN)’s January 12 announcement of an expanded partnership with Google Cloud. A joint Enterprise CX AI solution was unveiled that integrates Five9’s AI-Infused Intelligent CX Platform with Google’s Gemini Enterprise and Vertex AI. The platform not only allows enterprises to deliver seamless, personalized, AI-driven customer experiences but also improves operational agility. At the same time, it supports end-to-end workflows for agents, supervisors, and administrators.

Three days earlier, Five9, Inc. (NASDAQ:FIVN) saw Morgan Stanley reduce its price target from $30 to $26, while reiterating an ‘Equal Weight’ rating. While the firm cited the SaaS sector’s underperformance, it expects AI-related risks to be lower in 2026. Morgan Stanley advises investors to remain selective within the sector amid limited broad corporate spending revisions.

Five9, Inc. (NASDAQ:FIVN), a San Ramon-based cloud software provider, specializes in AI-driven contact center solutions, including routing, analytics, workforce management, and reporting for enterprises.

While we acknowledge the potential of FIVN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: What Are the Best Stocks to Buy Right Now? and 10 Stocks Under $1 That Will Explode.

Disclosure: None.