Fastenal's stock took a hit as investors remain cautious ahead of its upcoming earnings report.
Fastenal Company (NASDAQ:FAST) experienced a decline of 1.32% in its stock price today, closing at CA$50.81. The drop comes as the company prepares to announce its third-quarter earnings tomorrow, raising concerns among investors about potential performance amidst a challenging economic backdrop.
Investor takeaway: Investors are advised to closely monitor Fastenal's upcoming earnings report, as any signs of weakness could further impact the stock's performance in the near term.
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Fastenal Company
FAST.US
FAST.US
Fastenal Company
WealthAwesomeMarket cap
$59.08B
P/E
44.0x
Div. yield
1.81%
Div. / share
$0.92
52W high
$52.92
52W low
$38.34
1W change
+1.58%
Beta
0.69
Analyst Price Targets
Based on 18 analysts covering FAST · as of Oct 5, 2026
Wall Street analysts forecast FAST stock price to fall 5.1% over the next 12 months.
Consensus
Hold3.28 / 5.00
Avg. Target
C$48.84
-5.1% Upside
Current Price
C$51.49
Last close
Analyst Breakdown (18 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FAST's historical volatility
30-Day Vol
17.4%
Annualized
90-Day Vol
21.7%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$61.56
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$54.65 | C$51.47 – C$58.02 |
| 60 trading days | C$58.00 | C$53.29 – C$63.13 |
| 90 trading days | C$61.56 | C$55.49 – C$68.29 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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1.32% Decline Today
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Fastenal's stock has fallen today, reflecting investor caution ahead of its earnings announcement.
Bull case
Fastenal has consistently grown its revenue, reporting a 14.7% increase year-over-year last quarter. This growth is driven by strong demand in key sectors and effective digital strategies.
Bear case
Despite its past performance, Fastenal has missed revenue estimates several times over the last two years. Current macroeconomic uncertainties could pose risks to its upcoming earnings.
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