Five Below, Inc.
Overview
Research report on Five Below: what it sells and where the dollar lands, a one-store money ladder, traffic versus ticket and the IEEPA tariff refund, competitors and two TAM anchors, fiscal 2030 scenarios against consensus, a 31 Oct 2026 valuation with per-share values, and a leadership, insider and governance review.
| Information | Status | As of |
|---|---|---|
| Detailed research report | Yes | 2026-10-31 |
| Rule-based screens | Not in the screened S&P 500 set | |
| Valuation | Above fair value · -1% to USD 238 | 2026-10-30 |
| Chart-pattern read | No call (target hit) | 2026-10-30 |
| Paper portfolio | Held since 2026-08-27 | 2026-10-30 |
Research
A traffic-led comeback, a one-off tariff windfall, and a price that already sits above our base case
Quality compounder priced above our base case. At USD 240.96 (30 Oct 2026) the stock trades at 23.5x consensus fiscal 2026 adjusted EPS; our values are USD 82.6 bust, 202.1 base, 289.0 boom. Comps are traffic-led (+18.3% in H1 2026) but Q2 GAAP EPS was inflated by a USD 163.6M one-off tariff refund. Consensus target USD 305.27 (26 analysts, 14 Oct 2026); Morningstar pending. Q3 results, expected early December 2026, are the next test.
Researched 31 Oct 2026 · IBKR ratings pending
Valuation
Above fair value · -1% to USD 238
Average of the dated sources shown in the report, with the price chart. Open the fair-value section.
Charts
No call: the pattern is target hit.
Portfolio activity Paper
Held: 24.01 shares at an average cost of 243.36, 10.0% of the account, opened 2026-08-27; unrealized -0.99%.
| Date | Action | Shares | Price |
|---|---|---|---|
| 2026-10-15 | BUY | 4.801 | 219.99 |
| 2026-08-27 | BUY | 19.21 | 249.20 |