PagerDuty (NYSE:PD) Issues Q2 2026 Earnings Guidance

PagerDuty (NYSE:PD - Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.190-0.200 for the period, compared to the consensus earnings per share estimate of 0.230. The company issued revenue guidance of $122.5 million-$124.5 million, compared to the consensus revenue estimate of $123.8 million. PagerDuty also updated its FY 2026 guidance to 0.950-1.00 EPS.

PagerDuty Trading Up 4.4%

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

PagerDuty (NYSE:PD - Get Free Report) last released its earnings results on Thursday, May 29th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.19 by $0.05. The firm had revenue of $119.81 million during 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 business's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 earnings per share. As a group, equities research analysts predict that PagerDuty will post -0.27 EPS for the current year.

PagerDuty announced that its Board of Directors has approved a stock buyback program on Thursday, March 13th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the company to repurchase up to 10.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PD. TD Securities lowered their target price on PagerDuty from $19.00 to $18.00 and set a "hold" rating for the company in a research note on Wednesday, May 21st. Truist Financial cut their target price on PagerDuty from $26.00 to $23.00 and set a "buy" rating on the stock in a research note on Friday. Royal Bank of Canada lowered their price target on PagerDuty from $22.00 to $20.00 and set an "outperform" rating on the stock in a research report on Friday. Morgan Stanley cut 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, The Goldman Sachs Group lowered their price target on PagerDuty from $21.00 to $18.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $19.50.

Hedge Funds Weigh In On PagerDuty

Large investors have recently made changes to their positions in the business. Millennium Management LLC lifted 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 lifted its position in shares of PagerDuty by 19.8% during the 1st 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 purchasing an additional 46,262 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of PagerDuty by 110.6% during the 1st quarter. AQR Capital Management LLC now owns 147,127 shares of the company's stock worth $2,679,000 after purchasing an additional 77,251 shares during the last quarter. Royal Bank of Canada lifted its position in shares of PagerDuty by 60.8% during the 1st quarter. Royal Bank of Canada now owns 96,575 shares of the company's stock worth $1,764,000 after purchasing an additional 36,517 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position 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 purchasing an additional 671 shares during the last quarter. 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.