10.2% Below Target

PagerDuty, Inc. (PD) has a consensus 12-month price target of $11.33, implying 10.2% upside from $10.28. The 23 analysts covering PD see moderate appreciation potential.

PD has a consensus rating of "Hold" based on 23 Wall Street analysts. The rating breakdown is mixed, with 14 Hold ratings making up the largest segment. The consensus 12-month price target of $11.33 implies 10.2% upside from current levels.

With a forward P/E of 9.1394x, PD trades at a relatively low valuation. The consensus target of $11.33 implies 10.2% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $16 for PD, while the most conservative target is $9. The consensus of $11.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $13 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

PD is well covered by analysts, with 23 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 14 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month PD stock forecast based on 23 Wall Street analysts shows a consensus price target of $11.33, with estimates ranging from $9 (bear case) to $16 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $10, with bear/bull scenarios of $6/$13.

Our quantitative valuation model calculates PD's fair value at $10 (base case), with a bear case of $6 and bull case of $13. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 64/100.

PD trades at a forward P/E ratio of 9.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 5.5x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are optimistic on PD, with a "Hold" consensus rating and $11.33 price target (10.2% upside). 7 of 23 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

PD analyst price targets range from $9 to $16, a 62% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $11.33 consensus represents the middle ground. Our model's $6-$13 range provides an independent fundamental perspective.