PACCAR Stock (NASDAQ:PCAR), Analyst Ratings, Price Targets, Predictions

The latest price target for PACCAR (NASDAQ: PCAR) was reported by Truist Securities on May 2, 2024. The analyst firm set a price target for $121.00 expecting PCAR to rise to within 12 months (a possible 13.50% upside). 23 analyst firms have reported ratings in the last year.

The latest analyst rating for PACCAR (NASDAQ: PCAR) was provided by Truist Securities, and PACCAR reiterated their hold rating.

The last upgrade for PACCAR Inc happened on March 15, 2024 when UBS raised their price target to $136. UBS previously had a neutral for PACCAR Inc.

The last downgrade for PACCAR Inc happened on May 2, 2023 when Argus Research changed their price target from N/A to N/A for PACCAR Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PACCAR, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PACCAR was filed on May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 2025.

While ratings are subjective and will change, the latest PACCAR (PCAR) rating was a reiterated with a price target of $117.00 to $121.00. The current price PACCAR (PCAR) is trading at is $106.61, which is out of the analyst’s predicted range.