Truist cuts target for PACCAR stock from USD 139.00 to USD 125.00
Published on 10/09/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Truist lowered PACCAR's price target from USD 139.00 to USD 125.00 on October 5, 2026, while keeping Hold.
- Second-quarter 2026 revenue was USD 7.55 billion and net income was USD 752.0 million.
- PACCAR stock was trading at EUR 97.90 at Lang & Schwarz on October 9, 2026, plus 0.01 percent versus the prior close.
- PACCAR is scheduled to report third-quarter 2026 results on October 27, 2026.
PACCAR Inc. (ISIN US6937181088) was trading at EUR 97.90 at Lang & Schwarz on October 9, 2026 at 3:31 p.m. CEST, up 0.01 percent versus the prior close of EUR 97.89. On October 5, 2026, Truist analyst Jamie Cook cut the PACCAR target from USD 139.00 to USD 125.00 while keeping a Hold rating, as Markets Insider reported.
Three dates and three signals
On September 18, 2026, PACCAR declared a regular quarterly dividend of USD 0.35 per share, payable on December 2, 2026, according to Simply Wall St. On October 5, Truist reduced its target by USD 14.00, from USD 139.00 to USD 125.00, while retaining Hold, as Markets Insider reported. On October 27, 2026, PACCAR is scheduled to report third-quarter results, according to Simply Wall St.
What does the next report put at stake?
PACCAR's second-quarter 2026 revenue was USD 7.55 billion, while net income reached USD 752.0 million, according to Simply Wall St. Diluted earnings per share came to USD 1.43, up from USD 1.38 in the second quarter of 2025, a 3.62 percent year-over-year increase, while net income rose 3.90 percent from USD 723.8 million.
The earnings comparison gives the October report a clear test: whether earnings growth can continue while the truck cycle faces higher interest rates, diesel costs and other input pressures cited in the October 5 Truist note. PACCAR's parts and financial-services operations provide a second performance marker beyond new-truck deliveries, because the company designs, manufactures and distributes commercial trucks and related products across several regions.
Dates investors can measure
The next reporting date is October 27, 2026, with the release scheduled for 9:30 a.m. Eastern Time, according to Simply Wall St. The next dividend payment date is December 2, 2026, following the USD 0.35 per-share declaration dated September 18, 2026.
Stock quote and valuation context
PACCAR stock was trading at EUR 97.90 at Lang & Schwarz on October 9, 2026 at 3:31 p.m. CEST, plus 0.01 percent versus the EUR 97.89 prior close dated October 8, 2026. On Nasdaq, the stock was quoted at USD 109.21 on October 9, 2026 at 1:33 p.m. UTC, with a 52-week range of USD 92.25 to USD 139.24 and market capitalization of USD 57.5 billion.
The further course of trading is shown by the continuously updated real-time quote of PACCAR stock.
PACCAR stock facts
- Company: PACCAR Inc.
- ISIN: US6937181088
- Ticker: PCAR
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 9, 2026, 3:31 p.m. CEST): EUR 97.90
- Change versus prior close: plus 0.01 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 97.89
- Market capitalization: USD 57.5 billion (as of October 9, 2026)
- 52-week range: USD 92.25-139.24 (as of October 9, 2026)
- Sector / Industry: Capital goods / commercial trucks
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
