
Fastenal (FAST) Stock Forecast & Price Target
Fastenal (FAST) Analyst Ratings
Bulls say
Fastenal is favored because its Onsite, vending, and FMI solutions create a sticky, outsourced supply-chain model that deepens customer integration, expands contract wins, and supports durable market-share gains of roughly +560bp over the past decade. June sales growth of +15.0% y/y outpaced expectations, and the contract count rose +7.2% y/y, while the company’s roughly 3,369 in-market locations exiting 2025 and captive trucking fleet strengthen service levels and gross margin resilience. Although EBIT margin was 21.0% and price/cost remained a headwind, its ability to keep expanding in a highly fragmented ~$140B TAM suggests continued double-digit growth and long-term earnings compounding.
Bears say
Fastenal is facing a deteriorating margin profile despite solid June ADS growth of +15.0% y/y and ongoing share gains, because pricing has softened to +2.9% y/y while cost pass-through remains incomplete at -40bp in the quarter. Gross margin fell to 44.6% and EBIT margin held flat at 21.0% as unfavorable customer mix, national account growth, sharply higher fuel costs, and rising commission and incentive compensation offset strong volume leverage and SG&A control. The outlook is pressured further because near-term gross margin headwinds and anticipated 2Q26 SG&A growth of +9.5% y/y suggest that current consensus may be underestimating earnings risk if North American industrial demand softens or fuel costs stay elevated.
This aggregate rating is based on analysts' research of Fastenal and is not a guaranteed prediction by Public.com or investment advice.
Fastenal (FAST) Analyst Forecast & Price Prediction
Start investing in Fastenal (FAST)
Order type
Buy in
Order amount
Est. shares
0 shares