Citigroup cuts target for PACCAR stock to USD 115.00 from USD 140.00

Published on 10/13/2026 at 16:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PACCAR is scheduled to report third-quarter results on October 27, 2026. PACCAR stock costs EUR 95.53 on October 13, 2026 at 4:36 p.m. CEST.

Analyst target and reporting date

Citigroup lowered its PACCAR target to USD 115.00 from USD 140.00 on October 12, 2026.
PACCAR is scheduled to report third-quarter results on October 27, 2026.
PACCAR stock costs EUR 95.53 at Lang & Schwarz on October 13, 2026 at 4:36 p.m. CEST.
PACCAR has a P/E ratio of 22.45 and a market capitalization of USD 56.2 billion as of October 13, 2026.

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Citigroup lowered its PACCAR target from USD 140.00 to USD 115.00 in a research note dated October 12, 2026, while keeping a neutral rating, according to MarketBeat. PACCAR stock was at EUR 95.53 at Lang & Schwarz on October 13, 2026 at 4:36 p.m. CEST.

Target cuts meet an earnings date

The Citigroup move leaves a clear valuation marker for the truck maker. The new USD 115.00 target is USD 25.00 below the previous USD 140.00 target, while the neutral rating keeps the note cautious rather than directional.

PACCAR's next scheduled event is its third-quarter results release on October 27, 2026. Simply Wall St states that the company plans to report at 9:30 a.m. Eastern Time, giving investors a defined near-term date for the next operating update.

Quarterly numbers set the baseline

In the second quarter of 2026, PACCAR generated USD 7.55 billion in revenue and USD 752.0 million in net income. Diluted earnings per share were USD 1.43, compared with USD 1.36 expected, while revenue exceeded the USD 7.05 billion consensus estimate, MarketBeat reported on October 13, 2026.

The comparison matters because the second-quarter earnings per share figure exceeded consensus by USD 0.07, while revenue was USD 0.50 billion above expectations. That mix gives the October results release a measurable benchmark rather than a simple calendar event.

Price sits within the yearly range

PACCAR's primary listing is Nasdaq under the ticker PCAR. The stock's USD 92.25 to USD 139.24 52-week range and USD 56.9 billion market capitalization were reported by MarketBeat on October 13, 2026.

The same market data placed PACCAR's price-to-earnings ratio at 22.72 and its annualized dividend at USD 1.40 per share, equivalent to a 1.3 percent yield. The finance quote for PCAR gave a market capitalization of USD 56.2 billion and a P/E ratio of 22.45 on October 13, 2026.

Trading levels and company profile

PACCAR operates in industrial machinery and designs, produces and distributes commercial trucks through the Kenworth, Peterbilt and DAF brands. Its Parts and Financial Services businesses add aftermarket distribution, leasing and customer financing to the truck operation.

At Lang & Schwarz, PACCAR stock stood at EUR 95.53 on October 13, 2026 at 4:36 p.m. CEST. The bid was EUR 95.38 and the ask was EUR 95.68.

The further course of trading is shown by the continuously updated real-time quote of PACCAR stock.