PagerDuty (NYSE:PD) Price Target Lowered to $8.00 at Royal Bank Of Canada

PagerDuty (NYSE:PD) had its target price reduced by Royal Bank Of Canada from $9.00 to $8.00 in a report published on Friday morning,Benzinga reports. They currently have a sector perform rating on the stock.

A number of other equities research analysts have also recently commented on PD. Craig Hallum cut shares of PagerDuty from a “buy” rating to a “hold” rating and reduced their target price for the company from $20.00 to $15.00 in a research report on Wednesday, November 26th. Bank of America began coverage on shares of PagerDuty in a research note on Tuesday, December 2nd. They set an “underperform” rating and a $12.00 price objective for the company. Zacks Research downgraded shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of PagerDuty in a research note on Monday, December 29th. Finally, Truist Financial lowered their target price on PagerDuty from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, January 7th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.40.

PagerDuty Stock Down 3.0%

Shares of PD opened at $7.05 on Friday. The stock has a 50 day moving average price of $9.08 and a 200 day moving average price of $12.94. PagerDuty has a one year low of $6.15 and a one year high of $19.70. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37. The stock has a market capitalization of $646.96 million, a price-to-earnings ratio of 3.83, a PEG ratio of 1.82 and a beta of 0.73.

PagerDuty (NYSE:PD) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.05. PagerDuty had a return on equity of 17.01% and a net margin of 35.30%.The company had revenue of $124.79 million for the quarter, compared to analyst estimates of $122.96 million. During the same quarter last year, the firm posted $0.22 EPS. The firm’s revenue for the quarter 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. Equities research analysts forecast that PagerDuty will post -0.27 earnings per share for the current fiscal year.

Insider Buying and Selling at PagerDuty

In other news, Director Dan Alexandru Solomon sold 266,667 shares of the business’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the transaction, the director owned 2,389,665 shares of the company’s stock, valued at approximately $31,902,027.75. The trade was a 10.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 8.00% of the company’s stock.

Hedge Funds Weigh In On PagerDuty

A number of institutional investors have recently bought and sold shares of the company. Arizona State Retirement System raised its stake in PagerDuty by 2.6% during the third quarter. Arizona State Retirement System now owns 25,911 shares of the company’s stock worth $428,000 after purchasing an additional 658 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of PagerDuty by 1.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock valued at $943,000 after buying an additional 671 shares during the period. California State Teachers Retirement System increased its holdings in shares of PagerDuty by 1.4% during the 2nd quarter. California State Teachers Retirement System now owns 81,474 shares of the company’s stock worth $1,245,000 after buying an additional 1,129 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of PagerDuty by 252.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock worth $27,000 after buying an additional 1,149 shares during the last quarter. Finally, ProShare Advisors LLC raised its position in shares of PagerDuty by 11.8% during the 4th quarter. ProShare Advisors LLC now owns 16,324 shares of the company’s stock valued at $214,000 after buying an additional 1,720 shares during the period. 97.26% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting PagerDuty

Here are the key news stories impacting PagerDuty this week:

• Positive Sentiment: Q4 EPS beat and margin progress — PagerDuty reported EPS above consensus and highlighted improved profitability and a full-year EPS guide that tops street estimates, supporting the company’s path to sustained GAAP profitability. PagerDuty Announces Fourth-Quarter and Full-Year Fiscal 2026 Financial Results
• Positive Sentiment: AI/product push — PagerDuty announced expansions to its AI ecosystem and a Spring 2026 platform release, which could drive product-led growth and higher enterprise stickiness if adoption accelerates. PagerDuty Expands AI Ecosystem
• Neutral Sentiment: Analyst support remains mixed — some shops (e.g., TD Cowen, Truist, Canaccord) have kept buy/positive stances even after lowering targets, indicating belief in longer-term upside despite near-term headwinds. TD Cowen/TipRanks Coverage
• Negative Sentiment: Revenue guidance and churn concerns — management guided Q1 and FY revenue below consensus ranges and discussed churn/usage headwinds, which directly hit growth expectations and investor confidence. PagerDuty’s Q4 Sales Beat But Stock Drops
• Negative Sentiment: Multiple price-target cuts and a downgrade — several firms trimmed targets (RBC to $8, TD Cowen to $10, Canaccord/Truist to $9) and William Blair downgraded the name after the quarter, amplifying selling pressure. William Blair Downgrade (Seeking Alpha) TD Cowen PT Cut (StreetInsider) RBC PT Cut (TickerReport)
• Negative Sentiment: Market reaction — shares fell sharply after the print as investors punished the revenue guide and margin/cash-flow signs, reinforcing near-term downside risk. Stock Tumbles on Weak Outlook (Investing.com)

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. 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.