Five Below price target raised to $285 from $255 at UBS

UBS raised the firm’s price target on Five Below (FIVE) to $285 from $255 and keeps a Buy rating on the shares. Five Below delivered a strong Q4 with a 15.4% comp, meeting elevated expectations and demonstrating broad-based momentum driven by refreshed merchandising and marketing initiatives heading into 2026, the analyst tells investors in a research note. Guidance appears conservative, implying a sharp back-half deceleration and no gross margin benefit from potential IEEPA tariff repeal, positioning the company for continued upward estimate revisions, UBS says.