Five Below (NASDAQ:FIVE) Price Target Raised to $297.00

Five Below (NASDAQ:FIVE) had its target price raised by Truist Financial from $273.00 to $297.00 in a research report released on Thursday morning, Marketbeat Ratings reports. The firm currently has a buy rating on the specialty retailer’s stock.

A number of other brokerages have also issued reports on FIVE. Royal Bank Of Canada lowered shares of Five Below to a “sector perform” rating in a research note on Thursday, July 9th. Sanford C. Bernstein upgraded shares of Five Below from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $247.00 to $250.00 in a report on Tuesday, July 21st. Wolfe Research downgraded shares of Five Below from an “outperform” rating to a “peer perform” rating in a research note on Thursday, August 13th. The Goldman Sachs Group lowered shares of Five Below from a “buy” rating to a “sell” rating in a report on Thursday, August 13th. Finally, Jefferies Financial Group raised their price target on shares of Five Below from $350.00 to $420.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.70.

Five Below Stock Performance

Five Below stock opened at $252.20 on Thursday. The company has a market capitalization of $13.94 billion, a PE ratio of 22.64, a price-to-earnings-growth ratio of 1.23 and a beta of 0.99. Five Below has a fifty-two week low of $137.77 and a fifty-two week high of $263.88. The firm has a 50 day moving average price of $218.05 and a 200 day moving average price of $217.82.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, topping the consensus estimate of $1.40 by $0.28. Five Below had a return on equity of 22.13% and a net margin of 11.65%.The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the business posted $0.81 earnings per share. The company’s quarterly revenue was up 22.9% on a year-over-year basis. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. As a group, equities research analysts forecast that Five Below will post 10.27 earnings per share for the current year.

Institutional Trading of Five Below

A number of institutional investors have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Five Below during the 2nd quarter worth about $31,000. Basecamp Wealth Advisors LLC raised its position in shares of Five Below by 83.8% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 182 shares of the specialty retailer’s stock worth $42,000 after acquiring an additional 83 shares in the last quarter. Bayban purchased a new stake in Five Below during the fourth quarter worth approximately $34,000. Elevation Wealth Partners LLC boosted its holdings in Five Below by 966.7% in the second quarter. Elevation Wealth Partners LLC now owns 192 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 174 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in Five Below in the third quarter valued at approximately $32,000.

Five Below News Summary

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Five Below reported second-quarter earnings of $1.68 per share, well above the $1.34–$1.40 analyst range, while revenue rose 22.9% year over year to approximately $1.26 billion. Results were supported by strong traffic, repeat visits, comparable-sales growth and demand for new, trend-oriented merchandise. Five Below Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised fiscal 2026 guidance to $5.63 billion–$5.71 billion in revenue and $9.83–$10.31 in EPS. Third-quarter EPS guidance of $1.01–$1.13 also exceeds the prior consensus estimate, signaling continued operating momentum. Five Below Q2 Earnings Call Centers on Traffic and Raised Outlook
• Positive Sentiment: The company authorized a $600 million share-repurchase program, which could support per-share earnings and signal confidence in future cash generation. Five Below Unveils $600 Million Share Repurchase Plan
• Positive Sentiment: Analysts raised targets following the earnings beat: Goldman Sachs moved to $306 with a Buy rating, JPMorgan to $368 with an Overweight rating, Truist to $297 with a Buy rating and Morgan Stanley to $300 while maintaining Equal Weight. These revisions reinforce improving expectations for growth and margins.
• Neutral Sentiment: Jim Cramer highlighted that comparable-sales growth is decelerating, although it remains strong. Consensus targets imply further upside, but target-price metrics alone are not reliable predictors of returns.
• Negative Sentiment: Some retail earnings point to a wider split among U.S. consumers. Five Below still faces potential tariff and margin pressures, and slowing comparable-sales growth could temper the rally if traffic or discretionary spending weakens. Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy

About Five Below

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.