Royal Bank Of Canada Lowers PagerDuty (NYSE:PD) Price Target to $8.00

PagerDuty (NYSE:PD) had its target price lowered by research analysts at Royal Bank Of Canada from $9.00 to $8.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 13.49% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Zacks Research cut shares of PagerDuty from a “strong-buy” rating to a “hold” rating in a research note 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 report on Wednesday, November 26th. TD Cowen reaffirmed a “buy” rating on shares of PagerDuty in a report on Wednesday, November 26th. William Blair reiterated a “market perform” rating on shares of PagerDuty in a research report on Friday. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of PagerDuty in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, PagerDuty has an average rating of “Hold” and an average target price of $12.40.

PagerDuty Trading Down 3.0%

Shares of PD opened at $7.05 on Friday. The business’s 50-day moving average price is $9.08 and its 200-day moving average price is $12.92. PagerDuty has a twelve month low of $6.15 and a twelve month high of $19.70. The stock has a market cap of $646.94 million, a PE ratio of 3.83, a P/E/G ratio of 1.77 and a beta of 0.73. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.23.

PagerDuty (NYSE:PD) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.05. PagerDuty had a net margin of 35.30% and a return on equity of 17.01%. The firm had revenue of $124.79 million for the quarter, compared to the consensus estimate of $122.96 million. During the same period in the prior year, the firm posted $0.22 earnings per share. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. 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 analysts forecast that PagerDuty will post -0.27 EPS for the current fiscal year.

Insider Transactions at PagerDuty

In other PagerDuty news, Director Dan Alexandru Solomon sold 266,667 shares of PagerDuty stock in a transaction that occurred 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 completion of the sale, the director directly owned 2,389,665 shares in the company, valued at $31,902,027.75. The trade was a 10.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PagerDuty

A number of institutional investors have recently made changes to their positions in PD. Vanguard Group Inc. raised its position in shares of PagerDuty by 17.1% during the 3rd quarter. Vanguard Group Inc. now owns 12,593,954 shares of the company’s stock valued at $208,052,000 after buying an additional 1,840,407 shares in the last quarter. Ameriprise Financial Inc. grew its position in PagerDuty by 333.2% in the third 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 in the last quarter. Readystate Asset Management LP purchased a new position in PagerDuty in the third quarter worth $15,946,000. Alyeska Investment Group L.P. bought a new position in PagerDuty in the third quarter valued at $13,710,000. Finally, Danske Bank A S bought a new position in PagerDuty in the third quarter valued at $13,271,000. Institutional investors own 97.26% of the company’s stock.

More 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)

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.