Fastenal Company (FAST)
NASDAQ: FAST · Real-Time Price · USD
74.78
-0.36 (-0.48%)
At close: Feb 21, 2025, 4:00 PM
74.77
-0.01 (-0.01%)
After-hours: Feb 21, 2025, 4:37 PM EST
Fastenal Company Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Fastenal Company stock have an average target of 78, with a low estimate of 64 and a high estimate of 88. The average target predicts an increase of 4.31% from the current stock price of 74.78.
Analyst Consensus: Hold
* Price targets were last updated on Jan 21, 2025.
Analyst Ratings
The average analyst rating for Fastenal Company stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 7 | 8 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $86 → $82 | Hold | Maintains | $86 → $82 | +9.65% | Jan 21, 2025 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $86 | Strong Buy → Hold | Downgrades | $86 | +15.00% | Dec 11, 2024 |
| Jefferies | Jefferies | Hold Maintains $74 → $85 | Hold | Maintains | $74 → $85 | +13.67% | Dec 6, 2024 |
| UBS | UBS | Hold Initiates $71 → $88 | Hold | Initiates | $71 → $88 | +17.68% | Nov 13, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $72 → $76 | Hold | Maintains | $72 → $76 | +1.63% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
8.21B
from 7.55B
Increased by 8.77%
Revenue Next Year
8.85B
from 8.21B
Increased by 7.87%
EPS This Year
2.20
from 2.00
Increased by 9.81%
EPS Next Year
2.39
from 2.20
Increased by 8.93%
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 | 8.3B | 9.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.3% | 16.1% | 12.7% | ||
| Avg | 8.8% | 7.9% | 7.7% | ||
| Low | 3.4% | 1.1% | 1.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.36 | 2.59 | 2.82 | ||
| Avg | 2.20 | 2.39 | 2.60 | ||
| Low | 2.06 | 2.22 | 2.44 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.1% | 18.1% | 18.1% | ||
| Avg | 9.8% | 8.9% | 8.8% | ||
| Low | 2.9% | 1.3% | 2.0% |
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.