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FAST Stock Forecast: Fastenal Company Price Predictions for 2026

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$45.46

+0.21 (0.46%)

FAST Stock Forecast 2026-2027

$45.46
Current Price
$52.20B
Market Cap
19 Ratings
Buy 5
Hold 9
Sell 5
Wall St Analyst Ratings

Distance to FAST Price Targets

+14.4%
To High Target of $52.00
-1.0%
To Median Target of $45.00
-16.4%
To Low Target of $38.00

FAST Price Momentum

-2.2%
1 Week Change
-2.0%
1 Month Change
+20.8%
1 Year Change
+13.3%
Year-to-Date Change
-10.2%
From 52W High of $50.63
+28.8%
From 52W Low of $35.31
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Latest FAST Stock Price Targets & Analyst Predictions

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.

FAST Analyst Ratings

5
Buy
9
Hold
5
Sell

FAST Price Target Range

Low
$38.00
Average
$45.00
High
$52.00
Current: $45.46

Latest FAST Stock Forecasts by Analyst

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

Fastenal Company (FAST) Competitors

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 (FAST) Financial Data

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%.

Valuation Metrics

Market Cap $52.20B
Enterprise Value $53.33B
P/E Ratio 42.7x
PEG Ratio 3.3x
Price/Sales 6.5x

Growth & Margins

Revenue Growth (YoY) +11.1%
Gross Margin +44.3%
Operating Margin +19.0%
Net Margin +15.3%
EPS Growth +12.2%

Financial Health

Cash/Price Ratio +0.5%
Current Ratio 4.9x
Debt/Equity 11.2x
ROE +33.3%
ROA +21.2%
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Fastenal Company logo

Fastenal Company (FAST) Business Model

About Fastenal Company

What They Do

Wholesale distributor of industrial and construction supplies.

Business Model

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.

Additional Information

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.

Company Information

Sector

Industrials

Industry

Industrial Distribution

Employees

21,602

CEO

Mr. Daniel L. Florness

Country

United States

IPO Year

1990

Fastenal Company (FAST) Latest News & Analysis

Latest News

FAST stock latest news image
Quick Summary

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.

Why It Matters

Fastenal's strong performance, innovative strategies, and leadership continuity under Jeff Watts enhance investor confidence, signaling potential for sustained growth and margin improvement.

Source: Seeking Alpha
Market Sentiment: Positive
FAST stock latest news image
Quick Summary

Boeing and AT&T are approaching buy points amid a stock market rebound on Tuesday, indicating potential investment opportunities for investors.

Why It Matters

Boeing and AT&T nearing buy points indicates potential growth opportunities, suggesting possible upward momentum in their stock prices, which could attract investor interest.

Source: Investors Business Daily
Market Sentiment: Neutral
FAST stock latest news image
Quick Summary

Dividend investing is highlighted as a dependable strategy for long-term wealth creation, suggesting potential stability and returns for investors.

Why It Matters

Dividend investing signals stable cash flow and company profitability, making it attractive for long-term wealth accumulation and portfolio stability.

Source: 24/7 Wall Street
Market Sentiment: Positive
FAST stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Seeking Alpha
Market Sentiment: Positive
FAST stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Schwab Network
Market Sentiment: Positive
FAST stock latest news image
Quick Summary

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.

Why It Matters

NOBL's strong YTD performance indicates growing investor interest in dividend stocks, while lagging dividend growth may raise concerns about future earnings stability.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About FAST Stock

What is Fastenal Company's (FAST) stock forecast for 2026?

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.

Is FAST stock a good investment in 2026?

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.

What is the long-term price prediction for FAST stock?

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.

What is Fastenal Company's business model?

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.

What is the highest forecasted price for FAST Fastenal Company?

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.

What is the lowest forecasted price for FAST Fastenal Company?

Price targets from Wall Street analysts for FAST are not currently available. The stock is trading at $45.46.

What is the overall FAST consensus from analysts for Fastenal Company?

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.

How accurate are FAST stock price projections?

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.

Important Disclaimer

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.

Last updated: March 14, 2026 2:46 AM UTC
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