Morgan Stanley has adjusted its price target for PagerDuty (PD, Financial), reducing it from $20 to $17. Despite this downward revision, the firm maintains its Equal Weight rating on the stock.
This move is part of a broader reevaluation by Morgan Stanley, focusing on the risk/reward dynamics for numerous software companies. The reassessment considers the impact of tariff-related uncertainties and the extent to which these risks have been factored into the current share prices.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for PagerDuty Inc (PD, Financial) is $20.55 with a high estimate of $26.00 and a low estimate of $16.00. The average target implies an upside of 34.72% from the current price of $15.25. More detailed estimate data can be found on the PagerDuty Inc (PD) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, PagerDuty Inc's (PD, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for PagerDuty Inc (PD, Financial) in one year is $30.15, suggesting a upside of 97.7% from the current price of $15.25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the PagerDuty Inc (PD) Summary page.
