PagerDuty (NYSE:PD) Given New $9.00 Price Target at Truist Financial

PagerDuty (NYSE:PD) had its price objective lowered by Truist Financial from $12.00 to $9.00 in a research note published on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the stock. TD Cowen dropped their price objective on shares of PagerDuty from $20.00 to $10.00 and set a “buy” rating on the stock in a report on Friday. 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. Zacks Research lowered shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 26th. Canaccord Genuity Group restated a “buy” rating and set a $19.00 price target on shares of PagerDuty in a research note on Wednesday, November 26th. Finally, Craig Hallum downgraded shares of PagerDuty from a “buy” rating to a “hold” rating and cut their price objective for the stock from $20.00 to $15.00 in a report on Wednesday, November 26th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $12.40.

PagerDuty Stock Performance

Shares of PD opened at $7.05 on Friday. The firm has a market cap of $646.96 million, a PE ratio of 3.83, a PEG ratio of 1.82 and a beta of 0.73. The stock’s fifty day moving average price is $9.08 and its two-hundred day moving average price is $12.94. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.37 and a quick ratio of 2.37. PagerDuty has a 1 year low of $6.15 and a 1 year high of $19.70.

PagerDuty (NYSE:PD) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.05. The firm had revenue of $124.79 million for the quarter, compared to analysts’ expectations of $122.96 million. PagerDuty had a return on equity of 17.01% and a net margin of 35.30%.The business’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 firm 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. On average, equities research analysts forecast that PagerDuty will post -0.27 EPS for the current year.

Insider Buying and Selling

In other PagerDuty news, Director Dan Alexandru Solomon sold 266,667 shares of PagerDuty stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the completion of the transaction, the director owned 2,389,665 shares of the company’s stock, valued at $31,902,027.75. The trade was a 10.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 8.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On PagerDuty

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of 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 buying an additional 472,975 shares in the last quarter. ARK Investment Management LLC grew its stake in PagerDuty by 2.6% during the third quarter. ARK Investment Management LLC now owns 8,827,404 shares of the company’s stock valued at $145,829,000 after acquiring an additional 224,769 shares in the last quarter. Geode Capital Management LLC increased its holdings in PagerDuty by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 2,113,117 shares of the company’s stock worth $27,708,000 after acquiring an additional 58,881 shares during the period. Ameriprise Financial Inc. increased its holdings in PagerDuty by 333.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,450,429 shares of the company’s stock worth $23,961,000 after acquiring an additional 1,115,577 shares during the period. Finally, Loomis Sayles & Co. L P lifted its stake in PagerDuty by 0.3% in the 4th 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 in the last quarter. 97.26% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting PagerDuty

Here are the key news stories impacting PagerDuty this week:

• Positive Sentiment: Q4 EPS beat and margin progress — PagerDuty reported EPS above consensus and highlighted improved profitability and a full-year EPS guide that tops street estimates, supporting the company’s path to sustained GAAP profitability. PagerDuty Announces Fourth-Quarter and Full-Year Fiscal 2026 Financial Results
• Positive Sentiment: AI/product push — PagerDuty announced expansions to its AI ecosystem and a Spring 2026 platform release, which could drive product-led growth and higher enterprise stickiness if adoption accelerates. PagerDuty Expands AI Ecosystem
• Neutral Sentiment: Analyst support remains mixed — some shops (e.g., TD Cowen, Truist, Canaccord) have kept buy/positive stances even after lowering targets, indicating belief in longer-term upside despite near-term headwinds. TD Cowen/TipRanks Coverage
• Negative Sentiment: Revenue guidance and churn concerns — management guided Q1 and FY revenue below consensus ranges and discussed churn/usage headwinds, which directly hit growth expectations and investor confidence. PagerDuty’s Q4 Sales Beat But Stock Drops
• Negative Sentiment: Multiple price-target cuts and a downgrade — several firms trimmed targets (RBC to $8, TD Cowen to $10, Canaccord/Truist to $9) and William Blair downgraded the name after the quarter, amplifying selling pressure. William Blair Downgrade (Seeking Alpha) TD Cowen PT Cut (StreetInsider) RBC PT Cut (TickerReport)
• Negative Sentiment: Market reaction — shares fell sharply after the print as investors punished the revenue guide and margin/cash-flow signs, reinforcing near-term downside risk. Stock Tumbles on Weak Outlook (Investing.com)

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.