Free Trial

PACCAR (PCAR) Stock Forecast & Price Target

PACCAR logo
$105.32 -2.19 (-2.04%)
(As of 12/20/2024 05:40 PM ET)

PACCAR - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
9
Buy
5

Based on 14 Wall Street analysts who have issued ratings for PACCAR in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 9 have given a hold rating, and 5 have given a buy rating for PCAR.

Consensus Price Target

$118.50
12.51% Upside
According to the 14 analysts' twelve-month price targets for PACCAR, the average price target is $118.50. The highest price target for PCAR is $136.00, while the lowest price target for PCAR is $97.00. The average price target represents a forecasted upside of 12.51% from the current price of $105.32.
Get the Latest News and Ratings for PCAR and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for PACCAR and its competitors.

Sign Up

PCAR Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$118.50$117.64$112.73$86.52
Forecasted Upside12.51% Upside2.52% Upside14.11% Upside-11.23% Downside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

PCAR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

PCAR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

PACCAR Stock vs. The Competition

TypePACCARAuto/Tires/Trucks CompaniesS&P 500
Consensus Rating Score
2.36
2.50
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside12.51% Upside574.72% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent PCAR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024Truist Financial
2 of 5 stars
 Boost TargetHold ➝ Hold$107.00 ➝ $110.00+1.72%
12/9/2024Citigroup
3 of 5 stars
K. Menges
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetNeutral ➝ Neutral$120.00 ➝ $125.00+7.87%
12/6/2024Jefferies Financial Group
2 of 5 stars
 DowngradeBuy ➝ Hold$120.00 ➝ $120.00+2.02%
11/13/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Raso
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeIn-Line ➝ Outperform$99.00 ➝ $129.00+10.45%
11/4/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSector Perform ➝ Sector Perform$119.00 ➝ $119.00+14.89%
10/23/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$125.00 ➝ $122.00+16.42%
10/23/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$135.00 ➝ $126.00+20.24%
10/16/2024BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Borrega
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
7/24/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$121.00 ➝ $109.00+12.49%
6/28/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageMarket Perform
4/16/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$106.00 ➝ $121.00+2.59%
3/15/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$104.00 ➝ $136.00+18.05%
1/24/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform$91.00 ➝ $108.00+6.92%
1/19/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Neutral$84.00 ➝ $97.00+1.70%
7/26/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$84.00 ➝ $90.00+6.14%
5/2/2023Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
4/27/2023888
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains
4/27/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$60.00 ➝ $81.50+11.49%
4/12/2023OTR Global
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradePositive
1/10/2023Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradePeer Perform ➝ Underperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:11 AM ET.


Should I Buy PACCAR Stock? PCAR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 15, 2024. Please send any questions or comments about these PACCAR pros and cons to contact@marketbeat.com.

PACCAR
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in PACCAR Inc:

  • PACCAR Inc recently reported earnings per share of $1.85, exceeding analyst expectations, which indicates strong financial performance and potential for future growth.
  • The stock price is currently at $115.85, reflecting a 0.4% increase, suggesting positive market sentiment and potential for further appreciation.
  • The company has a solid market capitalization of $60.74 billion, indicating a strong position in the industry and the ability to invest in growth opportunities.
  • PACCAR's dividend payout ratio is 13.41%, which is relatively low, allowing for reinvestment in the business while still providing returns to shareholders through dividends.
  • Recent upgrades from analysts, including a target price increase from Evercore ISI to $129.00, suggest confidence in the company's future performance.

PACCAR
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in PACCAR Inc for these reasons:

  • Barclays PLC recently reduced its holdings in PACCAR by 30.3%, which may indicate a lack of confidence from institutional investors.
  • The stock has a P/E ratio of 13.04, which, while not excessively high, may suggest that the stock is fairly valued and could limit upside potential.
  • Analysts have mixed ratings, with nine rating the stock as a hold, indicating uncertainty about its future performance.
  • The company operates in a competitive market, which could impact its ability to maintain margins and market share.
  • Recent fluctuations in stock price and trading volume may indicate volatility, which could pose risks for investors looking for stable returns.

PCAR Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for PACCAR is $118.50, with a high forecast of $136.00 and a low forecast of $97.00.

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PCAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PCAR, but not buy additional shares or sell existing shares.

According to analysts, PACCAR's stock has a predicted upside of 12.51% based on their 12-month stock forecasts.

Over the previous 90 days, PACCAR's stock had 2 upgrades and 1 downgrade by analysts.

PACCAR has been rated by research analysts at BNP Paribas, Citigroup, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, and Truist Financial in the past 90 days.

Analysts like PACCAR less than other "auto/tires/trucks" companies. The consensus rating score for PACCAR is 2.36 while the average consensus rating score for "auto/tires/trucks" companies is 2.50. Learn more on how PCAR compares to other companies.


This page (NASDAQ:PCAR) was last updated on 12/22/2024 by MarketBeat.com Staff
From Our Partners