PagerDuty (NYSE:PD) Price Target Cut to $9.00 by Analysts at Truist Financial

PagerDuty (NYSE:PD) had its target price reduced by equities researchers at Truist Financial from $12.00 to $9.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price target suggests a potential upside of 27.03% from the company’s current price.

A number of other equities research analysts have also recently issued reports on PD. Royal Bank Of Canada decreased their price objective on shares of PagerDuty from $9.00 to $8.00 and set a “sector perform” rating for the company in a report on Friday. TD Cowen reduced their price target on shares of PagerDuty from $20.00 to $10.00 and set a “buy” rating for the company in a report on Friday. Zacks Research lowered shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. Morgan Stanley set a $9.00 price objective on shares of PagerDuty in a report on Thursday, February 19th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of PagerDuty in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $13.82.

PagerDuty Stock Down 2.5%

Shares of PD traded down $0.19 during trading hours on Friday, reaching $7.09. The company’s stock had a trading volume of 3,722,720 shares, compared to its average volume of 3,312,957. The company has a 50 day moving average of $9.19 and a two-hundred day moving average of $13.00. 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 firm has a market cap of $650.26 million, a price-to-earnings ratio of 4.44, a P/E/G ratio of 1.84 and a beta of 0.73. PagerDuty has a 1-year low of $6.15 and a 1-year high of $19.70.

PagerDuty (NYSE:PD) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.05. The firm had revenue of $124.79 million for 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 for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. As a group, research analysts predict that PagerDuty will post -0.27 EPS for the current fiscal year.

Insider Buying and Selling at PagerDuty

In other PagerDuty news, Director Dan Alexandru Solomon sold 266,667 shares of the company’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $13.35, for a total value of $3,560,004.45. Following the completion of the transaction, the director owned 2,389,665 shares in the company, valued at $31,902,027.75. This represents a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 8.00% of the company’s stock.

Institutional Investors Weigh In On PagerDuty

A number of institutional investors and hedge funds have recently modified their holdings of PD. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its holdings in PagerDuty by 78.3% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 323,951 shares of the company’s stock worth $5,352,000 after purchasing an additional 142,232 shares during the period. ARK Investment Management LLC lifted its stake 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 acquiring an additional 224,769 shares during the period. Vanguard Group Inc. boosted its holdings in shares of PagerDuty by 17.1% in the third quarter. Vanguard Group Inc. now owns 12,593,954 shares of the company’s stock valued at $208,052,000 after acquiring an additional 1,840,407 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of PagerDuty during the third quarter valued at approximately $4,312,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in PagerDuty during the 2nd quarter valued at $320,000. Institutional investors and hedge funds own 97.26% of the company’s stock.

Key Stories Impacting 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

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.