Fastenal Company (FAST)

Fastenal Company Stock Forecast

Stock Price Forecast

According to 9 professional analysts, the 12-month price target for Fastenal Company stock ranges from a low of $40 to a high of $55. The average analyst price target of $44 forecasts a -10.59% decrease in the stock price over the next year.

Price Target: $44.00 (-10.59%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$40	$44	$42.5	$55
Change	-18.72%	-10.59%	-13.64%	+11.77%

Analyst Ratings

The average analyst rating for Fastenal Company stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	2	1	1	1	1	1
Buy	1	1	1	1	1	2
Hold	9	9	7	7	8	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	11	9	9	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Manthey Baird	Baird	Hold → Buy Upgrades $47 → $55	Hold → Buy	Upgrades	$47 → $55	+11.77%	Aug 7, 2025
Patrick Baumann JP Morgan	JP Morgan	Hold Maintains $38 → $41	Hold	Maintains	$38 → $41	-16.68%	Jul 15, 2025
David Manthey Baird	Baird	Hold Maintains $43 → $47	Hold	Maintains	$43 → $47	-4.49%	Jul 15, 2025
Tommy Moll Stephens & Co.	Stephens & Co.	Hold Maintains $40 → $45	Hold	Maintains	$40 → $45	-8.56%	Jul 15, 2025
Chris Dankert Loop Capital	Loop Capital	Hold Maintains $40 → $45	Hold	Maintains	$40 → $45	-8.56%	Jul 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

8.38B

Increased by 11.03%

from 7.55B

Revenue Next Year

9.15B

Increased by 9.20%

from 8.38B

EPS This Year

1.11

Increased by 11.38%

from 1.00

EPS Next Year

1.22

Increased by 9.77%

from 1.11

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.65B	6.01B	6.98B	7.35B	7.55B	8.38B	9.15B	9.79B
Revenue Growth	5.88%	6.44%	16.13%	5.24%	2.71%	11.03%	9.20%	7.00%
EPS	0.74	0.80	0.94	1.01	1.00	1.11	1.22	1.31
EPS Growth	7.99%	7.38%	18.13%	6.88%	-0.99%	11.38%	9.77%	7.50%
Forward PE	-	-	-	-	-	44.18	40.25	37.44
No. Analysts	-	-	-	-	-	20	20	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	8.7B	9.7B	10.5B
Avg	8.4B	9.1B	9.8B
Low	8.0B	8.6B	9.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	15.4%	15.4%	14.7%
Avg	11.0%	9.2%	7.0%
Low	5.9%	2.3%	0.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.19	1.34	1.37
Avg	1.11	1.22	1.31
Low	1.03	1.12	1.24

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	18.6%	20.7%	12.1%
Avg	11.4%	9.8%	7.5%
Low	2.9%	0.3%	1.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.