AlphAIalphai — Financial news for AI agents
markets.financialcontent.comMAY 284 min read$PDBullishHigh

PagerDuty’s (NYSE:PD) Q1 CY2026 Sales Top Estimates, Stock Jumps 14.7%

PagerDuty (NYSE: PD) reported Q1 CY2026 revenue of $121 million, flat year over year but 1.2% above Wall Street estimates, according to the company. Non-GAAP EPS was $0.33, 33.2% above consensus. The company guided Q2 revenue to about $123 million and expects flat sales; billings were $115.6 million. Shares rose 14.7% to $8.52.

AI DeskMay 28, 2026
Source · markets.financialcontent.com
AI analysis
Relevance
9/10
Novelty
9/10
Actionability
High
Sentiment · $PD
Bullish
Timing
after-hours reaction / immediately following results
Market alignment
risk-on for PD given revenue beat and EPS outperformance despite flat growth
Why this matters for $PD

Beat on revenue and EPS with next-quarter revenue near consensus likely supports near-term upside, but flat-year growth guidance caps momentum.

Relevance context

PagerDuty reported Q1 CY2026 revenue above estimates ($121M) and guided next-quarter revenue to ~$123M, driving a +14.7% stock jump.

Price-impact prediction

Bullish bias for the next few sessions, with elevated volatility as investors weigh flat revenue outlook vs the EPS beat.

Background

PagerDuty is a digital operations/incident response platform; the article frames results around revenue vs billings and customer growth trends.

Why it matters

Near-term trading is driven by the earnings beat and next-quarter revenue guidance near estimates, but the longer-term narrative is demand slowing and flat revenue expectations.

Market relevance

A single-stock earnings/guidance update with a large immediate price reaction and mixed forward signals (flat revenue outlook vs EPS strength).

Market effects

Sector

Reinforces that software names can rally on EPS/estimate beats even when topline growth is flat, but demand slowdown remains a key valuation risk.

Regional

Primarily US software sentiment; limited direct regional spillover beyond US-listed SaaS/ops-management peers.

Global

Low—specific to PagerDuty’s reported quarter and guidance rather than a global macro or regulatory shock.

Alternative perspectives

Contrarian view

The stock pop may fade because management guides flat sales and billings growth is weak, implying cash collection and growth quality concerns.

Overlooked factors

Billings averaged only ~1.2% YoY over four quarters (cash revenue lag) and full-year revenue guidance is described as in line, not upside—both can pressure follow-through after the initial EPS/revenue beat.

Key entities

  • company
    PagerDuty

    Reported Q1 CY2026 revenue of $121M (beat) and guided next-quarter revenue to ~$123M (flat/near consensus), with stock up 14.7%.

Read at source← All news

Related articles

JUN 3
$PDMedAI 8/10

PagerDuty (NYSE:PD) Stock Price Down 9.4% – What’s Next?

PagerDuty (NYSE:PD) shares fell about 9.4% mid-day Wednesday to around $9.19, after closing at $10.14. The stock traded as low as $9.23 on lighter-than-usual volume. Analysts cited mixed views: Canaccord raised its target to $10 (buy) while Truist cut to $9 (buy) and others shifted to hold/sell. The company reported $0.32 EPS and $120.97M revenue for the quarter, and approved a $100M buyback.

themarketsdaily.com6 min
JUN 2
$ESTCMedAI 9/10

Morgan Stanley slashes targets on 3 software stocks after earnings

Morgan Stanley cut price targets on Elastic, UiPath and PagerDuty after their earnings, citing uneven AI impact across software. For Elastic, it kept Equal Weight and lowered the target to $73 from $80; Q4 remaining performance obligations rose 20% to $1.2B and RPO 27% to $1.98B. For UiPath, target fell to $15 from $17; FY2027 ARR guidance was $2.058B–$2.063B. PagerDuty target was cut to $7 from $10.

finance.yahoo.com6 min
MAY 29
$NXTHighAI 9/10

Stocks making the biggest moves midday: NXT, ASTS, DELL, NTAP

Midday movers: Energy stocks fell for a fourth straight day after President Trump said he is close to a final determination on a U.S.-Iran deal; OneOK down 3%+, Chevron and Exxon down ~0.8% each, Occidental down 1%+. NextPower jumped 13% after buying Prevalon Energy for ~$365M and raising revenue guidance. Dell surged 29% after raising full-year guidance to $17.90 EPS and $165B–$169B revenue. Other notable moves included HPE +14%, AST SpaceMobile -17% after a Blue Origin test failure, and Okta +

cnbc.com4 min
MAY 29
$PDMedAI 9/10

PagerDuty (NYSE:PD) Shares Gap Up Following Strong Earnings

PagerDuty shares (NYSE:PD) rose at the open Friday after the company reported quarterly results above expectations. The stock closed at $7.44 and opened at $9.33. PagerDuty posted EPS of $0.32 vs. $0.24 consensus and revenue of $120.97M vs. $119.52M. It also authorized a $100M buyback and set Q2 2027 guidance of $0.290–$0.310 EPS.

dailypolitical.com6 min
MAY 29
$DELLHighAI 9/10

Stocks making the biggest moves premarket: Dell Technologies, HP, AST SpaceMobile, Gap & more

Dell shares rose nearly 37% premarket after the company raised full-year guidance to adjusted EPS of $17.90 and revenue of $165B–$169B, versus LSEG expectations of $13.09 and $142.5B. HP gained over 17%. American Eagle fell ~11% on weaker sales and Q2 operating income guidance. Gap dropped 15% after cutting its sales outlook. AST SpaceMobile slid ~15% after a Blue Origin test explosion. Okta, NetApp, Asana, MongoDB and PagerDuty rose on guidance/earnings beats, while American Eagle, Gap, Autodes

cnbc.com6 min