
PACCAR (PCAR) Stock Forecast & Price Target
PACCAR (PCAR) Analyst Ratings
Bulls say
PACCAR has demonstrated a robust increase in market share, with Kenworth and Peterbilt capturing 30.7% of the North American Class 8 market in 2024, up from 29.5% in 2023, indicating positive growth momentum. The company's strong financial performance is highlighted by a gross profit of $1.167 billion and a gross margin of 15.9%, reflecting the value derived from new truck models and growth in its parts division. With expectations for South America’s >16-tonne truck registrations raised and projected parts sales growth of 2-4% for 2025, PACCAR is well-positioned to continue its upward trajectory in a favorable economic environment.
Bears say
PACCAR demonstrated a decline in its operating margin, recorded at 12.2%, which represents a drop of 410 basis points compared to the previous year. The company experienced a 3% shortfall in Q4’24 revenues and a 2% earnings per share (EPS) miss, exacerbated by unfavorable foreign exchange conditions that negatively impacted net income by $20 million. Additionally, new truck deliveries fell significantly, with North America decreasing by 21% and Europe by 17%, suggesting a potential downward trend in global heavy truck production anticipated for 2025.
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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