Fastenal (FAST) Stock Forecast & Price Target

$77.09 0.00 (0.00%)

Closing price 03/26/2025 04:00 PM Eastern

Extended Trading

$75.96 -1.13 (-1.47%)

As of 03/26/2025 07:33 PM Eastern

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

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.

Consensus Rating

Hold

Based on 12 Analyst Ratings

Sell
2

Hold
8

Buy
2

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, 8 have given a hold rating, and 2 have given a buy rating for FAST.

Consensus Price Target

$76.91
-0.23% Downside

According to the 12 analysts' twelve-month price targets for Fastenal, the average price target is $76.91. The highest price target for FAST is $88.00, while the lowest price target for FAST is $63.00. The average price target represents a forecasted downside of -0.23% from the current price of $77.09.

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FAST Analyst Ratings Over Time

Type	Current Forecast 3/27/24 to 3/27/25	1 Month Ago 2/26/24 to 2/25/25	3 Months Ago 12/28/23 to 12/27/24	1 Year Ago 3/28/23 to 3/27/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	3 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$76.91	$76.91	$77.40	$64.50
Forecasted Upside	-0.23% Downside	3.10% Upside	6.01% Upside	-16.54% Downside
Consensus Rating	Hold	Reduce	Hold	Hold

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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.

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.

Fastenal Stock vs. The Competition

Type	Fastenal	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.00	2.54	2.54
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-0.23% Downside	52.65% Upside	17.62% Upside
News Sentiment Rating	Positive News See Recent FAST News	Positive News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/10/2025	William Blair 1 of 5 stars	Ryan Merkel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform
1/21/2025	Stifel Nicolaus 4 of 5 stars	Brian Butler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$86.00 ➝ $82.00	+6.04%
1/16/2025	Wolfe Research 3 of 5 stars		Boost Target	Underweight ➝ Underweight	$74.00 ➝ $76.00	+1.66%
12/11/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Brooks Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Moderate Sell
12/11/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Reduce	$70.00	-12.25%
12/6/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$74.00 ➝ $85.00	+3.96%
11/13/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Mehrotra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral ➝ Neutral	$71.00 ➝ $88.00	+4.77%
10/14/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$72.00 ➝ $76.00	-1.16%
10/14/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$67.00 ➝ $80.00	+4.14%
10/14/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$56.00 ➝ $75.00	-2.37%
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10/10/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$57.00 ➝ $63.00	-10.32%
10/7/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$85.00	+21.12%
4/15/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$71.00 ➝ $66.00	-5.46%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:48 AM 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, March 24, 2025. Please send any questions or comments about these Fastenal pros and cons to contact@marketbeat.com.

Fastenal
Bull Case

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

Fastenal has a strong financial position with a low debt-to-equity ratio of 0.03, indicating that the company is not heavily reliant on debt to finance its operations, which can reduce financial risk for investors.
The company recently increased its quarterly dividend to $0.43 per share, reflecting a commitment to returning value to shareholders. This increase from the previous dividend of $0.39 demonstrates growth in profitability and cash flow.
Fastenal reported a net margin of 15.25% and a return on equity of 32.55%, showcasing efficient management and strong profitability, which are attractive traits for potential investors.
The current stock price is around $75.08, which is close to the 50-day moving average, suggesting stability in the stock's performance and potential for growth.
Analysts forecast earnings per share (EPS) of 2.15 for the current fiscal year, indicating expected growth in profitability, which could lead to higher stock prices in the future.

Fastenal
Bear Case

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

Despite the recent dividend increase, the dividend payout ratio is high at 85.57%, which may limit the company's ability to reinvest in growth opportunities or weather economic downturns.
Fastenal's recent earnings report showed that it missed the consensus EPS estimate by $0.02, which could raise concerns about its ability to meet future earnings expectations.
Several analysts have downgraded their ratings on Fastenal, with HSBC reducing its rating to "reduce" and setting a price target of $70.00, indicating a lack of confidence in the stock's short-term performance.
The stock has received more hold ratings than buy ratings, suggesting that many analysts are cautious about its potential for significant price appreciation in the near term.
With a current ratio of 4.67, while indicating good short-term liquidity, it may also suggest that the company is not effectively utilizing its assets to generate revenue, which could be a concern for growth-oriented investors.

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 $76.91, with a high forecast of $88.00 and a low forecast of $63.00.
: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 -0.23% based on their 12-month stock forecasts.
: Over the previous 90 days, Fastenal's stock had 1 upgrade by analysts.
: Fastenal has been rated by research analysts at Stifel Nicolaus, William Blair, 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 3/27/2025 by MarketBeat.com Staff

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Fastenal (FAST) Stock Forecast & Price Target