Research Analysts’ Weekly Ratings Changes for Five Below (FIVE)

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

• 7/21/2026 – Five Below was downgraded by Susquehanna to “neutral”.
• 7/21/2026 – Five Below is now covered by BMO Capital Markets. They set an “outperform” rating on the stock.
• 7/21/2026 – Five Below was upgraded by HSBC Holdings plc to “hold”.
• 7/21/2026 – Five Below was upgraded by Raymond James Financial, Inc. to “outperform”.
• 7/21/2026 – Five Below was downgraded by Morgan Stanley from “equal weight” to “underweight”.
• 7/21/2026 – Five Below was upgraded by Sanford C. Bernstein from “market perform” to “outperform”. They now have a $250.00 price target on the stock, up from $247.00.
• 7/9/2026 – Five Below is now covered by The Goldman Sachs Group, Inc.. They set a “buy” rating on the stock.
• 7/9/2026 – Five Below was upgraded by Wolfe Research from “cautious” to “outperform”.
• 7/9/2026 – Five Below is now covered by Citigroup Inc.. They set a “market perform” rating on the stock.
• 7/9/2026 – Five Below was downgraded by Royal Bank Of Canada to “sector perform”.
• 7/9/2026 – Five Below was upgraded by Mizuho from “neutral” to “outperform”. They now have a $220.00 price target on the stock, down from $225.00.
• 7/7/2026 – Five Below was given a new $215.00 price target by Evercore Inc.
• 6/23/2026 – Five Below was downgraded by Wolfe Research from “outperform” to “peer perform”.
• 6/8/2026 – Five Below had its price target lowered by Guggenheim from $260.00 to $250.00. They now have a “buy” rating on the stock.
• 6/5/2026 – Five Below was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 6/5/2026 – Five Below had its price target lowered by Barclays PLC from $240.00 to $224.00. They now have an “equal weight” rating on the stock.
• 6/4/2026 – Five Below had its price target raised by Craig Hallum from $255.00 to $270.00. They now have a “buy” rating on the stock.
• 6/4/2026 – Five Below had its “buy” rating reaffirmed by UBS Group AG. They now have a $285.00 price target on the stock.
• 6/4/2026 – Five Below was given a new $220.00 price target by Evercore Inc.
• 6/4/2026 – Five Below had its “sector weight” rating reaffirmed by KeyCorp.
• 6/4/2026 – Five Below had its price target raised by Sanford C. Bernstein from $243.00 to $247.00. They now have a “market perform” rating on the stock.
• 6/4/2026 – Five Below had its price target lowered by Mizuho from $240.00 to $225.00. They now have a “neutral” rating on the stock.
• 6/4/2026 – Five Below had its “hold” rating reaffirmed by Jefferies Financial Group Inc..
• 6/4/2026 – Five Below had its “outperform” rating reaffirmed by Wolfe Research. They now have a $242.00 price target on the stock.
• 6/4/2026 – Five Below had its price target raised by BNP Paribas Exane from $262.00 to $291.00. They now have an “outperform” rating on the stock.
• 6/4/2026 – Five Below had its “buy” rating reaffirmed by Loop Capital. They now have a $250.00 price target on the stock.
• 6/4/2026 – Five Below had its price target lowered by Morgan Stanley from $245.00 to $235.00. They now have an “equal weight” rating on the stock.

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.