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PACCAR (PCAR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PCAR Stock Forecast

PACCAR stock forecast is as follows: an average price target of $114.40 (represents a 6.41% upside from PCAR’s last price of $107.51) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.

PCAR Price Target

The average price target for PACCAR (PCAR) is $114.40 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $129.00 to $103.00. This represents a potential 6.41% upside from PCAR's last price of $107.51.

PCAR Analyst Ratings

Buy

According to 15 Wall Street analysts, PACCAR's rating consensus is 'Buy'. The analyst rating breakdown for PCAR stock is 0 'Strong Buy' (0.00%), 7 'Buy' (46.67%), 7 'Hold' (46.67%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).

PACCAR Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024David RasoEvercore ISI$129.00$92.8638.92%19.99%
Oct 23, 2024Jerry RevichGoldman Sachs$121.00$104.7915.47%12.55%
Oct 23, 2024Kyle MengesCitigroup$110.00$104.794.97%2.32%
Oct 09, 2024Jamie CookTruist Financial$103.00$102.800.19%-4.19%
Jul 24, 2024Nicole DeblaseDeutsche Bank$109.00$95.3014.38%1.39%
Apr 15, 2024Angel CastilloMorgan Stanley$147.00$117.7124.88%36.73%
Mar 26, 2024Nick HousdenRBC Capital$123.00$123.39-0.32%14.41%
Mar 15, 2024Steven FisherUBS$136.00$118.3314.93%26.50%
Mar 13, 2024Jamie CookTruist Financial$117.00$115.970.89%8.83%
Jul 17, 2023Stephen VolkmannJefferies$115.00$87.5631.34%6.97%
Feb 07, 2023Morgan Stanley$43.26$48.68-11.15%-59.76%
Feb 01, 2023BMO Capital$44.44$48.58-8.52%-58.66%
Jan 12, 2023Credit Suisse$46.67$44.923.90%-56.59%
Dec 15, 2022Raymond James$53.33$43.8021.77%-50.39%
Dec 14, 2022Morgan Stanley$60.44$45.4333.05%-43.78%
Nov 29, 2022Miguel BorregaBNP Paribas$44.44$46.34-4.09%-58.66%
Jul 27, 2022Credit Suisse$46.22$39.0218.47%-57.01%
Jul 27, 2022Morgan Stanley$36.00$39.02-7.74%-66.51%
Jul 27, 2022Raymond James$44.44$38.6514.98%-58.66%
Jul 19, 2022Felix BoeschenRaymond James$42.22$37.3513.04%-60.73%
Jul 18, 2022Morgan Stanley$33.33$35.75-6.75%-69.00%
Apr 27, 2022Credit Suisse$50.22$37.2534.81%-53.29%
Apr 27, 2022Raymond James$46.67$37.3524.94%-56.59%
Jan 26, 2022Courtney YakavonisMorgan Stanley$43.56$41.724.39%-59.49%
Jan 26, 2022Jamie CookCredit Suisse$50.67$41.7221.43%-52.87%
Jan 26, 2022Felix BoeschenRaymond James$48.00$41.5715.46%-55.35%
Jan 26, 2022Steven FisherUBS$41.78$41.570.49%-61.14%
Dec 22, 2021Chad DillardBernstein$43.56$37.3216.72%-59.49%
Nov 23, 2021Joel TissBMO Capital$42.22$39.157.84%-60.73%
Oct 12, 2021Timothy TheinCitigroup$44.44$36.2422.62%-58.66%

The latest PACCAR stock forecast, released on Nov 13, 2024 by David Raso from Evercore ISI, set a price target of $129.00, which represents a 38.92% increase from the stock price at the time of the forecast ($92.86), and a 19.99% increase from PCAR last price ($107.51).

PACCAR Price Target by Period

1M3M12M
# Anlaysts-49
Avg Price Target-$115.75$121.67
Last Closing Price$107.51$107.51$107.51
Upside/Downside-100.00%7.66%13.17%

In the current month, the average price target of PACCAR stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PACCAR's last price of $107.51. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 13, 2024Evercore ISIOutperformUpgrade
Oct 23, 2024Goldman SachsNeutralNeutralHold
Oct 09, 2024CitigroupNeutralNeutralHold
Oct 04, 2024OTR GlobalNegativeDowngrade
Jul 24, 2024Deutsche BankBuyBuyHold
Jun 27, 2024Raymond JamesStrong BuyMarket PerformInitialise
Apr 15, 2024Morgan StanleyOverweightOverweightHold
Mar 26, 2024RBC CapitalSector PerformInitialise
Mar 15, 2024UBSBuyUpgrade
Jan 19, 2024Bank of America SecuritiesNeutralUpgrade
Oct 25, 2023CFRAStrong BuyBuyUpgrade
Oct 25, 2023Deutsche BankBuyUpgrade
Jul 27, 2023CitigroupNeutralNeutralHold
Jul 17, 2023JefferiesBuyUpgrade
Feb 07, 2023Morgan StanleyOverweightOverweightHold
Jan 12, 2023Credit SuisseOutperformNeutralDowngrade
Jan 10, 2023Wolfe ResearchPeer PerformUnderperformDowngrade
Dec 15, 2022NeedhamBuyBuyHold
Dec 15, 2022Raymond JamesStrong BuyStrong BuyHold
Dec 14, 2022Morgan StanleyEqual-WeightOverweightUpgrade
Nov 29, 2022Exane BNP ParibasNeutralUpgrade
Nov 17, 2022Wolfe ResearchPeer PerformDowngrade
Jul 27, 2022Credit SuisseOutperformOutperformHold
Jul 27, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 19, 2022Raymond JamesStrong BuyStrong BuyHold
Apr 27, 2022Credit SuisseOutperformOutperformHold
Apr 27, 2022Raymond JamesStrong BuyStrong BuyHold
Apr 26, 2022CFRAStrong BuyUpgrade

PACCAR's last stock rating was published by Evercore ISI on Nov 13, 2024. The company Upgrade its PCAR rating from "null" to "Outperform".

PACCAR Financial Forecast

PACCAR Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$8.59B$8.70B$8.88B$8.47B$8.13B$7.06B$7.16B$6.47B$6.69B$5.15B$5.84B$5.85B$5.57B$4.94B$3.06B$5.16B$6.12B$6.37B
Avg Forecast$9.88B$9.59B$9.64B$9.21B$8.48B$8.35B$8.10B$7.78B$7.57B$7.66B$8.27B$8.25B$8.44B$8.15B$8.28B$7.84B$7.14B$6.71B$6.56B$5.95B$5.44B$4.73B$5.52B$5.36B$5.20B$4.50B$2.95B$4.98B$5.55B$5.95B
High Forecast$10.41B$10.11B$10.16B$9.70B$8.94B$8.80B$8.54B$8.16B$7.77B$7.68B$8.28B$8.25B$8.60B$8.63B$8.72B$8.26B$7.53B$6.71B$6.56B$5.95B$5.44B$4.73B$5.52B$5.36B$5.20B$4.50B$2.95B$4.98B$5.55B$5.95B
Low Forecast$9.31B$9.04B$9.09B$8.68B$8.00B$7.87B$7.64B$7.22B$7.36B$7.64B$8.26B$8.25B$8.25B$7.83B$7.80B$7.39B$6.73B$6.71B$6.56B$5.95B$5.44B$4.73B$5.52B$5.36B$5.20B$4.50B$2.95B$4.98B$5.55B$5.95B
# Analysts444433358444576322223456699988
Surprise %------------1.02%1.07%1.07%1.08%1.14%1.05%1.09%1.09%1.23%1.09%1.06%1.09%1.07%1.10%1.04%1.04%1.10%1.07%

PACCAR's average Quarter revenue forecast for Mar 24 based on 4 analysts is $8.25B, with a low forecast of $8.25B, and a high forecast of $8.25B. PCAR's average Quarter revenue forecast represents a -3.95% decrease compared to the company's last Quarter revenue of $8.59B (Dec 23).

PACCAR EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433358444576322223456699988
EBITDA------------$1.40B$1.65B$1.65B$1.62B$1.29B$1.10B$1.09B$930.10M$823.00M$678.80M$840.50M$836.00M$771.40M$730.30M$387.80M$691.50M$922.20M$995.90M
Avg Forecast$1.53B$1.48B$1.49B$1.42B$1.31B$1.29B$1.25B$1.20B$1.17B$1.18B$1.28B$1.22B$1.31B$1.26B$1.28B$1.11B$1.06B$1.04B$1.02B$1.01B$844.75M$734.36M$858.06M$844.24M$807.56M$698.60M$458.17M$838.21M$861.69M$924.13M
High Forecast$1.61B$1.56B$1.57B$1.50B$1.38B$1.36B$1.32B$1.26B$1.20B$1.19B$1.28B$1.46B$1.33B$1.33B$1.35B$1.33B$1.27B$1.04B$1.02B$1.21B$844.75M$734.36M$858.06M$1.01B$807.56M$698.60M$458.17M$1.01B$861.69M$924.13M
Low Forecast$1.44B$1.40B$1.41B$1.34B$1.24B$1.22B$1.18B$1.12B$1.14B$1.18B$1.28B$974.88M$1.28B$1.21B$1.21B$886.25M$848.95M$1.04B$1.02B$805.69M$844.75M$734.36M$858.06M$675.40M$807.56M$698.60M$458.17M$670.57M$861.69M$924.13M
Surprise %------------1.08%1.31%1.29%1.46%1.21%1.06%1.07%0.92%0.97%0.92%0.98%0.99%0.96%1.05%0.85%0.82%1.07%1.08%

4 analysts predict PCAR's average Quarter EBITDA for Mar 24 to be $1.22B, with a high of $1.46B and a low of $974.88M. This is -13.22% lower than PACCAR's previous annual EBITDA (Dec 23) of $1.40B.

PACCAR Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433358444576322223456699988
Net Income------------$1.42B$1.23B$1.22B$733.90M$921.30M$769.40M$720.40M$600.50M$511.40M$377.70M$492.90M$470.10M$405.80M$385.50M$147.70M$359.40M$531.30M$607.90M
Avg Forecast$1.40B$1.30B$1.32B$1.24B$1.08B$1.05B$976.16M$912.64M$891.22M$956.67M$1.13B$641.68M$1.18B$1.12B$1.15B$583.34M$498.61M$696.70M$641.12M$530.31M$464.72M$420.87M$490.23M$440.49M$429.25M$347.57M$105.53M$410.31M$530.19M$577.44M
High Forecast$1.50B$1.40B$1.41B$1.33B$1.15B$1.12B$1.04B$1.02B$907.23M$957.98M$1.13B$770.01M$1.25B$1.21B$1.23B$700.01M$598.34M$710.22M$657.68M$636.37M$464.72M$420.87M$511.38M$528.58M$429.25M$347.57M$105.53M$492.38M$530.19M$577.44M
Low Forecast$1.30B$1.21B$1.22B$1.15B$998.08M$970.92M$903.85M$827.39M$869.87M$955.37M$1.13B$513.34M$1.11B$1.04B$1.06B$466.67M$398.89M$683.17M$624.57M$424.25M$464.72M$420.87M$469.09M$352.39M$429.25M$347.57M$105.53M$328.25M$530.19M$577.44M
Surprise %------------1.20%1.10%1.06%1.26%1.85%1.10%1.12%1.13%1.10%0.90%1.01%1.07%0.95%1.11%1.40%0.88%1.00%1.05%

PACCAR's average Quarter net income forecast for Mar 24 is $641.68M, with a range of $513.34M to $770.01M. PCAR's average Quarter net income forecast represents a -54.73% decrease compared to the company's last Quarter net income of $1.42B (Dec 23).

PACCAR SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433358444576322223456699988
SG&A------------$156.00M$182.30M$181.90M$195.00M$194.80M$171.00M$176.80M$183.70M$182.70M$168.60M$164.40M$161.10M$165.50M$131.70M$120.20M$164.00M$183.20M$172.60M
Avg Forecast$255.81M$248.34M$249.56M$238.44M$219.62M$216.22M$209.81M$201.41M$196.05M$198.39M$214.20M$196.30M$218.72M$211.06M$214.36M$178.45M$178.13M$180.58M$176.63M$162.23M$146.47M$127.33M$148.77M$150.95M$140.02M$121.13M$79.44M$187.23M$149.40M$160.23M
High Forecast$269.67M$261.79M$263.08M$251.35M$231.51M$227.93M$221.17M$211.44M$201.34M$198.91M$214.58M$235.56M$222.73M$223.41M$225.97M$214.14M$213.76M$180.58M$176.63M$194.67M$146.47M$127.33M$148.77M$181.14M$140.02M$121.13M$79.44M$224.68M$149.40M$160.23M
Low Forecast$241.24M$234.19M$235.34M$224.85M$207.10M$203.90M$197.85M$187.01M$190.76M$197.87M$213.83M$157.04M$213.65M$202.80M$202.15M$142.76M$142.51M$180.58M$176.63M$129.78M$146.47M$127.33M$148.77M$120.76M$140.02M$121.13M$79.44M$149.79M$149.40M$160.23M
Surprise %------------0.71%0.86%0.85%1.09%1.09%0.95%1.00%1.13%1.25%1.32%1.11%1.07%1.18%1.09%1.51%0.88%1.23%1.08%

PACCAR's average Quarter SG&A projection for Mar 24 is $196.30M, based on 4 Wall Street analysts, with a range of $157.04M to $235.56M. The forecast indicates a 25.83% rise compared to PCAR last annual SG&A of $156.00M (Dec 23).

PACCAR EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433358444576322223456699988
EPS------------$2.70$2.35$2.33$1.40$1.76$1.47$1.38$1.15$0.98$0.73$0.95$0.90$0.78$0.74$0.29$0.69$1.02$1.17
Avg Forecast$2.67$2.48$2.50$2.35$2.05$1.99$1.85$1.73$1.69$1.82$2.14$2.20$2.25$2.13$2.18$1.80$1.47$1.32$1.22$1.03$0.88$0.80$0.93$0.85$0.82$0.66$0.20$0.81$1.01$1.10
High Forecast$2.85$2.65$2.67$2.52$2.19$2.13$1.98$1.93$1.72$1.82$2.14$2.20$2.38$2.30$2.34$1.93$1.58$1.35$1.25$1.03$0.88$0.80$0.97$0.85$0.82$0.66$0.20$0.81$1.01$1.10
Low Forecast$2.47$2.29$2.31$2.18$1.90$1.84$1.72$1.57$1.65$1.81$2.14$2.20$2.11$1.97$2.02$1.67$1.36$1.30$1.19$1.03$0.88$0.80$0.89$0.85$0.82$0.66$0.20$0.81$1.01$1.10
Surprise %------------1.20%1.11%1.07%0.78%1.20%1.11%1.13%1.12%1.11%0.91%1.02%1.06%0.96%1.12%1.45%0.86%1.01%1.07%

According to 4 Wall Street analysts, PACCAR's projected average Quarter EPS for Mar 24 is $2.20, with a low estimate of $2.20 and a high estimate of $2.20. This represents a -18.37% decrease compared to PCAR previous annual EPS of $2.70 (Dec 23).

PACCAR Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HYHyster-Yale Materials Handling$52.58$90.0071.17%Buy
TEXTerex$47.29$65.0037.45%Hold
MTWManitowoc Company$9.35$12.7536.36%Buy
AGCOAGCO$96.86$107.6711.16%Hold
LNNLindsay$127.18$138.508.90%Buy
OSKOshkosh$97.67$105.007.50%Buy
ALGAlamo Group$196.51$209.006.36%Buy
CATCaterpillar$375.80$392.504.44%Buy
PCARPACCAR$111.66$114.402.45%Buy
ASTEAstec Industries$35.94$36.000.17%Hold
WNCWabash National$18.27$18.00-1.48%Hold
DEDeere & Company$443.59$410.00-7.57%Buy

PCAR Forecast FAQ

Is PACCAR a good buy?

Yes, according to 15 Wall Street analysts, PACCAR (PCAR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 46.67% of PCAR's total ratings.

What is PCAR's price target?

PACCAR (PCAR) average price target is $114.4 with a range of $103 to $129, implying a 6.41% from its last price of $107.51. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will PACCAR stock go up soon?

According to Wall Street analysts' prediction for PCAR stock, the company can go up by 6.41% (from the last price of $107.51 to the average price target of $114.4), up by 19.99% based on the highest stock price target, and down by -4.19% based on the lowest stock price target.

Can PACCAR stock reach $200?

PCAR's average twelve months analyst stock price target of $114.4 does not support the claim that PACCAR can reach $200 in the near future.

What are PACCAR's analysts' financial forecasts?

PACCAR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $32.7B (high $34.44B, low $30.73B), average EBITDA is $5.06B (high $5.33B, low $4.75B), average net income is $4.02B (high $4.34B, low $3.7B), average SG&A $847.06M (high $892.05M, low $795.86M), and average EPS is $7.63 (high $8.24, low $7.03). PCAR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $38.31B (high $40.38B, low $36.12B), average EBITDA is $5.93B (high $6.25B, low $5.59B), average net income is $5.26B (high $5.63B, low $4.87B), average SG&A $992.16M (high $1.05B, low $935.63M), and average EPS is $10 (high $10.7, low $9.26).

Did the PCAR's actual financial results beat the analysts' financial forecasts?

Based on PACCAR's last annual report (Dec 2023), the company's revenue was $33.32B, beating the average analysts forecast of $32.71B by 1.86%. Apple's EBITDA was $5.41B, beating the average prediction of $4.95B by 9.11%. The company's net income was $4.6B, beating the average estimation of $4.04B by 14.01%. Apple's SG&A was $604.3M, missing the average forecast of $822.6M by -26.54%. Lastly, the company's EPS was $8.78, beating the average prediction of $8.36 by 5.04%. In terms of the last quarterly report (Dec 2023), PACCAR's revenue was $8.59B, beating the average analysts' forecast of $8.44B by 1.75%. The company's EBITDA was $1.4B, beating the average prediction of $1.31B by 7.50%. PACCAR's net income was $1.42B, beating the average estimation of $1.18B by 19.84%. The company's SG&A was $156M, missing the average forecast of $218.72M by -28.68%. Lastly, the company's EPS was $2.7, beating the average prediction of $2.25 by 20.20%