PACCAR IncNasdaq: PCAR
Industrials · Construction Machinery & Heavy Transportation Equipment
$116.10
-2.27%
Vol: 1.9M
Research Digest
Friday, May 1, 2026
PACCAR Q1 revenue miss but EPS in line; stock falls 6.1% despite strong operating margin and dividend increase.
PACCAR shares fell 6.1% after Q1 2026 earnings, posting revenues of $6.78B slightly below $6.82B consensus, representing 8.9% YoY decline. Operational strength shown with GAAP EPS $1.15 in line and operating margin expanding to 16.3% from 10.3% YoY. Board approved $0.35 dividend increase, achieved 31.8% market share in North America. JPMorgan lowered PT to $140 from $150.
Previous Market Intelligence
13 daysApr 30PACCAR Q1 2026 revenue missed estimates at $6.78B (-8.9% YoY); shares fell 6.1% but operating margin expanded to 16.3% from 10.3%; dividend approved.Mixed▶
PACCAR reported Q1 2026 revenue of $6.78 billion, missing consensus estimate of $6.82 billion with 8.9% year-over-year decline. GAAP EPS of $1.15 was in line with expectations and represented improvement from $0.96 prior year. Operating margin expanded significantly to 16.3% from 10.3% year-over-year, demonstrating improved efficiency. Company delivered 33,001 trucks in Q1 and estimates Q2 delivery of 37,000-38,000 vehicles. PACCAR achieved 31.8% North America market share. DAF's XF and XD electric vehicles won International Truck of the Year 2026 honor. Board approved $0.35 dividend. Stock consensus rating is Hold with 12-month PT of $118.11.
Apr 16Citigroup raises PACCAR price target to $130; analyst coverage initiation at NeutralNeutral▶
Citigroup raised PACCAR price target from $125 to $130 on Monday with Neutral rating. BNP Paribas initiated coverage March 31 with Neutral rating and $126 target citing improving European orders. PACCAR reported 2025 consolidated revenues $28.44B and net income $2.38B ($4.51 diluted EPS). FY26 EPS expected $5.53 (+10.4% from $5.01 FY25); FY27 EPS expected $6.91 (+25% YoY). Stock showed 7.66% 7-day return and 10.44% 30-day return. 2026 Class 8 truck market forecast 230,000–270,000 units. December 2025 extra dividend $1.40 per share. Consensus Hold with $116.44 2026 prediction.
Apr 15Citigroup raises PACCAR price target to $130 while maintaining neutral rating; stock up 10.44% over past 30 days on pre-buy demand.Mixed▶
Citigroup raised PACCAR price target to $130 from $125 on April 13. Stock shows strong momentum: 7.66% gain over 7 days, 10.44% over 30 days. Demand expected to rise as customers pre-buy trucks ahead of 2027 emissions standards. PACCAR projects Q1 deliveries of ~33,000 units with 12.5%-13% gross margins. Current stock price around $125.48.
Apr 14PACCAR gains 7.66% in one week on JP Morgan upgrade; 2027 emissions standards cycle to drive demand.Positive▶
PACCAR rallied 7.66% over past week and 10.44% over past month. JP Morgan upgraded from Neutral to Overweight on April 10. Demand expected to rise ahead of 2027 NOx and greenhouse gas emissions standards. Q1 earnings April 28 with EPS of $1.13 (22.60% decline) and $6.34B revenue forecast. Annual meeting April 28.
Apr 13PACCAR holds annual stockholder meeting April 28; earnings report due same day; management projects 12.5%-13% Q1 gross margins.Neutral▶
PACCAR's annual stockholder meeting and earnings report both scheduled for April 28. Management projects Q1 deliveries of ~33,000 units with gross margins of 12.5%-13%, and expects full-year parts sales growth of 4%-8%. 2025 revenue was $28.4 billion with adjusted net income of $2.6 billion. Hold consensus rating with $116.44 price target.
Apr 10JP Morgan upgrades PACCAR to Overweight while company hosts annual shareholder meeting April 28 with strong guidance.Mixed▶
JP Morgan upgraded PACCAR from Neutral to Overweight on April 2, signaling confidence in earnings recovery potential. The company will hold its annual shareholder meeting on April 28. PACCAR reinforced guidance with first-quarter deliveries of ~33,000 units and gross margins of 12.5-13%. Stock trading near $125.42.
Apr 9BofA Securities upgrades Paccar to Buy with bullish 2026 outlookPositive▶
Paccar reported very good annual 2025 revenues of $28.44 billion with adjusted net income of $2.64 billion ($5.01 per diluted share), the fourth best in company history. BofA Securities analyst Michael Feniger upgraded the stock to Buy from Neutral, raising the price target to $121.50 from $116. The company declared an extra cash dividend of $1.40 per share. Analyst consensus is Hold at $116.44 price target, though recent upgrade signals improving sentiment.
Apr 8BofA Upgrades PACCAR to Buy; Q2 Earnings BeatPositive▶
PACCAR reported Q2 earnings that beat analyst expectations, though quarterly sales narrowly missed estimates. BofA Securities upgraded PACCAR to Buy from Neutral with a price target of $121.50. Analysts maintain a Hold consensus with an average price target of $116.44.
Apr 7PACCAR holds analyst consensus with Q4 2025 sales down 20.9% YoY but full-year profitability recordNeutral▶
PACCAR reported Q4 2025 sales down 20.9% YoY to $6.25B yet achieved record full-year profitability. 2025 consolidated revenues $28.44B with net income $2.38B ($4.51 diluted EPS). Awarded $0.33 quarterly dividend payable March 4. Supplier Performance Management awards given March 23. Analysts consensus Hold with $116.44 price target at current levels.
Apr 6Paccar reports strong 2025 results with record dividends; Q1 2026 earnings beat amid tariff headwinds.Positive▶
PACCAR achieved strong 2025 annual results with revenues of $28.44B and adjusted net income of $2.64B ($5.01 per diluted share), the fourth best in the company's 120-year history. The company declared an extra cash dividend of $1.40 per share payable January 7, 2026. PACCAR Parts and PACCAR Financial Services delivered record revenue and strong profits. DAF XD and XF Electric trucks each earned International Truck of the Year 2026. Evercore ISI rated PCAR as Buy in February 2026. Q2 2025 earnings missed sales estimates but beat EPS expectations. Analyst consensus is Hold with average 12-month price target of $116.44 (-1.35% downside) amid tariff concerns.
Apr 3PACCAR reports 2025 annual net income of $2.64B ($5.01 per share), fourth best in company history, with strong Parts and Financial Services.Positive▶
PACCAR achieved adjusted net income of $2.64 billion in 2025 with annual revenues of $28.44 billion. The company declared an extra cash dividend of $1.40 per share in December 2025. PACCAR Parts and Financial Services delivered record results. Stock has gained 2.24% in the last trading day despite a 9.50% monthly decline.
Apr 2PACCAR reports $28.44B 2025 revenue; declares extra $1.40 dividendPositive▶
PACCAR reports strong 2025 earnings with $28.44B revenue and declares extra $1.40 dividend amid supplier awards.
Apr 1PACCAR announces April 28 shareholder meeting; strong 2025 results with $28.44B revenue and DAF electric trucks win awards.Positive▶
PACCAR is holding its annual stockholders meeting on April 28. The company achieved strong 2025 results with $28.44B revenue and $2.38B net income, projecting Q1 2026 deliveries of about 33,000 units. DAF XD and XF Electric trucks earned International Truck of the Year 2026 awards.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| CATCATERPILLAR | $890.93 | +0.09% | +23.4% | 31.8x | 1.52 | $414.2B |
| CMICUMMINS | $658.12 | -1.92% | +21.6% | 21.3x | 1.14 | $92.8B |
| PCARPACCAR | $116.10 | -2.27% | +0.4% | 17.6x | 1.06 | $62.5B |
| WABWABTEC | $265.35 | -1.68% | +6.2% | 22.3x | 0.99 | $45.8B |
| GEGENERAL | $287.56 | -0.82% | +0.4% | 33.4x | 1.43 | $302.9B |
| GEVGE | $1,064.74 | -1.73% | +20.7% | 44.2x | 1.20 | $291.1B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price between 50d and 200d. Testing 50d support.