FY2026 Earnings Forecast for PACCAR Issued By Zacks Research

PACCAR Inc. (NASDAQ:PCAR) – Investment analysts at Zacks Research reduced their FY2026 earnings per share (EPS) estimates for PACCAR in a note issued to investors on Tuesday, February 10th. Zacks Research analyst Team now forecasts that the company will earn $5.42 per share for the year, down from their previous forecast of $5.46. Zacks Research currently 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 announced its earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.06. The company had revenue of $4.61 billion for the quarter, compared to analysts’ expectations of $6.06 billion. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.PACCAR’s quarterly revenue was down 15.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.66 earnings per share.

Other analysts also recently issued research reports about the stock. Sanford C. Bernstein set a $138.00 target price on shares of PACCAR and gave the company an “outperform” rating in a report on Wednesday, January 28th. Wolfe Research upgraded shares of PACCAR from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, October 22nd. Jefferies Financial Group restated a “hold” rating and issued a $90.00 target price on shares of PACCAR in a research note on Tuesday, October 21st. Wells Fargo & Company set a $119.00 target price on PACCAR and gave the company an “equal weight” rating in a report on Friday, January 23rd. Finally, Truist Financial lifted their price target on PACCAR from $108.00 to $120.00 and gave the stock a “hold” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, PACCAR has an average rating of “Hold” and a consensus target price of $116.50.

PACCAR Price Performance

Shares of NASDAQ:PCAR opened at $127.00 on Thursday. The company has a current ratio of 1.70, a quick ratio of 1.42 and a debt-to-equity ratio of 0.56. The stock has a market cap of $66.70 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 1.05 and a beta of 1.03. The stock’s fifty day simple moving average is $118.09 and its two-hundred day simple moving average is $105.75. PACCAR has a 1-year low of $84.65 and a 1-year high of $131.88.

Institutional Investors Weigh In On PACCAR

Institutional investors and hedge funds have recently made changes to their positions in the business. Norges Bank purchased a new stake in shares of PACCAR during the 4th quarter valued at $727,745,000. UBS Group AG grew its position in PACCAR by 74.4% in the fourth quarter. UBS Group AG now owns 4,548,861 shares of the company’s stock worth $498,146,000 after acquiring an additional 1,940,260 shares in the last quarter. Pacer Advisors Inc. increased its stake in PACCAR by 2,389.2% in the third quarter. Pacer Advisors Inc. now owns 2,010,837 shares of the company’s stock valued at $197,705,000 after acquiring an additional 1,930,056 shares during the last quarter. American Century Companies Inc. lifted its stake in PACCAR by 235.9% during the third quarter. American Century Companies Inc. now owns 2,540,688 shares of the company’s stock worth $249,801,000 after purchasing an additional 1,784,236 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of PACCAR by 25.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,798,439 shares of the company’s stock valued at $551,211,000 after purchasing an additional 1,165,443 shares during the last quarter. Hedge funds and other institutional investors own 64.90% of the company’s stock.

Insiders Place Their Bets

In other PACCAR news, VP Paulo Henrique Bolgar sold 12,183 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $122.43, for a total transaction of $1,491,564.69. Following the sale, the vice president directly owned 6,274 shares of the company’s stock, valued at $768,125.82. This represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brice J. Poplawski sold 2,200 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $130.41, for a total transaction of $286,902.00. Following the sale, the chief financial officer owned 903 shares in the company, valued at $117,760.23. The trade was a 70.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 133,105 shares of company stock worth $16,869,046 in the last ninety days. 2.02% of the stock is owned by corporate insiders.

PACCAR Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 11th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $1.32 annualized dividend and a yield of 1.0%. PACCAR’s dividend payout ratio (DPR) is 29.27%.

More PACCAR News

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Bank of America’s bullish stance (buy) on PCAR provides institutional validation that may support the rally and investor appetite. Paccar (PCAR) Receives a Buy from Bank of America Securities
• Positive Sentiment: Zacks has raised some mid‑to‑late 2026/2027 quarterly EPS forecasts (improving forward visibility for later periods), which offsets some near‑term softness and supports longer‑range earnings models. Zacks research / Marketbeat summary
• Neutral Sentiment: PACCAR’s recent investor materials and dividend confirmation (quarterly dividend $0.33, ex‑dividend Feb 11) give modelable cash‑return data but are not an immediate catalyst. MarketBeat PCAR profile
• Neutral Sentiment: Roundups and watchlist coverage (e.g., Yahoo Finance / MarketWatch) note PCAR’s mixed positioning within the Nasdaq‑100 — useful context for relative performance but not a direct company catalyst. Yahoo Finance watchlist MarketWatch: underperforms vs peers
• Negative Sentiment: PACCAR’s last quarter showed an EPS beat but a large revenue miss — revenue down ~15% y/y — which signals demand weakness and tighter near‑term margins. That revenue shortfall is a likely driver of cautious near‑term positioning. MarketBeat earnings summary
• Negative Sentiment: Zacks cut near‑term estimates — Q1 2027 EPS lowered to $1.41 (from $1.55) and FY2026 trimmed to $5.42 — signaling nearer‑term earnings pressure that can weigh on the stock. Zacks Research Estimates PACCAR’s Q1 Earnings
• Negative Sentiment: Insider selling: CFO Brice Poplawski sold 2,200 shares (~$286,900) and reduced his holding by ~70.9%. High‑profile insider sales can spook investors even if for personal reasons. SEC filing / coverage: InsiderTrades coverage SEC filing

About PACCAR

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.