
PACCAR (PCAR) Stock Forecast & Price Target
PACCAR (PCAR) Analyst Ratings
Bulls say
PACCAR is poised for growth, with a projected 4-6% increase in business for the third quarter, driven by investments in capacity, service enhancements, and a robust parts sales market. For fiscal year 2026, the company anticipates Class 8 industry retail sales in the U.S. and Canada to reach 230,000 to 270,000 units, reflecting a year-over-year increase of approximately 5% at the midpoint. Furthermore, PACCAR's parts sales have shown resilience, with a year-over-year increase of 4.0% to $1.725 billion, suggesting strong demand despite a generally flat parts market and promising future opportunities linked to regulatory clarity and market momentum.
Bears say
Paccar's operating margins have shown a concerning downward trend, decreasing by 490 basis points to 8.3% compared to the previous year, highlighting a significant deterioration in profitability. Additionally, new truck deliveries experienced an 18.8% drop in the second quarter of 2025, totaling 39,300 units, with expectations for a further decline to 32,000-33,000 units in the third quarter due to seasonal shutdowns and aligned manufacturing rates. The regional breakdown reveals substantial weaknesses, particularly in North America, where new truck deliveries plummeted by 34%, indicating potential headwinds in demand and overall market conditions.
This aggregate rating is based on analysts' research of PACCAR and is not a guaranteed prediction by Public.com or investment advice.
PACCAR (PCAR) Analyst Forecast & Price Prediction
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