Fastenal stock price forecast in Fastenal stock price forecast

In Fastenal stock price forecast discussions, sector rotation into industrials is a key theme, with macro tailwinds from government procurement projects boosting demand visibility into Q3 34% = US$1.2b ÷ US$3.3b (Based on the trailing twelve months to December 2023). For the first three months of fiscal 2025, Fastenal reported net income of $298.7 million or $0.52 per share, broadly unchanged from $297.7 million or $0.52 per share the company reported in the same period of 2024. Net sales moved up 3% year-over-year to $1.96 billion in the first quarter, with net daily sales increasing 5%. At the end of the quarter, Fastenal had 129,996 weighted FMI devices. Both revenue and earnings were in line with Wall Street’s expectations. Fastenal stock price forecast models point to bullish RSI readings around 58, suggesting room for upside while avoiding overbought territory. Earnings upgrades could trigger a breakout above $