Citigroup cuts PACCAR target to USD 115 for PACCAR stock

Published on 10/14/2026 at 13:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citigroup cut its target from USD 140.00 to USD 115.00 on October 12, 2026. PACCAR stock costs EUR 96.79 on October 14, 2026 before October 27 results.

Analyst revisions precede results

Citigroup lowered its PACCAR target from USD 140.00 to USD 115.00 on October 12, 2026.
PACCAR reported USD 7.55 billion in revenue for the second quarter of 2026.
PACCAR stock trades at EUR 96.79 at 12:56 p.m. CEST at Lang & Schwarz on October 14, 2026.

Makroaufnahme eines LKW-Reifenprofils neben einem detaillierten Dieselmotorblock — PACCAR Inc. US6937181088 gezeigt in extremer Makroaufnahme von Reifenprofil und Motorblock mit metallischen Details, Illustration mit AI erstellt.

PACCAR Inc. (ISIN US6937181088) was trading at EUR 96.79 at Lang & Schwarz on October 14, 2026 at 12:56 p.m. CEST. Citigroup had lowered its PACCAR target from USD 140.00 to USD 115.00 on October 12, 2026, according to MarketBeat.

Three target changes set the tone

The Citigroup move followed a broader reset in truck-sector estimates. MarketBeat reported that analysts had a Hold consensus, with 11 Hold ratings and six Buy ratings, while the average 12-month target stood at USD 131.50 on October 13, 2026.

JPMorgan had cut its target from USD 164.00 to USD 142.00 on October 8, 2026, while maintaining an Overweight rating, according to MarketBeat. Truist had also reduced its target from USD 139.00 to USD 125.00 on October 5, 2026, according to Markets Insider.

What do the results show?

PACCAR reported USD 7.55 billion in revenue for the second quarter of 2026, compared with USD 7.51 billion in the second quarter of 2025. The company recorded USD 752.0 million in net income and diluted earnings per share of USD 1.43 for the same period.

The latest report also showed record PACCAR Parts revenue of USD 1.75 billion in the second quarter of 2026 and cash generated from operations of USD 700.8 million. Those figures came from PACCAR's quarterly results release, which also said global truck deliveries reached 38,700 units in the quarter, according to PACCAR.

Results date is October 27

Simply Wall St lists October 27, 2026 as PACCAR's next quarterly results date. The same source identifies the second-quarter reporting period as ending June 30, 2026.

Price holds the investor lens

PACCAR stock was trading at EUR 96.79 at Lang & Schwarz on October 14, 2026 at 12:56 p.m. CEST. The primary listing is Nasdaq in USD, and the finance snapshot placed market capitalization at USD 56.8 billion and the 52-week range at USD 93.19 to USD 139.24 as of October 13, 2026.

The further course of trading is shown by the continuously updated real-time quote of PACCAR stock.