PD
PagerDuty, Inc.

PagerDuty, Inc.PD

Technology · Software - Application
15.68USD
-3.39%
Nov 09, 2026
PD overview ready
AI-Enabled Digital Operations Platform for Enterprise Incident Management
PagerDuty is an operations-management enabler: its Operations Cloud ingests and correlates operational signals, routes and orchestrates incident response, supports runbook automation, and adds generative and agentic AI capabilities for triage and remediation workflows.
Primary theme is weakening
DevOps, Observability & IT Operations is weakening (-1.4pp vs SPY over 21 sessions; 3 of 6 members ahead of SPY).
Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Slower than expected revenue growth.
Market Nov 6Filing Jul 31Price action Nov 8Research Oct 22

Conviction Level

PriceAction7.1BusinessPerformance5.0BusinessQuality5.2Valuation5.5ThemeMomentum3.0Mixed — Revenue is roughly flat year over year (+0.8%). Diluted EPS fell 40% year over year to $0.06. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−1.4pp
Theme return
−6.4%
Beating SPY
3 of 6
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
EntryEarly recovery

The structure is repairing early: weekly fast averages are being reclaimed and the daily chart is recovering constructively — an early-recovery entry profile.

Key Financials

Market Cap
$1.2B
Avg Volume (60D)
1.6M
60 sessions
Revenue Growth YoY
+5.4%
FY2026 vs FY2025
Gross Margin
+84.8%
Trailing twelve months
Operating Margin
+6.5%
Trailing twelve months
Free Cash Flow Yield
+10.3%
Distance from 200DMA
+52.7%
Next Earnings
2026-11-24
P/E
6.7x
EV / EBITDA
26.4x
EV / Sales
2.3x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jul 31, 2026
Filed balance-sheet data as of Jul 31, 2026

Business Performance

Mixed

Revenue is roughly flat year over year (+0.8%). Diluted EPS fell 40% year over year to $0.06.

Latest reported: Q2 FY2027, ended Jul 31
Revenue growthFlat
+0.8%
$124M in Q2 FY2027 · YoY
YoY growth, last 4 quarters
  1. +4.7%
  2. +2.7%
  3. +1.0%
  4. +0.8%
Earnings growthDeclining
-40%
Diluted EPS $0.06 vs $0.10 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
8.2%
+5.3 pp YoY · gross margin 83.9% (-0.7 pp)

Business Quality

5.2 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Two of the three valuation perspectives say fair; intrinsic is the dissenting view.
PagerDuty, Inc. has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.

Company Research

Thesis
PagerDuty is an operations-management enabler: its Operations Cloud ingests and correlates operational signals, routes and orchestrates incident response, supports runbook automation, and adds generative and agentic AI capabilities for triage and remediation workflows.
Opportunity
Moderate opportunity
Enterprise spending on observability, AIOps, incident response, workflow automation, and AI agents that detect, triage, coordinate, and remediate disruptions across increasingly complex cloud, software, and AI workloads.
Key risk
Slower than expected revenue growth.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Software - Application
What they do

PagerDuty operates a digital operations management platform that collects and analyzes data from software-enabled systems using AI and machine learning to detect, predict, and remediate incidents in real time.

How it earns

The company primarily generates revenue through subscription-based licensing of its software platform.

Products & services
PagerDuty Incident Management
AIOps platform
Automation and runbook orchestration
Customers & end markets
Enterprise IT organizations
Technology and software companies
Market position

PagerDuty is a leader in digital operations management and incident response platforms.

Demand drivers
Low cyclicality

Demand is driven by enterprise IT operational needs which are relatively stable and recurring.