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Fastenal Company (FAST): analyst forecast and price target
Analyst consensus
Hold3 Buy4 Hold2 Sell
Ratings of 9 analysts in the last 3 months12-month forecast
Based on 9 price targets given in the last 3 months, the average target is $50.57, the highest $60.00, the lowest $46.00. The average is −0.9% from the last price of $51.02.
Analyst ratings 16
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| David Manthey★★★★★★★★★★#293 · hits 66% · avg +15.0% | Robert W. Baird | $59.00 → $60.00+1.7% | Buy | +17.6% | Reiterated | 15.10.26on TipRanks 07:25 | −3.4%next day +2.4% | ↗ |
| Andrew Obin★★★★★★★★★★#119 · hits 70% · avg +18.9% | Bank of America Securities | $55.00 | Buy | +7.8% | Reiterated | 15.10.26on TipRanks 06:45 | −3.4%next day +2.4% | ↗ |
| Connor Cerniglia★★★★★★★★★★#8660 · hits 58% · avg −0.1% | Bernstein | $42.00 → $47.00+11.9% | Sell | −7.9% | Assigned | 15.10.26on TipRanks 06:30 | −3.4%next day +2.4% | ↗ |
| Kenneth Newman★★★★★★★★★★#548 · hits 75% · avg +18.9% | KeyBanc | — | Hold | — | Reiterated | 15.10.26on TipRanks 05:07 | −3.4%next day +2.4% | ↗ |
| Guy Hardwick★★★★★★★★★★#1303 · hits 69% · avg +16.3% | Barclays | $46.00 | Hold | −9.8% | Reiterated | 15.10.26on TipRanks 05:07 | −3.4%next day +2.4% | ↗ |
| AI OpenAI Industrial - DistributionOpenAI 4o | TipRanks - OpenAI | $57.00 → $59.00+3.5% | Buy | +15.6% | Reiterated | 14.10.26on TipRanks 18:05 | — | |
| AI xAi Industrial - DistributionxAI Grok-3 | TipRanks - xAI | $58.00 → $59.00+1.7% | Buy | +15.6% | Reiterated | 14.10.26on TipRanks 10:05 | — | |
| AI DeepSeek Industrial - DistributionDeepSeek R1-0528 | TipRanks - DeepSeek | $59.00 → $57.00−3.4% | Buy | +11.7% | Reiterated | 14.10.26on TipRanks 10:05 | — | |
| AI Anthropic Industrial - DistributionAnthropic Opus-4.1 | TipRanks - Anthropic | $55.00 → $59.00+7.3% | Buy | +15.6% | Upgrade | 14.10.26on TipRanks 10:05 | — | |
| AI Google Industrial - DistributionGemini 2.5Pro | TipRanks - Google | $58.00 → $59.00+1.7% | Buy | +15.6% | Reiterated | 14.10.26on TipRanks 10:05 | — | |
| AI PerPlexity Industrial - DistributionPerPlexity SonarPro | TipRanks - PerPlexity | $58.00 → $59.00+1.7% | Buy | +15.6% | Reiterated | 14.10.26on TipRanks 10:05 | — | |
| Unknown Analyst | UBS | $49.00 | Hold | −4.0% | Reiterated | 16.09.26on TipRanks Sep 17 09:25 | −0.3%next day −0.8% · 5 days +1.9% | ↗ |
| Nigel Coe★★★★★★★★★★#1780 · hits 55% · avg +7.8% | Wolfe Research | $51.00 | Sell | 0.0% | Reiterated | 15.09.26on TipRanks Sep 16 02:20 | +0.4%next day −0.3% · 5 days −1.0% | ↗ |
| Ryan Merkel★★★★★★★★★★#3685 · hits 50% · avg +4.0% | William Blair | — | Buy | — | Reiterated | 04.09.26on TipRanks 10:05 | +1.1%next day +0.1% · 5 days +0.9% | ↗ |
| Chris Dankert★★★★★★★★★★#791 · hits 71% · avg +16.4% | D.A. Davidson | $46.00 | Hold | −9.8% | Reiterated | 03.09.26on TipRanks 07:50 | +1.7%next day +1.1% · 5 days +1.3% | ↗ |
| Kristina Ruggeri★★★★★★★★★★#1597 · hits 59% · avg +12.0% | Argus Research | $50.00 → $55.00+10.0% | Buy | +7.8% | Reiterated | 16.07.26on TipRanks Jul 24 05:09 | +3.4%next day −1.5% · 5 days +0.6% | ↗ |
| Sam Darkatsh★★★★★★★★★★#2322 · hits 51% · avg +5.5% | Raymond James | — | Sell | — | Reiterated | 15.07.26on TipRanks Jul 20 06:30 | −1.2%next day +3.4% · 5 days +0.9% | ↗ |
| Stephen Volkmann★★★★★★★★★★#168 · hits 68% · avg +19.6% | Jefferies | $52.00 | Buy | +1.9% | Reiterated | 15.07.26on TipRanks 08:31 | −1.2%next day +3.4% · 5 days +0.9% | ↗ |
| Christopher Snyder★★★★★★★★★★#992 · hits 60% · avg +13.9% | Morgan Stanley | $48.00 | Hold | −5.9% | Reiterated | 14.07.26on TipRanks Jul 15 06:55 | −3.1%next day −1.2% · 5 days −1.1% | ↗ |
| William Blunt★★★★★★★★★★#8745 · hits 0% · avg −1.1% | Rothschild & Co Redburn | $55.00 | Buy | +7.8% | Initiated | 13.07.26on TipRanks Jul 14 09:35 | +2.0%next day −3.1% · 5 days −3.9% | ↗ |
| Unknown Analyst | Davidson Capital | $46.00 | Hold | −9.8% | Initiated | 16.06.26on TipRanks Jun 23 21:03 | +0.5%next day −1.3% · 5 days +2.5% | ↗ |
| Patrick Baumann★★★★★★★★★★#5103 · hits 62% · avg +7.1% | J.P. Morgan | $46.00 | Hold | −9.8% | Reiterated | 16.01.26on TipRanks 06:20 | +0.6%next day −0.5% · 5 days −0.2% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Fastenal Company
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $50.27 at a price of $49.53 (+1.5%); now: $50.57 at $51.02 (−0.9%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 8 | 10 | 11 | 11 | 9 | 6 |
| Hold | 3 | 6 | 10 | 10 | 8 | 4 |
| Sell | 2 | 2 | 5 | 5 | 7 | 4 |
Earnings and sales forecast
Next report: 19.01.27 (Q4 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $0.30 (from $0.29 to $0.31). Last quarter: $0.35.
Sales
Next quarter’s sales estimate — $2.3B (from $2.2B to $2.4B). Last quarter: $2.5B.
Best top-analyst consensus in the sector · Industrials
About Fastenal Company
- CEO: Jeffery Michael Watts
- Employees: 22,230
- 2001 Theurer Boulevard, Winona, MN, 55987-1500, US
- www.fastenal.com
Fastenal Company, along with its associated entities, operates as a global wholesale supplier of industrial and construction materials, with significant operations throughout North America, including the United States, Canada, and Mexico, and other international markets. Branded as Fastenal, the company offers a comprehensive range of fasteners, such as threaded bolts, nuts, screws, studs, and washers, which are vital for manufacturing processes, building developments, and equipment servicing. Beyond fasteners, its product catalog extends to diverse hardware and miscellaneous items like pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, and rivets, along with their related accessories. Fastenal serves a wide array of clients, including original equipment manufacturers, maintenance, repair, and operations departments within the manufacturing sector, and various non-residential construction contractors spanning general, electrical, plumbing, sheet metal, and road construction. Its customer base further encompasses agricultural businesses, transportation services (trucking, railroads), mining operations, educational institutions, retail establishments, the oil and gas exploration, production, and refinement industries, and governmental bodies at federal, state, and local levels. The company distributes its offerings through an extensive network of 3,209 in-market facilities and 15 major distribution centers. Established in 1967, Fastenal Company's corporate headquarters are located in Winona, Minnesota.
Data from the stock’s TipRanks forecast page, read 4 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗