Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of PagerDuty, Inc. (“PagerDuty” or “the Company”) (NYSE: PD). Investors who purchased PagerDuty securities are encouraged to obtain additional information and assist the investigation.

The investigation concerns whether PagerDuty has violated federal securities laws.

Investigation Details

On November 25, 2025, PagerDuty released its third-quarter fiscal 2026 financial results, revealing, among other things, “Dollar-based net retention rate was 100% as of October 31, 2025, compared to 107% as of October 31, 2024.” The Company also cut its full-year financial outlook to “revenue of $490.0 million – $492.0 million (compared to the previous guidance of $493.0 million – $497.0 million), representing a growth rate of 5% year over year.” During the related earnings call, the Company’s CFO stated “[a]lthough the number of customers churning and downgrading is trending downwards, the dollar value of the contraction, driven by seat-based reductions and customer budget caution has been larger than we forecast.” Following this news, PagerDuty’s stock price dropped.

What’s Next?

If you are aware of any facts relating to this investigation or purchased PagerDuty securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660