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Stockreport

Bernstein Raises its Price Target on Fastenal (FAST) to $42 [Yahoo! Finance]

Fastenal Company (FAST)  More Company Research Source: Yahoo! Finance
Last fastenal company earnings: 4/14 06:50 am Check Earnings Report
US:NASDAQ Investor Relations: investor.fastenal.com
On April 13, 2026, Bernstein raised its price target on Fastenal Company (NASDAQ:FAST) to $42 from $38. The firm noted that while the company is benefiting from strong PMI trends and sales growth, margins came in weaker than expected during the quarter. Management also indicated that pricing actions are taking longer to implement, which has added to investor concerns, particularly following a strong run-up in the stock ahead of earnings. Bernstein Raises its Price Target on Fastenal (FAST) to $42 On the other hand, BofA raised its price target on Fastenal to $55 from $48 and kept a Buy rating, with the new target based on a 27x 2027 EV/EBITDA multiple. The firm said the valuation reflects a broader rerating among distributor peers, with Fastenal now trading at a premium to the group. On April 12, 2026, Fastenal reported Q1 EPS of 30c, in line with consensus, on revenue of $2.2B, also matching expectations. The company said it continues to expect 2026 capital expenditures, net o [Read more]

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Stockreport

Bernstein Raises its Price Target on Fastenal (FAST) to $42 [Yahoo! Finance]

Fastenal Company  (FAST) 
Last fastenal company earnings: 4/14 06:50 am Check Earnings Report
US:NASDAQ Investor Relations: investor.fastenal.com
On April 13, 2026, Bernstein raised its price target on Fastenal Company (NASDAQ:FAST) to $42 from $38. The firm noted that while the company is benefiting from strong PMI trends and sales growth, margins came in weaker than expected during the quarter. Management also indicated that pricing actions are taking longer to implement, which has added to investor concerns, particularly following a strong run-up in the stock ahead of earnings. Bernstein Raises its Price Target on Fastenal (FAST) to $42 On the other hand, BofA raised its price target on Fastenal to $55 from $48 and kept a Buy rating, with the new target based on a 27x 2027 EV/EBITDA multiple. The firm said the valuation reflects a broader rerating among distributor peers, with Fastenal now trading at a premium to the group. On April 12, 2026, Fastenal reported Q1 EPS of 30c, in line with consensus, on revenue of $2.2B, also matching expectations. The company said it continues to expect 2026 capital expenditures, net o [Read more]

IMPACT SNAPSHOT
EVENT TIME:
FAST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS