- The company’s Q4 came in considerably better than expected, initially lifting the shares, which then succumbed to market turmoil.
- We are convinced the company has strong tailwinds and a significant market opportunity ahead of it, although we don’t see much room for further valuation multiple expansion.
- Despite the bright outlook, we don’t think now is an opportune time to buy. Wait until the economic damage from the coronavirus outbreak becomes more clear.
Five9’s Bright Future Is Not In Doubt, But Now Is Not The Time To Buy
February 24th, 2020 · No Comments