Paccar Inc

PCAR is in a Stage 2 advancing regime within its long-term uptrend, confirmed by persistent higher highs and higher lows with rising EMAs. However, the short-term price is extended above its EMAs and in extreme overbought territory. Adhering to a Dividend Growth approach, we defer execution and await a shallow pullback into the 9/20EMA support zone before entry.

• ↑Q1 2026 revenue rose 15% YoY to $6.8 B; net income of $605 M highlights operational strength
• ↑Planned capex of $725–775 M and R&D spending of $450–500 M underpins innovation
• ↓Profitability factors are weak, indicating challenges converting revenue into profit