Wells Fargo Reaffirms Their Hold Rating on Paccar (PCAR)
Wells Fargo analyst Jerry Revich maintained a Hold rating on Paccar yesterday and set a price target of $119.00.
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According to TipRanks, Revich is a 5-star analyst with an average return of 8.7% and a 56.73% success rate. Revich covers the Industrials sector, focusing on stocks such as Caterpillar, Cummins, and Herc Holdings.
In addition to Wells Fargo, Paccar also received a Hold from Citi’s Kyle Menges in a report issued yesterday. However, on April 10, J.P. Morgan maintained a Buy rating on Paccar (NASDAQ: PCAR).
Based on Paccar’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.82 billion and a net profit of $556.9 million. In comparison, last year the company earned a revenue of $7.91 billion and had a net profit of $872 million
Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PCAR in relation to earlier this year. Most recently, in February 2026, Brice J Poplawski, the SVP & CFO of PCAR sold 2,200.00 shares for a total of $286,902.00.
