Five Below (NASDAQ:FIVE) Trading 6.5% Higher Following Analyst Upgrade

Five Below, Inc. (NASDAQ:FIVE) shares rose 6.5% on Friday after JPMorgan Chase & Co. raised their price target on the stock from $325.00 to $368.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Five Below traded as high as $255.35 and last traded at $255.5920. 387,700 shares were traded during trading, a decline of 67% from the average session volume of 1,170,134 shares. The stock had previously closed at $239.96.

FIVE has been the topic of several other reports. Craig Hallum reissued a “buy” rating and set a $325.00 target price on shares of Five Below in a research note on Thursday. Citigroup increased their price target on Five Below from $235.00 to $265.00 and gave the company a “neutral” rating in a research report on Thursday. BNP Paribas Exane cut shares of Five Below from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. Morgan Stanley boosted their price target on shares of Five Below from $235.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Wolfe Research lowered Five Below from an “outperform” rating to a “peer perform” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $296.20.

Key Headlines Impacting Five Below

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

• Positive Sentiment: Five Below reported second-quarter adjusted EPS of $1.68, ahead of the $1.40 consensus estimate, while revenue rose 22.9% year over year to approximately $1.26 billion, exceeding expectations. Comparable sales increased 14.1%. Five Below Second-Quarter Financial Results
• Positive Sentiment: Management raised fiscal 2026 guidance to roughly $5.63 billion-$5.71 billion in sales and $9.83-$10.31 in adjusted EPS. Third-quarter guidance also came in above consensus estimates, signaling sustained momentum. Five Below Q2 Earnings Call
• Positive Sentiment: Traffic, repeat visits and the company’s “Rolling Thunder” merchandise launches helped drive sales growth. Five Below opened 52 net new stores during the quarter and ended with 2,022 locations, supporting its long-term expansion strategy. Five Below Rolling Thunder Merchandise Strategy
• Positive Sentiment: The company authorized a $600 million share-repurchase program, which could support earnings per share and signal management’s confidence in cash generation. Five Below Share Repurchase Plan
• Positive Sentiment: Analysts raised price targets following the results, including JPMorgan’s increase to $368, Truist’s to $297 and Morgan Stanley’s to $300. Bank of America also reiterated a Buy rating with a $340 target.
• Neutral Sentiment: Jim Cramer said Five Below’s comparable-sales growth is decelerating, although he characterized the current growth rate as impressive. The commentary highlights execution strength but also suggests increasingly difficult comparisons ahead. Jim Cramer on Five Below

Hedge Funds Weigh In On Five Below

A number of large investors have recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Five Below in the 2nd quarter worth $31,000. Advisory Services Network LLC bought a new position in shares of Five Below in the 3rd quarter worth approximately $32,000. Bayban bought a new position in Five Below in the fourth quarter worth $34,000. Elevation Wealth Partners LLC lifted its holdings in shares of Five Below by 966.7% during 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 during the last quarter. Finally, iSAM Funds UK Ltd purchased a new position in shares of Five Below in the 3rd quarter worth about $40,000.

Five Below Price Performance

The stock has a market cap of $14.13 billion, a P/E ratio of 23.00, a P/E/G ratio of 1.25 and a beta of 0.99. The firm’s 50 day moving average price is $216.78 and its 200-day moving average price is $217.58.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.28. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Five Below had a return on equity of 22.97% and a net margin of 11.65%.The company’s revenue was up 22.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.81 earnings per share. 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. On average, analysts expect that Five Below, Inc. will post 9.24 earnings per share for the current year.

Five Below Company Profile

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.