PagerDuty slides after cutting FY revenue forecast

Shares of PagerDuty PD.N fall 6.1% to $14.25 premarket after software firm trims FY26 revenue outlook

Co sees FY26 rev outlook of $490 mln-$492 mln vs prior $493 mln-$497 mln; cites pricing and go-to-market transition as reason for forecast cut; expects Q4 revenue of $122 mln-$124 mln

Co posts Q3 adj EPS of 33 cents vs 25 cents expected, according to data compiled by LSEG

Q3 revenue rises 4.7% YoY to $124.5 mln

Six of 9 analysts rate stock "buy" or higher, three rate it "hold"; median PT at $18 - data compiled by LSEG

Up to last close, stock down 16.87% YTD