Holding around $107.06, Paccar stock price reflects strong backlog figures, ensuring steady revenue streams over the next fiscal period. In Friday’s trading session, Wall Street’s major equity averages ended in the green. Electronic Arts (EA) surged over +14% and was the top percentage gainer on the S&P 500 and Nasdaq 100 after The Wall Street Journal reported that the company was in advanced talks to go private in a roughly $50 billion deal. Also, chip stocks rallied after The Wall Street Journal reported that the Trump administration was considering a policy requiring U.S. firms to manufacture domestically as many chips as they import, with GlobalFoundries (GFS) climbing more than +8% and Intel (INTC) rising over +4%. In addition, Paccar (PCAR) advanced more than +5% after President Trump announced a 25% tariff on imports of heavy trucks. On the bearish side, Costco Wholesale (COST) fell over -2% and was the top percentage loser on the S&P 500 and Nasdaq 100 after the bulk retailer reported weaker-than-expected FQ4 U.S. comparable sales growth. According to the most widely-followed narrative, PACCAR currently appears to be slightly undervalued based on analysts' projections of future earnings and market conditions. Consensus expectations suggest the business could benefit from several strategic and regulatory tailwinds, supporting a modest upside in share price over the coming years. Trading around $106.55, Paccar stock price has shown relative strength versus the Dow Jones Transportation Average. Technical charts hint at a possible breakout above the $108 resistance zone.