PagerDuty (PD) to Release Quarterly Earnings on Thursday

PagerDuty (NYSE:PD - Get Free Report) is expected to announce its Q1 2026 earnings results after the market closes on Thursday, May 29th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $118.98 million for the quarter.

PagerDuty (NYSE:PD - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.16 by $0.06. The business had revenue of $121.45 million during the quarter, compared to analysts' expectations of $119.53 million. PagerDuty had a negative return on equity of 22.02% and a negative net margin of 16.29%. The company's quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned $0.17 EPS. On average, analysts expect PagerDuty to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PagerDuty Price Performance

Shares of PD traded down $0.11 during mid-day trading on Friday, hitting $15.94. The company's stock had a trading volume of 671,491 shares, compared to its average volume of 1,082,192. The firm has a 50-day simple moving average of $16.38 and a 200 day simple moving average of $18.03. 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 firm has a market capitalization of $1.45 billion, a P/E ratio of -19.92 and a beta of 0.99. PagerDuty has a 1-year low of $14.30 and a 1-year high of $23.12.

PagerDuty declared that its Board of Directors has initiated a share buyback plan on Thursday, March 13th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PD. Royal Bank of Canada cut their price target on shares of PagerDuty from $24.00 to $22.00 and set an "outperform" rating for the company in a report on Friday, March 14th. Truist Financial lowered their price target on PagerDuty from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Friday, March 14th. 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. Bank of America cut PagerDuty from a "buy" rating to an "underperform" rating and lowered their price target for the stock from $23.00 to $18.00 in a report on Thursday, January 30th. Finally, TD Securities decreased their price objective on shares of PagerDuty from $19.00 to $18.00 and set a "hold" rating on the stock in a research report on Wednesday. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $20.33.

Institutional Investors Weigh In On PagerDuty

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings 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 purchasing an additional 46,262 shares in the last quarter. Woodline Partners LP acquired a new position in PagerDuty during the first quarter worth about $556,000. Millennium Management LLC grew its holdings in PagerDuty by 55.4% during the first quarter. Millennium Management LLC now owns 1,005,111 shares of the company's stock worth $18,363,000 after acquiring an additional 358,347 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in PagerDuty by 1.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company's stock worth $943,000 after acquiring an additional 671 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in PagerDuty by 110.6% during the first quarter. AQR Capital Management LLC now owns 147,127 shares of the company's stock worth $2,679,000 after buying an additional 77,251 shares in the last quarter. 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.