Fastenal Co., US3119001044

Fastenal stock gains 1.05 percent ahead of Q3 results.??

Published on 10/04/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fastenal stock trades at USD 50.75 after October 2, with Q3 results due October 14. Q2 revenue reached USD 2.39 billion, up 14.7 percent year over year.

Pop-Art-Comic-Szene eines farbigen Industrielagers mit Arbeitern, Schrauben und Sprechblasen — Fastenal Co. Lager als farbenfrohe Pop-Art-Comic-Szene mit Arbeitern und Industrie-Schrauben, ISIN US3119001044, Illustration mit AI erstellt.

Fastenal stock (ISIN US3119001044) was last at USD 50.75 on Nasdaq on October 2, 2026, at 4:00 p.m. ET, up 1.05 percent from the prior session. The next valuation test arrives on October 14, when the industrial distributor is scheduled to report fiscal Q3 2026 results before the market opens, according to Fastenal.

Q2 growth raises the bar

Fastenal generated USD 2.39 billion in Q2 2026 revenue, a 14.7 percent increase from the year-earlier quarter, while earnings reached USD 0.33 per share. MarketBeat reported that the quarterly EPS matched consensus, while revenue exceeded the USD 2.34 billion estimate.

The comparison is important because Q2 2025 EPS was USD 0.29, putting the latest result USD 0.04 higher. The same report placed Fastenal's Q2 net margin at 15.45 percent and return on equity at 34.03 percent, giving the October earnings release a demanding profitability benchmark.

Analyst target stays below price

MarketBeat described analyst sentiment as Hold, with an average 12-month target of USD 49.50 and a target range of USD 46 to USD 55. The average target sits below the October 2 reference price, so the upcoming report must support both the growth rate and the premium valuation already embedded in the shares.

Recent target changes show the split view. Barclays lowered its target from USD 47 to USD 46, while Morgan Stanley raised its target from USD 48 to USD 52, both in July research cited by MarketBeat. That spread makes the October 14 update a direct test of whether operating momentum can justify the different valuation assumptions.

Stock remains near yearly high

Fastenal's October 2 price stood inside a 52-week range of USD 38.97 to USD 52.92, with trading volume of 7,142,537 shares and market capitalization of USD 58.2 billion. The stock was USD 2.17 below its 52-week high, while its daily gain lifted it above the 50-day moving average of USD 49.86 cited by MarketBeat.

For investors, the key checkpoint is the combination of revenue growth, EPS delivery and margin discipline in the next report. Fastenal's Q2 revenue beat and 14.7 percent annual growth provide the operating reference, while the USD 49.50 consensus target shows how closely the market is measuring the share price against future execution.

October 14 sets the next checkpoint

Fastenal stock was last at USD 50.75 on Nasdaq on October 2, 2026, at 4:00 p.m. ET, with a 1.05 percent daily gain and a USD 58.2 billion market capitalization.