PACCAR stock: Bernstein maintains USD 121.00 target for PACCAR stock

Published on 10/16/2026 at 17:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PACCAR booked USD 7.55 billion revenue in the second quarter of 2026. PACCAR stock costs EUR 99.39 on October 16, 2026 at 5:35 p.m. CEST.

Targets results and market view

On October 14, 2026, Bernstein SocGen Group maintained its USD 121.00 target for PACCAR.
PACCAR reported USD 7.55 billion in revenue for the second quarter of 2026.
PACCAR stock costs EUR 99.39 at Lang & Schwarz on October 16, 2026 at 5:35 p.m. CEST.
PACCAR is scheduled to report third-quarter results on October 27, 2026.

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On October 14, 2026, Bernstein SocGen Group maintained a Buy rating and a USD 121.00 target for PACCAR Inc. stock (ISIN US6937181088), placing the target 8.33 percent above PACCAR's Nasdaq price of USD 111.70 at 11:37 a.m. ET, according to Investing.com. PACCAR's euro quote was EUR 99.39 at Lang & Schwarz on October 16, 2026 at 5:35 p.m. CEST.

Second-quarter revenue reached USD 7.55 billion

PACCAR reported USD 7.55 billion in revenue and USD 752.0 million in net income for the second quarter of 2026. Revenue was higher than the USD 7.05 billion analyst estimate, while diluted earnings per share came to USD 1.43 against a USD 1.36 consensus estimate, according to Business Wire.

Nasdaq valuation and price range

PACCAR is listed on the Nasdaq under ticker PCAR. The USD 93.19 to USD 139.24 52-week range puts the current Nasdaq quote inside a broad trading corridor, while the latest market capitalization was USD 58.8 billion and the trailing P/E ratio was 23.48 as of October 16, 2026.

Results date is October 27, 2026

PACCAR is scheduled to hold its third-quarter 2026 earnings conference call on October 27, 2026, according to the company's investor calendar. That date gives the analyst target a near-term event to test.

Comparison with peers

PACCAR Inc (Nasdaq, USD): P/E 23.48, market capitalization USD 58.8 billion.

Daimler Truck Holding AG (Xetra, EUR): plus 1.66 percent, P/E 12.47, market capitalization EUR 31.7 billion.

AB Volvo (Stockholm, SEK): plus 1.78 percent, P/E 18.43, market capitalization SEK 661.7 billion.

Euro quote after the Xetra close

The Lang & Schwarz quote places PACCAR at EUR 99.39 on October 16, 2026 at 5:35 p.m. CEST, after the Xetra session. The next scheduled company date is October 27, 2026. The further course of trading is shown by the continuously updated real-time quote of PACCAR stock.