Five Below (NASDAQ:FIVE) Updates Q1 2026 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.570-1.690 for the period, compared to the consensus estimate of 0.920. 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 7.740-8.250 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on FIVE. William Blair raised Five Below from a “market perform” rating to an “outperform” rating in a research report on Thursday, March 19th. UBS Group lifted their price target on shares of Five Below from $255.00 to $285.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Morgan Stanley boosted their price target on shares of Five Below from $190.00 to $220.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Loop Capital reissued a “buy” rating and issued a $200.00 price objective on shares of Five Below in a research report on Wednesday, December 17th. Finally, Bank of America raised their price objective on shares of Five Below from $260.00 to $305.00 and gave the company a “buy” rating in a report on Thursday, March 19th. One 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $229.86.

Five Below Stock Down 1.3%

NASDAQ:FIVE traded down $2.99 during mid-day trading on Thursday, reaching $225.19. 1,356,473 shares of the stock were exchanged, compared to its average volume of 1,127,810. The stock has a market capitalization of $12.44 billion, a P/E ratio of 34.86, a P/E/G ratio of 1.77 and a beta of 1.07. Five Below has a 1 year low of $55.36 and a 1 year high of $238.40. The company has a 50 day simple moving average of $217.02 and a 200-day simple moving average of $185.94.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 EPS for the quarter, beating analysts’ consensus estimates of $4.00 by $0.31. The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Five Below had a net margin of 7.53% and a return on equity of 18.70%. The business’s revenue was up 24.3% compared to the same quarter last year. During the same period in the prior year, the company earned $3.48 earnings per share. As a group, research analysts predict that Five Below will post 4.93 EPS for the current year.

Insider Buying and Selling

In related news, Director Ronald Sargent sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was 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 in the company, valued at $19,352,122.72. This represents a 10.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Eric M. Specter sold 8,500 shares of the company’s stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $201.15, for a total value of $1,709,775.00. Following the completion of the sale, the chief accounting officer directly owned 45,724 shares in the company, valued at $9,197,382.60. This trade represents a 15.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 35,525 shares of company stock valued at $7,789,754 over the last quarter. Company insiders own 1.90% of the company’s stock.

Key Headlines Impacting Five Below

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

• Positive Sentiment: Company guidance: FIVE gave Q1 EPS guidance of $1.57–$1.69 vs. consensus ~$0.92 and raised FY26 EPS to $7.74–$8.25 vs. consensus ~$6.57; revenue guides of ~$1.2B for Q1 and $5.2B–$5.3B for FY26 also topped expectations. This is a material beat and signals stronger-than-expected sales and margin outlook for 2026.
• Positive Sentiment: Zacks bullish signals: Zacks added FIVE to its Rank #1 (Strong Buy) growth list and published pieces highlighting Five Below as a growth and momentum stock, supporting positive analyst sentiment and investor interest. Best Growth Stocks to Buy for April 9th
• Positive Sentiment: Analyst stance: Coverage remains constructive (average rating cited as “Moderate Buy”), which reinforces the guidance-driven bullish case. Five Below Given Average Rating of “Moderate Buy”
• Neutral Sentiment: Product/brand stories: Multiple consumer pieces (AOL, Yahoo) highlighting popular SKUs and seasonal items can help traffic and brand perception but are incremental vs. company‑level guidance. Five Below’s Flower Scratcher Encourages Healthy Cat Scratching Five Below’s Playful Flower Cat Scratcher Helps Protect Furniture
• Negative Sentiment: Valuation and profit‑taking risk: FIVE trades at a rich multiple (P/E ~35) after a big run to near its 52‑week high. Despite the upbeat guidance, some investors may be locking in gains or waiting to see execution prove out, which can pressure the stock in the near term.

Institutional Trading of Five Below

Institutional investors and hedge funds have recently made changes to their positions in the stock. Pacer Advisors Inc. increased its stake in Five Below by 24.1% in the fourth quarter. Pacer Advisors Inc. now owns 8,993 shares of the specialty retailer’s stock valued at $1,694,000 after purchasing an additional 1,748 shares during the last quarter. Invesco Ltd. increased its stake in shares of Five Below by 108.0% during the 4th quarter. Invesco Ltd. now owns 886,154 shares of the specialty retailer’s stock valued at $166,916,000 after acquiring an additional 460,112 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Five Below by 2,952.0% during the 4th quarter. Corient Private Wealth LLC now owns 151,073 shares of the specialty retailer’s stock worth $28,456,000 after acquiring an additional 146,123 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Five Below by 112.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 17,556 shares of the specialty retailer’s stock worth $3,307,000 after acquiring an additional 9,275 shares during the period. Finally, Virtue Capital Management LLC boosted its position in shares of Five Below by 25.7% in the fourth quarter. Virtue Capital Management LLC now owns 6,810 shares of the specialty retailer’s stock worth $1,317,000 after acquiring an additional 1,391 shares during 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.