{
  "id": 5315818,
  "title": "Guggenheim raises Five Below stock price target to $290 on turnaround",
  "url": "https://urgent.news/2026/09/03/guggenheim-raises-five-below-stock-price-target-to-290-on-turnaround",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T11:35:04.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/guggenheim-raises-five-below-stock-price-target-to-290-on-turnaround-93CH-4887614"
  },
  "original_language": "en",
  "account": "Guggenheim increased its price target for Five Below stock (NASDAQ:FIVE) to $290 from $250, maintaining a Buy rating, on Tuesday. Analyst John Heinbockel noted a 5% rise in the stock's price during after-hours trading, even as the broader S&P 500 remained unchanged on Monday. Heinbockel attributed this modest gain to the challenges presented by year-over-year comparisons into 2027. He emphasized the substantial and enduring top-line turnaround at the company, attributing it to significant changes in product offerings, marketing strategies, and store presentation. Investors are now more confident in the ability of the differentiated brand to reach its full potential, according to Heinbockel. The analyst's revised estimates are based on robust third-quarter-to-date third-party data, with the stock currently trading at a P/E ratio of 30.44 and an attractive PEG ratio of 0.46, suggesting strong growth potential relative to its valuation. Over the past year, Five Below has delivered a 61% return, reflecting investor enthusiasm for the company's turnaround. Eleven analysts have recently raised their earnings estimates for the upcoming period, indicating undervaluation under most scenarios, particularly if the secular EBITDA algorithm settles into at least the low teens. Five Below reported strong second-quarter fiscal 2026 results, exceeding Wall Street expectations with adjusted earnings of $1.68 per share on revenue of $1.26 billion. Comparable sales increased by 14%, driven by a 13% rise in customer traffic and transactions. Following these results, the company raised its full-year guidance, prompting other analysts to adjust their price targets accordingly.",
  "summary": null,
  "key_points": [
    "Guggenheim raises Five Below stock price target to $290 from $250",
    "Analyst John Heinbockel cites 5% stock price rise after-hours",
    "Turnaround attributed to product, marketing, and store changes"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}