PACCAR Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for PACCAR stock have an average target of 111.27, with a low estimate of 92 and a high estimate of 136. The average target predicts an increase of 13.76% from the current stock price of 97.81.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$92	$111.27	$109	$136
Change	-5.94%	+13.76%	+11.44%	+39.05%

* Price targets were last updated on Aug 19, 2024.

Analyst Ratings

The average analyst rating for PACCAR stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	4	4	4	2	2	2
Buy	3	2	2	2	2	2
Hold	8	6	8	8	8	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	12	14	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Raso Evercore ISI Group	Evercore ISI Group	Hold Maintains $109 → $99	Hold	Maintains	$109 → $99	+1.22%	Aug 19, 2024
Kyle Menges Citigroup	Citigroup	Hold Maintains $106 → $100	Hold	Maintains	$106 → $100	+2.24%	Aug 12, 2024
Nicole Deblase Deutsche Bank	Deutsche Bank	Strong Buy Maintains $121 → $109	Strong Buy	Maintains	$121 → $109	+11.44%	Jul 24, 2024
Tami Zakaria JP Morgan	JP Morgan	Buy Maintains $135 → $115	Buy	Maintains	$135 → $115	+17.57%	Jul 24, 2024
Jamie Cook Truist Securities	Truist Securities	Hold Maintains $115 → $107	Hold	Maintains	$115 → $107	+9.40%	Jul 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

33.30B

from 35.13B

-5.20%

from 35.13B

Revenue Next Year

34.12B

from 33.30B

2.45%

from 33.30B

EPS This Year

8.22

from 8.76

-6.14%

from 8.76

EPS Next Year

8.39

from 8.22

2.09%

from 8.22

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	25.60B	18.73B	23.52B	28.82B	35.13B	33.30B	34.12B	38.12B
Revenue Growth	8.95%	-26.84%	25.60%	22.52%	21.89%	-5.20%	2.45%	11.73%
EPS	4.58	2.50	3.57	5.75	8.76	8.22	8.39	9.55
EPS Growth	10.10%	-45.41%	42.80%	61.06%	52.35%	-6.14%	2.09%	13.82%
Forward PE	-	-	-	-	-	11.90	11.65	10.24
No. Analysts	-	-	-	-	-	23	23	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	35.7B	38.0B	43.3B
Avg	33.3B	34.1B	38.1B
Low	30.3B	28.9B	33.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	1.6%	14.2%	26.9%
Avg	-5.2%	2.5%	11.7%
Low	-13.9%	-13.2%	-1.1%

EPS Forecast

EPS	2024	2025	2026
High	8.93	9.43	10.89
Avg	8.22	8.39	9.55
Low	7.67	7.40	7.59

EPS Growth

EPS Growth	2024	2025	2026
High	1.9%	14.7%	29.7%
Avg	-6.1%	2.1%	13.8%
Low	-12.4%	-10.0%	-9.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.