Fastenal Company Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Fastenal Company stock has a consensus rating of "Hold" and an average price target of $47.84. The average 1-year stock price forecast is 0.27% higher than the current stock price, while the lowest is $39.9 (-16.37%) and the highest is $55 (+15.28%).

Price Target: $47.84 (+0.27%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$39.9	$47.84	$46	$55
Change	-16.37%	+0.27%	-3.58%	+15.28%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	5	5	5	5	5	6
Buy	0	0	0	0	0	0
Hold	9	8	7	6	7	7
Sell	3	3	3	3	3	3
Strong Sell	2	2	2	2	2	2
Total	19	18	17	16	17	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Guy Hardwick Barclays	Barclays	Hold Reiterates $47 → $46	Hold	Reiterates	$47 → $46	-3.58%	Jul 16, 2026
Kristina Ruggeri Argus Research	Argus Research	Buy Maintains $50 → $55	Buy	Maintains	$50 → $55	+15.28%	Jul 16, 2026
Chris Dankert D.A. Davidson	D.A. Davidson	Hold Maintains $46	Hold	Maintains	$46	-3.58%	Jul 15, 2026
Stephen Volkmann Jefferies	Jefferies	Buy Reiterates $52	Buy	Reiterates	$52	+8.99%	Jul 15, 2026
Christopher Snyder Morgan Stanley	Morgan Stanley	Hold Maintains $48	Hold	Maintains	$48	+0.61%	Jul 15, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

9.26B

from 8.20B

12.96%

from 8.20B

Revenue Next Year

10.11B

from 9.26B

9.14%

from 9.26B

EPS This Year

1.26

from 1.09

15.56%

from 1.09

EPS Next Year

1.40

from 1.26

10.81%

from 1.26

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.01B	6.98B	7.35B	7.55B	8.20B	9.26B
Revenue Growth	6.44%	16.13%	5.24%	2.71%	8.67%	12.96%
Gross Profit	2.78B	3.22B	3.35B	3.40B	3.69B	4.12B
Gross Margin	46.20%	46.07%	45.66%	45.08%	45.01%	44.48%
Operating Income	1.22B	1.45B	1.53B	1.51B	1.66B	1.90B
Net Income	925.00M	1.09B	1.16B	1.15B	1.26B	1.45B
EPS	-	-	-	-	1.09	1.26
EPS Growth	-	-	-	-	9.00%	15.56%
Forward PE	37.68	25.16	31.25	33.82	33.79	37.88
Dividend / Share	0.56	0.62	0.70	0.78	0.88	0.97
Dividend Growth	-	10.71%	12.90%	11.43%	12.18%	10.82%
Free Cash Flow	460.31M	599.96M	1.06B	747.79M	805.24M	1.13B
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	9.4B
Avg	9.3B
Low	8.8B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	14.5%
Avg	13.0%
Low	7.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.29
Avg	1.26
Low	1.21

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	18.3%
Avg	15.6%
Low	11.0%