Canaccord Genuity Group Cuts PagerDuty (NYSE:PD) Price Target to $9.00

PagerDuty (NYSE:PD) had its price objective decreased by investment analysts at Canaccord Genuity Group from $19.00 to $9.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 27.93% from the stock’s previous close.

PD has been the topic of several other reports. TD Cowen reduced their price target on PagerDuty from $20.00 to $10.00 and set a “buy” rating on the stock in a research report on Friday. Royal Bank Of Canada dropped their price objective on PagerDuty from $9.00 to $8.00 and set a “sector perform” rating for the company in a research note on Friday. Craig Hallum cut shares of PagerDuty from a “buy” rating to a “hold” rating and decreased their price objective for the company from $20.00 to $15.00 in a research report on Wednesday, November 26th. Wall Street Zen raised shares of PagerDuty from a “hold” rating to a “buy” rating in a research note on Sunday, January 25th. Finally, Bank of America initiated coverage on PagerDuty in a research report on Tuesday, December 2nd. They set an “underperform” rating and a $12.00 price target for the company. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $12.91.

PagerDuty Trading Down 3.2%

Shares of PagerDuty stock traded down $0.24 during trading on Friday, reaching $7.04. The company’s stock had a trading volume of 4,681,854 shares, compared to its average volume of 3,333,942. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.23. The company has a market cap of $645.67 million, a price-to-earnings ratio of 4.40, a PEG ratio of 1.84 and a beta of 0.73. The firm’s 50-day moving average is $9.19 and its two-hundred day moving average is $13.00. PagerDuty has a 52-week low of $6.15 and a 52-week high of $19.70.

PagerDuty (NYSE:PD) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.05. The business had revenue of $124.79 million during the quarter, compared to analyst estimates of $122.96 million. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. The company’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 earnings per share. PagerDuty has set its Q1 2027 guidance at 0.230-0.250 EPS and its FY 2027 guidance at 1.230-1.280 EPS. On average, sell-side analysts anticipate that PagerDuty will post -0.27 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Dan Alexandru Solomon sold 266,667 shares of the business’s stock in a transaction on 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 sale, the director owned 2,389,665 shares in the company, valued at approximately $31,902,027.75. The trade was a 10.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 8.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PD. Vanguard Group Inc. grew its holdings in PagerDuty by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 13,066,929 shares of the company’s stock worth $171,307,000 after purchasing an additional 472,975 shares during the period. ARK Investment Management LLC boosted its position in shares of PagerDuty by 2.6% in the 3rd quarter. ARK Investment Management LLC now owns 8,827,404 shares of the company’s stock worth $145,829,000 after purchasing an additional 224,769 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of PagerDuty by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 2,113,117 shares of the company’s stock worth $27,708,000 after buying an additional 58,881 shares during the last quarter. Ameriprise Financial Inc. increased its position in PagerDuty by 333.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock valued at $23,961,000 after buying an additional 1,115,577 shares in the last quarter. Finally, Loomis Sayles & Co. L P grew 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 acquiring an additional 3,276 shares during the last quarter. 97.26% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about PagerDuty

Here are the key news stories impacting PagerDuty this week:

• Positive Sentiment: Q4 beat on EPS and management highlighted progress toward profitability; FY‑2027 EPS guide (1.23–1.28) is well above Street estimates, which supports longer‑term earnings upside. Earnings Press Release
• Positive Sentiment: PagerDuty expanded its AI integration ecosystem and product roadmap (PagerDuty Advance agents, Spring 2026 release), which could drive usage-based and AI‑driven revenue acceleration over time. AI Ecosystem Announcement
• Neutral Sentiment: TD Cowen reiterated a Buy rating and cites early growth reacceleration and AI upside, but the firm also cut its price target (see negative items). TD Cowen Note
• Neutral Sentiment: William Blair reaffirmed a market‑perform rating, which is a steadying signal but not bullish. William Blair Note
• Negative Sentiment: Revenue guidance disappointed: FY revenue guide was below consensus and Q1 revenue guidance also came in under Street expectations—investors flagged a soft revenue outlook and churn concerns, driving after‑hours selling. MSN: Soft Revenue Outlook
• Negative Sentiment: Analyst target cuts: RBC lowered its target to $8 (sector perform) and TD Cowen cut its target to $10 from $20—these reductions weigh on sentiment despite differing ratings. RBC / TickerReport TD Cowen PT Cut

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.