$PCAR

US stock futures were mixed as investors awaited corporate earnings and the Fed's rate decision. Key deals include $63B financing for Broadcom-Anthropic and Meta's $98B share sale. Boeing reported Q3 revenue of $24.2B and a loss of $0.26 per share. Welltower raised guidance after strong Q3 results. Paccar and DoorDash-Instacart talks are also in focus.

Paccar's Q3 2026 pretax profit rose to $454.5M, driven by fleet replacements. Revenue of $7.94B and EPS of $1.61 beat estimates. All segments improved, with parts and financial services setting records. Management expects U.S./Canada Class 8 sales to rise in 2027, supporting production and electric vehicle development.

PACCAR INC (PCAR) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 PACCAR Inc Public Affairs Department P.O. Box 1518 Bellevue, WA 98009 Contact: Ken Hastings (425) 468-7530 ken.hastings@paccar.com FOR IMMEDIATE RELEASE PACCAR Achieves Excellent Quarterly Revenues and Profits October 27, 2026, Bellevue, Washington – “PACCAR achieved

Paccar will include new infotainment systems in 2027 trucks, with Peterbilt and Kenworth models featuring 13-inch and 15-inch displays, respectively. The company faces a class-action lawsuit over alleged fuel-system defects in EPA 2021 MX-13 engines, with a trial set for October 2027. The American Trucking Associations named Mark Colson as its new president and CEO. Spot market rates remained mostly flat, with diesel prices rising.

PACCAR Inc (PCAR) launched PACCAR Connect, a telematics and fleet management platform for Kenworth and Peterbilt Class 8 trucks, set to release in early 2027. The system integrates vehicle functions and fleet apps, reducing the need for aftermarket devices. At announcement, PCAR shares traded down 1.84% at $108.79 on Nasdaq.

PACCAR Inc. will introduce PACCAR Connect, a touchscreen display system with up to 8 cameras, voice controls, and an app ecosystem, in early 2027. The system integrates vehicle functions and fleet management tools, aiming to boost productivity and streamline workflows for Kenworth and Peterbilt truck drivers and fleets. According to the company, it eliminates the need for multiple aftermarket devices and is covered under factory warranty.

Caterpillar (CAT) shares fell 5% to $760.64, extending a 7% monthly decline, as its data center power business premium is reassessed. Deere (DE) rose 2% to $642.72, while PACCAR (PCAR) dropped 1% to $106.76. CAT's Power and Energy segment saw 17% sales growth in Q2 2026, but near-term tariff costs and margin pressures weigh on sentiment. Investors await Q3 results for further clarity.

Wells Fargo maintained an 'Equal-Weight' rating on PACCAR (PCAR) but lowered its price target from $157 to $122, citing changing market dynamics. The stock is currently priced at $106.40, which GuruFocus estimates as 19.8% overvalued. PACCAR has a GF Score of 87, indicating strong performance, but shows significant insider selling.

JPMorgan lowered its price target on PACCAR to $142 from $164. Other analysts also adjusted targets: Wells Fargo to $122 from $157, Evercore ISI to $162 from $139. PACCAR's stock has declined recently, with a 5-day change of -2.25% and a year-to-date change of -2.69%.

Analysts updated ratings and price targets for several companies. Constellation Brands (STZ) was downgraded to hold with a target of $135. Etsy (ETSY) was downgraded to neutral with a target of $77. Micron (MU) was upgraded to outperform with a target of $1,202. Hilton (HLT) was upgraded to outperform with a target of $370. Other companies also received rating changes and target adjustments.