Five Below (NASDAQ:FIVE) Given New $306.00 Price Target at The Goldman Sachs Group

Key Points

• Goldman Sachs raised Five Below’s price target from $257 to $306 and maintained a “buy” rating, implying roughly 20% upside from the previous close. The stock has a consensus “Moderate Buy” rating and an average target of $300.70.
• Five Below reported stronger-than-expected quarterly results, with EPS of $1.68 versus the $1.40 consensus and revenue up 22.9% year over year to $1.26 billion. Management also raised its fiscal 2026 outlook, forecasting adjusted EPS of $9.83–$10.31.
• Shares rose 6.1% to $254.60, supported by improving sales momentum and a new $600 million share-repurchase authorization. Investors should still watch for tariff-related costs, margin pressure, and potentially slower comparable-sales growth.

Five Below (NASDAQ:FIVE - Get Free Report) had its price target boosted by equities research analysts at The Goldman Sachs Group from $257.00 to $306.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has a "buy" rating on the specialty retailer's stock. The Goldman Sachs Group's target price would suggest a potential upside of 20.19% from the company's previous close.

FIVE has been the topic of a number of other research reports. Craig Hallum reaffirmed a "buy" rating and issued a $325.00 target price on shares of Five Below in a research report on Thursday. KeyCorp reissued a "sector weight" rating on shares of Five Below in a research note on Thursday, June 4th. HSBC upgraded shares of Five Below to a "hold" rating in a report on Tuesday, July 21st. Susquehanna lowered Five Below to a "neutral" rating in a research report on Tuesday, July 21st. Finally, Loop Capital downgraded Five Below from a "buy" rating to a "hold" rating and set a $250.00 price objective on the stock. in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and thirteen have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $300.70.

Five Below Trading Up 6.1%

NASDAQ:FIVE traded up $14.64 during trading hours on Friday, hitting $254.60. The company had a trading volume of 1,008,145 shares, compared to its average volume of 1,174,451. Five Below has a 1 year low of $137.77 and a 1 year high of $263.88. The company has a market cap of $14.08 billion, a P/E ratio of 22.87, a P/E/G ratio of 1.25 and a beta of 0.99. The company has a 50-day moving average of $216.78 and a 200 day moving average of $217.58.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.28. Five Below had a net margin of 11.65% and a return on equity of 22.97%. The firm had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.22 billion. During the same quarter in the previous year, the company posted $0.81 EPS. The company's 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. On average, analysts forecast that Five Below will post 9.24 earnings per share for the current year.

Institutional Trading of Five Below

Institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of Five Below by 40,774,210.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer's stock valued at $10,445,139,000 after purchasing an additional 55,452,926 shares in the last quarter. 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 valued at $2,071,965,000 after buying an additional 11,460,553 shares during the period. BlackRock Inc. acquired a new position in Five Below during the second quarter worth about $964,867,000. Wellington Management Group LLP raised its position in Five Below by 54.4% in the second quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer's stock worth $325,717,000 after acquiring an additional 638,049 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in Five Below by 54.6% in the 4th quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer's stock valued at $336,254,000 after acquiring an additional 630,710 shares during the last quarter.

Key Five Below News

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

• Positive Sentiment: Q2 results exceeded expectations. Adjusted EPS was $1.68 versus the $1.40 consensus estimate, while revenue rose 22.9% year over year to approximately $1.26 billion, ahead of the $1.22 billion forecast. Comparable sales increased 14.1%, helped by traffic, repeat visits, and Five Below’s “Rolling Thunder” product launches. Five Below Second Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Management raised its outlook. Fiscal 2026 revenue guidance increased to $5.63 billion-$5.71 billion, with adjusted EPS of $9.83-$10.31. Third-quarter guidance also came in above consensus, reinforcing expectations for continued sales and earnings momentum. Five Below Q2 Earnings Call and Raised Outlook
• Positive Sentiment: Capital-return and analyst support added to the bullish reaction. Five Below authorized a $600 million share-repurchase program. JPMorgan, Truist, and Morgan Stanley raised their price targets, while other analysts maintained Buy ratings and cited potential margin improvement and sustained comparable-sales growth. Five Below Share Repurchase Plan
• Neutral Sentiment: Wall Street’s consensus price target implies additional upside, but historical research suggests price-target upside alone is not a reliable predictor. The more important supporting factor is the recent upward trend in earnings estimates. Five Below Analyst Price Target
• Negative Sentiment: Investors should monitor decelerating comparable-sales growth, tariff-related costs, and margin pressure. Broader retail results also point to a divided consumer economy, which could make value-focused demand and profitability more sensitive to economic conditions. Retail Earnings and the U.S. Consumer Economy

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source