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Why PACCAR stock is gaining today

By Wealth Awesome -

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Stocks & ETFs:PCAR.US

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PACCAR Inc is seeing a positive uptick in its stock price amid broader market volatility.

PACCAR Inc (NASDAQ:PCAR) is rising today, gaining 1.45% to close at CA$112.28. This increase comes as the company partners with Tesla in a significant electric truck deal.

Investor takeaway: Investors are encouraged by PACCAR's involvement in a major electric truck purchase, which may boost future sales and market presence.

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PACCAR Inc

PCAR.US

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PCAR.US

PACCAR Inc

Source:WealthAwesomeWealthAwesome
↓ $6.36 (-5.43%)
69 day period
$110.67$124.26$137.84Jun 17Aug 6Sep 24

Market cap

$58.25B

P/E

23.6x

Div. yield

1.20%

Div. / share

$1.34

52W high

$138.87

52W low

$90.03

1W change

-5.70%

Beta

0.97

Analyst Price Targets

Based on 19 analysts covering PCAR · as of Sep 17, 2026

📈

Wall Street analysts forecast PCAR stock price to rise 30.8% over the next 12 months.

Consensus

Buy

3.58 / 5.00

Avg. Target

C$144.80

+30.8% Upside

Current Price

C$110.67

Last close

Analyst Breakdown (19 analysts)

Strong Buy 5
Buy 1
Hold 13
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on PCAR's historical volatility

HistoricalForecast68%95%
C$77.05C$90.04C$103.02C$116.01C$128.99C$141.98TodayJun 17Aug 6Sep 24Nov 6Dec 20Feb 1

30-Day Vol

17.8%

Annualized

90-Day Vol

26.0%

Annualized

Trend (90d)

-33.3%

Annualized drift

90d Mean

C$98.26

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$106.37C$100.03 – C$113.10
60 trading daysC$102.23C$93.73 – C$111.51
90 trading daysC$98.26C$88.35 – C$109.29

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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PACCAR's market cap reaches CA$58.25 billion.

With a P/E ratio of 23.6, PACCAR remains competitive in the automotive sector, indicating healthy earnings relative to its stock price.

Bull case

PACCAR's participation in the ZET SCALE freight coalition alongside Tesla shows strong demand for electric trucks. This could increase revenue and market share in the growing EV sector.

Bear case

Despite today's positive movement, PACCAR's recent performance has been inconsistent, with an 11.86% decline over the past month. This raises concerns about its ability to maintain growth.

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PACCAR's Strategic Positioning

PACCAR's recent gain is linked to its involvement in a large-scale order for electric trucks led by Tesla. This deal, which includes 2,500 trucks, highlights the rising demand for electric vehicles in the freight industry. As the market shifts towards sustainability, PACCAR's role in this coalition could enhance its reputation and sales in the EV segment.

Market Response and Future Outlook

Even with today's gains, PACCAR's stock has faced challenges over the past month, dropping significantly. Investors are closely watching the upcoming earnings report, which is expected to show a 43.75% increase in EPS compared to last year. This could provide further insight into the company's ability to leverage its recent partnerships for sustained growth.

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Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 25, 2026
Last Updated: September 25, 2026

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