Telsey Advisory Group raised its Five Below Inc. price target to $280. This new target increases the previous estimate of $260. The firm reiterated its Outperform rating on the stock.
Telsey anticipates a strong fiscal 2026 second quarter driven by sustained business momentum and successful merchandising. The firm raised its comparable sales estimate to 10.0%. Telsey increased its adjusted earnings per share estimate to $1.41, which exceeds the company's guidance.
Mizuho recently raised its price target for the retailer to $278. Truist Securities also increased its price target to $273. Nine analysts have revised their earnings estimates upward for the upcoming period according to InvestingPro.
Five Below will release its second-quarter earnings results on September 2. The company will also celebrate the grand opening of its 16th San Antonio store on that date.