Fastenal Company (NASDAQ:FAST) will release earnings results for the third quarter, before the opening bell on Monday, Oct. 13.
Analysts expect the Winona, Minnesota-based company to report quarterly earnings at 30 cents per share, up from 26 cents per share in the year-ago period. Fastenal projects quarterly revenue of $2.13 billion, compared to $1.91 billion a year earlier, according to data from Benzinga Pro.
On July 14, Fastenal reported better-than-expected second-quarter earnings.
Shares of Fastenal fell 0.7% to close at $47.45 on Tuesday.
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.
- Baird analyst David Manthey upgraded the stock from Neutral to Outperform rating and raised the price target from $47 to $55 on Aug. 7, 2025. This analyst has an accuracy rate of 76%.
- Stephens & Co. analyst Tommy Moll maintained an Equal-Weight rating and boosted the price target from $40 to $45 on July 15, 2025. This analyst has an accuracy rate of 78%.
- Loop Capital analyst Chris Dankert maintained a Hold rating and raised the price target from $40 to $45 on July 8, 2025. This analyst has an accuracy rate of 72%.
- Morgan Stanley analyst Chris Snyder maintained an Equal-Weight rating and raised the price target of $38 to $40 on May 23, 2025. This analyst has an accuracy rate of 75%.
- William Blair analyst Ryan Merkel upgraded the stock from Market Perform to Outperform on March 10, 2025. This analyst has an accuracy rate of 65%
Considering buying FAST stock? Here’s what analysts think:
Read This Next:
Photo via Shutterstock
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.