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Groupe Robert and PACCAR are collaborating to share insights from their operational excellence initiatives at an upcoming logistics forum.
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Following PACCAR's third-quarter 2026 earnings report, several major financial institutions, including J.P. Morgan, BofA Global Research, and Truist, adjusted their price targets for the company's stock.
Truist has adjusted its price target for PACCAR Inc. from $125 to $124 while maintaining a Hold rating on the stock.
PACCAR reported strong Q3 2026 results with 19% revenue growth to $7.94 billion and 44% profit growth to $847.5 million. The company launched PACCAR Connect, a connected vehicle platform creating new recurring revenue streams through software subscriptions. Aftermarket parts and financial services are providing stable profitability, while supply chain constraints limited Q3 truck deliveries to 40,100 units, with expectations for 41,000-43,000 deliveries in Q4.
PACCAR Inc reported third-quarter 2026 revenue of $7.94 billion and earnings per share of $1.61, exceeding analyst expectations.
Filed: 2026-10-27 AccNo: 0001193125-26-432729 Size: 6 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
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