PACCAR stock trades at USD 109.68 before October earnings

Published on 10/03/2026 at 23:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PACCAR stock traded at USD 109.68 on October 2, 2026, while second-quarter EPS beat consensus by USD 0.07. October earnings carry the next test.

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PACCAR stock (ISIN US6937181088) traded at USD 109.68 on Nasdaq on October 2, 2026, down 0.24 percent from the prior close. The next scheduled earnings test is October 20, 2026, according to Zacks.

Second quarter beat expectations

PACCAR reported second-quarter 2026 adjusted earnings per share of USD 1.43, above the USD 1.36 consensus estimate, according to MarketBeat. The same report put quarterly revenue at USD 7.55 billion versus the USD 7.05 billion analyst estimate, while prior-year EPS was USD 1.37.

The comparison matters because the revenue beat was larger than the earnings-per-share beat, yet year-over-year revenue growth was only 0.5 percent. That combination points to an earnings picture supported by execution and mix rather than broad sales acceleration.

Analyst target stays above price

RBC upgraded PACCAR to Outperform from Sector Perform and raised its price target from USD 130 to USD 150 on September 10, 2026, as reported by MarketScreener. The new target lies 36.8 percent above the October 2 price, a gap that places the coming report at the center of the near-term valuation debate.

Nasdaq identifies PACCAR as a Nasdaq-100 constituent and reports Q2 2026 PACCAR Parts revenue of USD 1.75 billion. The parts business adds recurring aftermarket exposure to a truck cycle that remains tied to freight demand and fleet replacement.

Stock remains below yearly high

At USD 109.68 on October 2, 2026, PACCAR's market capitalization was USD 57.7 billion. The same Nasdaq session placed the stock between its 52-week low of USD 92.25 and high of USD 139.24, leaving the price 21.3 percent below the yearly high.

The October earnings release will test whether the Q2 beat can extend into the September quarter. Zacks lists consensus EPS of USD 1.61 for that report, compared with USD 1.43 in the latest reported quarter.