Five Below (NASDAQ:FIVE) Upgraded by William Blair to “Outperform” Rating

William Blair upgraded shares of Five Below (NASDAQ:FIVE) from a market perform rating to an outperform rating in a report issued on Thursday, Marketbeat.com reports.

Other equities analysts also recently issued reports about the company. Bank of America upgraded Five Below from an “underperform” rating to a “buy” rating and set a $233.00 target price for the company in a research note on Wednesday, February 4th. Wall Street Zen downgraded Five Below from a “buy” rating to a “hold” rating in a report on Sunday, February 8th. Truist Financial set a $236.00 price objective on Five Below in a research report on Wednesday, January 14th. UBS Group set a $255.00 price objective on Five Below in a research note on Tuesday, January 13th. Finally, Jefferies Financial Group increased their target price on Five Below from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $228.19.

Five Below Stock Up 10.7%

Shares of FIVE opened at $235.17 on Thursday. The firm has a market cap of $12.97 billion, a price-to-earnings ratio of 36.40, a PEG ratio of 1.61 and a beta of 1.10. The business’s 50 day moving average is $207.13 and its two-hundred day moving average is $177.81. Five Below has a 52-week low of $52.38 and a 52-week high of $237.25.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 EPS for the quarter, topping the consensus estimate of $4.00 by $0.31. Five Below had a net margin of 7.53% and a return on equity of 19.40%. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the company posted $3.48 earnings per share. The company’s quarterly revenue was up 24.3% compared to the same quarter last year. On average, equities analysts expect that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Activity

In other news, COO Kenneth R. Bull sold 1,925 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $202.29, for a total transaction of $389,408.25. Following the sale, the chief operating officer directly owned 99,115 shares of the company’s stock, valued at $20,049,973.35. The trade was a 1.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Eric M. Specter sold 8,500 shares of the business’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $201.15, for a total value of $1,709,775.00. Following the sale, the chief accounting officer owned 45,724 shares in the company, valued at approximately $9,197,382.60. The trade was a 15.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 15,525 shares of company stock worth $3,135,554. 1.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Five Below

Several institutional investors and hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC grew its position in Five Below by 1.5% in the 4th quarter. Global Retirement Partners LLC now owns 3,264 shares of the specialty retailer’s stock valued at $615,000 after buying an additional 49 shares in the last quarter. Optimize Financial Inc raised its position in shares of Five Below by 1.4% during the 4th quarter. Optimize Financial Inc now owns 3,948 shares of the specialty retailer’s stock worth $744,000 after buying an additional 56 shares in the last quarter. Benjamin Edwards Inc. raised its position in shares of Five Below by 1.6% during the 4th quarter. Benjamin Edwards Inc. now owns 3,743 shares of the specialty retailer’s stock worth $705,000 after buying an additional 60 shares in the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Five Below by 0.5% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 12,338 shares of the specialty retailer’s stock worth $2,324,000 after acquiring an additional 66 shares during the period. Finally, Lido Advisors LLC boosted its holdings in shares of Five Below by 2.7% in the fourth quarter. Lido Advisors LLC now owns 2,559 shares of the specialty retailer’s stock valued at $482,000 after acquiring an additional 68 shares in the last quarter.

Key Headlines Impacting Five Below

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

• Positive Sentiment: Q4 beat and stronger FY26 guidance — Five Below reported a solid Q4 with double-digit comps, revenue and EPS above estimates and issued upbeat FY26 commentary that boosted confidence in near‑term growth. Five Below Q4 Earnings Report
• Positive Sentiment: Wall Street reaction: multiple price‑target raises and upgrades — Several firms (JPMorgan, BofA, UBS, Deutsche Bank, Wells Fargo, BNP Paribas Exane, Truist, William Blair, Telsey, etc.) moved targets and ratings higher after the print, adding fuel to the rally. Five Below earnings blowout has Wall Street scrambling
• Positive Sentiment: Institutional buying and momentum — Reports note sizable institutional inflows and elevated volume around the print, signaling professional conviction behind the move. That interest is supporting the stock’s strength. MarketBeat coverage of institutional flows
• Positive Sentiment: Product/traffic tailwinds — Management cited viral toys, strong holiday merchandising and broad appeal across income cohorts as key drivers of comp gains and traffic improvement. Retail Dive: Five Below holiday performance
• Neutral Sentiment: Earnings call nuance — The conference call emphasized both upside (better inventory access vs. last year) and caution (watching margins, tariffs and execution), so the beat comes with guarded optimism. TipRanks: Earnings call signals growth and caution
• Negative Sentiment: Valuation and some analyst caution — The stock now trades at a high multiple (P/E >40) and at least one major analyst (Morgan Stanley) kept a Hold citing valuation and potential slowing growth. Elevated expectations raise risk of a pullback. TipRanks: Hold rationale on valuation
• Negative Sentiment: Insider selling, tariffs and hedging activity — Recent SEC/third‑party data show insider sales (no recent buys) and commentary that tariffs remain an assumed cost; options activity indicates some holders are hedging. Those are caution flags for near‑term volatility. QuiverQuant: pre/post‑earnings flow and insider data

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.