Five Below (NASDAQ:FIVE) Stock Price Up 6.5% Following Analyst Upgrade

Five Below, Inc. (NASDAQ:FIVE) shares traded up 6.5% during mid-day trading 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 traded hands during trading, a decline of 67% from the average session volume of 1,170,134 shares. The stock had previously closed at $239.96.

Other equities research analysts also recently issued reports about the company. Susquehanna downgraded Five Below to a “neutral” rating in a research note on Tuesday, July 21st. Guggenheim increased their price target on shares of Five Below from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday. Telsey Advisory Group lifted their price target on shares of Five Below from $280.00 to $305.00 and gave the stock an “outperform” rating in a research note on Thursday. HSBC raised shares of Five Below to a “hold” rating in a research report on Tuesday, July 21st. Finally, Wells Fargo & Company upped their price objective on Five Below from $260.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $296.20.

Key Stories 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 hedge funds have recently modified their holdings of the company. Corient Private Wealth LP lifted its holdings in Five Below by 29.8% in the 2nd quarter. Corient Private Wealth LP now owns 87,797 shares of the specialty retailer’s stock worth $15,785,000 after purchasing an additional 20,131 shares in the last quarter. Amundi raised its position in shares of Five Below by 34.9% during the second quarter. Amundi now owns 277,311 shares of the specialty retailer’s stock valued at $49,858,000 after buying an additional 71,709 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Five Below in the second quarter worth $4,188,000. California State Teachers Retirement System lifted its holdings in shares of Five Below by 17,961.6% in the second quarter. California State Teachers Retirement System now owns 11,524,359 shares of the specialty retailer’s stock worth $2,071,965,000 after buying an additional 11,460,553 shares in the last quarter. Finally, Varenne Capital Partners bought a new position in shares of Five Below during the second quarter worth $25,305,000.

Five Below Price Performance

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

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. Five Below had a return on equity of 22.97% and a net margin of 11.65%.The firm’s revenue was up 22.9% on a year-over-year basis. During the same period in the prior year, the company 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 anticipate that Five Below, Inc. will post 9.24 EPS for the current fiscal year.

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.