Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
11 April 2019Website:
http://www.pagerduty.comNext earnings report:
29 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 12 Nov 2024 22:50:31 GMTDividend
Analysts recommendations
Institutional Ownership
PD Latest News
The slowdown in PagerDuty's revenue growth is attributed to macroeconomic conditions, not structural issues. PD's strategic pivot to focus on enterprise accounts is promising, with strong execution evident in growing large accounts and stable ARR growth. Valuation is attractive, with potential for significant upside as revenue growth accelerates, potentially reaching a share price of ~$33, representing ~76% upside.
PD's second-quarter fiscal 2025 results benefit from an expanding customer base. However, weak top-line guidance negatively impacts share price.
Two cloud-related stocks are putting pressure on the sector today.
PagerDuty's Q2 FY25 earnings report shows stabilization in customer metrics and revenue, leading to an upgrade from Sell to Hold. The company reported a 7.8% y/y revenue increase to $116 million, with ARR growing 10% y/y, indicating potential growth in H2 FY25. Management's cost control measures improved operating margins by 400 basis points, with adjusted operating margins reaching 17.3% in Q2.
PagerDuty (PD) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.19 per share a year ago.
The CFO says deals could take longer to close and smaller businesses are still “a headwind to growth.”
PagerDuty has significantly underperformed the market, with shares down over 42% in the past five years. Recent quarters have shown slowing revenue growth rates, with pressure on management to deliver an acceleration in coming periods. Ark Invest's significant ownership in PagerDuty could put additional pressure on shares if Cathie Wood decides to start selling.
Jennifer Tejada, PagerDuty CEO, joins 'Closing Bell Overtime' to talk the global tech outage, what it means for the cybersecurity space, and more.
Roku continues to gain more users in the crowded streaming market. Roblox is still dominating its growing niche of the gaming market.
Positive on PagerDuty with growth potential once the macro environment improves. PD offers a strong value proposition to organizations with regard to IT incident management. PD addresses a huge TAM and with its new products, I see potential for growth acceleration in the future.
What type of business is PagerDuty?
PagerDuty, Inc. is a rapidly growing IT company. The company's main product is the cloud-based digital management platform PagerDuty, focused on the corporate segment. The company invests heavily in research and development, and its developments are in demand in many industries, such as retail, financial services, healthcare, government agencies, education, and are competitively advantageous due to the additional benefits of using artificial intelligence to automate management processes and increase return on investment. The company was founded in 2009 and is headquartered in San Francisco, California.
What sector is PagerDuty in?
PagerDuty is in the Technology sector
What industry is PagerDuty in?
PagerDuty is in the Software Application industry
What country is PagerDuty from?
PagerDuty is headquartered in United States
When did PagerDuty go public?
PagerDuty initial public offering (IPO) was on 11 April 2019
What is PagerDuty website?
https://www.pagerduty.com
Is PagerDuty in the S&P 500?
No, PagerDuty is not included in the S&P 500 index
Is PagerDuty in the NASDAQ 100?
No, PagerDuty is not included in the NASDAQ 100 index
Is PagerDuty in the Dow Jones?
No, PagerDuty is not included in the Dow Jones index
When was PagerDuty the previous earnings report?
No data
When does PagerDuty earnings report?
The next expected earnings date for PagerDuty is 29 November 2024