PagerDuty (PD) Reports Q1 Earnings Thursday as Revenue Growth Stalls

PagerDuty (NYSE: PD) will report its fiscal first-quarter earnings after market close on May 28, 2026, with analysts projecting revenue to be flat year over year at about $124.8 million. The digital operations platform is contending with slowing growth and a shrinking customer base after revenue rose just 2.7% in the previous quarter to $124.8 million, while full-year guidance significantly missed estimates and net customer count dropped by 47 to 15,351. For the upcoming report, the average analyst price target is $8, compared with the stock's recent close of $7.13. Shares have climbed 5.8% over the past month, trailing the 10.1% average gain for software development peers. PagerDuty has missed Wall Street revenue estimates multiple times over the last two years. By contrast, Datadog posted 32.2% revenue growth in its latest quarter, beating estimates by 4.9%, while Dynatrace grew revenue 19.4% and exceeded expectations by 2.1%. Those results highlight a divergence within the sector as investors assess PagerDuty's ability to reverse its deceleration.