Brokerages lift PACCAR PT on tariff edge, upbeat 2026 truck outlook

PACCAR

22/10/2025 15:34

** Brokerages lift PT on truck maker PACCAR PCAR.O due to the competitive advantage created by Section 232 tariffs on imported medium-and heavy-duty trucks

** Truist sees Section 232 tariffs as a structural tailwind for PACCAR, giving a cost edge and potential for market share gains due to its U.S.-based production

** J.P. Morgan says co's 2026 truck sales outlook signals potential outperformance versus industry peers

** Co, however, reported Q3 profit below Wall Street estimates on Tuesday

** Shares of the company up nearly 1.5% in morning trade

** Average of 21 brokerages rate the stock "hold"; their median PT is $106 - data compiled by LSEG

** Including session's move, PCAR down 2.9% YTD

Brokerages
New PT
Old PT
Upside from stock's last close
Truist
$108
$97
8.2%
J.P.Morgan
$108
$103
8.2%
UBS
$103
$100
3.2%

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))