Fastenal Company Stock Forecast

Stock Price Forecast

The 9 analysts that cover Fastenal Company stock have a consensus rating of "Hold" and an average price target of $44, which forecasts a -11.43% decrease in the stock price over the next year. The lowest target is $40 and the highest is $55.

Price Target: $44 (-11.43%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$40	$44	$42.5	$55
Change	-19.48%	-11.43%	-14.45%	+10.71%

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	+10.71%	Aug 7, 2025
Patrick Baumann JP Morgan	JP Morgan	Hold Maintains $38 → $41	Hold	Maintains	$38 → $41	-17.47%	Jul 15, 2025
David Manthey Baird	Baird	Hold Maintains $43 → $47	Hold	Maintains	$43 → $47	-5.39%	Jul 15, 2025
Tommy Moll Stephens & Co.	Stephens & Co.	Hold Maintains $40 → $45	Hold	Maintains	$40 → $45	-9.42%	Jul 15, 2025
Chris Dankert Loop Capital	Loop Capital	Hold Maintains $40 → $45	Hold	Maintains	$40 → $45	-9.42%	Jul 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

8.38B

from 7.55B

11.04%

from 7.55B

Revenue Next Year

9.16B

from 8.38B

9.31%

from 8.38B

EPS This Year

1.13

from 1.00

13.37%

from 1.00

EPS Next Year

1.26

from 1.13

11.21%

from 1.13

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.65B	6.01B	6.98B	7.35B	7.55B	8.38B	9.16B
Revenue Growth	5.88%	6.44%	16.13%	5.24%	2.71%	11.04%	9.31%
EPS	0.74	0.80	0.94	1.01	1.00	1.13	1.26
EPS Growth	7.99%	7.38%	18.13%	6.88%	-0.99%	13.37%	11.21%
Forward PE	-	-	-	-	-	43.82	39.40
No. Analysts	-	-	-	-	-	20	20

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

Revenue Forecast

Revenue	2025	2026
High	8.7B	9.8B
Avg	8.4B	9.2B
Low	8.0B	8.6B

Revenue Growth

Revenue Growth	2025	2026
High	15.6%	17.1%
Avg	11.0%	9.3%
Low	5.9%	2.3%

EPS Forecast

EPS	2025	2026
High	1.19	1.38
Avg	1.13	1.26
Low	1.07	1.17

EPS Growth

EPS Growth	2025	2026
High	18.6%	21.3%
Avg	13.4%	11.2%
Low	6.8%	2.9%

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.