Fastenal Company (FAST)
NASDAQ: FAST · Real-Time Price · USD
80.19
-1.25 (-1.53%)
Apr 23, 2025, 4:00 PM EDT - Market closed
Fastenal Company Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Fastenal Company stock have an average target of 81.75, with a low estimate of 72 and a high estimate of 88. The average target predicts an increase of 1.95% from the current stock price of 80.19.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Fastenal Company stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 8 | 9 | 9 | 9 | 9 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 12 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Maintains $75 → $80 | Hold | Maintains | $75 → $80 | -0.24% | Apr 15, 2025 |
| Baird | Baird | Hold Maintains $80 → $86 | Hold | Maintains | $80 → $86 | +7.25% | Apr 14, 2025 |
| William Blair | William Blair | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Mar 10, 2025 |
| Stifel | Stifel | Hold Maintains $86 → $82 | Hold | Maintains | $86 → $82 | +2.26% | Jan 21, 2025 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $86 | Strong Buy → Hold | Downgrades | $86 | +7.25% | Dec 11, 2024 |
Financial Forecast
Revenue This Year
8.22B
from 7.55B
Increased by 8.88%
Revenue Next Year
8.88B
from 8.22B
Increased by 8.05%
EPS This Year
2.21
from 2.00
Increased by 10.66%
EPS Next Year
2.43
from 2.21
Increased by 9.87%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.6B | 9.5B | 10.0B | ||
| Avg | 8.2B | 8.9B | 9.5B | ||
| Low | 7.8B | 8.4B | 9.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.3% | 15.8% | 12.4% | ||
| Avg | 8.9% | 8.0% | 7.2% | ||
| Low | 3.4% | 1.8% | 1.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.44 | 2.84 | 2.75 | ||
| Avg | 2.21 | 2.43 | 2.61 | ||
| Low | 2.06 | 2.23 | 2.43 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.8% | 28.1% | 13.1% | ||
| Avg | 10.7% | 9.9% | 7.4% | ||
| Low | 2.9% | 1.0% | -0.0% |
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.