Rating Change
Baird reiterated its Outperform rating on Fastenal Company (NASDAQ:FAST) on October 15, 2026.
reiterateNASDAQ:FAST
Baird Reiterates Outperform Rating on Fastenal Company (FAST)
Baird reiterated its Outperform rating on Fastenal Company (NASDAQ:FAST) on October 15, 2026.
At publication ·
What changed
Fastenal Company (NASDAQ:FAST) · reiterate
- Firm
- Baird
- Rating
- Outperform to Outperform
- Price at event
- $50.38
- Market capitalization
- $47.9B
At a glance
Key takeaways
- Baird reiterated an Outperform rating on Fastenal Company (NASDAQ:FAST) on October 15, 2026.
Market Context
Fastenal Company operates in the Industrials sector. The stock currently trades at $50.38 with a market capitalization of $47.9B. The stock has gained 25.1% over the past 52 weeks.
Analyst coverage from Baird provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Fastenal Company.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Fastenal Company
Among the 10 most recent ratings: 2 Buy, 7 Hold, 1 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 15, 2026 | DA Davidson | Neutral | N/A |
| Oct 15, 2026 | Bernstein | Underperform | N/A |
| Oct 15, 2026 | Baird | Outperform | N/A |
| Jul 16, 2026 | Morgan Stanley | Equal-Weight | N/A |
| Jul 16, 2026 | Barclays | Equal-Weight | N/A |
Related Tools: Analyst Ratings Dashboard | View FAST Stock Page
Frequently Asked Questions
What does the Outperform rating mean for FAST?
A rating of Outperform from Baird reflects the analyst's outlook on Fastenal Company (NASDAQ:FAST). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FAST forecast page.
