NASDAQ:FAST - Fastenal Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $53.17
  • Forecasted Upside: -5.14 %
  • Number of Analysts: 6
  • Breakdown:
  • 2 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$56.05
▼ -0.05 (-0.09%)

This chart shows the closing price for FAST by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Fastenal Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for FAST and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for FAST

Analyst Price Target is $53.17
▼ -5.14% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Fastenal in the last 3 months. The average price target is $53.17, with a high forecast of $65.00 and a low forecast of $45.00. The average price target represents a -5.14% upside from the last price of $56.05.

This chart shows the closing price for FAST for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 6 investment analysts is to hold stock in Fastenal. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 4 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 4 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 3 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
4/26/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 3 sell ratings
7/25/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
9/23/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 2 sell ratings
10/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/8/2021Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$50.00 ➝ $45.00High
8/23/2021StephensBoost Price TargetOverweight$60.00 ➝ $65.00Low
8/3/2021Loop CapitalInitiated CoverageHold$52.00Medium
7/14/2021Robert W. BairdBoost Price TargetOutperform$54.00 ➝ $58.00Low
6/15/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$53.00 ➝ $48.00Low
4/14/2021Morgan StanleyBoost Price TargetEqual Weight$49.00 ➝ $53.00Low
4/14/2021Robert W. BairdBoost Price TargetOutperform$50.00 ➝ $53.00Low
1/21/2021Morgan StanleyBoost Price TargetEqual Weight$47.00 ➝ $49.00Medium
12/16/2020Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$51.00Low
10/15/2020StephensInitiated CoverageOverweightLow
10/15/2020ArgusBoost Price TargetPositive ➝ Buy$43.00 ➝ $52.00Low
10/14/2020Deutsche Bank AktiengesellschaftLower Price Target$54.00 ➝ $52.00Low
10/14/2020Morgan StanleyBoost Price TargetEqual Weight$46.00 ➝ $47.00Low
9/15/2020UBS GroupInitiated CoverageNeutral$44.00Medium
9/4/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformLow
9/3/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$50.00High
7/27/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$49.00 ➝ $51.00Medium
7/15/2020Jefferies Financial GroupReiterated RatingHold$46.00Low
7/15/2020Morgan StanleyBoost Price TargetEqual Weight$36.00 ➝ $46.00Medium
7/2/2020Wells Fargo & CompanyBoost Price TargetOverweight$45.00 ➝ $50.00High
7/1/2020Deutsche Bank AktiengesellschaftInitiated CoverageBuy$50.00High
6/23/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$34.00Low
5/7/2020Robert W. BairdBoost Price TargetOutperform$39.00 ➝ $42.00Low
5/7/2020Morgan StanleyBoost Price TargetEqual Weight$34.00 ➝ $36.00Medium
4/19/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
4/15/2020Robert W. BairdBoost Price TargetOutperform$38.00 ➝ $39.00Low
4/15/2020Morgan StanleyBoost Price TargetEqual Weight$31.00 ➝ $34.00Medium
4/15/2020StephensBoost Price TargetEqual Weight$32.00 ➝ $35.00Low
4/13/2020StephensLower Price TargetEqual Weight$37.00 ➝ $32.00High
4/7/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$26.00Medium
3/19/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$45.00High
3/17/2020Morgan StanleyLower Price TargetEqual Weight$37.00 ➝ $30.00High
3/13/2020Robert W. BairdUpgradeNeutral ➝ Outperform$38.00 ➝ $40.00High
1/21/2020Buckingham ResearchBoost Price TargetNeutral$33.00 ➝ $36.00High
12/11/2019Morgan StanleyBoost Price TargetEqual Weight$31.00 ➝ $34.00Medium
11/22/2019Jefferies Financial GroupInitiated CoverageBuy$377.00Low
10/30/2019Edward JonesDowngradeBuy ➝ HoldLow
10/15/2019ArgusBoost Price TargetBuy$41.00Low
10/15/2019Buckingham ResearchBoost Price TargetNeutral$30.00 ➝ $33.00Low
10/14/2019Wolfe ResearchDowngradeMarket Perform ➝ UnderperformLow
10/14/2019Robert W. BairdBoost Price TargetNeutral$34.00 ➝ $37.00Medium
10/14/2019Morgan StanleyBoost Price TargetEqual Weight$29.00 ➝ $31.00Medium
10/14/2019Raymond JamesDowngradeStrong-Buy ➝ Market PerformLow
10/14/2019StephensDowngradeOverweight ➝ Equal$36.00 ➝ $37.00Low
9/24/2019Cleveland ResearchReiterated RatingHoldMedium
9/17/2019Buckingham ResearchBoost Price TargetNeutral$29.00 ➝ $30.00Low
7/12/2019Buckingham ResearchLower Price TargetNeutral$31.00 ➝ $29.00Low
7/12/2019Wells Fargo & CompanyLower Price TargetMarket Perform$35.00 ➝ $30.00Low
7/12/2019Raymond JamesLower Price TargetStrong-Buy$39.00 ➝ $37.00Low
7/12/2019Morgan StanleyLower Price TargetEqual Weight$31.50 ➝ $29.00Low
6/14/2019Buckingham ResearchSet Price TargetNeutral$32.00 ➝ $31.00High
6/11/2019Raymond JamesSet Price TargetBuy$39.00Low
5/7/2019William BlairDowngradeOutperform ➝ Market PerformMedium
4/16/2019Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$27.50 ➝ $31.50Low
4/15/2019Northcoast ResearchDowngradeBuy ➝ NeutralLow
4/12/2019Buckingham ResearchSet Price TargetHold$32.50Low
4/12/2019Raymond JamesSet Price TargetBuy$37.50 ➝ $39.00Low
4/8/2019Buckingham ResearchBoost Price TargetNeutral ➝ Neutral$28.50 ➝ $30.00Low
1/18/2019ArgusReiterated RatingBuy ➝ PositiveHigh
1/11/2019Buckingham ResearchSet Price TargetHold$25.50Low
1/8/2019Wolfe ResearchUpgradeUnderperform ➝ Market PerformMedium
1/7/2019Jefferies Financial GroupInitiated CoverageHold ➝ Hold$30.00Low
12/18/2018Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$27.50Medium
12/4/2018Longbow ResearchDowngradeBuy ➝ NeutralHigh
12/4/2018Longbow ResearchUpgradeNeutral ➝ Buy$31.50High
10/22/2018Buckingham ResearchInitiated CoverageNeutral ➝ Neutral$25.00Low
10/11/2018Wells Fargo & CompanySet Price TargetHold$26.50 ➝ $25.00Low
7/27/2018Northcoast ResearchReiterated RatingBuy$31.00Low
7/13/2018Stifel NicolausBoost Price TargetHold$26.50 ➝ $28.00Low
7/13/2018Northcoast ResearchSet Price TargetBuy$30.00Low
7/12/2018Wells Fargo & CompanyBoost Price TargetMarket Perform ➝ Market Perform$24.50 ➝ $26.50Low
7/6/2018BMO Capital MarketsLower Price TargetMarket Perform$28.50 ➝ $27.00Low
7/3/2018Robert W. BairdDowngradeOutperform ➝ NeutralMedium
6/27/2018Wolfe ResearchInitiated CoverageUnderperformMedium
4/13/2018KeyCorpReiterated RatingBuyLow
4/12/2018Wells Fargo & CompanySet Price TargetHold$28.00 ➝ $24.50Medium
4/11/2018StephensReiterated RatingBuy$30.00Low
4/9/2018BMO Capital MarketsReiterated RatingHold$28.50Medium
4/3/2018Stifel NicolausBoost Price TargetHold ➝ Hold$27.00 ➝ $27.50Medium
3/18/2018The Goldman Sachs GroupInitiated CoverageSell ➝ Sell$24.50Medium
3/6/2018Robert W. BairdReiterated RatingBuy$28.50Low
3/2/2018Northcoast ResearchSet Price TargetBuy$30.00Medium
1/18/2018Credit Suisse GroupUpgradeBuy$30.50High
1/18/2018StephensBoost Price TargetBuy$27.00 ➝ $31.00High
1/17/2018Robert W. BairdReiterated RatingBuyHigh
1/9/2018BMO Capital MarketsReiterated RatingHold$28.50High
1/9/2018Credit Suisse GroupReiterated RatingOutperform$26.00 ➝ $30.50Low
12/11/2017Stifel NicolausReiterated RatingHold$25.50Low
10/12/2017KeyCorpReiterated RatingBuy$26.00N/A
10/11/2017StephensSet Price TargetBuy$27.00N/A
10/10/2017BMO Capital MarketsReiterated RatingMarket Perform$23.00 ➝ $25.50N/A
10/2/2017Morgan StanleyReiterated RatingEqual Weight$22.00 ➝ $23.00Low
8/22/2017Stifel NicolausReiterated RatingHold$23.00High
8/21/2017BMO Capital MarketsReiterated RatingHold$23.00High
8/4/2017Northcoast ResearchReiterated RatingBuyLow
7/25/2017Northcoast ResearchInitiated CoverageNeutral ➝ Buy$27.00Low
7/14/2017BMO Capital MarketsBoost Price TargetNo Rating at Time$24.50 ➝ $25.50Low
7/14/2017Stifel NicolausReiterated RatingHold$22.50 ➝ $23.00Low
7/13/2017Raymond JamesUpgradeOutperform ➝ Strong-Buy$25.00Low
7/13/2017UBS GroupUpgradeOutperform ➝ Strong-BuyLow
7/13/2017Credit Suisse GroupReiterated RatingBuy$26.00Low
7/12/2017Robert W. BairdUpgradeNeutral ➝ Outperform$26.50Low
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$25.50 ➝ $23.50High
7/11/2017Morgan StanleyReiterated RatingEqual WeightLow
6/26/2017Morgan StanleyReiterated RatingEqual Weight$23.00 ➝ $21.50Medium
6/12/2017Morgan StanleyReiterated RatingEqual Weight$25.00 ➝ $23.00Low
6/6/2017Credit Suisse GroupSet Price TargetBuy$26.00Low
6/2/2017StephensInitiated CoverageOverweight$27.00Medium
6/2/2017JPMorgan Chase & Co.Initiated CoverageNeutral ➝ Neutral$23.00Medium
6/2/2017Longbow ResearchUpgradeNeutral ➝ Buy$27.50Medium
5/4/2017Credit Suisse GroupSet Price TargetBuy$26.00Low
4/19/2017Raymond JamesUpgradeMarket Perform ➝ Buy$25.00Low
4/19/2017UBS GroupUpgradeMarket Perform ➝ OutperformN/A
4/19/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$27.50High
4/18/2017ArgusUpgradeHold ➝ Buy$27.00High
4/13/2017Credit Suisse GroupReiterated RatingHold$24.50Medium
4/12/2017BMO Capital MarketsReiterated RatingHold$25.00Medium
1/19/2017Credit Suisse GroupBoost Price TargetNeutral$20.50 ➝ $24.50N/A
1/19/2017Stifel NicolausBoost Price TargetHold$22.00 ➝ $25.00N/A
1/12/2017Avondale PartnersUpgradeMarket Perform ➝ Outperform$25.50 ➝ $27.00N/A
1/5/2017KeyCorpUpgradeSector Weight ➝ Overweight$26.50N/A
12/5/2016William BlairUpgradeMarket Perform ➝ OutperformN/A
11/7/2016BMO Capital MarketsReiterated RatingHold$22.50N/A
(Data available from 10/23/2016 forward)

News Sentiment Rating

0.15 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/27/2021
  • 0 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/26/2021
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/26/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/25/2021
  • 8 very positive mentions
  • 22 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
7/25/2021
  • 1 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/24/2021
  • 6 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/23/2021
  • 8 very positive mentions
  • 57 positive mentions
  • 8 negative mentions
  • 2 very negative mentions
10/23/2021

Current Sentiment

  • 8 very positive mentions
  • 57 positive mentions
  • 8 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Fastenal logo
Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools & metalworking, fasteners, material handling, storage & packaging power, transmission & motors, tools & equipment, electricals, abrasives, hydraulics & pneumatics, plumbing, lifting & rigging, raw materials, fleet & automotive, welding, office products & furniture, janitorial and lighting. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.
Read More

Today's Range

Now: $56.05
Low: $56.02
High: $56.60

50 Day Range

MA: $54.15
Low: $51.30
High: $56.21

52 Week Range

Now: $56.05
Low: $42.57
High: $56.60

Volume

1,838,805 shs

Average Volume

3,094,757 shs

Market Capitalization

$32.21 billion

P/E Ratio

37.12

Dividend Yield

2.01%

Beta

1.28

Frequently Asked Questions

What sell-side analysts currently cover shares of Fastenal?

The following sell-side analysts have issued research reports on Fastenal in the last twelve months: Deutsche Bank Aktiengesellschaft, Loop Capital, Morgan Stanley, Robert W. Baird, Stephens, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for FAST.

What is the current price target for Fastenal?

6 Wall Street analysts have set twelve-month price targets for Fastenal in the last year. Their average twelve-month price target is $53.17, suggesting a possible downside of 5.3%. Stephens has the highest price target set, predicting FAST will reach $65.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $45.00 for Fastenal in the next year.
View the latest price targets for FAST.

What is the current consensus analyst rating for Fastenal?

Fastenal currently has 2 sell ratings, 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FAST, but not buy more shares or sell existing shares.
View the latest ratings for FAST.

How do I contact Fastenal's investor relations team?

Fastenal's physical mailing address is 2001 THEURER BLVD, WINONA MN, 55987. The company's listed phone number is (507) 454-5374 and its investor relations email address is [email protected] The official website for Fastenal is www.fastenal.com.