Added to YB: 2024-09-06
Pitch date: 2024-09-05
FIVN [bearish]
Five9, Inc.
+30.97%
current return
Author Info
The Bear Cave provides analysis, commentary, and curated links on the short world. Sign up for the newsletter.
Company Info
Five9, Inc., together with its subsidiaries, provides intelligent cloud software for contact centers in the United States and internationally.
Market Cap
$1.5B
Pitch Price
$29.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.97
P/E
53.17
EV/Sales
1.46
Sector
Software
Category
N/A
Problems at Five9 (FIVN)
FIVN short: AI disruption fears intensify as revenue growth slows & guidance lowered. Mgmt claims AI is 'great' for biz, but Head of AI contradicts, suggesting 3rd-party vendors will dominate. Large clients aim for 40-60% call center cuts vs FIVN's 5-15% est. Recent layoffs & employee reviews signal troubles ahead.
Read full article (6 min)