PagerDuty stock slipped 1.51 percent on October 2 as targets lag

Published on 10/04/2026 at 17:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PagerDuty stock posted Q2 FY2027 revenue of USD 124.44 million and ARR of USD 501 million. Analysts kept a Hold consensus with a USD 12.56 average target.

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PagerDuty (ISIN US69553P1003) stock was last at USD 15.34 on the NYSE on October 2, 2026 at 4:00 p.m. ET, down 1.51 percent from USD 15.57. On September 30, 2026, Executive Chair Jennifer Tejada sold 107,000 shares at a weighted average of USD 15.1097 under a pre-arranged Rule 10b5-1 plan, according to StockTitan.

Q2 revenue reaches USD 124.44 million

PagerDuty reported Q2 FY2027 revenue of USD 124.44 million for the period ended July 31, 2026, up 1 percent year over year, while annual recurring revenue reached USD 501 million. The figures came alongside USD 4.7 million in GAAP net income, the company's fifth consecutive quarter of GAAP profitability, according to The Globe and Mail.

MarketBeat reported non-GAAP EPS of USD 0.32 against a USD 0.31 consensus estimate and revenue of USD 124.44 million against USD 123.27 million expected for Q2 FY2027. The revenue result was USD 1.17 million above consensus, while the share price stood USD 1.43 below its 52-week high of USD 16.77 on October 2, 2026.

Margin guidance rises after restructuring

PagerDuty's Q2 FY2027 call described a 15 percent workforce reduction concentrated in non-customer-facing roles. Management raised full-year FY2027 non-GAAP operating margin guidance to 25 percent to 26 percent from 24 percent to 25 percent, while full-year revenue guidance stands at USD 491.5 million to USD 496.5 million, according to The Globe and Mail. The operating-margin change gives the restructuring a measurable financial purpose, but revenue guidance still points to a low-growth profile.

Consensus target stays below price

MarketBeat reports a Hold consensus from 10 covering brokerages, with three Buy ratings, five Holds and two Sells and an average price target of USD 12.56. A separate PriceTargets.com overview lists a USD 10.00 low target and a USD 15.00 high target, keeping the average below the October 2 market price, according to PriceTargets.com.

PagerDuty stock stays below yearly high

PagerDuty stock was last at USD 15.34 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with a market capitalization of USD 1.4 billion, volume of 1,194,460 shares and a 52-week range of USD 5.70 to USD 16.77. The stock's valuation now sits between improving profitability metrics and a consensus target below the current market price.