PagerDuty, Inc. (PD) AI Stock Analysis

PagerDuty, Inc. is a provider of digital operations management solutions headquartered in San Francisco, California. Founded in 2009, the company operates across the United States, Japan, and globally, employing 1,155 people. Its platform collects digital signals from software-enabled systems and devices, applying machine learning to correlate, process, and predict issues and opportunities in real time. PagerDuty serves customers across multiple sectors, including software and technology, telecommunications, retail, travel and hospitality, media and entertainment, and financial services, assisting organizations with operational visibility, incident response, resilience, and service reliability.

PagerDuty expanded its revenue from $281.4M in FY2022 to $492.5M in FY2026, delivering an 18.2% 5-year revenue CAGR. Top-line expansion slowed over this span, moving from 31.8% in FY2022 and FY2023 to 16.2% in FY2024, 8.5% in FY2025, and 5.4% in FY2026. Gross margin strengthened each year from 81.0% in FY2023 to 84.9% in FY2026. Operating margin turned positive at 1.2% in FY2026, resulting in net income of $173.9M and diluted EPS of $1.17. Over the trailing twelve months, revenue reached $494.7M with an operating margin of 8.2% and EPS of $2.02. In the latest quarter ending July 31, 2026, quarterly revenue growth slowed to 0.8% year-over-year, while quarterly earnings declined 40.0%.

As of July 31, 2026, PagerDuty held $470.0M in cash and short-term investments against total debt of $412.8M, resulting in net cash of $57.2M. The company reported total assets of $958.3M and shareholders' equity of $232.0M, with a current ratio of 2.02 and a debt-to-equity ratio of 1.78. In FY2026, operating cash flow stood at $114.9M and free cash flow reached $111.9M. Capital expenditures were $2.9M, while share buybacks totaled $134.9M, contributing to a 5-year share count change of -6.8%.

At a share price of $16.16, PagerDuty has a market capitalization of $1.27B and an enterprise value of $1.11B. The stock trades at a trailing P/E of 8.0x and a forward P/E of 11.0x, both below the median of its US-listed Technology peers (28.1x trailing and 18.8x forward). Its price-to-sales multiple is 2.6x versus the peer median of 2.8x, while its EV/EBITDA of 18.4x is above the peer median of 16.6x. PagerDuty's 1-year return of 2.7% trails the S&P 500 (SPY) return of 16.8%, and its 5-year return of -60.9% lags the index return of 83.0%.

Wall Street coverage includes 3 Strong Buy, 0 Buy, 4 Hold, 1 Sell, and 1 Strong Sell recommendations. The consensus mean price target is $12.64, representing a -21.8% difference from the last close of $16.16. For the current fiscal year ending January 31, 2027, consensus estimates forecast EPS of $1.36 on revenue of $494.3M. For the next fiscal year, 9 analysts project revenue of $504.3M, reflecting 2.0% growth, and EPS of $1.47. PagerDuty has beaten EPS estimates in each of the last 4 quarters, and its next earnings date is November 24, 2026.

This page is an AI-written research summary of PagerDuty, Inc. (PD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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