Fastenal Co., US3119001044

Fastenal stock heads toward October 14 earnings after Q2 growth

Published on 10/06/2026 at 17:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fastenal stock enters its third-quarter report with Q2 revenue of USD 2.39 billion, up 14.7 percent year over year. Thirteen analysts keep a Hold consensus at USD 49.50.

Flatlay mit Aktienzertifikat, ISIN-Karte US3119001044, Schrauben und Handwerkzeug auf Schiefer — Fastenal Co. Aktienzertifikat und ISIN-Karte US3119001044 im Flatlay mit Schrauben und Werkzeug arrangiert, Illustration mit AI erstellt.

Fastenal Company stock (ISIN US3119001044) was trading at USD 51.27 on Nasdaq on October 6, 2026, at 11:24 a.m. ET, up 1.13 percent from the prior close. The next major company event is the third-quarter earnings call scheduled for October 14, 2026, according to Business Wire.

Q2 growth sets the bar

Fastenal reported second-quarter 2026 revenue of USD 2.39 billion, up 14.7 percent from the same quarter of 2025. Quarterly EPS was USD 0.33, matching the consensus estimate and rising from USD 0.29 a year earlier, according to MarketBeat.

The combination matters for the October report because sales growth exceeded the prior-year comparison while earnings growth remained tied to execution rather than a consensus beat. The company serves manufacturing, construction and maintenance customers through branches, onsite facilities, vending machines and digital channels.

Analysts see limited upside

MarketBeat reports a Hold consensus from 13 analysts, with six Buy ratings, five Hold ratings and two Sell ratings. The average 12-month target is USD 49.50, below the October 6 trading price of USD 51.27, making the upcoming results important for the market's valuation view.

Recent target changes remain divided. Barclays cut its target from USD 47 to USD 46 with an Equal-Weight rating, while Morgan Stanley raised its target from USD 48 to USD 52 and kept an Equal-Weight rating, both changes dated July 16, 2026, according to ScanX. That spread places more weight on the next sales and margin update than on a single analyst revision.

Nasdaq-100 exposure adds context

Fastenal is a Nasdaq-100 constituent with a reported index weight of 0.26 percent, while manufacturing represents 72 percent of end-market demand, according to Nasdaq. This concentration gives the October results a direct read-through on industrial demand, but it also leaves the company exposed to factory activity and cost pressure.

Fastenal stock trades below its yearly high

Fastenal stock was trading at USD 51.27 on Nasdaq on October 6, 2026, within the USD 38.97 to USD 52.92 52-week range. Its market capitalization was USD 58.8 billion and volume stood at 909,923 shares at the same timestamp.