PagerDuty (NYSE:PD) Posts Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Key Points

• PagerDuty reported an EPS of $0.11 for the quarter, missing expectations by $0.11, indicating ongoing financial challenges for the company.
• The company's stock traded down to $15.60, with analysts currently holding a consensus rating of "Hold" and a price target of $19.75.
• Several institutional investors recently increased their positions in PagerDuty, with Millennium Management LLC boosting its stake by over 55% during Q1.

PagerDuty (NYSE:PD - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.09), Zacks reports. The business had revenue of $123.41 million for the quarter, compared to the consensus estimate of $123.52 million. PagerDuty had a negative net margin of 2.87% and a positive return on equity of 2.81%. PagerDuty's revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.21 EPS. PagerDuty updated its Q3 2026 guidance to 0.240-0.25 EPS and its FY 2026 guidance to 1.000-1.04 EPS.

PagerDuty Price Performance

NYSE:PD traded up $0.71 on Monday, reaching $17.18. The stock had a trading volume of 2,869,211 shares, compared to its average volume of 2,822,393. The company has a market capitalization of $1.60 billion, a P/E ratio of -107.35, a price-to-earnings-growth ratio of 7.90 and a beta of 0.88. PagerDuty has a 1-year low of $13.69 and a 1-year high of $21.98. The company has a quick ratio of 2.39, a current ratio of 2.39 and a debt-to-equity ratio of 2.18. The stock has a fifty day moving average price of $15.81 and a 200-day moving average price of $16.07.

Analyst Upgrades and Downgrades

PD has been the topic of several recent research reports. Canaccord Genuity Group cut their price objective on shares of PagerDuty from $21.00 to $19.00 and set a "buy" rating on the stock in a research report on Thursday. Royal Bank Of Canada dropped their price target on shares of PagerDuty from $20.00 to $18.00 and set an "outperform" rating on the stock in a research report on Thursday. TD Cowen raised shares of PagerDuty from a "hold" rating to a "buy" rating and set a $22.00 price target on the stock in a research report on Monday, July 28th. Cowen raised shares of PagerDuty from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. Finally, Zacks Research raised shares of PagerDuty to a "hold" rating in a research report on Friday, August 8th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $18.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PD. State of Tennessee Department of Treasury acquired a new position in PagerDuty during the 2nd quarter worth about $160,000. Oxford Asset Management LLP bought a new stake in PagerDuty during the 2nd quarter worth approximately $168,000. Caxton Associates LLP bought a new stake in PagerDuty during the 2nd quarter worth approximately $186,000. AXA S.A. bought a new stake in PagerDuty during the 2nd quarter worth approximately $205,000. Finally, Norges Bank bought a new position in shares of PagerDuty during the 2nd quarter worth approximately $242,000. Institutional investors and hedge funds own 97.26% of the company's stock.

PagerDuty Company Profile

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.