Shared on27 Aug 25Fair 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 on29 Jul 25Fair 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.
Shared on07 May 25
AnalystConsensusTarget made no meaningful changes to valuation assumptions.
Shared on30 Apr 25Fair value Decreased 9.84%
AnalystConsensusTarget made no meaningful changes to valuation assumptions.
Shared on16 Apr 25Fair value Increased 0.61%
AnalystConsensusTarget made no meaningful changes to valuation assumptions.
Shared on09 Apr 25Fair value Decreased 0.42%
AnalystConsensusTarget has increased shares outstanding growth rate from 0.0% to 0.0%.
Shared on02 Apr 25Fair value Increased 0.93%
AnalystConsensusTarget made no meaningful changes to valuation assumptions.
Shared on26 Mar 25Fair value Decreased 0.48%
AnalystConsensusTarget made no meaningful changes to valuation assumptions.
Shared on19 Mar 25
AnalystConsensusTarget made no meaningful changes to valuation assumptions.
Shared on10 Mar 25Fair value Decreased 0.76%
AnalystConsensusTarget has decreased shares outstanding growth rate from 0.0% to 0.0%.