PACCAR (NASDAQ:PCAR) Stock Price Expected to Rise, Truist Financial Analyst Says

PACCAR (NASDAQ:PCAR) had its target price hoisted by equities research analysts at Truist Financial from $108.00 to $120.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s target price would indicate a potential downside of 2.69% from the company’s current price.

A number of other brokerages have also recently commented on PCAR. UBS Group set a $103.00 price target on shares of PACCAR and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Jefferies Financial Group reissued a “hold” rating and issued a $90.00 price objective on shares of PACCAR in a research note on Tuesday, October 21st. Morgan Stanley upped their target price on PACCAR from $93.00 to $102.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 13th. Wall Street Zen downgraded PACCAR from a “hold” rating to a “sell” rating in a report on Saturday, January 17th. Finally, Raymond James Financial reissued a “market perform” rating on shares of PACCAR in a research note on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $115.92.

PACCAR Stock Performance

NASDAQ:PCAR opened at $123.32 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.91 and a current ratio of 1.70. PACCAR has a fifty-two week low of $84.65 and a fifty-two week high of $125.36. The company has a 50 day simple moving average of $113.46 and a two-hundred day simple moving average of $103.50. The company has a market capitalization of $64.77 billion, a PE ratio of 27.34, a P/E/G ratio of 14.41 and a beta of 1.01.

PACCAR (NASDAQ:PCAR) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.06. PACCAR had a net margin of 8.35% and a return on equity of 13.97%. The firm had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $6.06 billion. During the same quarter in the previous year, the company earned $1.66 EPS. The company’s revenue for the quarter was down 15.1% on a year-over-year basis. Research analysts anticipate that PACCAR will post 7.57 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Hazlett Burt & Watson Inc. raised its holdings in shares of PACCAR by 53.8% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 286 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares during the last quarter. Private Wealth Management Group LLC increased its holdings in PACCAR by 293.1% during the 3rd quarter. Private Wealth Management Group LLC now owns 283 shares of the company’s stock worth $28,000 after purchasing an additional 211 shares in the last quarter. Wealth Watch Advisors INC purchased a new stake in shares of PACCAR in the third quarter worth approximately $32,000. Camelot Portfolios LLC bought a new position in shares of PACCAR in the fourth quarter valued at approximately $33,000. Finally, AlphaQuest LLC purchased a new position in shares of PACCAR during the third quarter valued at approximately $38,000. 64.90% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about PACCAR

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: PACCAR says it expects 4%–8% annual parts sales growth and cited tariff clarity that should boost margins and market share — a driver for higher-margin recurring revenue. Paccar forecasts parts sales growth
• Positive Sentiment: Industry report cites a “very strong” Class 8 truck order pace entering 2026 — supports better future truck volumes and dealer order backlog. Paccar strong Class 8 orders
• Positive Sentiment: Several analyst/market pieces highlight PCAR as a momentum and top-ranked value stock, which can attract investor interest and buying. Zacks momentum article Zacks value article
• Neutral Sentiment: Q4 EPS came in exactly at expectations ($1.06), limiting downside from an earnings miss but leaving guidance/volume questions. Zacks Q4 earnings match
• Neutral Sentiment: Analysts show mixed views: Citigroup raised its price target to $125 with a neutral rating (small upside) while coverage pieces note conflicting sentiments across industrials — keeps trading range uncertain. Citigroup price target raise Analyst conflicting sentiments
• Negative Sentiment: Revenue declined year-over-year (truck sales weakness) and Q4 revenues missed expectations — a near-term headwind for growth multiple expansion. Revenue miss coverage
• Negative Sentiment: Truist raised its target to $120 but kept a hold rating; that target is below current levels, which could check upside if more analysts follow suit. Truist price target note
• Negative Sentiment: Market commentary noted recent underperformance versus peers, highlighting risk of relative weakness if industrial demand softens. MarketWatch underperformance

PACCAR Company Profile

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.