PagerDuty (NYSE:PD) Releases FY 2026 Earnings Guidance

PagerDuty (NYSE:PD) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.950-1.00 for the period, compared to the consensus estimate of 0.930. The company issued revenue guidance of $493.0 million-$499.0 million, compared to the consensus revenue estimate of $503.3 million. PagerDuty also updated its Q2 2026 guidance to 0.190-0.200 EPS.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Truist Financial decreased their price target on shares of PagerDuty from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. Morgan Stanley decreased their price target on shares of PagerDuty from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 16th. The Goldman Sachs Group reduced their price objective on shares of PagerDuty from $21.00 to $18.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. TD Securities reduced their price objective on shares of PagerDuty from $19.00 to $18.00 and set a “hold” rating for the company in a research note on Wednesday, May 21st. Finally, Canaccord Genuity Group reduced their price objective on shares of PagerDuty from $24.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, March 14th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $20.33.

PagerDuty Stock Performance

PD opened at $16.10 on Friday. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of -20.13 and a beta of 0.99. The company has a fifty day moving average of $16.14 and a 200 day moving average of $17.92. PagerDuty has a fifty-two week low of $14.30 and a fifty-two week high of $23.12. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.97 and a current ratio of 1.97.

PagerDuty (NYSE:PD) last posted its earnings results on Thursday, May 29th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05. The company had revenue of $119.81 million during the quarter, compared to analysts’ expectations of $118.98 million. PagerDuty had a negative net margin of 16.29% and a negative return on equity of 22.02%. PagerDuty’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the company posted $0.17 earnings per share. As a group, sell-side analysts forecast that PagerDuty will post -0.27 earnings per share for the current fiscal year.

PagerDuty declared that its Board of Directors has approved a share repurchase program on Thursday, March 13th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Hedge Funds Weigh In On PagerDuty

A number of institutional investors and hedge funds have recently made changes to their positions in PD. Woodline Partners LP purchased a new position in shares of PagerDuty in the 1st quarter worth $556,000. 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 worth $943,000 after buying an additional 671 shares in the last quarter. Royal Bank of Canada grew its stake in shares of PagerDuty by 60.8% in the 1st quarter. Royal Bank of Canada now owns 96,575 shares of the company’s stock worth $1,764,000 after buying an additional 36,517 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of PagerDuty by 110.6% in the 1st 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. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of PagerDuty by 19.8% in the 1st 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 buying an additional 46,262 shares in the last quarter. 97.26% of the stock is owned by hedge funds and other 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.