PagerDuty (NYSE:PD) Releases Q2 2027 Earnings Guidance

PagerDuty (NYSE:PD) updated its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.290-0.310 for the period, compared to the consensus estimate of 0.280. The company issued revenue guidance of $122.0 million-$124.0 million, compared to the consensus revenue estimate of $122.8 million.

Wall Street Analyst Weigh In

A number of research firms have weighed in on PD. Truist Financial reduced their target price on PagerDuty from $12.00 to $9.00 and set a “buy” rating on the stock in a report on Friday, March 13th. TD Cowen reduced their target price on PagerDuty from $20.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Royal Bank Of Canada upped their target price on PagerDuty from $8.00 to $9.00 and gave the stock a “sector perform” rating in a report on Friday. Wall Street Zen downgraded PagerDuty from a “buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, Canaccord Genuity Group upped their target price on PagerDuty from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Friday. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $11.25.

PagerDuty Stock Performance

PagerDuty stock opened at $10.00 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.56. The company has a market capitalization of $849.94 million, a P/E ratio of 4.90, a PEG ratio of 3.30 and a beta of 0.78. The stock’s 50 day moving average is $6.72 and its 200 day moving average is $9.43. PagerDuty has a twelve month low of $5.70 and a twelve month high of $18.00.

PagerDuty (NYSE:PD) last posted its quarterly earnings results on Thursday, May 28th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.08. The company had revenue of $120.97 million for the quarter, compared to the consensus estimate of $119.52 million. PagerDuty had a return on equity of 17.57% and a net margin of 38.60%.The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 EPS. PagerDuty has set its Q2 2027 guidance at 0.290-0.310 EPS. On average, equities research analysts predict that PagerDuty will post 0.34 earnings per share for the current fiscal year.

PagerDuty announced that its board has authorized a stock repurchase program on Thursday, May 28th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 16.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Key Headlines 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

Hedge Funds Weigh In On PagerDuty

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in PagerDuty by 1.3% in the first 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. California State Teachers Retirement System lifted its stake in PagerDuty by 1.4% in the second quarter. California State Teachers Retirement System now owns 81,474 shares of the company’s stock worth $1,245,000 after purchasing an additional 1,129 shares during the last quarter. Loomis Sayles & Co. L P lifted its stake in PagerDuty by 0.3% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,092,963 shares of the company’s stock worth $14,329,000 after purchasing an additional 3,276 shares during the last quarter. Alliancebernstein L.P. lifted its stake in PagerDuty by 4.1% in the third quarter. Alliancebernstein L.P. now owns 95,302 shares of the company’s stock worth $1,574,000 after purchasing an additional 3,784 shares during the last quarter. Finally, Swiss National Bank lifted its stake in PagerDuty by 2.3% in the third quarter. Swiss National Bank now owns 169,700 shares of the company’s stock worth $2,803,000 after purchasing an additional 3,800 shares during the last quarter. 97.26% of the stock is owned by institutional investors.

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.