Are Wall Street Analysts Predicting PACCAR Stock Will Climb or Sink?
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Bellevue, Washington-based PACCAR Inc. (PCAR) designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks for the over-the-road and off-highway hauling of commercial and consumer goods. With a market cap of $51.6 billion, PACCAR operates through Truck, Parts, and Financial Services segments.
The company has notably lagged behind the broader market over the past year. PCAR stock has gained 5.5% over the past 52 weeks and dropped 6.4% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 21.1% gains over the past year and 7.9% returns on a YTD basis.
Narrowing the focus, PACCAR has also underperformed the Industrial Select Sector SPDR Fund’s (XLI) 23.7% surge over the past 52 weeks and 14.6% gains in 2025.
PACCAR’s stock prices surged 6.1% and maintained a positive momentum for the next three trading sessions following the release of its Q2 results on Jul. 22. Although its financials remained under pressure during the quarter, they came ahead of Street expectations. PACCAR reported a 15.7% year-over-year decrease in net sales to approximately $7 billion, 2.5% ahead of Street expectations. Meanwhile, its net income plunged by 35.5% to $723.8 million, but its EPS of $1.37 surpassed the consensus estimates by 7%.
For the full fiscal 2025, ending in December, analysts expect PCAR to deliver an EPS of $5.30, down 32.9% year-over-year. Further, the company has a mixed earnings surprise history. While it surpassed the Street’s bottom-line estimates twice over the past four quarters, it missed the projections on two other occasions.
The stock has a consensus “Moderate Buy” rating overall. Of the 18 analysts covering the stock, opinions include six “Strong Buys,” 11 “Holds,” and one “Strong Sell.”
This configuration is notably more optimistic than a month ago, when only four analysts gave “Strong Buy” recommendations and two analysts advocated “Strong Sell” ratings.
On Jul. 23, Truist Securities analyst Jamie Cook maintained a “Hold” rating on PCAR and lowered the price target from $102 to $98.
PCAR’s mean price target of $104 represents a modest 6.8% premium. Meanwhile, the Street-high target of $121 suggests a notable 24.3% upside potential from current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.