Wall Street Zen Upgrades Five Below (NASDAQ:FIVE) to “Buy”

Five Below (NASDAQ:FIVE) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Sunday, Wall Street Zen reports.

FIVE has been the topic of a number of other research reports. Mizuho raised their target price on shares of Five Below from $260.00 to $278.00 and gave the company an “outperform” rating in a research report on Wednesday, August 26th. JPMorgan Chase & Co. upped their price target on shares of Five Below from $296.00 to $306.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. HSBC upgraded Five Below to a “hold” rating in a research note on Tuesday, July 21st. Sanford C. Bernstein raised Five Below from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $247.00 to $250.00 in a report on Tuesday, July 21st. Finally, Guggenheim reduced their price objective on Five Below from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $265.10.

Five Below Stock Up 2.0%

Shares of FIVE stock opened at $246.84 on Friday. The business has a fifty day simple moving average of $213.42 and a 200 day simple moving average of $216.77. The company has a market cap of $13.65 billion, a P/E ratio of 31.17, a P/E/G ratio of 1.25 and a beta of 0.98. Five Below has a twelve month low of $137.77 and a twelve month high of $263.88.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.45. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the previous year, the business posted $0.86 earnings per share. The business’s revenue for the quarter was up 32.5% on a year-over-year basis. Five Below has set its FY 2026 guidance at 8.650-9.050 EPS and its Q2 2026 guidance at 1.170-1.290 EPS. As a group, equities research analysts anticipate that Five Below will post 9.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Five Below

A number of hedge funds have recently modified their holdings of the business. Corient Private Wealth LP grew its stake in shares of Five Below by 29.8% in the second 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 during the last quarter. Amundi raised its position in Five Below by 34.9% during the 2nd quarter. Amundi now owns 277,311 shares of the specialty retailer’s stock worth $49,858,000 after purchasing an additional 71,709 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Five Below during the 2nd quarter worth $4,188,000. California State Teachers Retirement System lifted its holdings in Five Below by 17,961.6% during the 2nd 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 during the period. Finally, Varenne Capital Partners acquired a new position in Five Below during the 2nd quarter worth about $25,305,000.

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.