PagerDuty, Inc. (PD)

Over the past six months, PagerDuty's stock has experienced significant fluctuations and a general downtrend. The stock's 52-week range has been between $7.72 and $19.75, with a decline of -57.80% over the past year. In Q3 FY2026, PagerDuty exceeded EPS expectations but slightly missed revenue targets, leading to a small stock increase. In Q1 FY2026, the company delivered revenue at the top of its guidance range and exceeded non-GAAP operating margin expectations. In Q2 FY2025, revenue growth was within guidance, and non-GAAP operating margin exceeded expectations, but billings fell short, leading to a stock price drop. The stock reached a new 52-week low of $7.87 on February 5, 2026.

While specific seasonal patterns are not detailed, PagerDuty's demand is influenced by trends in digital infrastructure and cloud adoption. The growing complexity in digital infrastructure and increased cloud adoption are fueling demand. Analysts expect revenue growth to decelerate, implying some demand headwinds. The company is transitioning to a usage-based pricing model and focusing on scaling its Operations Cloud for the Enterprise segment. The SMB segment has experienced high churn and downgrades, primarily among tech startups affected by funding pressures.

PagerDuty, Inc. is a digital operations management platform that helps organizations prevent and resolve operational issues. The company was founded in 2009, is headquartered in San Francisco, California, and operates within the Technology sector, focusing on IT operations management (ITOM) and incident management software. PagerDuty's platform collects data and digital signals, using machine learning to correlate, process, and predict opportunities and incidents. Its major products include Incident Management, AIOps, Automation, Customer Service Operations, Status Pages, Integrations, Generative AI Assistant, and Stakeholders' Communications. The company serves diverse industries, including software and technology, telecommunications, retail, and financial services.

PagerDuty, Inc. operates in the United States and internationally, with the majority of its revenue derived from the United States. International revenue accounted for 27% of the total revenues in the second quarter of fiscal year 2025.

PagerDuty has received accolades such as the 2025 U.S. Fortune Best Workplaces for Women, 2025 Fortune Best Workplaces in Technology, recognition in the 2025 Global Top 100 Inspiring Workplaces List, and the 2025 TrustRadius Tech Cares Award. Despite these recognitions, PagerDuty has been described as one of the more challenged software stocks due to lagging growth metrics and customer churn issues, with some market sentiment suggesting a poorly designed app and competitors gaining market share.

PagerDuty's stock ownership is distributed among institutional investors, individual investors, and insiders. Approximately 49.06% of the company's stock is owned by institutional investors, 5.85% by insiders, and 45.08% by public companies and individual investors. Major institutional owners include Vanguard Group Inc., ARK Investment Management LLC, and BlackRock, Inc.