Pagerduty, Inc. | PD

Daily Technical Analysis of Pagerduty, Inc.

Not too much action today, Pagerduty drifted down slightly. We'll see where it goes next. PD is currently at a weak resistance line, price may carry its momentum forward and break through or potentially reverse and head down lower. Hard to say, I probably wouldn't bet the farm on that alone... PD hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't presented the buying pressure to make me feel certain it can punch through.

If the price breaks through the resistance level it will probably move up to the $20.23 where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $15.61 level, hard to say where it will go from there though.

Analyst Ratings for Pagerduty By Price Target And Rating

The analysts are pretty neutral on PagerDuty right now, so not much useful information here. The current Analysts Sentiment Score is -0.07. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Bank of America announced that they are initiating coverage with a rating of Buy on 2023-12-14 and added a price target of $30.00. Morgan Stanley announced a lowering of their price target to $30.00 from $32.00 on 2023-12-01. Royal Bank of Canada announced a lowering of their price target to $31.00 from $32.00 on 2023-12-01. TD Cowen downgraded from Outperform to Market Perform on 2023-12-01 and decided to decrease their price target by -20.69% down to $23.00. Robert W. Baird released a downgrade on 2023-09-01 from Outperform to Neutral and they lowered their price target by -21.88% to $25.00 from a previous target of $32.00. On 2023-09-01 Craig Hallum lowered their price target by -3.85% to $25.00. Truist Financial decided to move down their price target on 2023-09-01 to $25.00 which is a -16.67% decrease. On 2023-01-27 Credit Suisse Group increased their price target by 21.88% to $39.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for PagerDuty

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for PagerDuty

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.