William Blair restated their market perform rating on shares of PagerDuty (NYSE:PD – Free Report) in a report issued on Friday, Marketbeat Ratings reports.
Several other brokerages also recently commented on PD. Canaccord Genuity Group reaffirmed a “buy” rating and set a $19.00 target price on shares of PagerDuty in a report on Wednesday, November 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of PagerDuty in a research note on Monday, December 29th. Morgan Stanley set a $9.00 price objective on PagerDuty in a report on Thursday, February 19th. Craig Hallum lowered shares of PagerDuty from a “buy” rating to a “hold” rating and reduced their price objective for the company from $20.00 to $15.00 in a research note on Wednesday, November 26th. Finally, Wall Street Zen upgraded shares of PagerDuty from a “hold” rating to a “buy” rating in a report on Sunday, January 25th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $12.40.
Read Our Latest Research Report on PD
PagerDuty Price Performance
PagerDuty (NYSE:PD – Get Free Report) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.05. The business had revenue of $124.79 million during the quarter, compared to analyst estimates of $122.96 million. PagerDuty had a return on equity of 17.01% and a net margin of 35.30%.The company’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $0.22 EPS. PagerDuty has set its Q1 2027 guidance at 0.230-0.250 EPS and its FY 2027 guidance at 1.230-1.280 EPS. On average, research analysts forecast that PagerDuty will post -0.27 earnings per share for the current fiscal year.
Insider Buying and Selling at PagerDuty
In other news, Director Dan Alexandru Solomon sold 266,667 shares of PagerDuty stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the transaction, the director owned 2,389,665 shares in the company, valued at approximately $31,902,027.75. The trade was a 10.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 8.00% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PD. Vanguard Group Inc. grew its stake in PagerDuty by 17.1% in the third quarter. Vanguard Group Inc. now owns 12,593,954 shares of the company’s stock valued at $208,052,000 after purchasing an additional 1,840,407 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of PagerDuty by 333.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock worth $23,961,000 after purchasing an additional 1,115,577 shares during the last quarter. Readystate Asset Management LP acquired a new position in shares of PagerDuty during the 3rd quarter worth $15,946,000. Alyeska Investment Group L.P. bought a new position in shares of PagerDuty during the 3rd quarter valued at $13,710,000. Finally, Danske Bank A S bought a new position in shares of PagerDuty during the 3rd quarter valued at $13,271,000. 97.26% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about PagerDuty
Here are the key news stories impacting PagerDuty this week:
- Positive Sentiment: Q4 EPS beat and margin progress — PagerDuty reported EPS above consensus and highlighted improved profitability and a full-year EPS guide that tops street estimates, supporting the company’s path to sustained GAAP profitability. PagerDuty Announces Fourth-Quarter and Full-Year Fiscal 2026 Financial Results
- Positive Sentiment: AI/product push — PagerDuty announced expansions to its AI ecosystem and a Spring 2026 platform release, which could drive product-led growth and higher enterprise stickiness if adoption accelerates. PagerDuty Expands AI Ecosystem
- Neutral Sentiment: Analyst support remains mixed — some shops (e.g., TD Cowen, Truist, Canaccord) have kept buy/positive stances even after lowering targets, indicating belief in longer-term upside despite near-term headwinds. TD Cowen/TipRanks Coverage
- Negative Sentiment: Revenue guidance and churn concerns — management guided Q1 and FY revenue below consensus ranges and discussed churn/usage headwinds, which directly hit growth expectations and investor confidence. PagerDuty’s Q4 Sales Beat But Stock Drops
- Negative Sentiment: Multiple price-target cuts and a downgrade — several firms trimmed targets (RBC to $8, TD Cowen to $10, Canaccord/Truist to $9) and William Blair downgraded the name after the quarter, amplifying selling pressure. William Blair Downgrade (Seeking Alpha) TD Cowen PT Cut (StreetInsider) RBC PT Cut (TickerReport)
- Negative Sentiment: Market reaction — shares fell sharply after the print as investors punished the revenue guide and margin/cash-flow signs, reinforcing near-term downside risk. Stock Tumbles on Weak Outlook (Investing.com)
About PagerDuty
PagerDuty, Inc engages in the operation of a digital operations management platform in the United States and internationally. The company’s digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage machine learning to correlate, process, and predict opportunities and issues. Its platform includes PagerDuty Incident Management that provides a real-time view across the status of a digital service while incorporating noise reduction to remove false positives; AIOps that applies machine learning to correlate and automate the identification of incidents from billions of events; Process Automation offers centralized design time and run time environment for orchestrating automated workflows that span across departments, technologies, and networks; Customer Service Operations, which is offered to orchestrate, automate, and scale responses to customer impacting issues.
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