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

Five Below (NASDAQ: FIVE) has recently received a number of price target changes and ratings updates:

• 3/21/2026 – Five Below was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/20/2026 – Five Below had its price target raised by Guggenheim from $225.00 to $260.00. They now have a “buy” rating on the stock.
• 3/19/2026 – Five Below had its price target raised by JPMorgan Chase & Co. from $259.00 to $296.00. They now have an “overweight” rating on the stock.
• 3/19/2026 – Five Below had its price target raised by Deutsche Bank Aktiengesellschaft from $247.00 to $287.00. They now have a “buy” rating on the stock.
• 3/19/2026 – Five Below had its price target raised by BNP Paribas Exane from $189.00 to $262.00. They now have an “outperform” rating on the stock.
• 3/19/2026 – Five Below had its price target raised by Truist Financial Corporation from $236.00 to $261.00. They now have a “buy” rating on the stock.
• 3/19/2026 – Five Below had its price target raised by Bank of America Corporation from $260.00 to $305.00. They now have a “buy” rating on the stock.
• 3/19/2026 – Five Below had its price target raised by UBS Group AG from $255.00 to $285.00. They now have a “buy” rating on the stock.
• 3/19/2026 – Five Below had its price target raised by Citigroup Inc. from $200.00 to $235.00. They now have a “neutral” rating on the stock.
• 3/19/2026 – Five Below had its price target raised by Wells Fargo & Company from $220.00 to $260.00. They now have an “overweight” rating on the stock.
• 3/19/2026 – Five Below was upgraded by William Blair from “market perform” to “outperform”.
• 3/19/2026 – Five Below had its price target raised by Telsey Advisory Group from $240.00 to $260.00. They now have an “outperform” rating on the stock.
• 3/17/2026 – Five Below had its “buy” rating reaffirmed by Craig Hallum. They now have a $246.00 price target on the stock.
• 3/17/2026 – Five Below had its price target raised by Mizuho from $185.00 to $205.00. They now have a “neutral” rating on the stock.
• 3/10/2026 – Five Below had its “outperform” rating reaffirmed by Telsey Advisory Group. They now have a $240.00 price target on the stock.
• 3/10/2026 – Five Below had its price target raised by Barclays PLC from $193.00 to $211.00. They now have an “equal weight” rating on the stock.
• 2/23/2026 – Five Below had its price target raised by JPMorgan Chase & Co. from $246.00 to $259.00. They now have an “overweight” rating on the stock.
• 2/9/2026 – Five Below had its “market perform” rating reaffirmed by Sanford C. Bernstein. They now have a $206.00 price target on the stock.
• 2/8/2026 – Five Below was downgraded by Wall Street Zen from “buy” to “hold”.
• 2/4/2026 – Five Below was upgraded by Bank of America Corporation from “underperform” to “buy”. They now have a $233.00 price target on the stock.
• 1/31/2026 – Five Below was upgraded by Wall Street Zen from “hold” to “buy”.

Insider Buying and Selling

In other Five Below news, COO Kenneth R. Bull sold 10,000 shares of Five Below stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.14, for a total value of $2,341,400.00. Following the completion of the transaction, the chief operating officer directly owned 92,531 shares of the company’s stock, valued at $21,665,208.34. The trade was a 9.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ronald Sargent sold 10,000 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $231.28, for a total value of $2,312,800.00. Following the sale, the director owned 83,674 shares of the company’s stock, valued at approximately $19,352,122.72. The trade was a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 35,525 shares of company stock valued at $7,789,754 over the last 90 days. 1.90% of the stock is owned by corporate insiders.

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.