PagerDuty (NYSE:PD - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.950-1.00 for the period, compared to the consensus estimate of 0.930. The company issued revenue guidance of $493.0 million-$499.0 million, compared to the consensus revenue estimate of $503.3 million. PagerDuty also updated its Q2 2026 guidance to 0.190-0.200 EPS.
Analysts Set New Price Targets
Several brokerages have weighed in on PD. Morgan Stanley lowered their target price on shares of PagerDuty from $20.00 to $17.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. JPMorgan Chase & Co. decreased their price target on PagerDuty from $21.00 to $18.00 and set an "underweight" rating on the stock in a research note on Friday. Royal Bank of Canada dropped their price objective on PagerDuty from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday. TD Securities reduced their price objective on PagerDuty from $19.00 to $18.00 and set a "hold" rating for the company in a report on Wednesday, May 21st. Finally, The Goldman Sachs Group decreased their target price on PagerDuty from $21.00 to $18.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, PagerDuty has an average rating of "Hold" and a consensus price target of $19.67.
Check Out Our Latest Stock Report on PD
PagerDuty Price Performance
Shares of NYSE PD traded down $1.75 during trading on Friday, reaching $14.35. The company had a trading volume of 4,343,663 shares, compared to its average volume of 1,083,463. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 3.52. PagerDuty has a twelve month low of $13.94 and a twelve month high of $23.12. The stock has a 50-day moving average price of $16.04 and a two-hundred day moving average price of $17.86. The stock has a market capitalization of $1.31 billion, a PE ratio of -17.94 and a beta of 0.99.
PagerDuty (NYSE:PD - Get Free Report) last announced its earnings results on Thursday, May 29th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05. PagerDuty had a negative net margin of 16.29% and a negative return on equity of 22.02%. The firm had revenue of $119.81 million during the quarter, compared to the consensus estimate of $118.98 million. During the same quarter in the previous year, the company posted $0.17 EPS. The firm's revenue for the quarter was up 7.8% on a year-over-year basis. As a group, sell-side analysts predict that PagerDuty will post -0.27 earnings per share for the current year.
PagerDuty announced that its Board of Directors has initiated a share buyback program on Thursday, March 13th that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.
Institutional Investors Weigh In On PagerDuty
A number of hedge funds and other institutional investors have recently made changes to their positions in PD. Woodline Partners LP acquired a new position in PagerDuty during the first quarter worth approximately $556,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of PagerDuty by 1.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company's stock worth $943,000 after buying an additional 671 shares during the last quarter. Royal Bank of Canada raised 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 buying an additional 36,517 shares during the period. AQR Capital Management LLC raised 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 buying an additional 77,251 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in PagerDuty by 19.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 279,941 shares of the company's stock valued at $5,115,000 after acquiring an additional 46,262 shares during the last quarter. Hedge funds and other institutional investors own 97.26% of the company's stock.
PagerDuty Company Profile
(
Get Free Report)
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.
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