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PACCAR Inc has a consensus price target of $103.69 based on the ratings of 24 analysts. The high is $136 issued by UBS on March 15, 2024. The low is $75 issued by Morgan Stanley on July 18, 2022. The 3 most-recent analyst ratings were released by Truist Securities, Morgan Stanley, and JP Morgan on October 23, 2024, respectively. With an average price target of $118.33 between Truist Securities, Morgan Stanley, and JP Morgan, there's an implied 14.50% upside for PACCAR Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PACCAR (NASDAQ:PCAR) was reported by Truist Securities on October 23, 2024. The analyst firm set a price target for $107.00 expecting PCAR to rise to within 12 months (a possible 3.53% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for PACCAR (NASDAQ:PCAR) was provided by Truist Securities, and PACCAR maintained 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 October 23, 2024 so you should expect the next rating to be made available sometime around October 23, 2025.
While ratings are subjective and will change, the latest PACCAR (PCAR) rating was a maintained with a price target of $103.00 to $107.00. The current price PACCAR (PCAR) is trading at is $103.35, which is within the analyst’s predicted range.
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