Fastenal (FAST) Stock Forecast, Price Target & Predictions


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FAST Stock Forecast


Fastenal (FAST) stock forecast, based on 26 Wall Street analysts, predicts a 12-month average price target of $69.40, with a high of $86.00 and a low of $50.00. This represents a -15.00% decline from the last price of $81.65.

$50 $58 $66 $74 $82 $90 High: $86 Avg: $69.4 Low: $50 Last Closed Price: $81.65

FAST Stock Rating


Fastenal stock's rating consensus is Hold, based on 26 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (34.62%), 16 Hold (61.54%), 1 Sell (3.85%), and 0 Strong Sell (0.00%).

Hold
Total 26 1 16 9 Strong Sell Sell Hold Buy Strong Buy

FAST Price Target Upside V Benchmarks


TypeNameUpside
StockFastenal-15.00%
SectorIndustrials Stocks 28.19%

Price Target Trends


1M3M12M
# Anlaysts--9
Avg Price Target--$73.11
Last Closing Price$81.65$81.65$81.65
Upside/Downside---10.46%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25-3103117
Mar, 25-2123118
Feb, 25-2123118
Jan, 25-2123118
Dec, 24-3123119
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 14, 2024Christopher SnyderMorgan Stanley$76.00$77.16-1.50%-6.92%
Oct 14, 2024Chris DankertLoop Capital Markets$72.00$76.82-6.27%-11.82%
Oct 14, 2024Brian ButlerStifel Nicolaus$86.00$76.8211.95%5.33%
Oct 14, 2024David MantheyRobert W. Baird$80.00$76.824.14%-2.02%
Oct 14, 2024Tommy MollStephens$75.00$76.82-2.37%-8.14%
Oct 10, 2024Tommy MollStephens$56.00$70.55-20.62%-31.41%
Sep 06, 2024Christopher SnyderMorgan Stanley$72.00$65.1810.46%-11.82%
Jun 06, 2024Stephen VolkmannJefferies$74.00$63.8815.84%-9.37%
May 29, 2024David MantheyRobert W. Baird$67.00$64.763.46%-17.94%
Apr 15, 2024Chris DankertLoop Capital Markets$66.00$70.45-6.32%-19.17%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Apr 03, 2025Wolfe ResearchUnderperformPeer Performupgrade
Mar 10, 2025William BlairOutperformupgrade
Dec 11, 2024HSBCHoldReducedowngrade
Oct 14, 2024Morgan StanleyEqual-WeightEqual-Weighthold
Oct 14, 2024Piper SandlerNeutralNeutralhold
Oct 14, 2024KeyBancSector WeightSector Weighthold
Oct 10, 2024StephensEqual-WeightEqual-Weighthold
Oct 07, 2024StephensBuyBuyhold
Sep 06, 2024StephensBuyBuyhold
Sep 06, 2024Morgan StanleyEqual-WeightPositiveinitialise

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.50$1.61$1.89$2.02$2.01----
Avg Forecast$1.48$1.58$1.88$2.00$2.03$2.15$2.35$2.51$2.71
High Forecast$1.51$1.61$1.91$2.02$2.05$2.25$2.47$2.63$2.80
Low Forecast$1.46$1.56$1.86$1.96$2.02$2.10$2.30$2.44$2.66
Surprise %1.35%1.90%0.53%1.00%-0.99%----

Revenue Forecast

$6B $7B $8B $9B $10B $11B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.65B$6.01B$6.98B$7.35B$7.55B----
Avg Forecast$5.63B$5.99B$6.97B$7.35B$7.56B$8.05B$8.69B$9.27B$9.95B
High Forecast$5.71B$6.07B$7.05B$7.36B$7.57B$8.15B$8.82B$9.31B$10.21B
Low Forecast$5.58B$5.93B$6.91B$7.33B$7.54B$7.99B$8.54B$9.23B$9.80B
Surprise %0.28%0.39%0.20%-0.01%-0.23%----

Net Income Forecast

$600M $810M $1B $1B $1B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$859.10M$925.00M$1.09B$1.16B$1.15B----
Avg Forecast$801.40M$901.05M$1.05B$1.16B$1.17B$1.24B$1.35B$1.47B$1.56B
High Forecast$961.67M$1.08B$1.26B$1.39B$1.18B$1.29B$1.42B$1.51B$1.61B
Low Forecast$641.12M$720.84M$837.58M$924.00M$1.16B$1.21B$1.32B$1.40B$1.53B
Surprise %7.20%2.66%3.81%--1.39%----

FAST Forecast FAQ


Is Fastenal stock a buy?

Fastenal stock has a consensus rating of Hold, based on 26 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 9 Buy, 16 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Fastenal is a neutral investment for most analysts.

What is Fastenal's price target?

Fastenal's price target, set by 26 Wall Street analysts, averages $69.4 over the next 12 months. The price target range spans from $50 at the low end to $86 at the high end, suggesting a potential -15.00% change from the previous closing price of $81.65.

How does Fastenal stock forecast compare to its benchmarks?

Fastenal's stock forecast shows a -15.00% downside, underperforming the average forecast for the industrials stocks sector (28.19%).

What is the breakdown of analyst ratings for Fastenal over the past three months?

  • April 2025: 0% Strong Buy, 17.65% Buy, 58.82% Hold, 17.65% Sell, 5.88% Strong Sell.
  • March 2025: 0% Strong Buy, 11.11% Buy, 66.67% Hold, 16.67% Sell, 5.56% Strong Sell.
  • February 2025: 0% Strong Buy, 11.11% Buy, 66.67% Hold, 16.67% Sell, 5.56% Strong Sell.

What is Fastenal’s EPS forecast?

Fastenal's average annual EPS forecast for its fiscal year ending in December 2025 is $2.15, marking a 6.97% increase from the reported $2.01 in 2024. Estimates for the following years are $2.35 in 2026, $2.51 in 2027, and $2.71 in 2028.

What is Fastenal’s revenue forecast?

Fastenal's average annual revenue forecast for its fiscal year ending in December 2025 is $8.05B, reflecting a 6.64% increase from the reported $7.55B in 2024. The forecast for 2026 is $8.69B, followed by $9.27B for 2027, and $9.95B for 2028.

What is Fastenal’s net income forecast?

Fastenal's net income forecast for the fiscal year ending in December 2025 stands at $1.24B, representing an 7.48% increase from the reported $1.15B in 2024. Projections indicate $1.35B in 2026, $1.47B in 2027, and $1.56B in 2028.