PACCAR (PCAR) Stock Forecast, Price Target & Predictions
PCAR Stock Forecast
PACCAR stock forecast is as follows: an average price target of $94.67 (represents a -16.99% downside from PCAR’s last price of $114.05) 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 $94.67 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $147.00 to $43.56. This represents a potential -16.99% downside from PCAR's last price of $114.05.
PCAR Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 13, 2024 | David Raso | Evercore ISI | $129.00 | $92.86 | 38.92% | 13.11% |
| Oct 23, 2024 | Jerry Revich | Goldman Sachs | $121.00 | $104.79 | 15.47% | 6.09% |
| Oct 23, 2024 | Kyle Menges | Citigroup | $110.00 | $104.79 | 4.97% | -3.55% |
| Oct 09, 2024 | Jamie Cook | Truist Financial | $103.00 | $102.80 | 0.19% | -9.69% |
| Jul 24, 2024 | Nicole Deblase | Deutsche Bank | $109.00 | $95.30 | 14.38% | -4.43% |
| Apr 15, 2024 | Angel Castillo | Morgan Stanley | $147.00 | $117.71 | 24.88% | 28.89% |
| Mar 26, 2024 | Nick Housden | RBC Capital | $123.00 | $123.39 | -0.32% | 7.85% |
| Mar 15, 2024 | Steven Fisher | UBS | $136.00 | $118.33 | 14.93% | 19.25% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $117.00 | $115.97 | 0.89% | 2.59% |
| Jul 17, 2023 | Stephen Volkmann | Jefferies | $115.00 | $87.56 | 31.34% | 0.83% |
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 13.11% increase from PCAR last price ($114.05).
PACCAR Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 4 | 9 |
| Avg Price Target | $120.00 | $115.75 | $121.67 |
| Last Closing Price | $114.05 | $114.05 | $114.05 |
| Upside/Downside | 5.22% | 1.49% | 6.68% |
In the current month, the average price target of PACCAR stock is $120.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 5.22% increase as opposed to PACCAR's last price of $114.05. This month's average price target is up 3.67% compared to last quarter, and down -1.37% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 13, 2024 | Evercore ISI | - | Outperform | Upgrade |
| Oct 23, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Oct 09, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 04, 2024 | OTR Global | - | Negative | Downgrade |
| Jul 24, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jun 27, 2024 | Raymond James | Strong Buy | Market Perform | Initialise |
| Apr 15, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Mar 26, 2024 | RBC Capital | - | Sector Perform | Initialise |
| Mar 15, 2024 | UBS | - | Buy | Upgrade |
| Jan 19, 2024 | Bank of America Securities | - | Neutral | Upgrade |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $7.54B | $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 | $10.32B | $10.01B | $10.06B | $9.62B | $8.86B | $8.72B | $8.46B | $8.16B | $7.74B | $7.68B | $8.28B | $8.25B | $8.60B | $8.63B | $8.64B | $8.19B | $7.46B | $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 | $9.40B | $9.13B | $9.17B | $8.76B | $8.07B | $7.95B | $7.71B | $7.22B | $7.34B | $7.64B | $8.26B | $8.25B | $8.25B | $7.83B | $7.88B | $7.46B | $6.80B | $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 |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 | 9 | 9 | 8 | 8 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 | 9 | 9 | 8 | 8 |
| 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 | $1.52B | $1.48B | $1.48B | $1.42B | $1.30B | $1.28B | $1.25B | $1.20B | $1.16B | $1.18B | $1.27B | $1.22B | $1.30B | $1.25B | $1.27B | $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 | $1.59B | $1.54B | $1.55B | $1.48B | $1.36B | $1.34B | $1.30B | $1.26B | $1.19B | $1.18B | $1.27B | $1.46B | $1.32B | $1.33B | $1.33B | $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 | $1.45B | $1.40B | $1.41B | $1.35B | $1.24B | $1.22B | $1.19B | $1.11B | $1.13B | $1.18B | $1.27B | $974.88M | $1.27B | $1.20B | $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% | 1.30% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 | 9 | 9 | 8 | 8 |
| 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 | $888.64M | $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 | $1.49B | $1.38B | $1.39B | $1.31B | $1.14B | $1.11B | $1.03B | $1.02B | $904.60M | $957.98M | $1.13B | $770.01M | $1.25B | $1.21B | $1.22B | $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 | $1.32B | $1.22B | $1.23B | $1.16B | $1.01B | $982.81M | $914.92M | $827.39M | $867.35M | $955.37M | $1.13B | $513.34M | $1.11B | $1.04B | $1.08B | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 | 9 | 9 | 8 | 8 |
| 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 | $250.38M | $243.07M | $244.26M | $233.37M | $214.95M | $211.63M | $205.35M | $197.13M | $191.14M | $194.17M | $209.65M | $196.30M | $214.07M | $206.57M | $209.81M | $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 | $261.52M | $253.88M | $255.13M | $243.76M | $224.52M | $221.05M | $214.49M | $206.95M | $196.30M | $194.68M | $210.02M | $235.56M | $217.99M | $218.66M | $219.15M | $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 | $238.29M | $231.34M | $232.47M | $222.11M | $204.58M | $201.41M | $195.44M | $183.03M | $185.98M | $193.66M | $209.28M | $157.04M | $209.11M | $198.49M | $199.68M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.88% | 0.87% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 8 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 | 9 | 9 | 8 | 8 |
| 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 | $2.82 | $2.62 | $2.64 | $2.49 | $2.17 | $2.11 | $1.96 | $1.93 | $1.72 | $1.82 | $2.14 | $2.20 | $2.38 | $2.30 | $2.31 | $1.91 | $1.56 | $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 | $2.50 | $2.32 | $2.34 | $2.21 | $1.92 | $1.87 | $1.74 | $1.57 | $1.65 | $1.81 | $2.14 | $2.20 | $2.11 | $1.97 | $2.05 | $1.69 | $1.38 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HY | Hyster-Yale Materials Handling | $55.42 | $90.00 | 62.40% | Buy |
| CNHI | CNH Industrial NV | $11.45 | $17.00 | 48.47% | Buy |
| AGCO | AGCO | $97.45 | $137.50 | 41.10% | Hold |
| WNC | Wabash National | $18.91 | $23.25 | 22.95% | Hold |
| MTW | Manitowoc Company | $10.57 | $12.75 | 20.62% | Buy |
| ALG | Alamo Group | $196.36 | $215.00 | 9.49% | Buy |
| LNN | Lindsay | $130.72 | $138.50 | 5.95% | Buy |
| TEX | Terex | $52.89 | $54.40 | 2.85% | Hold |
| OSK | Oshkosh | $109.33 | $111.40 | 1.89% | Buy |
| ASTE | Astec Industries | $37.01 | $36.00 | -2.73% | Hold |
| DE | Deere & Company | $437.54 | $424.70 | -2.93% | Buy |
| PCAR | PACCAR | $114.05 | $94.67 | -16.99% | Buy |
| CAT | Caterpillar | $389.59 | $286.23 | -26.53% | Buy |