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Fastenal (FAST) Stock Forecast & Price Target

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$47.38 +0.06 (+0.12%)
As of 03:29 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Fastenal - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

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

$46.82
-1.20% Downside
According to the 14 analysts' twelve-month price targets for Fastenal, the average price target is $46.82. 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 -1.20% from the current price of $47.39.
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
9/12/24 to 9/12/25
1 Month Ago
8/13/24 to 8/13/25
3 Months Ago
6/14/24 to 6/14/25
1 Year Ago
9/13/23 to 9/12/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$46.82$46.36$40.40$33.71
Forecasted Upside-1.20% Downside-5.78% Downside-4.20% Downside-3.43% 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

TypeFastenalRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.36
2.47
2.53
Consensus RatingHoldHoldModerate Buy
Predicted Upside-1.08% Downside58.55% Upside9.66% Upside
News Sentiment Rating
Positive News

See Recent FAST News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/4/2025JPMorgan Chase & Co.
2 of 5 stars
Patrick Baumann
Patrick Baumann
Not Rated
Boost TargetNeutral$41.00 ➝ $46.00-7.16%
8/21/2025Northcoast Research
5 of 5 stars
 Initiated CoverageNeutral
8/7/2025Baird R W
2 of 5 stars
 UpgradeHoldStrong-Buy
8/7/2025Robert W. Baird
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UpgradeNeutralOutperform$47.00 ➝ $55.00+17.57%
7/15/2025Loop Capital
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 Reiterated RatingHold
7/15/2025Stephens
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Boost TargetEqual Weight$40.00 ➝ $45.00-0.16%
7/14/2025Wolfe Research
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Reiterated RatingPositive
7/3/2025Morgan Stanley
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Set TargetEqual Weight$40.00-6.52%
7/3/2025Stifel Nicolaus
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Set Target$82.00+91.63%
3/10/2025William Blair
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UpgradeMarket PerformOutperform
12/11/2024Hsbc Global Res
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12/11/2024HSBC
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 DowngradeHoldReduce$35.00-12.25%
12/6/2024Jefferies Financial Group
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 Boost TargetHold$37.00 ➝ $42.50+3.96%
11/13/2024UBS Group
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Initiated CoverageNeutral$35.50 ➝ $44.00+4.77%
10/7/2024Bank of America
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 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 Friday at 03:29 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 Monday, September 8, 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 $48, reflecting a strong market presence and investor interest.
  • Fastenal has a solid market capitalization of over $55 billion, indicating a stable and established company.
  • Recent analyst upgrades suggest positive sentiment, with multiple firms increasing their price targets, indicating potential for future growth.
  • The company has a low debt-to-equity ratio, which suggests financial stability and less risk associated with debt obligations.
  • Insider ownership is relatively low at 0.37%, which may indicate that the stock is accessible for new investors without heavy insider influence.

Fastenal
Bear Case

red Wall Street bear icon

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

  • Insider selling has been significant, with recent transactions indicating a 67.38% decrease in ownership by key insiders, which may raise concerns about future performance.
  • The stock has experienced fluctuations, with a recent drop of about 4.4%, suggesting volatility that could deter risk-averse investors.
  • Despite positive analyst ratings, the average rating remains a "Hold," indicating that some analysts are cautious about the stock's immediate upside.
  • The price-to-earnings (P/E) ratio is relatively high at around 46, which may suggest that the stock is overvalued compared to its earnings.
  • Insider ownership is low, which could imply a lack of confidence from those closest to the company, potentially affecting investor sentiment.

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 $46.82, with a high forecast of $82.00 and a low forecast of $35.00.

14 Wall Street 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 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 -1.20% 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 score for Fastenal is 2.36 while the average consensus rating score for "retail/wholesale" companies is 2.47. Learn more on how FAST compares to other companies.


This page (NASDAQ:FAST) was last updated on 9/12/2025 by MarketBeat.com Staff
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