PagerDuty (NYSE:PD) Reaches New 1-Year Low - What's Next?

Key Points

• Shares hit a new 52-week low — PagerDuty fell as low as $5.90 (last $5.894) in mid-day trading and was down about 4.3%, trading well below its 50‑day ($7.23) and 200‑day ($11.67) moving averages with a market cap of roughly $508 million.
• Analyst sentiment and targets have weakened — several firms cut price targets (e.g., Canaccord $19→$9, RBC $9→$8) and the consensus rating is a "Hold" with an average target of $12.40 amid mixed Buy/Hold/Sell recommendations.
• Recent quarter beat expectations but growth is modest — PagerDuty reported $0.29 EPS vs. $0.24 expected and $124.8M revenue (up 2.7% y/y) and provided FY‑2027 and Q1‑2027 EPS guidance while institutional investors (Vanguard, ARK, etc.) continue to hold sizable positions.

PagerDuty (NYSE:PD - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $5.90 and last traded at $5.8940, with a volume of 712145 shares changing hands. The stock had previously closed at $6.24.

Analyst Upgrades and Downgrades

PD has been the subject of several research reports. Canaccord Genuity Group cut their price target on PagerDuty from $19.00 to $9.00 and set a "buy" rating for the company in a report on Friday, March 13th. Zacks Research downgraded PagerDuty from a "strong-buy" rating to a "hold" rating in a report on Monday, January 26th. Wall Street Zen raised PagerDuty from a "hold" rating to a "buy" rating in a report on Tuesday. William Blair reaffirmed a "market perform" rating on shares of PagerDuty in a report on Friday, March 13th. Finally, Royal Bank Of Canada cut their price target on PagerDuty from $9.00 to $8.00 and set a "sector perform" rating for the company in a report on Friday, March 13th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $12.40.

PagerDuty Stock Down 4.3%

The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.56. The stock has a market cap of $507.67 million, a P/E ratio of 3.24, a PEG ratio of 2.84 and a beta of 0.78. The firm has a 50-day simple moving average of $7.23 and a two-hundred day simple moving average of $11.67.

PagerDuty (NYSE:PD - Get Free Report) last posted 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 firm had revenue of $124.79 million for the quarter, compared to analysts' expectations of $122.96 million. PagerDuty had a return on equity of 16.29% and a net margin of 35.30%.The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $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. Equities research analysts expect that PagerDuty will post -0.27 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of PagerDuty by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 13,066,929 shares of the company's stock worth $171,307,000 after purchasing an additional 472,975 shares during the period. ARK Investment Management LLC increased its position in shares of PagerDuty by 2.6% in the third quarter. ARK Investment Management LLC now owns 8,827,404 shares of the company's stock worth $145,829,000 after purchasing an additional 224,769 shares during the period. Geode Capital Management LLC increased its position in shares of PagerDuty by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 2,113,117 shares of the company's stock worth $27,708,000 after purchasing an additional 58,881 shares during the period. Ameriprise Financial Inc. increased its position in shares of PagerDuty by 333.2% in the third 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 period. Finally, Loomis Sayles & Co. L P increased its position in shares of PagerDuty by 0.3% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,092,963 shares of the company's stock worth $14,329,000 after purchasing an additional 3,276 shares during the period. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.