PagerDuty (NYSE:PD) Updates Q1 2027 Earnings Guidance

PagerDuty (NYSE:PD) updated its first quarter 2027 earnings guidance on Monday. The company provided earnings per share guidance of 0.230-0.250 for the period, compared to the consensus earnings per share estimate of 0.200. The company issued revenue guidance of $118.0 million-$120.0 million, compared to the consensus revenue estimate of $119.3 million. PagerDuty also updated its FY 2027 guidance to 1.230-1.280 EPS.

Analysts Set New Price Targets

Several research firms have recently issued reports on PD. Zacks Research downgraded PagerDuty from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 26th. Truist Financial decreased their target price on PagerDuty from $12.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, March 13th. William Blair reaffirmed a “market perform” rating on shares of PagerDuty in a report on Friday, March 13th. Wall Street Zen lowered PagerDuty from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Royal Bank Of Canada reduced their price objective on PagerDuty from $9.00 to $8.00 and set a “sector perform” rating for the company in a research report on Friday, March 13th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.40.

PagerDuty Stock Performance

Shares of PD traded down $0.38 during trading hours on Monday, reaching $6.92. 1,665,301 shares of the company traded hands, compared to its average volume of 3,008,032. The stock’s fifty day moving average is $6.75 and its 200 day moving average is $10.36. The stock has a market cap of $587.68 million, a P/E ratio of 3.76, a price-to-earnings-growth ratio of 3.24 and a beta of 0.78. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.01 and a current ratio of 2.01. PagerDuty has a 1-year low of $5.70 and a 1-year high of $18.00.

PagerDuty (NYSE:PD) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.05. PagerDuty had a net margin of 35.30% and a return on equity of 16.29%. The business had revenue of $124.79 million during the quarter, compared to analyst estimates of $122.96 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. PagerDuty has set its Q1 2027 guidance at 0.230-0.250 EPS and its FY 2027 guidance at 1.230-1.280 EPS. Equities research analysts anticipate that PagerDuty will post 0.34 earnings per share for the current fiscal year.

Institutional Trading of PagerDuty

A number of hedge funds have recently modified their holdings of PD. Royal Bank of Canada lifted its position in shares of PagerDuty by 60.8% in the 1st quarter. Royal Bank of Canada now owns 96,575 shares of the company’s stock worth $1,764,000 after acquiring an additional 36,517 shares during the period. AQR Capital Management LLC lifted its position in shares of PagerDuty by 110.6% in the 1st quarter. AQR Capital Management LLC now owns 147,127 shares of the company’s stock worth $2,679,000 after acquiring an additional 77,251 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of PagerDuty by 1.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock worth $943,000 after acquiring an additional 671 shares during the period. Millennium Management LLC lifted its position in shares of PagerDuty by 55.4% in the 1st quarter. Millennium Management LLC now owns 1,005,111 shares of the company’s stock worth $18,363,000 after acquiring an additional 358,347 shares during the period. Finally, Woodline Partners LP bought a new stake in shares of PagerDuty in the 1st quarter worth approximately $556,000. Institutional investors own 97.26% of the company’s stock.

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.