PagerDuty (NYSE:PD) Updates FY 2026 Earnings Guidance

PagerDuty (NYSE:PD - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.950-1.00 for the period, compared to the consensus EPS 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.

Analyst Upgrades and Downgrades

Several research firms have commented on PD. TD Securities lowered their price objective on PagerDuty from $19.00 to $18.00 and set a "hold" rating on the stock in a research report on Wednesday, May 21st. JPMorgan Chase & Co. lowered their price objective on PagerDuty from $21.00 to $18.00 and set an "underweight" rating on the stock in a research report on Friday. 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. Morgan Stanley decreased their target price on PagerDuty from $20.00 to $17.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Finally, Truist Financial decreased their target price on PagerDuty from $26.00 to $23.00 and set a "buy" rating on the stock in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $19.50.

PagerDuty Price Performance

PD stock traded up $0.64 during midday trading on Tuesday, reaching $14.94. The stock had a trading volume of 1,584,088 shares, compared to its average volume of 1,086,249. The company's fifty day simple moving average is $15.94 and its 200 day simple moving average is $17.82. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 3.52. The company has a market cap of $1.36 billion, a price-to-earnings ratio of -18.67 and a beta of 0.99. PagerDuty has a 52-week low of $13.94 and a 52-week high of $23.12.

PagerDuty (NYSE:PD - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.05. The company had revenue of $119.81 million for the quarter, compared to analyst estimates of $118.98 million. PagerDuty had a negative return on equity of 22.02% and a negative net margin of 16.29%. The firm's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.17 EPS. As a group, sell-side analysts predict that PagerDuty will post -0.27 earnings per share for the current fiscal year.

PagerDuty announced that its Board of Directors has initiated a share repurchase program on Thursday, March 13th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Institutional Trading of PagerDuty

A number of hedge funds and other institutional investors have recently modified their holdings of PD. Millennium Management LLC increased its position in shares of PagerDuty by 55.4% during the 1st quarter. Millennium Management LLC now owns 1,005,111 shares of the company's stock worth $18,363,000 after purchasing an additional 358,347 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in PagerDuty by 19.8% during 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 worth $5,115,000 after buying an additional 46,262 shares during the period. AQR Capital Management LLC increased its holdings in shares of PagerDuty by 110.6% in the first quarter. AQR Capital Management LLC now owns 147,127 shares of the company's stock valued at $2,679,000 after purchasing an additional 77,251 shares during the period. Royal Bank of Canada increased its holdings in shares of PagerDuty by 60.8% in the first quarter. Royal Bank of Canada now owns 96,575 shares of the company's stock valued at $1,764,000 after purchasing an additional 36,517 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of PagerDuty by 1.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company's stock valued at $943,000 after purchasing an additional 671 shares during the period. 97.26% of the stock is owned by institutional investors and hedge funds.

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.