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Fastenal (FAST) Stock Forecast & Price Target

Fastenal logo
$51.28 +0.02 (+0.04%)
Closing price 04:00 PM Eastern
Extended Trading
$51.51 +0.23 (+0.45%)
As of 05:33 PM Eastern
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Fastenal - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
2
Hold
5
Buy
5

Based on 12 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 12 analysts, 2 have given a sell rating, 5 have given a hold rating, and 5 have given a buy rating for FAST.

Consensus Price Target

$49.17
-4.12% Downside
According to the 12 analysts' twelve-month price targets for Fastenal, the average price target is $49.17. The highest price target for FAST is $55.00, while the lowest price target for FAST is $42.00. The average price target represents a forecasted downside of -4.12% from the current price of $51.28.
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
8/24/25 to 8/24/26
1 Month Ago
7/25/25 to 7/25/26
3 Months Ago
5/26/25 to 5/26/26
1 Year Ago
8/24/24 to 8/24/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
5 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
8 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$49.17$48.83$49.77$46.36
Forecasted Upside-4.12% Downside3.86% Upside11.97% Upside-7.99% Downside
Consensus RatingHoldHoldHoldHold

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.
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Fastenal Stock vs. The Competition

TypeFastenalIndustrials CompaniesBroader Market
Consensus Rating Score
2.25
2.30
2.53
Consensus RatingHoldHoldModerate Buy
Predicted Upside-4.08% Downside155.60% Upside12.34% Upside
News Sentiment Rating
Very Positive News

See Recent FAST News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/7/2026
Robert W. Baird logo
Robert W. Baird
3 of 5 stars
David Manthey
David Manthey
3 of 5 stars
Set Target$54.00+5.04%
7/21/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 DowngradeBuy (B)Buy (B-)
7/16/2026
Morgan Stanley logo
Morgan Stanley
4 of 5 stars
Chris Snyder
5 of 5 stars
Boost TargetEqual Weight$48.00 ➝ $52.00+12.59%
7/16/2026Lower TargetEqual Weight$47.00 ➝ $46.00+1.41%
7/15/2026 Reiterated RatingUnderperform
7/15/2026Reiterated RatingNeutral$46.00+1.77%
7/13/2026Set TargetBuy$55.00+18.31%
7/9/2026 Reiterated RatingUnderperform$47.00+1.84%
6/4/2026 Reiterated RatingBuy
4/13/2026 Boost Target$48.00 ➝ $55.00+24.18%
4/9/2026 Boost TargetNeutral$46.00 ➝ $47.00-4.05%
3/5/2026 Set Target$48.00+1.72%
3/5/2026 Reiterated RatingBuy
1/21/2026Reiterated RatingNeutral$46.00+4.33%
8/21/2025 Initiated CoverageNeutral
7/15/2025 Reiterated RatingHold
7/15/2025Boost TargetEqual Weight$40.00 ➝ $45.00-0.16%
7/3/2025Set Target$82.00+91.63%
3/10/2025UpgradeMarket PerformOutperform
12/11/2024 DowngradeHoldReduce$35.00-12.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:54 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 Thursday, August 20, 2026. 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 $49.17, which reflects a consensus target that suggests potential for growth.
  • Fastenal has received multiple "buy" ratings from analysts, indicating strong confidence in the company's performance and future prospects.
  • The company has a diverse product range, including tools and safety equipment, which positions it well in various end markets such as manufacturing and construction.
  • Fastenal's extensive distribution network allows it to efficiently serve both national and international customers, enhancing its market reach.
  • Recent upgrades in price targets by analysts suggest a positive outlook for the company's stock performance in the near term.

Fastenal
Bear Case

red Wall Street bear icon

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

  • Some analysts have issued "underperform" ratings, indicating concerns about the company's ability to meet market expectations.
  • There is a mix of ratings, with five "buy," six "hold," and two "sell" ratings, suggesting uncertainty among analysts regarding the stock's future performance.
  • Price objectives have been adjusted downward by some firms, which may indicate a lack of confidence in short-term growth.
  • Fastenal operates in a competitive market, which could impact its pricing power and profit margins.
  • Economic fluctuations can affect demand in the construction and manufacturing sectors, potentially impacting Fastenal's sales and profitability.

FAST Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Fastenal is $49.17, with a high forecast of $55.00 and a low forecast of $42.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings 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 -4.12% based on their 12-month stock forecasts.

Over the previous 90 days, Fastenal's stock had 1 downgrade by analysts.

Analysts like Fastenal less than other "industrials" companies. The consensus rating score for Fastenal is 2.25 while the average consensus rating score for "industrials" companies is 2.30. Learn more on how FAST compares to other companies.


This page (NASDAQ:FAST) was last updated on 8/24/2026 by MarketBeat.com Staff.
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