PACCAR Inc (PCAR) earnings on July 28, 2026
Prior outlook: Optimistic Outcome: Accurate
The stock opened higher and moved between gains, reaching a +4.35% peak before closing up 3.57%. Despite analyst concerns, the stock maintained its recent upward movement.
PCAR price around the earnings
138.21
Change: +3.6%
2026-07-28, 20:00 UTC
End of the measured window
130.68
133.52
136.37
139.21
133.44
July 28, 2026
- Price: green if it ends above the starting price; red if it ends below
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
- Results released
Strong trend strength into earnings, but analysts point to a pessimistic scenario; past earnings are mixed.
Context analyzed before publication
- Trend
- Strong trend strength into earnings, then moderated sharply into the earnings event.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.42
- Analysts covering the stock
- 16
- Average price target
- 128.44
- Lowest price target
- 110.47
- Highest price target
- 155
- Upside to price target
- -3.8%
- Quarterly earnings growth
- 19.8%
- Revenue growth
- -8.9%
- Forward EPS
- 6.86
- Trailing EPS
- 4.74
- Analyst moves in the last 60 days
- 3
- Strong buy: 1
- Buy: 5
- Hold: 13
- Sell: 0
- Strong sell: 0
- Strong buy
- 1
- Buy
- 5
- Hold
- 13
- Sell
- 0
- Strong sell
- 0
- July 17, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- July 13, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- July 2, 2026 · Truist Securities: Maintains rating (Hold → Hold)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (3)
- Morgan Stanley Maintains Equal-Weight on PACCAR, Raises Price Target to $113 (opens in a new tab) — Benzinga
- JP Morgan Maintains Overweight on PACCAR, Raises Price Target to $155 (opens in a new tab) — Benzinga
- Truist Securities Maintains Hold on PACCAR, Raises Price Target to $131 (opens in a new tab) — Benzinga
Technicals
Evidence
- Average true range (ATR)
- 2.3%
- Distance to 52-week high
- +0.0%
- 14-day change (14d)
- +7.4%
- 30-day change (31d)
- +10.6%
- 30-day relative strength
- +13.9%
- QQQ change (31d)
- -3.3%
- Nearest support
- 131.83
- Nearest resistance
- 133.71
- Volume accumulation ratio (14d / 46d)
- 1.06
Trends
Evidence
- Average earnings surprise
- +1.7%
- April 28, 2026: actual EPS 1.15 vs estimate 1.16 (surprise -0.9%)
- January 27, 2026: actual EPS 1.06 vs estimate 1.06 (surprise -0.3%)
- October 21, 2025: actual EPS 1.12 vs estimate 1.08 (surprise +3.9%)
- July 22, 2025: actual EPS 1.37 vs estimate 1.31 (surprise +4.3%)
Expected move
- Implied move
- +2.1%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 2.9%
- 75th percentile move
- 4.8%
- 90th percentile move
- 6.8%
- Up / down moves
- 8 / 12
- Average up move
- +3.9%
- Average down move
- -3.5%
Monitoring and close
What PACCAR Inc reported
- Status
- Finished
| Actual EPS | 1.43 |
|---|---|
| EPS estimate | 1.35 |
| EPS surprise | +5.9% |
| Revenue | $6,997 million |
| Revenue estimate | $7,264 million |
| Revenue surprise | -3.7% |
PACCAR beat Q2 earnings estimates but missed on revenue. The stock reacted optimistically to the results.
Sources (11)
- PACCAR Inc (PCAR) Q2 2026 Earnings Call Highlights: Record Revenues and Strategic Investments ... (opens in a new tab) — GuruFocus.com
- PACCAR Q2 Earnings Call Highlights (opens in a new tab) — MarketBeat
- PACCAR Q2 Earnings Surpass Expectations on Truck Profit (opens in a new tab) — Zacks
- PACCAR (PCAR) Earnings Beat Q2 Estimates Despite Revenue Miss (opens in a new tab) — Benzinga
- PACCAR Inc (PCAR) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- Paccar (PCAR) Reports Q2 Earnings: What Key Metrics Have to Say (opens in a new tab) — Zacks
- Paccar (PCAR) Tops Q2 Earnings Estimates (opens in a new tab) — Zacks
- PACCAR’s (NASDAQ:PCAR) Q2 CY2026 Earnings Results: Revenue In Line With Expectations (opens in a new tab) — StockStory
- PACCAR reported EPS of $1.43, beating the $1.35 estimate, but revenue of $6.997B missed the $7.264B estimate. — Benzinga
- PACCAR Q2 EPS $1.43 Beats $1.35 Estimate, Sales $6.997B Miss $7.264B Estimate (opens in a new tab) — Benzinga
- PACCAR Increases Quarterly Revenues and Profits (opens in a new tab) — Yahoo
Pre-market second reading after the results
- Verdict
- Mixed results
Heading into the open, the figures don't clearly confirm the prior scenario.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +3.6%
- Max favorable move (MFE)
- 4.4%
- Max adverse move (MAE)
- 1.5%