PagerDuty (NYSE:PD) Updates Q2 2027 Earnings Guidance

PagerDuty (NYSE:PD) updated its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.290-0.310 for the period, compared to the consensus earnings per share estimate of 0.280. The company issued revenue guidance of $122.0 million-$124.0 million, compared to the consensus revenue estimate of $122.8 million.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on PD. Wall Street Zen lowered PagerDuty from a “buy” rating to a “hold” rating in a research note on Monday. Royal Bank Of Canada decreased their price target on PagerDuty from $9.00 to $8.00 and set a “sector perform” rating on the stock in a research note on Friday, March 13th. Truist Financial decreased their price target on PagerDuty from $12.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Canaccord Genuity Group cut their price objective on PagerDuty from $19.00 to $9.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Finally, Morgan Stanley set a $9.00 price objective on PagerDuty in a report on Thursday, February 19th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.78.

PagerDuty Price Performance

Shares of NYSE PD traded up $0.24 during mid-day trading on Thursday, hitting $7.43. 2,799,985 shares of the stock traded hands, compared to its average volume of 2,855,543. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.01 and a quick ratio of 2.01. PagerDuty has a twelve month low of $5.70 and a twelve month high of $18.00. The company has a market cap of $631.48 million, a PE ratio of 4.04, a price-to-earnings-growth ratio of 3.19 and a beta of 0.78. The firm has a 50 day simple moving average of $6.66 and a two-hundred day simple moving average of $9.43.

PagerDuty (NYSE:PD) last released its quarterly earnings data on Thursday, May 28th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.08. PagerDuty had a return on equity of 16.29% and a net margin of 35.30%.The company had revenue of $120.97 million for the quarter, compared to the consensus estimate of $119.52 million. PagerDuty has set its Q2 2027 guidance at 0.290-0.310 EPS. As a group, equities research analysts forecast that PagerDuty will post 0.34 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PD. Ameriprise Financial Inc. lifted 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 buying an additional 1,115,577 shares during the period. Alyeska Investment Group L.P. acquired a new position in PagerDuty during the 3rd quarter worth about $13,710,000. Danske Bank A S acquired a new position in PagerDuty during the 3rd quarter worth about $13,271,000. Jacobs Levy Equity Management Inc. acquired a new position in PagerDuty during the 4th quarter worth about $9,910,000. Finally, Two Sigma Investments LP lifted its holdings in PagerDuty by 184.1% during the 3rd quarter. Two Sigma Investments LP now owns 855,831 shares of the company’s stock worth $14,138,000 after buying an additional 554,611 shares during the period. 97.26% of the stock is owned by institutional investors and hedge funds.

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.