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Fastenal (FAST) Stock Forecast & Price Target

Fastenal logo
$50.18 -0.02 (-0.03%)
As of 03:44 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
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Fastenal - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Hold
Based on 14 Analyst Ratings
Sell
1
Hold
8
Buy
5

Based on 14 Wall Street analysts who have issued ratings for Fastenal in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 1 has given a sell rating, 8 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for FAST.

Consensus Price Target

$46.36
-7.61% Downside
According to the 14 analysts' twelve-month price targets for Fastenal, the average price target is $46.36. The highest price target for FAST is $82.00, while the lowest price target for FAST is $35.00. The average price target represents a forecasted downside of -7.61% from the current price of $50.19.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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FAST Analyst Ratings Over Time

TypeCurrent Forecast
8/28/24 to 8/28/25		1 Month Ago
7/29/24 to 7/29/25		3 Months Ago
5/30/24 to 5/30/25		1 Year Ago
8/29/23 to 8/28/24
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$46.36$45.64$40.40$33.33
Forecasted Upside-7.61% Downside-2.07% Downside-2.20% Downside-1.10% Downside
Consensus Rating
Hold
Hold
Hold
Hold

FAST Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FAST Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Fastenal Stock vs. The Competition

TypeFastenalRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.36
2.50
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-7.17% Downside58.51% Upside10.65% Upside
News Sentiment Rating
Positive News

See Recent FAST News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/21/2025Northcoast Research
5 of 5 stars		 Initiated CoverageNeutral
8/7/2025Baird R W
2 of 5 stars		 UpgradeHold ➝ Strong-Buy
8/7/2025Robert W. Baird
2 of 5 stars		David Manthey
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeNeutral ➝ Outperform$47.00 ➝ $55.00+17.57%
7/15/2025Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingHold ➝ Hold
7/15/2025JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Patrick Baumann
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$38.00 ➝ $41.00-9.63%
7/15/2025Stephens
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Tommy Moll
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetEqual Weight ➝ Equal Weight$40.00 ➝ $45.00-0.16%
7/14/2025Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		N. Coe
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingPositive ➝ Positive
7/3/2025Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Chris Snyder
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set TargetEqual Weight ➝ Equal Weight$40.00-6.52%
7/3/2025Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Brian Butler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target$82.00+91.63%
3/10/2025William Blair
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Ryan Merkel
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeMarket Perform ➝ Outperform
12/11/2024Hsbc Global Res
Subscribe to MarketBeat All Access for the recommendation accuracy rating		W. Brooks
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeHold ➝ Moderate Sell
12/11/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeHold ➝ Reduce$35.00-12.25%
12/6/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetHold ➝ Hold$37.00 ➝ $42.50+3.96%
11/13/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		A. Mehrotra
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated CoverageNeutral ➝ Neutral$35.50 ➝ $44.00+4.77%
10/7/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageBuy$42.50+21.12%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:45 PM ET.


Should I Buy Fastenal Stock? FAST Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 27, 2025. Please send any questions or comments about these Fastenal pros and cons to contact@marketbeat.com.

Fastenal
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Fastenal:

  • The current stock price is around $50, reflecting a strong market position and investor interest.
  • Fastenal reported a revenue increase of 8.6% year-over-year, indicating robust business growth and demand for its products.
  • The company has a high return on equity, showcasing effective management and profitability, which can attract investors looking for solid financial performance.
  • Fastenal maintains a low debt-to-equity ratio, suggesting financial stability and lower risk, making it an appealing option for conservative investors.
  • Institutional investors own a significant portion of Fastenal's stock, which often indicates confidence in the company's future prospects.

Fastenal
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Fastenal for these reasons:

  • The price-to-earnings ratio is relatively high, which may suggest that the stock is overvalued compared to its earnings, potentially limiting future price appreciation.
  • Fastenal's stock has shown volatility, with fluctuations in trading volume that could indicate uncertainty among investors.
  • Despite recent growth, the company faces competition in the industrial supply sector, which could impact its market share and profitability.
  • The beta value of 0.95 indicates that the stock is slightly less volatile than the market, which may not appeal to investors seeking high-risk, high-reward opportunities.
  • Recent institutional selling activity, such as Bahl & Gaynor Inc. reducing its position, could signal a lack of confidence among some investors.

FAST Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Fastenal is $46.36, with a high forecast of $82.00 and a low forecast of $35.00.

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last twelve months. There is currently 1 sell rating, 8 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FAST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FAST, but not buy additional shares or sell existing shares.

According to analysts, Fastenal's stock has a predicted downside of -7.61% based on their 12-month stock forecasts.

Over the previous 90 days, Fastenal's stock had 2 upgrades by analysts.

Fastenal has been rated by research analysts at Baird R W, JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Northcoast Research, Robert W. Baird, Stephens, Stifel Nicolaus, and Wolfe Research in the past 90 days.

Analysts like Fastenal less than other "retail/wholesale" companies. The consensus rating for Fastenal is Hold while the average consensus rating for "retail/wholesale" companies is Moderate Buy. Learn more on how FAST compares to other companies.

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This page (NASDAQ:FAST) was last updated on 8/28/2025 by MarketBeat.com Staff
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