Consensus Rating1
Hold
Highest Price Target1
$88.00
Lowest Price Target1
$42.00
Consensus Price Target1
$69.94

Fastenal (NASDAQ:FAST) Stock, Analyst Ratings, Price Targets, Forecasts

Fastenal Co has a consensus price target of $69.94 based on the ratings of 16 analysts. The high is $88 issued by UBS on November 13, 2024. The low is $42 issued by Morgan Stanley on January 6, 2023. The 3 most-recent analyst ratings were released by Stifel, Jefferies, and UBS on December 11, 2024, December 6, 2024, and November 13, 2024, respectively. With an average price target of $86.33 between Stifel, Jefferies, and UBS, there's an implied 16.36% upside for Fastenal Co from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Jul
1
Sep
2
4
Oct
1
Nov
0
0
0
0
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.6
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
Jefferies
UBS
Morgan Stanley
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Fastenal

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Fastenal (FAST) stock?

A

The latest price target for Fastenal (NASDAQ:FAST) was reported by Stifel on December 11, 2024. The analyst firm set a price target for $86.00 expecting FAST to rise to within 12 months (a possible 14.99% upside). 21 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Fastenal (FAST)?

A

The latest analyst rating for Fastenal (NASDAQ:FAST) was provided by Stifel, and Fastenal downgraded their hold rating.

Q

When was the last upgrade for Fastenal (FAST)?

A

The last upgrade for Fastenal Co happened on March 8, 2022 when Wells Fargo raised their price target to $58. Wells Fargo previously had an underweight for Fastenal Co.

Q

When was the last downgrade for Fastenal (FAST)?

A

The last downgrade for Fastenal Co happened on December 11, 2024 when Stifel changed their price target from $86 to $86 for Fastenal Co.

Q

When is the next analyst rating going to be posted or updated for Fastenal (FAST)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fastenal, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fastenal was filed on December 11, 2024 so you should expect the next rating to be made available sometime around December 11, 2025.

Q

Is the Analyst Rating Fastenal (FAST) correct?

A

While ratings are subjective and will change, the latest Fastenal (FAST) rating was a downgraded with a price target of $86.00 to $86.00. The current price Fastenal (FAST) is trading at is $74.79, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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