PagerDuty's (PD) "Market Perform" Rating Reaffirmed at William Blair

Key Points

• William Blair reaffirmed a "Market Perform" rating on PagerDuty, consistent with an overall analyst consensus of Hold (average target $14.45; 3 Buy / 8 Hold / 3 Sell).
• PagerDuty beat Q4 EPS ($0.29 vs. $0.24) and raised FY‑2027 EPS guidance to $1.23–$1.28, but its FY and Q1 revenue guidance missed expectations, which weighed on the stock.
• Shares traded down to $7.00 (about -3.8%); the company has a market cap of $642M and a P/E of 4.39, and a director disclosed the sale of 266,667 shares in late December.

PagerDuty (NYSE:PD - Get Free Report)'s stock had its "market perform" rating restated by analysts at William Blair in a research note issued on Friday, MarketBeat.com reports.

Several other research firms have also commented on PD. Royal Bank Of Canada reiterated a "sector perform" rating on shares of PagerDuty in a research note on Wednesday, February 11th. Canaccord Genuity Group restated a "buy" rating and issued a $19.00 price target on shares of PagerDuty in a report on Wednesday, November 26th. TD Cowen reiterated a "buy" rating on shares of PagerDuty in a report on Wednesday, November 26th. Morgan Stanley set a $9.00 target price on shares of PagerDuty in a research report on Thursday, February 19th. Finally, Bank of America initiated coverage on shares of PagerDuty in a report on Tuesday, December 2nd. They issued an "underperform" rating and a $12.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $14.45.

PagerDuty Trading Down 3.8%

Shares of PD traded down $0.28 on Friday, hitting $7.00. 2,651,740 shares of the stock traded hands, compared to its average volume of 3,290,337. PagerDuty has a 1 year low of $6.15 and a 1 year high of $19.70. The stock's 50 day moving average is $9.19 and its two-hundred day moving average is $13.00. The firm has a market capitalization of $642.00 million, a P/E ratio of 4.39, a P/E/G ratio of 1.84 and a beta of 0.73. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.23.

PagerDuty (NYSE:PD - Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.05. PagerDuty had a return on equity of 10.27% and a net margin of 31.12%.The company had revenue of $124.79 million during the quarter, compared to the consensus estimate of $122.96 million. During the same period in the previous year, the firm posted $0.22 EPS. PagerDuty's revenue was up 2.7% on a year-over-year basis. PagerDuty has set its Q1 2027 guidance at 0.230-0.250 EPS and its FY 2027 guidance at 1.230-1.280 EPS. As a group, sell-side analysts predict that PagerDuty will post -0.27 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Dan Alexandru Solomon sold 266,667 shares of the firm's stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total value of $3,560,004.45. Following the transaction, the director directly owned 2,389,665 shares in the company, valued at $31,902,027.75. This trade represents a 10.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.00% of the stock is owned by corporate insiders.

Institutional Trading of PagerDuty

A number of institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its holdings in PagerDuty by 252.0% in the third quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company's stock valued at $27,000 after buying an additional 1,149 shares during the period. KBC Group NV lifted its position in PagerDuty by 89.5% during the fourth quarter. KBC Group NV now owns 4,402 shares of the company's stock valued at $58,000 after buying an additional 2,079 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in PagerDuty during the third quarter worth approximately $59,000. State of Alaska Department of Revenue acquired a new stake in shares of PagerDuty in the third quarter worth $67,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of PagerDuty in the fourth quarter worth $68,000. Institutional investors and hedge funds own 97.26% of the company's stock.

Key Stories Impacting PagerDuty

Here are the key news stories impacting PagerDuty this week:

• Positive Sentiment: Q4 EPS beat analyst estimates, delivering $0.29 per share vs. consensus ~$0.24, and revenue modestly beat/roughly met expectations — a near‑term proof point for profitability momentum. Read More.
• Positive Sentiment: Management raised EPS guidance materially for FY‑2027 (EPS $1.230–1.280 vs. consensus ~0.85), and Q1 EPS guide also topped estimates — indicating confidence in margin expansion and continued path to GAAP profitability. Read More.
• Neutral Sentiment: Analyst support remains: TD Cowen reiterated a Buy, highlighting early signs of growth reacceleration from a usage‑based transition and potential AI‑driven upside — a positive tail‑risk if execution accelerates. Read More.
• Neutral Sentiment: Product/market development: PagerDuty expanded its AI integration ecosystem and rolled out the Spring 2026 Operations Cloud updates, strengthening its positioning in AI‑first operations — longer‑term strategic positive if adoption follows. Read More.
• Negative Sentiment: Revenue guidance disappointed — FY revenue guide ($488.5M–$496.5M) and Q1 revenue guide ($118M–$120M) came in below consensus, creating uncertainty about near‑term top‑line growth and triggering the biggest negative reaction. Read More.
• Negative Sentiment: Operational and cash‑flow signals were mixed: reports flagged narrower operating profit, weaker operating cash flow and lower cash balances vs. a year ago — factors that amplify investor sensitivity to the revenue miss. Read More.

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. 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.

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