FY2026 Earnings Forecast for PACCAR Issued By Zacks Research

PACCAR Inc. (NASDAQ:PCAR) – Analysts at Zacks Research decreased their FY2026 EPS estimates for PACCAR in a research note issued on Tuesday, February 10th. Zacks Research analyst Team now expects that the company will post earnings of $5.42 per share for the year, down from their previous estimate of $5.46. Zacks Research has a “Hold” rating on the stock. The consensus estimate for PACCAR’s current full-year earnings is $7.57 per share. Zacks Research also issued estimates for PACCAR’s Q1 2027 earnings at $1.41 EPS and FY2028 earnings at $7.89 EPS.

PACCAR (NASDAQ:PCAR) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.06. The firm had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $6.06 billion. PACCAR had a net margin of 8.35% and a return on equity of 13.97%. The company’s revenue for the quarter was down 15.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.66 EPS.

Several other research analysts also recently commented on the company. Morgan Stanley set a $109.00 price objective on PACCAR and gave the stock an “equal weight” rating in a research note on Tuesday, February 3rd. Weiss Ratings lowered shares of PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Jefferies Financial Group restated a “hold” rating and set a $90.00 target price on shares of PACCAR in a research note on Tuesday, October 21st. Wolfe Research upgraded shares of PACCAR from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 22nd. Finally, Citigroup increased their price objective on shares of PACCAR from $120.00 to $125.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, PACCAR has a consensus rating of “Hold” and a consensus target price of $116.50.

PACCAR Price Performance

NASDAQ PCAR opened at $124.84 on Thursday. The company has a market capitalization of $65.57 billion, a PE ratio of 27.68, a price-to-earnings-growth ratio of 1.09 and a beta of 1.03. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.42 and a current ratio of 1.70. The business’s fifty day moving average is $117.76 and its 200 day moving average is $105.57. PACCAR has a fifty-two week low of $84.65 and a fifty-two week high of $131.88.

PACCAR Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, February 11th. PACCAR’s payout ratio is currently 29.27%.

Insider Buying and Selling

In related news, VP Paulo Henrique Bolgar sold 12,183 shares of the firm’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $122.43, for a total value of $1,491,564.69. Following the completion of the transaction, the vice president directly owned 6,274 shares of the company’s stock, valued at approximately $768,125.82. This trade represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP C Michael Dozier sold 79,076 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $127.92, for a total transaction of $10,115,401.92. Following the completion of the sale, the executive vice president owned 34,656 shares in the company, valued at $4,433,195.52. This represents a 69.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 133,105 shares of company stock worth $16,869,046 in the last 90 days. 2.02% of the stock is owned by company insiders.

Institutional Trading of PACCAR

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Deseret Mutual Benefit Administrators increased its position in PACCAR by 9.9% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 887 shares of the company’s stock valued at $97,000 after acquiring an additional 80 shares during the last quarter. Gulf International Bank UK Ltd boosted its stake in shares of PACCAR by 0.3% during the 4th quarter. Gulf International Bank UK Ltd now owns 26,202 shares of the company’s stock worth $2,869,000 after purchasing an additional 81 shares during the period. CYBER HORNET ETFs LLC boosted its stake in shares of PACCAR by 6.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 1,486 shares of the company’s stock worth $163,000 after purchasing an additional 87 shares during the period. Jackson Square Capital LLC grew its holdings in PACCAR by 3.5% during the 4th quarter. Jackson Square Capital LLC now owns 2,650 shares of the company’s stock valued at $290,000 after purchasing an additional 90 shares during the last quarter. Finally, Lakeside Advisors INC. grew its holdings in PACCAR by 0.3% during the 4th quarter. Lakeside Advisors INC. now owns 34,053 shares of the company’s stock valued at $3,729,000 after purchasing an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 64.90% of the company’s stock.

Trending Headlines about PACCAR

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Bank of America initiated/maintained a buy on PCAR, a bullish endorsement that can support investor appetite and offset some negative headlines. Paccar (PCAR) Receives a Buy from Bank of America Securities
• Positive Sentiment: Zacks Research raised several mid-to-late 2026 and 2027 quarterly EPS forecasts (examples: Q3/Q4 2026 and Q2–Q4 2027), signaling better-than-expected strength in those periods and offering some upside to forward earnings visibility.
• Neutral Sentiment: PACCAR posted an analyst/investor day slideshow that provides updated strategy and metrics for investors; useful for modeling but not an immediate catalyst by itself. PACCAR Inc (PCAR) Analyst/Investor Day – Slideshow
• Neutral Sentiment: Zacks keeps a “Hold” rating on PCAR and the consensus full‑year EPS remains near $7.57 — mixed analyst posture means no clear uniform buy/sell view across the Street.
• Negative Sentiment: CFO Brice J. Poplawski sold 2,200 shares at about $130.41, reducing his holdings by ~70.9%. Insider selling can be perceived negatively by the market even if for personal reasons. SEC filing: SEC Filing
• Negative Sentiment: Zacks cut several near-term estimates — notably Q1 2027 EPS to $1.41 (from $1.55) and trimmed FY2026 to $5.42 — and lowered some early‑2026 quarter forecasts. Those downgrades point to nearer‑term earnings pressure and likely explain downward stock pressure today.

PACCAR Company Profile

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.