Fastenal Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Fastenal Company (NYSE: FAST ) will release its second quarter earnings report before the opening bell on Monday, July 13.

Analysts expect the Winona, Minnesota-based company to report quarterly earnings of 33 cents per share, up from 29 cents per share in the year-ago period.

The consensus estimate for Fastenal’s quarterly revenue is $2.34 billion.

It reported $2.08 billion last year, according to Pro.

On April 13, the industrial and construction supplies distributor posted first-quarter net sales of $2.20 billion, up 12.4% year-over-year and ahead of the $2.199 billion estimate.

Fastenal shares gained 0.6% to close at $47.40 on Monday. readers can access the latest analyst ratings on the Analyst Stock Ratings page.

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Let’s have a look at how most-accurate analysts have rated the company in the recent period.

DA Davidson analyst Chris Dankert initiated coverage on the stock with a Neutral rating and a price target of $46 on June 16, 2026.

This analyst has an accuracy rate of 69%.

Barclays analyst Guy Hardwick maintained an Equal-Weight rating and raised the price target from $45 to $46 on June 3, 2026.

This analyst has an accuracy rate of 58%.

Baird analyst David Manthey maintained an Outperform rating and cut the price target from $52 to $50 on April 14, 2026.

This analyst has an accuracy rate of 74%.

Jefferies analyst Stephen Volkmann upgraded the stock from Hold to Buy and raised the price target from $45 to $52 on Dec.

15, 2025.

This analyst has an accuracy rate of 74%.

JP Morgan analyst Patrick Baumann maintained a Neutral rating and raised the price target from $41 to $46 on Sept.

4, 2025.

This analyst has an accuracy rate of 52%.

Considering buying FAST stock? Here’s what analysts think: Photo via Shutterstock