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Fastenal Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Fastenal Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/10/2025 | Buy Now | — | William Blair | Ryan Merkel66% | — | Upgrade | Market Perform → Outperform | Get Alert |
01/21/2025 | Buy Now | — | Stifel | Brian Butler57% | $86 → $82 | Maintains | Hold | Get Alert |
12/11/2024 | Buy Now | — | Stifel | Brian Butler57% | $86 → $86 | Downgrade | Buy → Hold | Get Alert |
12/06/2024 | Buy Now | — | Jefferies | Stephen Volkmann70% | $74 → $85 | Maintains | Hold | Get Alert |
11/13/2024 | Buy Now | — | UBS | Amit Mehrotra75% | $71 → $88 | Assumes | Neutral → Neutral | Get Alert |
10/14/2024 | Buy Now | — | Morgan Stanley | Chris Snyder70% | $72 → $76 | Maintains | Equal-Weight | Get Alert |
10/14/2024 | Buy Now | — | JP Morgan | Patrick Baumann38% | $70 → $72 | Maintains | Neutral | Get Alert |
10/14/2024 | Buy Now | — | Stifel | Brian Butler57% | $80 → $86 | Reiterates | Buy → Buy | Get Alert |
10/14/2024 | Buy Now | — | Stephens & Co. | Tommy Moll73% | $56 → $75 | Maintains | Equal-Weight | Get Alert |
10/14/2024 | Buy Now | — | Baird | David Manthey76% | $67 → $80 | Maintains | Neutral | Get Alert |
10/07/2024 | Buy Now | — | B of A Securities | Sabrina Abrams43% | → $85 | Initiates | → Buy | Get Alert |
09/06/2024 | Buy Now | — | Morgan Stanley | Chris Snyder70% | → $72 | Initiates | → Equal-Weight | Get Alert |
07/15/2024 | Buy Now | — | Stifel | Brian Butler57% | $85 → $80 | Reiterates | Buy → Buy | Get Alert |
07/15/2024 | Buy Now | — | Stephens & Co. | Tommy Moll73% | $56 → $56 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
07/11/2024 | Buy Now | — | Jefferies | Stephen Volkmann70% | $74 → $65 | Maintains | Hold | Get Alert |
05/07/2024 | Buy Now | — | Baird | David Manthey76% | $71 → $69 | Maintains | Neutral | Get Alert |
04/15/2024 | Buy Now | — | Loop Capital | Chris Dankert67% | $71 → $66 | Maintains | Hold | Get Alert |
04/15/2024 | Buy Now | — | HSBC | Wesley Brooks65% | $59 → $64 | Maintains | Hold | Get Alert |
04/12/2024 | Buy Now | — | Baird | David Manthey76% | $77 → $71 | Maintains | Neutral | Get Alert |
03/18/2024 | Buy Now | — | Stifel | Michael Hoffman81% | $75 → $85 | Maintains | Buy | Get Alert |
03/07/2024 | Buy Now | — | Baird | David Manthey76% | $74 → $77 | Maintains | Neutral | Get Alert |
01/19/2024 | Buy Now | — | Baird | David Manthey76% | $62 → $73 | Maintains | Neutral | Get Alert |
01/19/2024 | Buy Now | — | Stifel | Michael Hoffman81% | $69 → $75 | Maintains | Buy | Get Alert |
10/13/2023 | Buy Now | — | Stifel | Michael Hoffman81% | $61 → $66 | Maintains | Buy | Get Alert |
09/15/2023 | Buy Now | — | HSBC | Wesley Brooks65% | → $59 | Initiates | → Hold | Get Alert |
07/12/2023 | Buy Now | — | Morgan Stanley | Betsy Graseck61% | $46 → $50 | Maintains | Underweight | Get Alert |
04/14/2023 | Buy Now | — | Baird | David Manthey76% | $56 → $57 | Maintains | Neutral | Get Alert |
04/05/2023 | Buy Now | — | Morgan Stanley | Betsy Graseck61% | $42 → $46 | Maintains | Underweight | Get Alert |
04/04/2023 | Buy Now | — | Stifel | Michael Hoffman81% | → $61 | Initiates | → Buy | Get Alert |
01/23/2023 | Buy Now | — | Loop Capital | Chris Dankert67% | $54 → $53 | Maintains | Hold | Get Alert |
01/06/2023 | Buy Now | — | Morgan Stanley | Joshua Pokrzywinski74% | $43 → $42 | Maintains | Underweight | Get Alert |
10/17/2022 | Buy Now | — | Jefferies | Stephen Volkmann70% | → $50 | Assumes | → Hold | Get Alert |
10/14/2022 | Buy Now | — | Morgan Stanley | Joshua Pokrzywinski74% | $42 → $43 | Maintains | Underweight | Get Alert |
07/15/2022 | Buy Now | — | Argus Research | John Eade74% | $66 → $55 | Maintains | Buy | Get Alert |
07/14/2022 | Buy Now | — | Morgan Stanley | Joshua Pokrzywinski74% | $48 → $42 | Maintains | Underweight | Get Alert |
07/14/2022 | Buy Now | — | UBS | Chris Snyder70% | $62 → $50 | Maintains | Neutral | Get Alert |
07/14/2022 | Buy Now | — | Baird | David Manthey76% | → $48 | Downgrade | Outperform → Neutral | Get Alert |
05/31/2022 | Buy Now | — | Morgan Stanley | Joshua Pokrzywinski74% | $56 → $48 | Maintains | Underweight | Get Alert |
04/14/2022 | Buy Now | — | Morgan Stanley | Joshua Pokrzywinski74% | $53 → $56 | Maintains | Underweight | Get Alert |
04/14/2022 | Buy Now | — | Wells Fargo | Michael Mcginn59% | $58 → $60 | Maintains | Equal-Weight | Get Alert |
04/07/2022 | Buy Now | — | Morgan Stanley | Joshua Pokrzywinski74% | $54 → $53 | Maintains | Underweight | Get Alert |
The latest price target for Fastenal (NASDAQ:FAST) was reported by William Blair on March 10, 2025. The analyst firm set a price target for $0.00 expecting FAST to fall to within 12 months (a possible -100.00% downside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Fastenal (NASDAQ:FAST) was provided by William Blair, and Fastenal upgraded their outperform rating.
The last upgrade for Fastenal Co happened on March 10, 2025 when William Blair raised their price target to N/A. William Blair previously had a market perform for Fastenal Co.
The last downgrade for Fastenal Co happened on December 11, 2024 when Stifel changed their price target from $86 to $86 for Fastenal Co.
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 March 10, 2025 so you should expect the next rating to be made available sometime around March 10, 2026.
While ratings are subjective and will change, the latest Fastenal (FAST) rating was a upgraded with a price target of $0.00 to $0.00. The current price Fastenal (FAST) is trading at is $77.70, which is out of the analyst’s predicted range.
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