PagerDuty (NYSE:PD – Get Free Report) updated its FY 2027 earnings guidance on Monday. The company provided earnings per share guidance of 1.230-1.280 for the period, compared to the consensus earnings per share estimate of 1.080. The company issued revenue guidance of $488.5 million-$496.5 million, compared to the consensus revenue estimate of $492.9 million. PagerDuty also updated its Q1 2027 guidance to 0.230-0.250 EPS.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. Wall Street Zen cut shares of PagerDuty from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Research cut shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 26th. TD Cowen reduced their target price on shares of PagerDuty from $20.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Truist Financial reduced their target price on shares of PagerDuty from $12.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Finally, Royal Bank Of Canada reduced their target price on shares of PagerDuty from $9.00 to $8.00 and set a “sector perform” rating for the company in a research note on Friday, March 13th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $12.40.
Check Out Our Latest Analysis on PD
PagerDuty Stock Performance
PagerDuty (NYSE:PD – Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.05. The business had revenue of $124.79 million during the quarter, compared to the consensus estimate of $122.96 million. PagerDuty had a net margin of 35.30% and a return on equity of 16.29%. The business’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 EPS. 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 predict that PagerDuty will post 0.34 earnings per share for the current fiscal year.
Hedge Funds Weigh In On PagerDuty
A number of large investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of PagerDuty by 1.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock valued at $943,000 after purchasing an additional 671 shares during the period. California State Teachers Retirement System increased its stake in shares of 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 buying an additional 1,129 shares during the last quarter. Loomis Sayles & Co. L P increased its stake in shares of 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 buying an additional 3,276 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of 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 buying an additional 3,784 shares during the last quarter. Finally, Swiss National Bank increased its stake in shares of 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 buying an additional 3,800 shares during the last quarter. Hedge funds and other institutional investors own 97.26% of the company’s stock.
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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