Fastenal Company is expected to report higher earnings for the second quarter of 2026, with analysts anticipating a significant increase in both profit and revenue. The industrial and construction supplies distributor is projected to announce earnings of 33 cents per share, up from 29 cents per share in the year-ago period. Revenue is estimated to reach $2.34 billion, compared to $2.08 billion reported in the prior year. The company will release its earnings report before the opening bell on Monday, July 13, 2026, followed by a conference call on Tuesday, July 14, 2026, to review its financial performance and current operations.

Analysts have recently adjusted their ratings and price targets for the stock. Morgan Stanley analyst Chris Snyder maintained an Equal-Weight rating and raised the price target from $45 to $48. Barclays analyst Guy Hardwick maintained an Equal-Weight rating and raised the price target from $46 to $47. DA Davidson analyst Chris Dankert initiated coverage with a Neutral rating and a price target of $46 on June 16, 2026. Conversely, Baird analyst David Manthey maintained an Outperform rating but reduced the price target from $52 to $50 on April 14, 2026.

Other recent ratings include Jefferies analyst Stephen Volkmann, who upgraded the stock from Hold to Buy and raised the price target from $45 to $52 on Dec. 15, 2025. JP Morgan analyst Patrick Baumann maintained a Neutral rating and raised the price target from $41 to $46 on Sept. 4, 2025. These analysts carry accuracy rates ranging from 52% to 74%.

Key Event Details

In the first quarter, Fastenal posted net sales of $2.20 billion, a 12.4% year-over-year increase, which surpassed the estimate of $2.199 billion. Shares of Fastenal gained 0.6% to close at $47.40 on Monday. The company provides industrial supply chain solutions, utilizing a network of local teams and embedded technology to serve organizations globally.

Fastenal has outperformed the market over the past 10 years by 1.86% on an annualized basis, producing an average annual return of 15.73%. The company currently has a market capitalization of $52.98 billion.

Investment Growth

If an investor had bought $100 of FAST stock 10 years ago, it would be worth $432.04 today based on a price of $46.15 for FAST at the time of writing.

Performance Metrics

The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.