Bank of America Securities Sticks to Its Sell Rating for PagerDuty (PD)
In a report released today, Koji Ikeda from Bank of America Securities maintained a Sell rating on PagerDuty, with a price target of $7.00.
Introducing TipRanks MCP for Agents
- Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools.
- Designed for personal research, portfolio monitoring, and AI-assisted investment workflows.
According to TipRanks, Ikeda is a 5-star analyst with an average return of 11.9% and a 56.72% success rate. Ikeda covers the Technology sector, focusing on stocks such as Twilio, Datadog, and JFrog.
PagerDuty has an analyst consensus of Hold, with a price target consensus of $8.86.
Based on PagerDuty’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $120.97 million and a net profit of $5.28 million. In comparison, last year the company earned a revenue of $119.81 million and had a GAAP net loss of $7.16 million
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PD in relation to earlier this year. Last month, Jennifer Tejada, the Executive Chair of PD sold 463,501.00 shares for a total of $3,228,930.92.
Read More on PD:
Disclaimer & DisclosureReport an Issue
- PagerDuty price target raised to $10 from $7 at Morgan Stanley
- PagerDuty price target raised to $7 from $6 at BofA
- PagerDuty Earnings Call Balances Profit Strength With Slow Growth
- Midday Fly By: Dell reports blowout results, Blue Origin rocket explodes
- Brian White Maintains Hold on PagerDuty Amid Strong Profitability but Decelerating Growth and Business Model Transition
