• Jefferies sets a new price target of $215 for Five Below, Inc. (NASDAQ:FIVE), indicating a potential 31.51% upside.
• The company reported earnings of $0.68 per share for Q3 2026, significantly beating the Zacks Consensus Estimate.
• Five Below's revenue reached $1.04 billion in Q3 2026, with a year-over-year growth and an optimistic full-year revenue forecast.

Five Below, Inc. (NASDAQ:FIVE) is a popular discount retail chain known for offering a wide range of products priced at $5 or below. The company targets teens and pre-teens with its affordable merchandise, including toys, games, and tech accessories. Five Below competes with other discount retailers like Dollar Tree and Dollar General, but it differentiates itself with its unique product offerings and vibrant store atmosphere.

On December 4, 2025, Jefferies set a new price target of $215 for Five Below, a significant increase from its trading price of $163.48 at the time. This target suggests a potential 31.51% upside, reflecting confidence in the company's growth prospects. Five Below's recent financial performance supports this optimism, as highlighted by Seeking Alpha. The company reported earnings of $0.68 per share for Q3 2026, far exceeding the Zacks Consensus Estimate of $0.22 per share, marking a +209.09% earnings surprise.

Five Below's consistent ability to surpass earnings expectations is noteworthy. Over the past four quarters, the company has consistently outperformed consensus EPS estimates. In Q3 2026, Five Below reported revenues of $1.04 billion, surpassing the Zacks Consensus Estimate by 7.05%. This represents a significant increase from the $843.71 million in revenues reported in the same period last year, demonstrating strong revenue growth.

The company's positive financial results have led to an optimistic outlook for the future. Five Below has raised its full-year revenue forecast for the second consecutive quarter, now anticipating annual revenue between $4.62 billion and $4.65 billion. This follows a successful third quarter, during which the company reported a profit of $36.5 million, as highlighted by the Wall Street Journal.

Currently, Five Below's stock is priced at $164.23, reflecting a slight increase of approximately 0.66% or $1.08. The stock has experienced fluctuations, with a daily low of $160.16 and a high of $168.87. Over the past year, the stock has reached a high of $168.98 and a low of $52.38. With a market capitalization of approximately $9.04 billion and a trading volume of 1,029,793 shares, Five Below remains a significant player in the retail sector.