PACCAR stock rises after RBC lifts its rating to Outperform
Published on 09/11/2026 at 12:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PACCAR Inc. (ISIN US6937181088) stock is drawing attention after Fintel reported on September 10, 2026, that RBC Capital upgraded the shares to Outperform from Sector Perform and lifted its target to USD 150 from USD 130. The move came after PACCAR stock closed at USD 123.84 on September 9, 2026, up 1.61 percent from the prior session.
Q2 figures still matter
For the latest reported quarter, MarketBeat said PACCAR posted revenue of USD 7.55 billion in Q2 2026, EPS of USD 1.43 and net margin of 9.00 percent. The same report said that EPS beat consensus by USD 0.07 and revenue topped the USD 7.05 billion estimate.
That comparison is the key point for investors: Q2 2026 revenue was USD 7.55 billion versus USD 7.05 billion expected, while EPS of USD 1.43 compared with USD 1.36 consensus. Yahoo Finance also showed a market capitalization of USD 64.153 billion, a 52-week range of USD 92.25 to USD 139.24 and volume of 2,169,694 shares for the stock.
Stock near the top half
At USD 123.84 on September 9, 2026, PACCAR stock sat above the 52-week low of USD 92.25 and below the 52-week high of USD 139.24. That leaves the shares in the upper half of the range, but still 11.1 percent under the peak.
PACCAR stock at a glance
- Company: PACCAR Inc.
- ISIN: US6937181088
- Ticker: PCAR
- Trading venue: Nasdaq
- Price (as of September 9, 2026): USD 123.84
- Market capitalization: USD 64.153 billion
- Sector / Industry: Industrials / Machinery
- Index membership: Nasdaq 100
- Next earnings date: October 27, 2026
What the chart says
The stock ended September 9, 2026 with a 1.61 percent gain and remains below the September 2026 target level of USD 150 cited by RBC Capital. For PACCAR, the gap between the latest close and the new target is now the most visible chart and valuation marker.
