Fastenal Company (NASDAQ:FAST) will release earnings for its third quarter before the opening bell on Wednesday, Oct. 14.
Analysts expect the Winona, Minnesota-based company to report quarterly earnings of 34 cents per share, up from 29 cents per share in the year-ago period. The consensus estimate for FAST’s quarterly revenue is $2.44 billion. It reported $2.13 billion last year, according to Benzinga Pro.
On July 14, Fastenal reported better-than-expected second-quarter sales results.
Fastenal shares rose 0.8% to trade at $49.92 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Wolfe Research analyst Nigel Coe reinstated an Underperform rating with a price target of $51 on Sept. 15, 2026. This analyst has an accuracy rate of 63%.
- Morgan Stanley analyst Chris Snyder maintained an Equal-Weight rating and increased the price target from $48 to $52 on July 16, 2026. This analyst has an accuracy rate of 78%.
- Barclays analyst Guy Hardwick maintained the stock with an Equal-Weight rating and cut the price target from $47 to $46 on July 16, 2026. This analyst has an accuracy rate of 71%.
- DA Davidson analyst Chris Dankert maintained a Neutral rating with a price target of $46 on July 15, 2026. This analyst has an accuracy rate of 67%.
- Baird analyst David Manthey maintained the stock with an Outperform rating and cut the price target from $52 to $50 on April 14, 2026. This analyst has an accuracy rate of 73%.
Considering buying FAST stock? Here’s what analysts think:
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