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PagerDuty, Inc.

PD · NYSE

Market closed$10.30$-0.350000 (-3.29%)After hours $10.26 · -0.39%

Key statistics

Previous close$10.65
Open$10.67
Day high$10.73
Day low$10.28
52-week high$18.00
52-week low$5.70
Market cap939.49M
Volume1.03M
Average volume2.13M
P/E ratio8.31
Forward P/E—
EPS1.24
Dividend yield0.00%

Market context

Why it moved

PD shares declined amid broad market uncertainty and a lack of company-specific positive catalysts, with selling pressure pushing the stock lower throughout the session on elevated volume.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026PagerDuty fell amid a broad enterprise software selloff, as sector sentiment remained under pressure following IBM's shock Q2 earnings warning last week that flagged customers shifting IT budgets toward hardware and away from software. The decline came despite Truist Financial reiterating a Buy rating with an $11 price target, and was compounded by insider selling — CEO Jennifer Tejada filed to sell ~399K shares — and broader tech weakness tied to a deteriorating AI narrative, U.S.-Iran geopolitical tensions, and Netflix's underwhelming Q3 forecast.

-3.2864

July 17, 2026PagerDuty shares closed modestly lower, pressured by a broad software sector selloff triggered by IBM's shocking earnings warning — IBM plunged 25% after signaling clients are reprioritizing capex toward AI infrastructure hardware over software. The sector-wide anxiety arrives as PagerDuty navigates its own transition: new CEO John DiLullo at the helm, a shift from seat-based to usage-based pricing, and fresh board moves including the appointment of Alkami CEO Alex Shootman. Investors are now watching upcoming software earnings from ServiceNow and Microsoft for signs of whether IBM's headwinds are industry-wide.

-0.9302

July 16, 2026PagerDuty shares declined amid a broad software sector selloff triggered by IBM's historic 25% single-day collapse after the company warned of a Q2 revenue shortfall, attributing the miss to clients reprioritizing IT budgets toward AI hardware and memory over software spending. The sector-wide pressure weighed on PagerDuty despite company-specific news — including the appointment of Alkami CEO Alex Shootman to its board and a new EMEA leadership hire — as investors grappled with fears that AI-driven capex shifts could compress enterprise software budgets broadly, even as JPMorgan cautioned against over-extrapolating IBM's mainframe-specific headwinds to the wider software industry.

-2.1838

July 15, 2026PagerDuty shares rose modestly, outperforming a battered software sector after IBM's stunning 25% collapse rattled enterprise software peers on warnings that AI hardware spending is crowding out software budgets. Despite the sector headwinds, PagerDuty managed gains as investors rotated into oversold enterprise software names, aided by company-specific momentum: PagerDuty announced two leadership moves, appointing Arnaud Lagarde as VP of EMEA to accelerate international growth and adding Alkami CEO Alex Shootman to its board as director Elena Gomez resigned.

1.3838

July 14, 2026PagerDuty surged nearly 5% in regular trading as investors rotated into oversold enterprise software names amid profit-taking in chip stocks, with the broader software sector gaining on stabilizing macro sentiment. The company also announced the appointment of Arnaud Lagarde as VP of EMEA, signaling continued international expansion focus. However, shares are giving back most of those gains in after-hours, falling ~5%, as broader tech sentiment softened alongside geopolitical jitters from renewed U.S.-Iran tensions and a mixed setup heading into Q2 earnings season.

4.9371

July 10, 2026PagerDuty closed modestly lower, slipping back after a strong recent run, as Truist Securities raised its price target to $11 from $9 while maintaining a Buy rating following Q1 results that lifted FY2027 EPS guidance. The stock remains down over 16% year-to-date and trades well below its 52-week high, with a Seeking Alpha analyst maintaining a 'Sell' citing near-zero revenue growth and churn concerns — headwinds that persist even as the broader enterprise software sector attempts a recovery from AI-disruption fears.

-1.2428

July 10, 2026PagerDuty shares rose roughly 4% on Wednesday, outperforming the broader software sector as Truist Securities maintained its Buy rating and raised its price target on the stock from $9 to $11. The upgrade provided a tailwind amid a broader recovery narrative for beaten-down SaaS names, as investors continue to debate whether the 'SaaSpocalypse' — fears that AI agents will erode enterprise software demand — has been overpriced into the sector. PagerDuty remains down over 16% year-to-date and trades nearly 40% below its 52-week high, keeping bearish sentiment alive, with a Seeking Alpha analyst reiterating a Sell rating citing near-zero revenue growth and stock compensation risks.

4.1833

July 8, 2026PagerDuty shares declined amid a broad risk-off session as escalating U.S.-Iran tensions and a semiconductor sell-off weighed on tech stocks, with the S&P 500 retreating on geopolitical concerns. Company-specific developments included routine RSU-related insider filings — including a 600,000-unit grant to the newly appointed CFO — while a Seeking Alpha piece maintained a bearish view citing near-zero revenue growth and churn risks. The stock remains deeply depressed, down ~17% YTD and nearly 40% below its September 2025 52-week high, even as a broader enterprise software recovery narrative — fueled by Guggenheim's valuation-driven upgrades of Salesforce and ServiceNow — has provided some sector tailwinds.

-2.3346

Pulse 2.0 · July 15, 2026PagerDuty Appoints Alkami CEO Alex Shootman To Board Of DirectorsBusiness Wire · July 14, 2026PagerDuty Appoints Alex Shootman to Board of DirectorsInvesting.com · July 14, 2026PagerDuty appoints Alkami CEO Alex Shootman to boardBusiness Wire · July 13, 2026PagerDuty Announces Arnaud Lagarde, Vice President of EMEAStock Titan · July 13, 2026AI-operations firm PagerDuty taps Arnaud Lagarde to lead EMEA pushStock Titan · June 22, 2026PagerDuty taps Eric Prengel as CFO, replacing retiring Howard WilsonBusiness Wire · June 22, 2026PagerDuty Appoints Eric Prengel as Chief Financial OfficerStocksToTrade · April 26, 2026PagerDuty Stock Jumps As Activist Investor Rumors Swirl
Benzinga · July 9, 2026Truist Securities Maintains Buy on PagerDuty, Raises Price Target to $11
Mt Newswire · July 9, 2026Truist Securities Adjusts Price Target on PagerDuty to $11 From $9, Maintains Buy Rating
Mt Newswire · June 22, 2026PagerDuty Names Eric Prengel as CFO
Benzinga · June 22, 2026PagerDuty Appoints Eric Prengel CFO, Succeeding Howard Wilson
Benzinga · June 22, 2026PagerDuty Q1 2027 Earnings Call: Complete Transcript
Benzinga · June 8, 2026PagerDuty Names Ingram Micro As Exclusive Australian Distributor To Expand AI Operations Cloud Adoption Across Enterprise Markets
Benzinga · May 29, 2026RBC Capital Maintains Sector Perform on PagerDuty, Raises Price Target to $9
Mt Newswire · May 29, 2026RBC Raises Price Target on PagerDuty to $9 From $8, Keeps Sector Perform Rating

Peers

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