PACCAR (PCAR) Stock Forecast, Price Target & Predictions


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PCAR Stock Forecast


PACCAR stock forecast is as follows: an average price target of $85.32 (represents a -12.93% downside from PCAR’s last price of $97.99) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

PCAR Price Target


The average price target for PACCAR (PCAR) is $85.32 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $147.00 to $43.56. This represents a potential -12.93% downside from PCAR's last price of $97.99.

PCAR Analyst Ratings


Buy

According to 12 Wall Street analysts, PACCAR's rating consensus is 'Buy'. The analyst rating breakdown for PCAR stock is 0 'Strong Buy' (0.00%), 6 'Buy' (50.00%), 6 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

PACCAR Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 24, 2024Nicole DeblaseDeutsche Bank$109.00$95.3014.38%11.24%
Apr 15, 2024Angel CastilloMorgan Stanley$147.00$117.7124.88%50.02%
Mar 26, 2024Nick HousdenRBC Capital$123.00$123.39-0.32%25.52%
Mar 15, 2024Steven FisherUBS$136.00$118.3314.93%38.79%
Mar 13, 2024Jamie CookTruist Financial$117.00$115.970.89%19.40%
Jul 17, 2023Stephen VolkmannJefferies$115.00$87.5631.34%17.36%
Feb 07, 2023-Morgan Stanley$43.26$48.68-11.15%-55.85%
Feb 01, 2023-BMO Capital$44.44$48.58-8.52%-54.64%
Jan 12, 2023-Credit Suisse$46.67$44.923.90%-52.38%
Dec 15, 2022-Raymond James$53.33$43.8021.77%-45.57%
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The latest PACCAR stock forecast, released on Jul 24, 2024 by Nicole Deblase from Deutsche Bank, set a price target of $109.00, which represents a 14.38% increase from the stock price at the time of the forecast ($95.30), and a 11.24% increase from PCAR last price ($97.99).

PACCAR Price Target by Period


1M3M12M
# Anlaysts-15
Avg Price Target-$109.00$126.40
Last Closing Price$97.99$97.99$97.99
Upside/Downside-100.00%11.24%28.99%

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 $97.99. 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
Jul 24, 2024Deutsche BankBuyBuyHold
Jun 27, 2024Raymond JamesStrong BuyMarket PerformInitialise
Apr 15, 2024Morgan StanleyOverweightOverweightHold
Mar 26, 2024RBC Capital-Sector PerformInitialise
Mar 15, 2024UBS-BuyUpgrade
Jan 19, 2024Bank of America Securities-NeutralUpgrade
Oct 25, 2023CFRAStrong BuyBuyUpgrade
Oct 25, 2023Deutsche Bank-BuyUpgrade
Jul 27, 2023CitigroupNeutralNeutralHold
Jul 17, 2023Jefferies-BuyUpgrade
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PACCAR's last stock rating was published by Deutsche Bank on Jul 24, 2024. The company gave PCAR a "Buy" rating, the same as its previous rate.

PACCAR Financial Forecast


PACCAR Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 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-$6.47B$6.69B$5.15B$5.84B$5.85B$5.57B$4.94B$3.06B$5.16B$6.12B$6.37B
Avg Forecast$10.14B$9.57B$9.89B$9.54B$8.56B$8.14B$7.99B$7.92B$7.52B$7.62B$8.30B$8.25B$8.48B$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$10.71B$10.11B$10.45B$10.07B$9.03B$8.59B$8.44B$8.36B$7.94B$8.08B$8.76B$8.71B$8.64B$8.63B$8.74B$8.27B$7.54B$7.08B$6.56B$6.30B$5.75B$5.00B$5.85B$5.67B$5.50B$4.76B$3.12B$5.27B$5.87B$6.30B
Low Forecast$9.68B$9.13B$9.44B$9.10B$8.16B$7.77B$7.63B$7.56B$7.18B$7.41B$7.92B$7.87B$8.28B$7.83B$7.90B$7.48B$6.81B$6.40B$6.56B$5.68B$5.19B$4.51B$5.27B$5.11B$4.96B$4.29B$2.82B$4.76B$5.29B$5.68B
# Analysts54544343585457632223456101098765
Surprise %------------1.01%1.07%1.07%1.08%1.14%1.05%-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 $7.87B, and a high forecast of $8.71B. 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544343585457632223456101098765
EBITDA------------$1.40B$1.65B$1.65B$1.62B$1.29B$1.10B-$930.10M$823.00M$678.80M$840.50M$836.00M$771.40M$730.30M$387.80M$691.50M$922.20M$995.90M
Avg Forecast$1.58B$1.49B$1.54B$1.48B$1.33B$1.26B$1.24B$1.23B$1.17B$1.18B$1.29B$1.22B$1.32B$1.27B$1.29B$1.11B$1.11B$1.16B$1.02B$1.01B$964.72M$1.05B$1.16B$844.24M$823.73M$655.80M$260.67M$838.21M$959.82M$979.29M
High Forecast$1.66B$1.57B$1.62B$1.56B$1.40B$1.33B$1.31B$1.30B$1.23B$1.26B$1.36B$1.46B$1.34B$1.34B$1.36B$1.33B$1.17B$1.39B$1.02B$1.21B$1.16B$1.26B$1.39B$1.01B$988.48M$786.96M$312.80M$1.01B$1.15B$1.18B
Low Forecast$1.50B$1.42B$1.47B$1.41B$1.27B$1.21B$1.18B$1.17B$1.11B$1.15B$1.23B$974.88M$1.29B$1.22B$1.23B$886.25M$1.06B$924.16M$1.02B$805.69M$771.77M$840.15M$928.02M$675.40M$658.98M$524.64M$208.53M$670.57M$767.85M$783.43M
Surprise %------------1.07%1.30%1.28%1.46%1.16%0.96%-0.92%0.85%0.65%0.72%0.99%0.94%1.11%1.49%0.82%0.96%1.02%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544343585457632223456101098765
Net Income------------$1.42B$1.23B$1.22B$733.90M$921.30M$769.40M-$600.50M$511.40M$377.70M$492.90M$470.10M$405.80M$385.50M$147.70M$359.40M$531.30M$607.90M
Avg Forecast$1.43B$1.31B$1.33B$1.28B$1.17B$1.14B$1.07B$1.06B$952.97M$956.85M$1.13B$641.68M$1.18B$1.12B$1.15B$583.34M$775.51M$460.11M$640.76M$530.31M$453.29M$418.28M$482.18M$440.49M$422.43M$334.36M$90.53M$410.31M$524.26M$567.13M
High Forecast$1.53B$1.41B$1.42B$1.37B$1.26B$1.22B$1.15B$1.14B$1.02B$972.62M$1.21B$770.01M$1.25B$1.21B$1.23B$700.01M$831.72M$552.13M$640.76M$636.37M$543.94M$501.94M$578.62M$528.58M$506.92M$401.23M$108.63M$492.38M$629.12M$680.55M
Low Forecast$1.34B$1.24B$1.25B$1.20B$1.10B$1.07B$1.01B$995.45M$896.13M$930.57M$1.06B$513.34M$1.11B$1.04B$1.08B$466.67M$729.26M$368.09M$640.76M$424.25M$362.63M$334.62M$385.75M$352.39M$337.94M$267.49M$72.42M$328.25M$419.41M$453.70M
Surprise %------------1.20%1.10%1.06%1.26%1.19%1.67%-1.13%1.13%0.90%1.02%1.07%0.96%1.15%1.63%0.88%1.01%1.07%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544343585457632223456101098765
SG&A------------$156.00M$182.30M$181.90M$195.00M$194.80M$171.00M-$183.70M$182.70M$168.60M$164.40M$161.10M$165.50M$131.70M$120.20M$164.00M$183.20M$172.60M
Avg Forecast$273.09M$257.74M$266.45M$256.96M$230.44M$219.20M$215.25M$213.27M$202.55M$205.17M$223.48M$196.30M$228.35M$219.42M$222.86M$178.45M$192.30M$205.39M$176.63M$162.23M$161.94M$186.71M$160.83M$150.95M$172.28M$114.23M$73.67M$187.23M$180.77M$161.02M
High Forecast$288.31M$272.11M$281.30M$271.28M$243.28M$231.42M$227.25M$225.16M$213.84M$217.66M$235.94M$235.56M$232.53M$232.26M$235.29M$214.14M$203.02M$246.46M$176.63M$194.67M$194.33M$224.06M$192.99M$181.14M$206.74M$137.08M$88.41M$224.68M$216.93M$193.23M
Low Forecast$260.56M$245.92M$254.22M$245.17M$219.86M$209.14M$205.38M$203.49M$193.25M$199.47M$213.22M$157.04M$223.05M$210.84M$212.64M$142.76M$183.48M$164.31M$176.63M$129.78M$129.55M$149.37M$128.66M$120.76M$137.83M$91.38M$58.94M$149.79M$144.62M$128.82M
Surprise %------------0.68%0.83%0.82%1.09%1.01%0.83%-1.13%1.13%0.90%1.02%1.07%0.96%1.15%1.63%0.88%1.01%1.07%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544343585457632223456101098765
EPS------------$2.70$2.35$2.33$1.40$1.76$1.47-$1.15$0.98$0.73$0.95$0.90$0.78$0.74$0.29$0.69$1.02$1.17
Avg Forecast$2.71$2.50$2.52$2.42$2.23$2.16$2.04$2.01$1.81$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$2.91$2.68$2.71$2.60$2.39$2.31$2.19$2.16$1.94$1.85$2.29$2.36$2.38$2.30$2.34$1.93$1.58$1.42$1.22$1.11$0.95$0.86$1.00$0.91$0.88$0.71$0.22$0.87$1.08$1.18
Low Forecast$2.55$2.35$2.37$2.28$2.09$2.03$1.92$1.89$1.70$1.77$2.01$2.07$2.11$1.97$2.05$1.69$1.38$1.24$1.22$0.97$0.83$0.75$0.88$0.80$0.77$0.62$0.19$0.76$0.95$1.03
Surprise %------------1.20%1.11%1.07%0.78%1.20%1.11%-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 $2.07 and a high estimate of $2.36. 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
AGCOAGCO$92.71$139.0049.93%Buy
CNHICNH Industrial NV$11.45$17.0048.47%Buy
HYHyster-Yale Materials Handling$60.88$90.0047.83%Buy
MTWManitowoc Company$10.04$12.7526.99%Buy
ALGAlamo Group$178.90$215.0020.18%Buy
WNCWabash National$19.68$23.2518.14%Hold
ASTEAstec Industries$32.00$36.0012.50%Hold
LNNLindsay$123.36$138.5012.27%Buy
OSKOshkosh$104.09$111.407.02%Buy
DEDeere & Company$397.88$424.706.74%Buy
TEXTerex$55.49$54.90-1.06%Hold
PCARPACCAR$97.99$85.32-12.93%Buy
CATCaterpillar$353.69$277.27-21.61%Buy

PCAR Forecast FAQ


Yes, according to 12 Wall Street analysts, PACCAR (PCAR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 50.00% of PCAR's total ratings.

PACCAR (PCAR) average price target is $85.32 with a range of $43.56 to $147, implying a -12.93% from its last price of $97.99. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PCAR stock, the company can go down by -12.93% (from the last price of $97.99 to the average price target of $85.32), up by 50.02% based on the highest stock price target, and down by -55.55% based on the lowest stock price target.

PCAR's average twelve months analyst stock price target of $85.32 does not support the claim that PACCAR can reach $150 in the near future.

PACCAR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $32.61B (high $34.43B, low $31.12B), average EBITDA is $5.06B (high $5.35B, low $4.83B), average net income is $4.44B (high $4.76B, low $4.17B), average SG&A $878.16M (high $927.12M, low $837.87M), and average EPS is $8.43 (high $9.04, low $7.93). PCAR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $39.15B (high $41.33B, low $37.35B), average EBITDA is $6.08B (high $6.42B, low $5.8B), average net income is $5.35B (high $5.73B, low $5.03B), average SG&A $1.05B (high $1.11B, low $1.01B), and average EPS is $10.15 (high $10.89, low $9.55).

Based on PACCAR's last annual report (Dec 2023), the company's revenue was $33.32B, beating the average analysts forecast of $32.74B by 1.75%. Apple's EBITDA was $5.41B, beating the average prediction of $4.98B by 8.65%. The company's net income was $4.6B, beating the average estimation of $4.04B by 13.99%. Apple's SG&A was $604.3M, missing the average forecast of $849.08M by -28.83%. 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 $8.48B by 1.32%. The company's EBITDA was $1.4B, beating the average prediction of $1.32B by 6.62%. PACCAR's net income was $1.42B, beating the average estimation of $1.18B by 19.82%. The company's SG&A was $156M, missing the average forecast of $228.35M by -31.68%. Lastly, the company's EPS was $2.7, beating the average prediction of $2.25 by 20.20%