Feed / PD

PagerDuty, Inc.

PD

Technology · 15.35 +1.6% today

Participation confirmed · construction unavailableMarket checked 2 Oct, 12:00 GMT-4

Market read

PagerDuty, Inc.'s move is spreading beyond its market group.

No new filing conclusion is available. 6 of 40 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company+1.6% todayVolume comparison unavailable
Market group6 of 40 activeSoftware Stocks · inactive
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 26 of 40 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • CXM remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 14 of 40 members or fewer.

Watch this read

Research brief

The story so far

Technology · Software - Application

No new filing conclusion is available. 6 of 40 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 26 of 40 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • CXM remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Oct 2, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations334
Usable filing statements123
Verified relationships6
Evidence supporting the case
  • Latest annual revenue changed +5.4% year over year.
  • Operating margin changed +14.0 percentage points in the latest annual period.
  • Net margin changed +44.3 percentage points in the latest annual period.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 6 filings.
  • Foreign exchange has repeated adverse evidence across 5 filings.
  • Product pipeline and R&D has repeated adverse evidence across 5 filings.
Questions before a position
  • P/E is 90% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 60% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 1, 2026

15.57
6m+125.0%12m-5.2%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-01-31$281.4M+31.8%$-1.27+6.2%
2023-01-31$370.8M+31.8%$-1.45+5.0%
2024-01-31$430.7M+16.2%$-0.89+4.1%
2025-01-31$467.5M+8.5%$-0.59-0.4%
2026-01-31$492.5M+5.4%$1.87+1.1%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 6 filings
“Interest expense decreased primarily due to a decrease in interest expense related to our convertible notes, driven by the repayment of the 2025 Notes during six months ended July 31, 2025.”
10-Q · Aug 27, 2026 ↗
Foreign exchangemixed · 5 filings
“Cash Flow Information The following table sets forth our cash flows for the periods indicated (in thousands): Six months ended July 31, 2026 2025 $ Change Net cash provided by operating activities $ 81,229 $ 64,644 $ 16,585 Net cash used in investing activiti…”
10-Q · Aug 27, 2026 ↗
Product pipeline and R&Dnegative · 5 filings
“Research and development expenses decreased primarily due to: (i) a decrease of $5.4 million in personnel costs primarily as a result of a decrease in stock-based compensation; offset by (ii) an increase of $1.1 million in costs to support the business and re…”
10-Q · May 28, 2026 ↗
Restructuring and cost reductionsnegative · 2 filings
“In July 2023, the Company recorded an impairment charge of $ 1.2 million, of which $ 0.4 million related to leasehold improvements and $ 0.8 million related to right-of-use lease assets and liabilities abandoned in the period as a result of the San Francisco…”
10-K · Mar 12, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.9× · EV/sales 3.3×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

15.35+1.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 2 Oct, 12:00 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for PD. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for PD. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind PD

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AMZNAmazon.com, Inc.partnerMar 12, 2026 ▾

“In addition to deep, native integrations to a range of widely used technologies, such as Microsoft, Amazon Web Service (“AWS”), Datadog, Grafana, GitHub, and many bidirectional integrations such as Atlassian, Salesforce, ServiceNow, Slack, and Zendesk, we pro…”

CRMSalesforce, Inc.partnerMar 12, 2026 ▾

“In addition to deep, native integrations to a range of widely used technologies, such as Microsoft, Amazon Web Service (“AWS”), Datadog, Grafana, GitHub, and many bidirectional integrations such as Atlassian, Salesforce, ServiceNow, Slack, and Zendesk, we pro…”

DDOGDatadog, Inc.partnerMar 12, 2026 ▾

“In addition to deep, native integrations to a range of widely used technologies, such as Microsoft, Amazon Web Service (“AWS”), Datadog, Grafana, GitHub, and many bidirectional integrations such as Atlassian, Salesforce, ServiceNow, Slack, and Zendesk, we pro…”

Filing peers

NOWASANIOT

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

PD is currently a Participant in the organic co-movement group Software Stocks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.