Paccar Inc

PCAR remains in a Stage 2 advance within its long-term uptrend, reinforced by persistent higher highs and a Bullish Pivot Point indicating structural repair. Medium-term bias is bullish, supported by rising EMAs and pattern implications, but short-term price is extended above EMAs and near extreme overbought levels. Using a dividend growth approach, patience is warranted; we defer execution for a shallow pullback into dynamic support around the 9/21EMA zone.

• ↑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