Fastenal Company (FAST)

Fastenal Company Stock Forecast

Stock Price Forecast

The 10 analysts that cover Fastenal Company stock have a consensus rating of "Hold" and an average price target of $43.11, which forecasts a -5.91% decrease in the stock price over the next year. The lowest target is $40 and the highest is $47.

Price Target: $43.11 (-5.91%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$40	$43.11	$42.5	$47
Change	-12.70%	-5.91%	-7.25%	+2.58%

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Baumann JP Morgan	JP Morgan	Hold Maintains $38 → $41	Hold	Maintains	$38 → $41	-10.52%	Jul 15, 2025
David Manthey Baird	Baird	Hold Maintains $43 → $47	Hold	Maintains	$43 → $47	+2.58%	Jul 15, 2025
Tommy Moll Stephens & Co.	Stephens & Co.	Hold Maintains $40 → $45	Hold	Maintains	$40 → $45	-1.79%	Jul 15, 2025
Chris Dankert Loop Capital	Loop Capital	Hold Maintains $40 → $45	Hold	Maintains	$40 → $45	-1.79%	Jul 8, 2025
Patrick Baumann JP Morgan	JP Morgan	Hold Maintains $36 → $38	Hold	Maintains	$36 → $38	-17.07%	May 27, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

8.29B

Increased by 9.85%

from 7.55B

Revenue Next Year

8.98B

Increased by 8.34%

from 8.29B

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	8.29B	8.98B	9.58B
Revenue Growth	5.88%	6.44%	16.13%	5.24%	2.71%	9.85%	8.34%	6.66%
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	-	-	-	-	-	41.14	37.48	34.86
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	10.1B
Avg	8.3B	9.0B	9.6B
Low	7.8B	8.2B	9.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	15.3%	16.9%	12.2%
Avg	9.8%	8.3%	6.7%
Low	2.9%	-0.7%	0.8%

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.