Full-Time
Designs, manufactures, and services premium trucks
No salary listed
Columbus, MS, USA
In Person
Relocation assistance available.
Bachelor's, Master's, MBA
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PACCAR designs, manufactures, and supports trucks and diesel engines for fleets. Its vehicles can be bought or leased, with PacLease providing financing and PACCAR offering parts and maintenance to keep trucks on the road. It combines brands, in-house engine work, financing, and aftermarket services to offer a single solution across North America, Europe, and Australia. The goal is reliable, efficient transportation and durable vehicles while leading in manufacturing, technology, and customer service.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Bellevue, Washington
Founded
1905
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Company Match
401(k) Retirement Plan
Paid Vacation
Paid Sick Leave
Paid Holidays
Tuition Reimbursement
EAP services including wellness plans, estate planning, financial counseling and more
Einride & DAF integrate autonomous technology into trucks. Aug 13, 2026 at 9:56 AM The Swedish technology company Einride AB and the Dutch commercial vehicle manufacturer DAF Trucks have announced a partnership to advance the integration of the autonomous vehicle system Einride Driver into DAF's vehicle platform. This collaboration represents a significant step towards the large-scale commercialization of autonomous electric commercial vehicles at SAE Level 4. The initiative addresses industry challenges such as the shortage of drivers and rising operating costs. SAE Level 4 describes a high degree of driving automation, where the vehicle can independently perform recurring driving tasks under defined conditions without human intervention. This allows drivers to focus on logistical activities where their expertise and judgment provide the greatest benefit. Integration of technology and vehicle platform. In the first step, Einride and DAF, in collaboration with experts from the Dutch research institute TNO, will define and test the integration of the autonomous vehicle system into the DAF platform. This includes establishing the necessary interfaces to enable safe and scalable autonomous operations. With support from TNO, Einride and DAF are working closely with regulatory authorities to ensure that the platform is suitable for future use on public roads. Initial tests and validations of the key interfaces are planned for 2026, followed by the integration and commissioning of Einride's autonomous driving software in 2027. All subsequent validations and functionality tests will be conducted on a DAF vehicle. Strategy for automated driving. This initiative builds on PACCAR's experience in automated driving, which has already been gathered through the autonomous vehicle platform program in North America. In parallel, PACCAR is developing solutions for autonomous driving in collaboration with emerging technology providers. These developments reflect the rapid evolution of scalable, software-defined autonomy solutions for heavy-duty transport. Insights from these programs provide additional opportunities to accelerate the development of autonomous capabilities within the DAF platform. Henrik Green, Chief Technology Officer of Einride, commented on the partnership: "By leveraging DAF's decades of manufacturing expertise and market strength, we can accelerate the global scaling of Einride's autonomous technology." Jeroen van den Oetelaar, Chief Engineer at DAF Trucks, emphasized: "This collaboration is a testament to DAF's commitment to innovation and the future-proofing of the logistics sector."
PACCAR shares have climbed to $132.53, posting a 37.69% total return over the past year. Recent strong demand in heavy equipment, highlighted by Caterpillar's record $72 billion backlog, raises questions about the truck maker's valuation. The most followed valuation narrative suggests PACCAR is 5% overvalued, with fair value at $126.12. The company is investing in clean diesel, alternative powertrains, and connected vehicle services to capture growth as fleets transition to efficient and zero-emission vehicles. PACCAR trades at a price-to-earnings ratio of 27.9x, slightly above the US machinery industry average of 27.6x but below a calculated fair ratio of 33.6x. Analysts note the valuation could shift if truck orders weaken or regulatory costs rise unexpectedly.
PACCAR chief executive R. Preston Feight sold 50,975 shares worth approximately $6.8 million on 31 July 2026, according to an SEC filing. The transaction was an exercise-and-sell move, with Feight exercising options at $71.95 per share and selling at a weighted average price of $133.07. Following the sale, Feight retains roughly 268,625 directly held shares and 17,698 shares held indirectly through the PACCAR Savings Investment Plan. He also holds approximately 104,244 direct derivative securities, including restricted stock units in a deferred phantom stock account. PACCAR shares were priced at $132.06 as of 3 August 2026, reflecting a one-year return of 34% as of the transaction date. The commercial truck manufacturer reported trailing-twelve-month revenue of $27.3 billion and net income of $2.5 billion.
Paccar recall targets power failure risk in new trucks. Thousands of Kenworth and Peterbilt trucks are part of a Paccar recall for a defect that can cause critical components to lose power.
PACCAR (NASDAQ:PCAR) price target raised to $157.00 at Wells Fargo & Company. July 30, 2026 Key points. * Wells Fargo raised PACCAR's price target from $125 to $157 while maintaining an "equal weight" rating, implying 18.47% potential upside. * Analyst sentiment remains cautious: PACCAR has an average "Hold" rating and a consensus price target of $130.20, despite JPMorgan's recent upgrade to a $164 target. * PACCAR exceeded quarterly expectations, reporting $1.43 in EPS versus $1.36 expected and revenue of $7.55 billion versus $7.05 billion estimated. * MarketBeat previews the top five stocks to own by August 1st. PACCAR (NASDAQ:PCAR - Get Free Report) had its target price boosted by investment analysts at Wells Fargo & Company from $125.00 to $157.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an "equal weight" rating on the stock. Wells Fargo & Company's price target points to a potential upside of 18.47% from the stock's current price. Other research analysts have also recently issued reports about the stock. Weiss Ratings cut shares of PACCAR from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, May 21st. JPMorgan Chase & Co. boosted their target price on shares of PACCAR from $155.00 to $164.00 and gave the company an "overweight" rating in a research report on Wednesday. Evercore set a $139.00 target price on PACCAR in a report on Monday, May 11th. Truist Financial boosted their target price on shares of PACCAR from $126.00 to $131.00 and gave the company a "hold" rating in a research note on Thursday, July 2nd. Finally, Morgan Stanley set a $119.00 target price on PACCAR in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $130.20. PACCAR stock performance. Shares of NASDAQ:PCAR traded down $1.34 during trading on Thursday, reaching $132.53. The stock had a trading volume of 636,584 shares, compared to its average volume of 3,151,533. The firm has a market capitalization of $69.75 billion, a price-to-earnings ratio of 27.93, a P/E/G ratio of 1.27 and a beta of 0.97. The stock has a fifty day simple moving average of $120.46 and a two-hundred day simple moving average of $120.68. The company has a quick ratio of 2.91, a current ratio of 1.82 and a debt-to-equity ratio of 0.52. PACCAR has a 52 week low of $92.25 and a 52 week high of $139.24. PACCAR (NASDAQ:PCAR - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.07. PACCAR had a net margin of 9.00% and a return on equity of 12.73%. The firm had revenue of $7.55 billion for the quarter, compared to analyst estimates of $7.05 billion. During the same quarter in the previous year, the firm posted $1.37 EPS. The business's revenue for the quarter was up .5% on a year-over-year basis. As a group, analysts anticipate that PACCAR will post 5.66 earnings per share for the current fiscal year. Institutional trading of PACCAR. Several hedge funds have recently made changes to their positions in PCAR. Nomura Asset Management Co. Ltd. grew its holdings in PACCAR by 2.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 413,489 shares of the company's stock worth $45,281,000 after acquiring an additional 9,524 shares in the last quarter. Merit Financial Group LLC boosted its position in PACCAR by 165.8% in the 4th quarter. Merit Financial Group LLC now owns 24,319 shares of the company's stock valued at $2,663,000 after buying an additional 15,169 shares during the period. Vanguard Group Inc. increased its stake in PACCAR by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 63,475,226 shares of the company's stock valued at $6,951,172,000 after purchasing an additional 363,782 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of PACCAR by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 12,308,610 shares of the company's stock worth $1,350,867,000 after purchasing an additional 50,622 shares during the period. Finally, Swiss Life Asset Management Ltd lifted its stake in shares of PACCAR by 118.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 638,688 shares of the company's stock valued at $69,943,000 after purchasing an additional 345,937 shares during the period. 64.90% of the stock is currently owned by hedge funds and other institutional investors. PACCAR company profile. PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company's products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR's core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements. In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider PACCAR, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PACCAR wasn't on the list. While PACCAR currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. 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