PACCAR Upgraded by RBC Capital Following Q2 Earnings Beat

Key Facts

1PACCAR reported Q2 EPS of $1.43, beating the consensus estimate of $1.36.

2RBC Capital upgraded PACCAR to Outperform and set a price target of $150.00.

3Garmin is approaching its October 28 earnings release following a Q2 EPS beat of $0.51 over consensus.

PACCAR reported Q2 2026 earnings per share of $1.43, exceeding the consensus estimate of $1.36. According to AD HOC NEWS, RBC Capital upgraded the stock to Outperform and set a new price target of $150.00. The company's Q2 revenue reached $7.55 billion, surpassing the $7.05 billion expected by analysts.

PCAR closed at $111.31 on September 25, 2026, trading between a session low of $110.88 and a high of $112.77. Meanwhile, Garmin is scheduled to release its Q3 earnings on October 28, 2026, following a Q2 performance where EPS beat estimates by $0.51. GRMN closed at $294.14 on September 25, 2026.