Telsey Advisory Group Predicts Five Below Q3 Earnings

Key Points

• Investment analysts at Telsey Advisory Group have increased their Q3 2026 earnings per share estimate for Five Below from a loss of ($0.02) to a profit of $0.22, maintaining an "Outperform" rating with a target price of $170.00.
• Five Below's recent quarterly earnings report showed earnings of $0.81 EPS, exceeding analyst expectations of $0.61, with revenue of $1.03 billion, up 23.7% year-over-year.
• Despite positive earnings outlooks, the stock recently opened down 3.3%, reflecting bearish sentiments from some analysts including Bank of America lowering its target price.

Five Below, Inc. (NASDAQ:FIVE - Free Report) - Investment analysts at Telsey Advisory Group boosted their Q3 2026 earnings per share estimates for Five Below in a research report issued to clients and investors on Thursday, August 28th. Telsey Advisory Group analyst J. Feldman now forecasts that the specialty retailer will post earnings per share of $0.22 for the quarter, up from their prior forecast of ($0.02). Telsey Advisory Group has a "Outperform" rating and a $170.00 price objective on the stock. The consensus estimate for Five Below's current full-year earnings is $4.93 per share. Telsey Advisory Group also issued estimates for Five Below's Q2 2027 earnings at $0.73 EPS, Q3 2027 earnings at $0.48 EPS and FY2027 earnings at $5.68 EPS.

FIVE has been the subject of several other research reports. Guggenheim upped their price objective on shares of Five Below from $155.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, August 29th. The Goldman Sachs Group raised their target price on shares of Five Below from $143.00 to $162.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. raised their target price on shares of Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Citigroup raised their target price on shares of Five Below from $142.00 to $152.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. Finally, Barclays set a $135.00 target price on shares of Five Below in a research note on Thursday, August 28th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $143.56.

Five Below Stock Up 2.1%

Five Below stock traded up $3.18 during midday trading on Monday, reaching $154.16. The company's stock had a trading volume of 552,365 shares, compared to its average volume of 1,926,122. Five Below has a fifty-two week low of $52.38 and a fifty-two week high of $154.30. The company has a market cap of $8.50 billion, a P/E ratio of 31.18, a P/E/G ratio of 12.79 and a beta of 1.09. The business has a 50-day simple moving average of $137.24 and a 200-day simple moving average of $106.52.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The company had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $988.91 million. During the same period last year, the firm earned $0.54 earnings per share. Five Below's quarterly revenue was up 23.7% on a year-over-year basis. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FIVE. The Manufacturers Life Insurance Company boosted its stake in shares of Five Below by 1.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 44,334 shares of the specialty retailer's stock valued at $4,653,000 after acquiring an additional 698 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Five Below by 23.4% during the fourth quarter. Northern Trust Corp now owns 553,939 shares of the specialty retailer's stock valued at $58,141,000 after acquiring an additional 104,883 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of Five Below during the fourth quarter valued at $15,160,000. Comerica Bank boosted its stake in shares of Five Below by 49.6% during the fourth quarter. Comerica Bank now owns 32,882 shares of the specialty retailer's stock valued at $3,451,000 after acquiring an additional 10,896 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of Five Below during the fourth quarter valued at $6,665,000.

Insider Activity at Five Below

In other news, EVP Ronald James Masciantonio sold 818 shares of the company's stock in a transaction on Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the transaction, the executive vice president directly owned 9,858 shares of the company's stock, valued at $1,443,309.78. This represents a 7.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Amit Jhunjhunwala sold 1,700 shares of the company's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $125.17, for a total transaction of $212,789.00. Following the transaction, the insider directly owned 25,890 shares in the company, valued at approximately $3,240,651.30. This trade represents a 6.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,518 shares of company stock valued at $1,261,787. Company insiders own 1.90% of the company's stock.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.