Morgan Stanley Increases Five Below (NASDAQ:FIVE) Price Target to $300.00

Five Below (NASDAQ:FIVE) had its price objective lifted by stock analysts at Morgan Stanley from $235.00 to $300.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the specialty retailer’s stock. Morgan Stanley’s price objective points to a potential upside of 25.81% from the stock’s previous close.

A number of other brokerages have also weighed in on FIVE. Raymond James Financial raised Five Below to an “outperform” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $334.00 target price on shares of Five Below in a report on Tuesday. Cantor Fitzgerald downgraded shares of Five Below to a “neutral” rating in a report on Thursday, August 13th. Wolfe Research lowered shares of Five Below from an “outperform” rating to a “peer perform” rating in a research report on Thursday, August 13th. Finally, Craig Hallum raised their price target on shares of Five Below from $255.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $280.80.

Five Below Trading Down 1.9%

Shares of NASDAQ FIVE traded down $4.63 during midday trading on Thursday, reaching $238.45. The company had a trading volume of 601,117 shares, compared to its average volume of 1,162,766. The business’s 50-day simple moving average is $215.71 and its 200 day simple moving average is $217.34. The stock has a market cap of $13.18 billion, a P/E ratio of 30.16, a P/E/G ratio of 1.27 and a beta of 0.99. Five Below has a 1 year low of $137.77 and a 1 year high of $263.88.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company earned $0.81 earnings per share. The business’s quarterly revenue was up 22.9% compared to the same quarter last year. 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. Analysts predict that Five Below will post 9.19 earnings per share for the current year.

Hedge Funds Weigh In On Five Below

A number of large investors have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Five Below during the second quarter worth approximately $31,000. Advisory Services Network LLC purchased a new stake in shares of Five Below in the third quarter valued at approximately $32,000. Bayban acquired a new position in shares of Five Below during the 4th quarter worth approximately $34,000. Elevation Wealth Partners LLC raised its stake in shares of Five Below by 966.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 192 shares of the specialty retailer’s stock worth $35,000 after buying an additional 174 shares during the period. Finally, iSAM Funds UK Ltd purchased a new position in shares of Five Below during the 3rd quarter valued at approximately $40,000.

Five Below News Summary

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

• Positive Sentiment: Earnings and sales beat expectations. Adjusted Q2 earnings per share reached $1.68, up from $0.81 a year earlier and above the roughly $1.40 consensus estimate. Revenue increased 22.9% to approximately $1.26 billion, exceeding expectations of about $1.22 billion. Five Below Second Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Comparable sales and store growth were robust. Comparable sales rose 14.1%, supported by traffic and demand for trendy merchandise. Five Below opened 52 net new stores during the quarter and ended the period with 2,022 locations, reinforcing its growth strategy. Five Below Strong Comparable Sales and Store Growth
• Positive Sentiment: Management raised its 2026 outlook. Full-year sales guidance increased to $5.63 billion-$5.71 billion from $5.40 billion-$5.48 billion, while adjusted EPS guidance was set at $9.83-$10.31. Third-quarter adjusted EPS guidance of $1.01-$1.13 also exceeded the prior consensus estimate of $0.86. Five Below Fiscal 2026 Outlook
• Positive Sentiment: A $600 million share-repurchase authorization could support per-share earnings and signal management confidence in the company’s cash-generation prospects. Five Below Share Repurchase Plan
• Neutral Sentiment: Analyst sentiment strengthened, with William Blair reaffirming a Buy rating and Bank of America raising its price target to $340, though the stock’s valuation remains elevated at approximately 31 times earnings.

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.