PACCAR stock gains after Q2 2026 earnings beat

PACCAR Inc. (US6937181088) stock is supported by a Q2 2026 earnings beat, with EPS of USD 1.43 and revenue of USD 7.55 billion after the latest session on September 4, 2026. The move follows a fresh MarketBeat report on the result beat and analyst tone.

Quarterly beat

According to that report, PACCAR earned USD 1.43 per share in Q2 2026 versus the USD 1.36 consensus estimate, a beat of USD 0.07 per share or about 5.1 percent. Revenue reached USD 7.55 billion, above the USD 7.05 billion estimate by about 7.1 percent.

The same source said quarterly revenue rose 0.5 percent from the prior year quarter and that the stock traded at USD 124.70 on September 4, 2026. That combination keeps the debate centered on valuation after a results day that was better than expected.

Analysts stay cautious

MarketBeat also said PACCAR has two Buy ratings and eleven Hold ratings, with a consensus rating of Hold and an average price target of USD 132.30. That leaves the average target USD 7.60 above the September 4 closing level.

Yahoo Finance showed PACCAR up 14.83 percent year to date as of September 4, 2026, while the stock was quoted at USD 124.70 at the close and USD 124.50 after hours. The 1-year range in the same MarketBeat data runs from USD 92.25 to USD 139.24, placing the latest quote in the upper half of the band.

Kenworth, Peterbilt, DAF

PACCAR's truck brands Kenworth, Peterbilt and DAF remain the core of the business, which also covers parts, used trucks and financing. In the latest report cited by MarketBeat, the company said net margin was 9.00 percent and return on equity was 12.73 percent.

Stock level and range

PACCAR stock closed at USD 124.70 on September 4, 2026, after opening at the same level in the latest reported NASDAQ session. Market cap stood at USD 65.64 billion in the same MarketBeat data set.