Five Below (FIVE) – Research Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Five Below (NASDAQ: FIVE) recently:

• 9/7/2026 – Five Below was downgraded by Wall Street Zen from “buy” to “hold”.
• 9/4/2026 – Five Below had its price target raised by The Goldman Sachs Group, Inc. from $257.00 to $306.00. They now have a “buy” rating on the stock.
• 9/3/2026 – Five Below had its “buy” rating reaffirmed by Craig Hallum. They now have a $325.00 price target on the stock.
• 9/3/2026 – Five Below had its price target raised by Jefferies Financial Group Inc. from $350.00 to $420.00. They now have a “buy” rating on the stock.
• 9/3/2026 – Five Below was given a new $401.00 price target by Deutsche Bank Aktiengesellschaft.
• 9/3/2026 – Five Below had its price target raised by UBS Group AG from $285.00 to $325.00. They now have a “buy” rating on the stock.
• 9/3/2026 – Five Below was given a new $260.00 price target by Evercore Inc.
• 9/3/2026 – Five Below was given a new $295.00 price target by Mizuho.
• 9/3/2026 – Five Below had its price target raised by Guggenheim from $250.00 to $290.00. They now have a “buy” rating on the stock.
• 9/3/2026 – Five Below had its price target raised by Citigroup Inc. from $235.00 to $265.00. They now have a “neutral” rating on the stock.
• 9/3/2026 – Five Below had its price target raised by Wells Fargo & Company from $260.00 to $295.00. They now have an “overweight” rating on the stock.
• 9/3/2026 – Five Below had its price target raised by Telsey Advisory Group from $280.00 to $305.00. They now have an “outperform” rating on the stock.
• 9/3/2026 – Five Below had its price target raised by JPMorgan Chase & Co. from $325.00 to $368.00. They now have an “overweight” rating on the stock.
• 9/3/2026 – Five Below had its price target raised by Truist Financial Corporation from $273.00 to $297.00. They now have a “buy” rating on the stock.
• 9/3/2026 – Five Below had its price target raised by Morgan Stanley from $235.00 to $300.00. They now have an “equal weight” rating on the stock.
• 9/2/2026 – Five Below had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 9/1/2026 – Five Below had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $334.00 price target on the stock.
• 9/1/2026 – Five Below had its price target raised by Jefferies Financial Group Inc. from $350.00 to $420.00. They now have a “buy” rating on the stock.
• 8/30/2026 – Five Below was upgraded by Wall Street Zen from “hold” to “buy”.
• 8/28/2026 – Five Below had its price target raised by Telsey Advisory Group from $260.00 to $280.00. They now have an “outperform” rating on the stock.
• 8/26/2026 – Five Below had its price target raised by Mizuho from $260.00 to $278.00. They now have an “outperform” rating on the stock.
• 8/25/2026 – Five Below was downgraded by Loop Capital from “buy” to “hold”. They now have a $250.00 price target on the stock.
• 8/25/2026 – Five Below had its price target raised by Truist Financial Corporation from $265.00 to $273.00. They now have a “buy” rating on the stock.
• 8/22/2026 – Five Below was downgraded by Wall Street Zen from “buy” to “hold”.
• 8/19/2026 – Five Below had its “buy” rating reaffirmed by UBS Group AG.
• 8/13/2026 – Five Below was downgraded by BNP Paribas Exane from “strong-buy” to “hold”.
• 8/13/2026 – Five Below was upgraded by Citigroup Inc. from “hold” to “buy”.
• 8/13/2026 – Five Below was downgraded by Cantor Fitzgerald to “neutral”.
• 8/13/2026 – Five Below is now covered by Oppenheimer Holdings, Inc.. They set an “outperform” rating on the stock.
• 8/13/2026 – Five Below was downgraded by The Goldman Sachs Group, Inc. from “buy” to “sell”.
• 8/13/2026 – Five Below was downgraded by Wolfe Research from “outperform” to “peer perform”.
• 8/13/2026 – Five Below is now covered by Benchmark Co.. They set a “buy” rating on the stock.
• 8/13/2026 – Five Below was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $350.00 price target on the stock, up from $210.00.
• 8/13/2026 – Five Below was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $350.00 price target on the stock, up from $210.00.
• 8/11/2026 – Five Below had its price target raised by Mizuho from $220.00 to $260.00. They now have an “outperform” rating on the stock.
• 7/21/2026 – Five Below was downgraded by Susquehanna to “neutral”.
• 7/21/2026 – Five Below is now covered by BMO Capital Markets. They set an “outperform” rating on the stock.
• 7/21/2026 – Five Below was upgraded by HSBC Holdings plc to “hold”.
• 7/21/2026 – Five Below was upgraded by Raymond James Financial, Inc. to “outperform”.
• 7/21/2026 – Five Below was downgraded by Morgan Stanley from “equal weight” to “underweight”.
• 7/21/2026 – Five Below was upgraded by Sanford C. Bernstein from “market perform” to “outperform”. They now have a $250.00 price target on the stock, up from $247.00.

Insider Transactions at Five Below

In related news, COO Kenneth R. Bull sold 10,510 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $248.06, for a total value of $2,607,110.60. Following the completion of the transaction, the chief operating officer directly owned 75,064 shares of the company’s stock, valued at approximately $18,620,375.84. This trade represents a 12.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Maureen Gellerman sold 1,610 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $248.94, for a total value of $400,793.40. Following the sale, the insider directly owned 8,804 shares in the company, valued at $2,191,667.76. This represents a 15.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,438 shares of company stock worth $4,580,933 over the last 90 days. Insiders own 0.96% of the company’s stock.

Five Below, Inc is a specialty value retailer that sells merchandise primarily designed for children, teens and preteens. Its product assortment generally includes toys, games, fashion accessories, room décor, sports equipment, technology accessories, party supplies, seasonal items and candy. The company operates under a “five and beyond” pricing concept, offering most products at affordable price points while also selling selected higher-priced items.

Founded in 2002 by David Schlessinger and Tom Vellios, Five Below has expanded from its original store base into a nationwide retail chain.