Five9’s Bright Future Is Not In Doubt, But Now Is Not The Time To Buy

  • 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.

Source: Five9’s Bright Future Is Not In Doubt, But Now Is Not The Time To Buy – Five9, Inc. (NASDAQ:FIVN) | Seeking Alpha