PACCAR stock heads toward October 27 earnings after Q2 beat

Published on 10/04/2026 at 22:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PACCAR stock was USD 109.68 at the October 2, 2026 close after Q2 EPS beat consensus by USD 0.07. The October 27 report is next.

Makroaufnahme eines LKW-Reifenprofils neben einem detaillierten Dieselmotorblock — PACCAR Inc. US6937181088 gezeigt in extremer Makroaufnahme von Reifenprofil und Motorblock mit metallischen Details, Illustration mit AI erstellt.

PACCAR Inc. (ISIN US6937181088) stood at USD 109.68 on Nasdaq at the October 2, 2026 close, down 0.24 percent from the prior session. The truck maker heads toward its Q3 report after second-quarter EPS beat consensus by USD 0.07, according to MarketBeat in its September 9, 2026 report.

Q2 earnings beat expectations

PACCAR reported USD 1.43 in EPS for Q2 2026, compared with the USD 1.36 consensus estimate. Revenue reached USD 7.55 billion against the USD 7.05 billion expectation, while quarterly revenue increased 0.5 percent from the comparable period.

The result also exceeded the USD 1.37 EPS reported for the same quarter a year earlier. That comparison points to earnings resilience even as the commercial-truck cycle remains an important variable for the company.

Analysts see more upside

The analyst picture is constructive but not unanimous. MarketBeat lists a Hold consensus based on 14 analysts, including 3 Buy ratings and 11 Holds, with an average price target of USD 133.91.

That target stands 22.1 percent above the October 2 close. The published target range runs from USD 90.00 to USD 164.00, a wide spread that reflects different assumptions about truck demand, production and the timing of a replacement cycle.

RBC Capital upgraded PACCAR from Sector Perform to Outperform and raised its target from USD 130 to USD 150 on September 10, 2026, according to Investing.com. RBC linked its decision to a recovery outlook for North American truck demand.

October results set the next test

MarketBeat lists PACCAR's Q3 2026 earnings report for October 27, 2026, before the market opens, with an expected EPS figure of USD 1.61. The report will give investors a fresh read on production levels, margins and parts demand.

PACCAR's Parts business adds a recurring revenue element to the truck operation, while PACCAR Financial provides financing and leasing. The combination gives the company earnings exposure beyond new-vehicle deliveries, but the October report remains the next quantified checkpoint for the cycle.

PACCAR stock stays below its yearly high

PACCAR stock closed at USD 109.68 on Nasdaq on October 2, 2026. Its 52-week range was USD 92.25 to USD 139.24, putting the close 21.2 percent below the yearly high, while market capitalization stood at USD 57.7 billion.