Five Below (NASDAQ:FIVE) Updates Q3 2026 Earnings Guidance

Five Below (NASDAQ:FIVE) updated its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.010-1.130 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Five Below also updated its FY 2026 guidance to 9.830-10.310 EPS.

Analyst Ratings Changes

A number of equities analysts recently weighed in on FIVE shares. Cantor Fitzgerald lowered shares of Five Below to a “neutral” rating in a research report on Thursday, August 13th. Truist Financial boosted their price target on shares of Five Below from $265.00 to $273.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. JPMorgan Chase & Co. lifted their price objective on Five Below from $296.00 to $306.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Evercore set a $215.00 price target on Five Below in a report on Tuesday, July 7th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Five Below in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $267.45.

Five Below Stock Performance

Five Below stock opened at $243.08 on Thursday. The company has a market cap of $13.44 billion, a price-to-earnings ratio of 30.69, a PEG ratio of 1.27 and a beta of 0.99. Five Below has a 1 year low of $137.77 and a 1 year high of $263.88. The firm has a 50 day moving average price of $215.71 and a 200 day moving average price of $217.34.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the business earned $0.81 earnings per share. The firm’s quarterly 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. Sell-side analysts predict that Five Below will post 9.19 EPS for the current year.

More Five Below News

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

• Positive Sentiment: Results exceeded expectations. Fiscal Q2 adjusted EPS was $1.68 versus the $1.40 consensus estimate, while revenue rose 22.9% year over year to $1.26 billion, ahead of the $1.22 billion forecast. Comparable sales increased 14.1%, signaling strong customer traffic and merchandising momentum. Five Below Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised its full-year outlook. Five Below now expects fiscal 2026 sales of approximately $5.63 billion to $5.71 billion, up from its prior $5.40 billion-$5.48 billion forecast, and issued third-quarter adjusted EPS guidance of $1.01-$1.13, above the $0.86 consensus. Full-year adjusted EPS guidance was set at $9.83-$10.31. Five Below Fiscal 2026 Outlook
• Positive Sentiment: Share repurchase authorization supports the stock. The company announced a new $600 million buyback plan, which could reduce shares outstanding and provide additional earnings-per-share support. Five Below also opened 52 net new stores during the quarter, ending with 2,022 locations. Five Below Unveils Share Repurchase Plan
• Positive Sentiment: Analyst sentiment strengthened. William Blair reaffirmed a Buy rating with long-term upside toward $300, while Bank of America reiterated Buy and raised its price target to $340, citing sustained comparable-sales growth and potential margin upside. Bank of America Raises Five Below Price Target
• Neutral Sentiment: Investor positioning is mixed. Some institutional investors increased holdings while others reduced positions, creating no clear fund-flow signal.
• Negative Sentiment: Insider selling and valuation may limit gains. Several insiders sold shares over the past six months, and the stock trades at roughly 31 times earnings, leaving limited room for disappointment after its strong run.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Lido Advisors LLC raised its holdings in shares of Five Below by 2.7% during the 4th quarter. Lido Advisors LLC now owns 2,559 shares of the specialty retailer’s stock valued at $482,000 after buying an additional 68 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of Five Below by 3.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,047 shares of the specialty retailer’s stock valued at $386,000 after purchasing an additional 69 shares during the period. Parallel Advisors LLC lifted its position in shares of Five Below by 17.5% during the third quarter. Parallel Advisors LLC now owns 625 shares of the specialty retailer’s stock worth $97,000 after purchasing an additional 93 shares in the last quarter. State of Tennessee Department of Treasury boosted its stake in shares of Five Below by 0.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 22,158 shares of the specialty retailer’s stock valued at $4,246,000 after purchasing an additional 94 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in Five Below by 5.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,038 shares of the specialty retailer’s stock valued at $384,000 after purchasing an additional 113 shares in the last quarter.

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.