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PACCAR Inc has a consensus price target of $106.53 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, Citigroup, and Jefferies on December 19, 2024, December 9, 2024, and December 6, 2024, respectively. With an average price target of $118.33 between Truist Securities, Citigroup, and Jefferies, there's an implied 12.36% 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 December 19, 2024. The analyst firm set a price target for $110.00 expecting PCAR to rise to within 12 months (a possible 4.44% upside). 34 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 November 13, 2024 when Evercore ISI Group raised their price target to $129. Evercore ISI Group previously had an in-line for PACCAR Inc.
The last downgrade for PACCAR Inc happened on December 6, 2024 when Jefferies changed their price target from $120 to $120 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 December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest PACCAR (PCAR) rating was a maintained with a price target of $107.00 to $110.00. The current price PACCAR (PCAR) is trading at is $105.32, which is out of the analyst’s predicted range.
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