Five Below (FIVE) Stock Hits All-Time High as BlackRock Takes $965M Stake
TLDR
- Five Below stock hit an all-time high of $251.71, up 78% over the past year
- BlackRock acquired a 9.71% stake worth approximately $965 million
- Q2 EPS of $2.22 crushed the $1.77 estimate; revenue rose 32.5% year over year to $1.29 billion
- Jefferies upgraded the stock from Hold to Buy, raising its price target to $350
- Analyst consensus sits at “Moderate Buy” with an average price target of $262.80
Five Below stock hit an all-time high of $251.71 on Monday, capping a 78% run over the past 12 months. The stock trades with a market cap of $13.84 billion and a PE ratio of 31.60.
The record price comes shortly after a blowout earnings report. Five Below posted Q2 EPS of $2.22, beating the analyst estimate of $1.77 by $0.45. Revenue came in at $1.29 billion, up 32.5% year over year and ahead of the $1.23 billion consensus.
That compares to EPS of just $0.86 in the same quarter last year, a jump that caught Wall Street’s attention in a big way.
For the full year, Five Below guided for EPS of $8.65 to $9.05. Analysts currently expect $9.08 EPS for FY2026.
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