PACCAR Inc (PCAR)
NASDAQ: PCAR · IEX Real-Time Price · USD
112.62
-1.12 (-0.98%)
At close: Apr 25, 2024, 4:00 PM
112.38
-0.24 (-0.21%)
After-hours: Apr 25, 2024, 6:35 PM EDT
PACCAR Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for PACCAR stock have an average target of 112.25, with a low estimate of 81.5 and a high estimate of 140. The average target predicts a decrease of -0.33% from the current stock price of 112.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PACCAR stock from 15 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 7 | 7 | 7 | 8 | 8 | 8 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $106 → $121 | Hold | Maintains | $106 → $121 | +7.44% | Apr 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $135 → $140 | Buy | Maintains | $135 → $140 | +24.31% | Apr 15, 2024 |
| RBC Capital | RBC Capital | Hold Initiates $123 | Hold | Initiates | $123 | +9.22% | Mar 26, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $104 → $136 | Hold → Strong Buy | Upgrades | $104 → $136 | +20.76% | Mar 15, 2024 |
| Truist Securities | Truist Securities | Hold Initiates $117 | Hold | Initiates | $117 | +3.89% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
32.60B
from 35.13B
Decreased by -7.20%
Revenue Next Year
34.49B
from 32.60B
Increased by 5.79%
EPS This Year
8.26
from 8.76
Decreased by -5.74%
EPS Next Year
8.72
from 8.26
Increased by 5.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 35.8B | 38.4B | 44.2B | 36.4B |
| Avg | 32.6B | 34.5B | 37.3B | 34.3B |
| Low | 29.4B | 29.5B | 30.4B | 31.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.1% | 17.9% | 28.3% | -2.4% |
| Avg | -7.2% | 5.8% | 8.2% | -8.0% |
| Low | -16.2% | -9.6% | -11.9% | -14.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.04 | 10.06 | 12.76 | 6.52 |
| Avg | 8.26 | 8.72 | 9.52 | 6.33 |
| Low | 7.19 | 7.37 | 6.83 | 6.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.2% | 21.8% | 46.3% | -31.5% |
| Avg | -5.7% | 5.6% | 9.2% | -33.5% |
| Low | -17.9% | -10.7% | -21.7% | -36.1% |
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.