WallStSmart
PCAR

PACCAR Inc

NASDAQ: PCAR · INDUSTRIALS · FARM & HEAVY CONSTRUCTION MACHINERY

$118.14
-1.23% today

Updated 2026-04-29

Market cap
$62.52B
P/E ratio
25.28
P/S ratio
2.25x
EPS (TTM)
$4.70
Dividend yield
1.12%
52W range
$86 – $132
Volume
3.0M

PACCAR Inc (PCAR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$118.14
Consensus
$116,440.00
+98461.03%
2030 Target
$1,147.70
+871.47%
DCF
$103.83
-24.70% MoS
23 analysts:
2 Buy8 Hold0 Sell

Management guidance

PACCAR management has not provided specific revenue guidance for 2026-2030 in the disclosed materials. CEO Preston Feight's recent analyst day (February 2026) focused on strategic initiatives in electrification and aftermarket services but did not announce quantitative revenue targets. The company targets 35% North American heavy-duty truck market share and expects truck demand recovery in 2026.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,904.95
$50.1B Rev × 20x P/S
Base case (2030)
$1,147.70
$50.1B Rev × 12x P/S
Bear case (2030)
$757.25
$50.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$35.1B$33.7B$28.4B$31.8B$35.2B$39.8B$44.9B$50.1B
Revenue growth-4.2%-15.5%3.7%10.7%13.1%12.8%11.6%
EPS$8.77$7.91$5.01$6.27$7.85$9.45$10.95$12.50
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$721.75$804.58$911.06$1,029.38$1,147.70

Catalysts & risks

Growth catalysts
+ Heavy-duty truck market recovery in 2026 after 2025 downcycle (-14.29% revenue decline)
+ Trump tariff policies on foreign heavy-duty trucks benefiting domestic PACCAR production
+ Electrification and alternative powertrain adoption (natural gas, hydrogen, electric) expanding margins
+ Aftermarket parts and financial services segment growth driving recurring high-margin revenue
+ Achievement of 35% North American market share target in commercial trucking
Key risks
- Cyclical truck demand sensitivity to freight volumes and macroeconomic slowdown
- Regulatory uncertainty around emission standards and fuel cell/EV mandates
- Rising input costs and supply chain disruptions impacting manufacturing margins
- Competition from Volvo, Daimler, and emerging EV truck manufacturers
- Potential tariff-driven cost increases offsetting protectionist benefits

Methodology

PACCAR Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 23 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.