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A Quick Look at Today's Ratings for PagerDuty(PD.US), With a Forecast Between $23 to $26

Futu News ·  Nov 28, 2024 21:00  · Ratings

On Nov 28, major Wall Street analysts update their ratings for $PagerDuty (PD.US)$, with price targets ranging from $23 to $26.

BofA Securities analyst Koji Ikeda maintains with a buy rating, and maintains the target price at $23.

Baird analyst Robert Oliver maintains with a hold rating.

Truist Financial analyst Joel Fishbein maintains with a buy rating.

Monness analyst Brian White maintains with a hold rating.

Craig-Hallum analyst Jeff Van Rhee maintains with a buy rating, and maintains the target price at $26.

Furthermore, according to the comprehensive report, the opinions of $PagerDuty (PD.US)$'s main analysts recently are as follows:

  • PagerDuty has maintained ARR growth at a steady 10% for four consecutive quarters while witnessing a modest improvement in revenue growth in Q3. However, delayed deals have postponed the expected acceleration in ARR to FY26. Observations post-earnings indicate signs of business stabilization, which are viewed as encouraging, yet a more significant growth inflection is anticipated before further reassessment.

  • The company's recent financial report was notable for outperforming expectations in both revenue and profitability, with an adjusted fiscal 2025 revenue forecast. Analysts find the underlying business drivers compelling, albeit they are adopting a cautious stance for the fiscal 2026 projections.

Here are the latest investment ratings and price targets for $PagerDuty (PD.US)$ from 5 analysts:

StockTodayLatestRating_nn_77253576969554_20241128_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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