FAST: Future Performance Will Rely On Overcoming Margin Pressures And Execution Risks

Fastenal's analyst price target has edged down from $44.35 to $43.58, as analysts cite increased caution around future growth, margin pressures, and lower revised earnings estimates following recent coverage and earnings misses. Analyst Commentary Recent research coverage on Fastenal reflects a diverse range of perspectives regarding the company's outlook and valuation.

Shared on 27 Aug 25

Fair value Increased 2.54%

Fastenal’s consensus price target was raised to $44.05 on the back of strong Q2 results, improving sales trends, and continued margin outperformance, with analysts expecting double-digit sales growth and justifying a premium valuation despite an already elevated multiple. Analyst Commentary Strong Q2 performance, with Fastenal beating consensus on sales, gross margin, and operating margin.

Shared on 29 Jul 25

Fair value Increased 15%

The substantial upward revision in Fastenal’s price target is primarily driven by improved revenue growth forecasts and a higher future P/E multiple, raising fair value from $37.59 to $43.25. What's in the News Fastenal completed its buyback program announced in 2017, having repurchased 11,800,000 shares (1.03% of shares) for $418.77 million, with no additional shares repurchased in the last reported period.