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Home โบ Stocks โบ Fastenal Company (FAST) Stock Forecast & Price Prediction United States | NASDAQ | Industrials | Industrial Distribution
$45.46
+0.21 (0.46%)Did FAST Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Fastenal is one of their latest high-conviction picks.
Based on our analysis of 24 Wall Street analysts, FAST has a neutral consensus with a median price target of $45.00 (ranging from $38.00 to $52.00). The overall analyst rating is Buy (6.3/10). Currently trading at $45.46, the median forecast implies a -1.0% downside. This outlook is supported by 5 Buy, 9 Hold, and 5 Sell ratings.
The most optimistic forecast comes from David Manthey at Baird, projecting a 14.4% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for FAST.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 6, 2026 | Barclays | Guy Hardwick | Equal-Weight | Maintains | $44.00 |
| Mar 6, 2026 | Baird | David Manthey | Outperform | Maintains | $52.00 |
| Jan 21, 2026 | Barclays | Guy Hardwick | Equal-Weight | Maintains | $43.00 |
| Dec 15, 2025 | Jefferies | Stephen Volkmann | Buy | Upgrade | $52.00 |
| Nov 13, 2025 | Wolfe Research | Ryan Cooke | Underperform | Downgrade | $43.00 |
| Nov 13, 2025 | Barclays | Guy Hardwick | Equal-Weight | Maintains | $44.00 |
| Nov 12, 2025 | Bernstein | Underperform | Initiates | $38.00 | |
| Oct 14, 2025 | Barclays | Guy Hardwick | Equal-Weight | Maintains | $45.00 |
| Oct 8, 2025 | Barclays | Guy Hardwick | Equal-Weight | Initiates | $49.00 |
| Sep 4, 2025 | JP Morgan | Patrick Baumann | Neutral | Maintains | $46.00 |
| Aug 7, 2025 | Baird | David Manthey | Outperform | Upgrade | $55.00 |
| Jul 15, 2025 | JP Morgan | Patrick Baumann | Neutral | Maintains | $41.00 |
| Jul 15, 2025 | Baird | David Manthey | Neutral | Maintains | $47.00 |
| Jul 15, 2025 | Stephens & Co. | Tommy Moll | Equal-Weight | Maintains | $45.00 |
| Jul 8, 2025 | Loop Capital | Chris Dankert | Hold | Maintains | $45.00 |
| May 27, 2025 | JP Morgan | Patrick Baumann | Neutral | Maintains | $38.00 |
| May 23, 2025 | Morgan Stanley | Chris Snyder | Equal-Weight | Maintains | $40.00 |
| May 22, 2025 | Morgan Stanley | Chris Snyder | Equal-Weight | Maintains | $38.00 |
| Apr 15, 2025 | Stephens & Co. | Tommy Moll | Equal-Weight | Maintains | $80.00 |
| Apr 14, 2025 | Baird | David Manthey | Neutral | Maintains | $86.00 |
The following stocks are similar to Fastenal based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Fastenal Company has a market capitalization of $52.20B with a P/E ratio of 42.7x. The company generates $8.20B in trailing twelve-month revenue with a 15.3% profit margin.
Revenue growth is +11.1% quarter-over-quarter, while maintaining an operating margin of +19.0% and return on equity of +33.3%.
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Wholesale distributor of industrial and construction supplies.
The company generates revenue by selling a wide range of industrial and construction supplies, particularly fasteners, to various sectors including manufacturing, construction, and healthcare. It operates through over 3,500 branch locations and offers on-site solutions such as vending machines and digital inventory management to enhance supply chain efficiency for its customers.
Founded in 1967 and headquartered in Winona, Minnesota, Fastenal Company has a strong presence in the industrial distribution sector, serving clients across North America, Europe, Asia, and the Middle East. Its extensive product assortment and strategic distribution model make it a key player in optimizing supply chains for diverse industries.
Industrials
Industrial Distribution
21,602
Mr. Daniel L. Florness
United States
1990
Fastenal, a supply chain leader, is expanding its fastener project, boosting margins despite new location challenges. Incoming CEO Jeff Watts ensures continuity in leadership and strategy.
Fastenal's strong performance, innovative strategies, and leadership continuity under Jeff Watts enhance investor confidence, signaling potential for sustained growth and margin improvement.
Boeing and AT&T are approaching buy points amid a stock market rebound on Tuesday, indicating potential investment opportunities for investors.
Boeing and AT&T nearing buy points indicates potential growth opportunities, suggesting possible upward momentum in their stock prices, which could attract investor interest.
Dividend investing is highlighted as a dependable strategy for long-term wealth creation, suggesting potential stability and returns for investors.
Dividend investing signals stable cash flow and company profitability, making it attractive for long-term wealth accumulation and portfolio stability.
The 4-Factor Dividend Growth Portfolio targets high-quality dividend stocks and has achieved a 14.17% annualized return, outperforming SCHD by 2.12% with a focus on cash flow and dividend growth.
The 4-Factor Dividend Growth Portfolio's strong performance and focus on quality metrics present a compelling investment alternative to SCHD, potentially enhancing returns while managing risk.
Jessica Inskip suggests investors seek stocks and commodities that have moved "too far, too fast" for trading opportunities. She highlights Fastenal (FAST), Nvidia (NVDA), and Alphabet (GOOGL) as bullish picks.
Stocks and commodities that have rapidly moved can present trading opportunities in volatile markets. Inskip's focus on Fastenal, Nvidia, and Alphabet suggests potential growth in these stocks.
The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) is up 9.39% YTD in 2026, outpacing SPY's 1.08%. However, dividend growth averages only 3.22%, indicating potential challenges ahead.
NOBL's strong YTD performance indicates growing investor interest in dividend stocks, while lagging dividend growth may raise concerns about future earnings stability.
Based on our analysis of 24 Wall Street analysts, Fastenal Company (FAST) has a median price target of $45.00. The highest price target is $52.00 and the lowest is $38.00.
According to current analyst ratings, FAST has 5 Buy ratings, 9 Hold ratings, and 5 Sell ratings. The stock is currently trading at $45.46. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict FAST stock could reach $45.00 in the next 12 months. This represents a -1.0% decrease from the current price of $45.46. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by selling a wide range of industrial and construction supplies, particularly fasteners, to various sectors including manufacturing, construction, and healthcare. It operates through over 3,500 branch locations and offers on-site solutions such as vending machines and digital inventory management to enhance supply chain efficiency for its customers.
The highest price target for FAST is $52.00 from David Manthey at Baird, which represents a 14.4% increase from the current price of $45.46.
Price targets from Wall Street analysts for FAST are not currently available. The stock is trading at $45.46.
The overall analyst consensus for FAST is neutral. Out of 24 Wall Street analysts, 5 rate it as Buy, 9 as Hold, and 5 as Sell, with a median price target of $45.00.
Stock price projections, including those for Fastenal Company, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.