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Stock impact report

BNP Paribas Starts PACCAR (PCAR) at Neutral, Cites Improving European Orders [Yahoo! Finance]

PACCAR Inc. (PCAR) 
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
Company Research Source: Yahoo! Finance
On March 31, BNP Paribas initiated coverage of PACCAR Inc (NASDAQ:PCAR) with a Neutral rating. It also set a $126 price target on the stock. The firm said order momentum is building for European trucks. During the Q4 2025 earnings call, CEO Preston Feight pointed to strong financial results, stating that PACCAR generated $6.8 billion in revenue and $557 million in net income for the quarter. He added that full-year performance reached $28.4 billion in revenue and $2.64 billion in adjusted net income, describing it as the company's fourth most profitable year on record and extending its streak to 87 consecutive years of profitability. He also noted that both PACCAR Parts and PACCAR Financial Services delivered record results for both the quarter and the full year. Looking ahead, Feight indicated that the 2026 Class 8 truck market in the U.S. and Canada is expected to fall between 230,000 and 270,000 units. He said improving economic conditions, a clearer regulatory and tariff envi Show less Read more
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