JP Morgan Boosts Five Below Target to $368, Sees 53% Upside

JP Morgan Chase & Co. has raised its target price for Five Below (NASDAQ:FIVE) stock to $368.00 from $325.00, indicating a potential upside of 53.36% from the current price. The brokerage firm currently holds an 'overweight' rating on the specialty retailer's stock.

The target price increase is part of several recent updates by analysts, including KeyCorp and Wall Street Zen, which have also revised their price targets for Five Below. However, not all analysts are optimistic about the stock's prospects, with some firms, such as The Goldman Sachs Group, downgrading their ratings to 'sell'.

Five Below has been performing well in recent quarters, with a 22.9% year-over-year increase in revenue and a Q2 adjusted EPS of $1.68, exceeding analyst estimates. The company has also raised its fiscal 2026 guidance to revenue of $5.63 billion-$5.71 billion and adjusted EPS of $9.83-$10.31.