Companies /Industrials

Fastenal Company

NASDAQ: FAST Industrial Distribution
$51.14
▼ $0.02 (−0.03%) today
Markets closed · 5:46pm ET
24/7 Rating BUY
12-Month Price Target
$55.63 +8.6% upside

Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. How we calculate our price targets →

Current close $51.23
Street consensus $48.53
Ours vs. the Street +14.6%
$45.54Conservative$51.23Current$55.63Our Target$58.19Optimistic
12-Month Projection Historical Optimistic Target Conservative
$42$48$54Aug 2025Aug 2027Today$58.19$55.63$45.54
$42$48$54Aug 2025Aug 2027Today$58.19$55.63$45.54

Analyst Sentiment

18ANALYSTS
Buy633%
Hold739%
Sell528%
The Bottom Line

Fastenal appears attractively valued at current levels. With a 8.6% upside to our $55.63 target, the risk-reward profile looks favorable for investors with a 12-month time horizon. Wall Street agrees, with 33% of analysts rating it a Buy.

The 24/7 Factor

Base Growth
Conservative growth baseline (reduced to avoid double-counting P/E growth)
1.05×
Sector Momentum
Economic bellwether, infrastructure exposure
1.05×
Analyst Consensus
Mixed analyst views
+0.3%
Earnings Growth
Positive earnings momentum
+1.5%
Volatility Adjustment
Lower volatility stock
+0.6%
Read our full methodology →

5-Year Projection

Long-Term Forecast Optimistic Target Conservative
$45$54$63$72’26’27’28’29’30’31$74.21$70.69$47.50
$45$54$63$72’26’27’28’29’30’31$74.21$70.69$47.50

Prediction History

FAST Price Target History Our Target Stock Price
$48$51$54Jul 16Aug 21$56.23$51.26
$48$51$54Jul 16Aug 21$56.23$51.26
Date Price Target Stock Price Rating Upside
$56.23 $51.26 BUY +9.7%
$56.39 $51.02 BUY +10.5%
$55.40 $51.84 BUY +6.9%
$53.41 $47.71 BUY +12.0%
$51.69 $46.65 BUY +10.8%
$53.51 $46.67 BUY +14.7%

Frequently Asked Questions

What is the FAST stock price prediction for 2030?

Looking ahead to 2030, our model projects FAST could trade at an average price of $66.28, with a potential range between $49.71 and $82.85. This represents a potential 29.4% return from today’s price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.

Is FAST a buy, sell, or hold right now?

24/7 Wall St. currently rates FAST as a BUY. Moderate upside (+8.6%) Among Wall Street analysts, 6 rate it Buy, 7 rate it Hold, and 5 rate it Sell.

What is the FAST stock price target in an optimistic scenario?

In our optimistic scenario for FAST, the stock could reach $58.19 over the next 12 months, representing a 13.6% gain from today’s price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.

What is the downside risk for FAST stock?

In our conservative scenario, FAST could trade as low as $45.54 over the next 12 months, representing a 11.1% decline from current levels. This scenario accounts for potential headwinds including earnings misses, competitive pressures, or broader market weakness.

Projections are estimates based on current data, updated daily. Not investment advice. Learn how we calculate these projections →