PagerDuty (NYSE:PD) Price Target Lowered to $10.00 at TD Cowen

PagerDuty (NYSE:PD) had its price target reduced by TD Cowen from $20.00 to $10.00 in a research note released on Friday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Several other equities analysts have also commented on PD. Craig Hallum lowered shares of PagerDuty from a “buy” rating to a “hold” rating and dropped their price target for the company from $20.00 to $15.00 in a research note on Wednesday, November 26th. Canaccord Genuity Group restated a “buy” rating and set a $19.00 price objective on shares of PagerDuty in a research report on Wednesday, November 26th. Bank of America began coverage on shares of PagerDuty in a report on Tuesday, December 2nd. They issued an “underperform” rating and a $12.00 target price for the company. Royal Bank Of Canada dropped their target price on shares of PagerDuty from $9.00 to $8.00 and set a “sector perform” rating on the stock in a research report on Friday. Finally, Zacks Research lowered shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 26th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $12.40.

PagerDuty Trading Down 3.0%

NYSE:PD opened at $7.05 on Friday. PagerDuty has a 1 year low of $6.15 and a 1 year high of $19.70. The stock has a market cap of $646.96 million, a P/E ratio of 3.83, a P/E/G ratio of 1.82 and a beta of 0.73. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37. The stock has a 50-day simple moving average of $9.08 and a 200-day simple moving average of $12.94.

PagerDuty (NYSE:PD) last issued its earnings results on Thursday, March 12th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.05. The business had revenue of $124.79 million for the quarter, compared to analyst estimates of $122.96 million. PagerDuty had a return on equity of 17.01% and a net margin of 35.30%.The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company 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, analysts anticipate that PagerDuty will post -0.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In other PagerDuty news, Director Dan Alexandru Solomon sold 266,667 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total value of $3,560,004.45. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On PagerDuty

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its holdings in shares of PagerDuty by 252.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock valued at $27,000 after acquiring an additional 1,149 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in PagerDuty in the 3rd quarter valued at $59,000. State of Alaska Department of Revenue acquired a new stake in PagerDuty during the 3rd quarter worth $67,000. KBC Group NV boosted its stake in PagerDuty by 89.5% during the 4th quarter. KBC Group NV now owns 4,402 shares of the company’s stock worth $58,000 after purchasing an additional 2,079 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in PagerDuty during the 4th quarter worth $68,000. 97.26% of the stock is currently owned by hedge funds and other institutional investors.

Key PagerDuty News

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.