Bernstein lowers PACCAR stock target to USD 121 from USD 148

Published on 10/26/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PACCAR stock costs EUR 95.84 on October 26, 2026, 0.22 percent below the Xetra close. Results are due October 27, 2026.

Analyst target and reporting date

Bernstein set a USD 121.00 target after USD 148.00 on October 14, 2026.
PACCAR reported USD 7.55 billion in second-quarter 2026 revenue versus USD 7.51 billion a year earlier.
PACCAR stock trades at EUR 95.84 at 11:53 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.22 percent below the Xetra close of October 23, 2026.
PACCAR is scheduled to report third-quarter 2026 results on October 27, 2026.

PACCAR Inc., US6937181088, Illustration mit AI erstellt.

PACCAR Inc. (ISIN US6937181088) was trading at EUR 95.84 at Lang & Schwarz on October 26, 2026 at 11:53 a.m. CEST, 0.22 percent below the Xetra close of October 23, 2026 at EUR 96.05. The latest analyst action came from Bernstein, which lowered its PACCAR target from USD 148.00 to USD 121.00 on October 14, 2026, according to MarketScreener.

Results provide the operating baseline

PACCAR's second-quarter 2026 results showed revenue of USD 7.55 billion, compared with USD 7.51 billion in the second quarter of 2025. Net income rose to USD 752.0 million from USD 723.8 million, while diluted earnings per share increased to USD 1.43 from USD 1.37, according to the company's PACCAR release.

The figures point to a mixed operating picture. Revenue was nearly flat year over year, but net income increased by 3.9 percent. PACCAR Parts supplied a steadier contribution, with second-quarter revenue of USD 1.75 billion versus USD 1.72 billion in the prior-year quarter.

What does the target cut signal?

Bernstein's USD 27.00 reduction puts the analyst view below the previous target, while other recent estimates have remained divided. The target change matters because PACCAR enters its next results update with a share price well below the USD 121.00 target in the report, although the two prices are quoted in different currencies and are not directly compared here.

Three dated steps to results

On April 28, 2026, PACCAR reported first-quarter revenue of USD 6.78 billion in its official release. On July 28, 2026, the company reported second-quarter revenue of USD 7.55 billion and net income of USD 752.0 million in the same PACCAR financial archive. On October 14, 2026, Bernstein lowered its target from USD 148.00 to USD 121.00, as MarketScreener reported.

Next dates carry the immediate focus

PACCAR is scheduled to release third-quarter 2026 results on October 27, 2026, before the market opens, according to Yahoo Finance. The next stated dividend payment date is December 2, 2026, according to MarketBeat.

Stock price stays below the prior close

PACCAR stock was trading at EUR 95.84 at Lang & Schwarz on October 26, 2026 at 11:53 a.m. CEST, 0.22 percent below the Xetra close of October 23, 2026 at EUR 96.05. Its market capitalization was USD 50.4 billion, and the 52-week range was USD 80.67 to USD 123.96 as of October 26, 2026. The further course of trading is shown by the continuously updated real-time quote of PACCAR stock.