Paccar Inc's stock rose 3.13% as it reached a 52-week high, despite mixed market performance with the Nasdaq-100 up 0.29% and the S&P 500 down 0.02%.
The company reported Q4 2025 earnings of $1.06 per share, slightly beating analyst expectations of $1.05, with revenues of $6.8 billion. However, the stock fell 1.9% following the earnings report, indicating market disappointment due to a 14% year-over-year sales decline and a bleak market outlook, despite stable cash flow of $3.7 billion. Analysts are cautious, forecasting only 5% long-term earnings growth, which has led to a negative sentiment among investors.
This mixed performance highlights the challenges Paccar faces in a competitive market, despite achieving a record in parts revenue and maintaining a strong cash flow. The company's ability to navigate these challenges will be crucial for future growth.
Wall Street analysts forecast PCAR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PCAR is 109.25 USD with a low forecast of 90.00 USD and a high forecast of 133.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast PCAR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PCAR is 109.25 USD with a low forecast of 90.00 USD and a high forecast of 133.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
7 Hold
0 Sell
Moderate Buy
Current: 123.320
Low
90.00
Averages
109.25
High
133.00
Current: 123.320
Low
90.00
Averages
109.25
High
133.00
Citi
Kyle Menges
Neutral
maintain
$120 -> $125
2026-01-29
New
Reason
Citi
Kyle Menges
Price Target
$120 -> $125
AI Analysis
2026-01-29
New
maintain
Neutral
Reason
Citi analyst Kyle Menges raised the firm's price target on Paccar to $125 from $120 and keeps a Neutral rating on the shares.
Wells Fargo
Jerry Revich
Equal Weight
maintain
$106 -> $119
2026-01-23
Reason
Wells Fargo
Jerry Revich
Price Target
$106 -> $119
2026-01-23
maintain
Equal Weight
Reason
Wells Fargo analyst Jerry Revich raised the firm's price target on Paccar to $119 from $106 and keeps an Equal Weight rating on the shares. The firm reiterates its positive outlook for the Machinery, Industrials & Environmental Services space heading into earnings. Wells argues the Machinery supply-driven recovery is broadening to new equipment, non-residential lead indicators are accelerating, and cash conversion is improving.
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JPMorgan
Neutral -> Overweight
upgrade
$108 -> $133
2025-12-19
Reason
JPMorgan
Price Target
$108 -> $133
2025-12-19
upgrade
Neutral -> Overweight
Reason
JPMorgan upgraded Paccar to Overweight from Neutral with a price target of $133, up from $108. Following the latest Section 232 proclamation that went into effect on November 1, the majority of Paccar's tariff-related headwinds faced this year to be offset next year, the analyst tells investors in a research note. The firm believes this will bring margin recovery in 2026 while Paccar returns to positive pricing and volume growth. It sees a "multi-year share gain opportunity" post Section 232 for the company.
Citi
Kyle Menges
Neutral
maintain
$105 -> $115
2025-12-11
Reason
Citi
Kyle Menges
Price Target
$105 -> $115
2025-12-11
maintain
Neutral
Reason
Citi analyst Kyle Menges raised the firm's price target on Paccar to $115 from $105 and keeps a Neutral rating on the shares. The firm updated models in the machinery group as part of its 2026 outlook. Citi sees value in the space and has the most conviction in construction and mining growth entering next year. The agriculture and truck markets could remain challenged in the near-term, the analyst tells investors in a research note.
About PCAR
PACCAR Inc is a multinational company operating in three principal industry segments. The Truck segment includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks. Heavy-duty trucks have a gross vehicle weight (GVW) of over 33,000 lbs (Class 8) in North America and over 16 metric tons in Europe and South America. Medium-duty trucks have a GVW ranging from 19,500 to 33,000 lbs (Class 6 to 7) in North America, and in Europe, light- and medium-duty trucks range between 6 and 16 metric tons. Trucks are configured with the engine in front of cab (conventional) or cab-over-engine (COE). The Parts segment includes the distribution of aftermarket parts for trucks and related commercial vehicles. The Financial Services segment includes finance and leasing products and services provided to customers and dealers. Its finance and leasing activities are principally related to the Company’s products and associated equipment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
