Paccar Announces Key Executive Promotions

The latest update is out from Paccar ( (PCAR) ).

Paccar announced key executive promotions effective January 1, 2026, with Kevin D. Baney being promoted to President after serving as Executive Vice President since January 2025. Baney, with 31 years at the company, will oversee DAF Trucks, PACCAR Financial Services, Investor Relations, and PACCAR Parts. John N. Rich will be promoted to Executive Vice President and Chief Technology Officer, having been with the company since 2021, and will lead global technology initiatives and Peterbilt Motors Company. Laura J. Bloch will continue her role as Senior Vice President with additional responsibilities over Dynacraft.

The most recent analyst rating on (PCAR) stock is a Hold with a $115.00 price target. To see the full list of analyst forecasts on Paccar stock, see the PCAR Stock Forecast page.

Spark’s Take on PCAR Stock

According to Spark, TipRanks’ AI Analyst, PCAR is a Outperform.

Paccar’s overall stock score reflects strong financial performance and a positive earnings call, indicating resilience amid market challenges. The technical analysis and valuation suggest a stable but cautious outlook, with potential for growth as tariff benefits materialize.

To see Spark’s full report on PCAR stock, click here.

More about Paccar

Paccar is a leading company in the automotive industry, primarily focusing on the design, manufacture, and customer support of high-quality light-, medium-, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. The company also provides financial services and distributes truck parts related to its principal business.

Average Trading Volume: 3,211,830

Technical Sentiment Signal: Strong Buy

Current Market Cap: $59.6B

See more data about PCAR stock on TipRanks’ Stock Analysis page.