Fastenal Co., US3119001044

Fastenal stock heads into October 14 results with 14.6 percent growth

Published on 10/07/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fastenal stock faces a Q3 forecast of USD 0.34 adjusted EPS on October 14, 2026. Second-quarter revenue reached USD 2.39 billion, up 14.7 percent year over year.

Isometrische 3D-Illustration der industriellen Lieferkette von Hersteller über Lager zu Kunden — Fastenal Co. Lieferkette als isometrisches 3D-Prozessdiagramm von Hersteller zu Kunden, ISIN US3119001044, Illustration mit AI erstellt.

Fastenal stock (ISIN US3119001044) was trading at USD 50.50 on Nasdaq on October 7, 2026 at 9:58 a.m. ET, while its market capitalization stood at USD 57.9 billion. The scheduled October 14 results will test whether the industrial distributor can convert projected double-digit sales growth into further earnings gains.

Revenue forecast points higher

According to ScanX News on October 2, 2026, analysts expect Fastenal to report Q3 2026 revenue of USD 2.44 billion, compared with USD 2.13 billion in the prior-year quarter. That implies revenue growth of 14.6 percent, while consensus adjusted EPS of USD 0.34 would rise 17.2 percent from USD 0.29.

The earnings date is confirmed by MarketBeat on October 7, 2026. Fastenal plans to announce the figures before the market opens, followed by a conference call at 10:00 a.m. ET.

Second quarter set the benchmark

Fastenal's latest reported quarter produced USD 2.39 billion in revenue and USD 0.33 in EPS, according to MarketBeat on October 2, 2026. Revenue was 14.7 percent higher than a year earlier, while EPS increased from USD 0.29 and matched the USD 0.33 consensus estimate.

The comparison matters because the Q3 forecast calls for a similar revenue expansion rate but faster EPS growth. The implied 17.2 percent EPS increase is 2.6 percentage points above the projected 14.6 percent revenue increase, making operating leverage a central figure in the upcoming release.

Consensus target below the quote

MarketBeat reports that 13 analysts carry a consensus Hold rating and an average 12-month price target of USD 49.50. The target is USD 1.00 below the October 7 intraday price, or 2.0 percent below it, while published targets range from USD 46.00 to USD 55.00.

That valuation gap leaves the earnings report as the next measurable test for the shares. Fastenal's 52-week range is USD 38.97 to USD 52.92, placing the October 7 price USD 2.42 below the upper end and USD 11.53 above the lower end.

Fastenal stock holds near yearly high

Fastenal stock was last at USD 50.50 on Nasdaq on October 7, 2026 at 9:58 a.m. ET, down 0.61 percent from the prior close. The company operates in industrial distribution and supplies fasteners, safety equipment, tools and related products through branches, customer sites, vending machines and digital platforms.