PagerDuty (NYSE:PD) Updates FY 2026 Earnings Guidance

Key Points

• PagerDuty has updated its FY 2026 earnings guidance, projecting earnings per share between $1.000 and $1.04, significantly above the consensus estimate of $0.620.
• The company also issued revenue guidance of $493.0 million to $497.0 million, slightly above the consensus estimate of $496.8 million.
• PagerDuty stock is currently down 3.2% to $15.60, with a recent trading volume significantly surpassing its average volume.

PagerDuty (NYSE:PD - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.000-1.04 for the period, compared to the consensus estimate of 0.620. The company issued revenue guidance of $493.0 million-$497.0 million, compared to the consensus revenue estimate of $496.8 million. PagerDuty also updated its Q3 2026 guidance to 0.240-0.25 EPS.

PagerDuty Stock Performance

PagerDuty stock traded down $0.09 during mid-day trading on Friday, hitting $16.48. 2,392,171 shares of the company's stock traded hands, compared to its average volume of 2,822,393. The firm has a 50 day simple moving average of $15.77 and a two-hundred day simple moving average of $16.07. PagerDuty has a fifty-two week low of $13.69 and a fifty-two week high of $21.98. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of -103.01, a P/E/G ratio of 7.90 and a beta of 0.88. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.39 and a quick ratio of 2.39.

Analyst Ratings Changes

Several brokerages have issued reports on PD. TD Securities cut their price objective on shares of PagerDuty from $19.00 to $18.00 and set a "hold" rating for the company in a research report on Wednesday, May 21st. Truist Financial cut their price objective on shares of PagerDuty from $26.00 to $23.00 and set a "buy" rating for the company in a research report on Friday, May 30th. Canaccord Genuity Group cut their price objective on shares of PagerDuty from $21.00 to $19.00 and set a "buy" rating for the company in a research report on Thursday. Cowen upgraded shares of PagerDuty from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. Finally, Zacks Research raised PagerDuty to a "hold" rating in a report on Friday, August 8th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $18.70.

Institutional Investors Weigh In On PagerDuty

A number of hedge funds and other institutional investors have recently modified their holdings of PD. State of Tennessee Department of Treasury acquired a new position in PagerDuty in the second quarter valued at about $160,000. Oxford Asset Management LLP acquired a new position in PagerDuty in the second quarter valued at about $168,000. Caxton Associates LLP acquired a new position in PagerDuty in the second quarter valued at about $186,000. AXA S.A. acquired a new position in PagerDuty in the second quarter valued at about $205,000. Finally, Norges Bank acquired a new position in PagerDuty in the second quarter valued at about $242,000. Institutional investors and hedge funds 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.