PagerDuty (NYSE:PD) Receives $11.78 Average Price Target from Analysts

PagerDuty (NYSE:PD) has earned a consensus rating of “Hold” from the eleven research firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $11.25.

A number of equities analysts have recently weighed in on PD shares. William Blair reissued a “market perform” rating on shares of PagerDuty in a research report on Friday, March 13th. Canaccord Genuity Group lifted their price target on shares of PagerDuty from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday. Morgan Stanley set a $9.00 price target on shares of PagerDuty in a research report on Thursday, February 19th. Truist Financial reduced their price target on shares of PagerDuty from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Finally, Royal Bank Of Canada lifted their price target on shares of PagerDuty from $8.00 to $9.00 and gave the stock a “sector perform” rating in a research report on Friday.

PagerDuty Price Performance

Shares of PD stock opened at $10.00 on Friday. PagerDuty has a 52-week low of $5.70 and a 52-week high of $18.00. The stock has a market cap of $849.98 million, a PE ratio of 4.90, a PEG ratio of 4.42 and a beta of 0.78. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.01 and a current ratio of 2.01. The firm’s 50 day moving average price is $6.72 and its two-hundred day moving average price is $9.43.

PagerDuty (NYSE:PD) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.08. The firm had revenue of $120.97 million for the quarter, compared to analysts’ expectations of $119.52 million. PagerDuty had a net margin of 38.60% and a return on equity of 17.57%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the firm earned $0.24 earnings per share. PagerDuty has set its Q2 2027 guidance at 0.290-0.310 EPS. As a group, analysts forecast that PagerDuty will post 0.34 EPS for the current year.

PagerDuty declared that its Board of Directors has authorized a share repurchase program on Thursday, May 28th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 16.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On PagerDuty

Institutional investors have recently added to or reduced their stakes in the stock. WealthCollab LLC bought a new stake in PagerDuty in the 1st quarter valued at $25,000. EverSource Wealth Advisors LLC lifted its position in PagerDuty by 252.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock valued at $27,000 after acquiring an additional 1,149 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in PagerDuty by 1,219.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,976 shares of the company’s stock valued at $31,000 after acquiring an additional 4,599 shares in the last quarter. KBC Group NV lifted its position in PagerDuty by 89.5% in the 4th quarter. KBC Group NV now owns 4,402 shares of the company’s stock valued at $58,000 after acquiring an additional 2,079 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new stake in PagerDuty in the 3rd quarter valued at $59,000. 97.26% of the stock is owned by institutional investors.

Key Stories Impacting PagerDuty

Here are the key news stories impacting PagerDuty this week:

• Positive Sentiment: PagerDuty reported Q1 earnings of $0.32 per share, beating expectations, and revenue of $120.97 million also topped estimates. The company said results exceeded guidance for both revenue and non-GAAP operating margin, which helped boost sentiment. PagerDuty Announces First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: The board authorized a new $100 million share buyback program, which can reduce share count and signals management believes the stock is undervalued. RTT News buyback report
• Positive Sentiment: Canaccord Genuity raised its price target on PagerDuty to $10 from $9 and maintained a buy rating, reinforcing the view that recent momentum may have more room to run.
• Neutral Sentiment: Management lifted Q2 fiscal 2027 guidance slightly above consensus, but the outlook still points to only modest growth, suggesting the business is improving but not reaccelerating sharply.
• Negative Sentiment: Some investors remain cautious because underlying fundamentals are still weak: revenue grew less than 1% year over year, ARR was flat, large-customer counts fell, and DBNRR slipped below 100%, indicating churn is outpacing expansion. PagerDuty Q1 Earnings: Still Struggling

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.