RBC Capital Lowers its Price Target on PagerDuty, Inc. (PD) to $9 and Maintains a Sector Perform Rating

On February 11, 2026, RBC Capital expert Matthew Hedberg lowered his terms people connected PagerDuty, Inc. (NYSE:PD) to $9 from $15 and maintained a Sector Perform standing arsenic portion of a broader fourth-quarter bundle net preview. The steadfast said antagonistic capitalist sentiment toward bundle continues to measurement connected the radical and noted a penchant for companies with a clearer way to AI monetization and consolidation crossed cyber, data, and infrastructure, and vertical SaaS. RBC besides said it is updating terms people models to bespeak important year-to-date aggregate compression.

Earlier, connected February 5, 2026, Truist reduced its terms people to $12 from $16 and kept a Buy standing successful a broader enactment connected Infrastructure Software names. The steadfast said the assemblage pullback is being driven much by concerns astir terminal worth than near-term fundamentals, making AI narratives progressively important. Truist added that vendors relying chiefly connected seat-based models were among the worst performers successful 2025 and person continued to lag aboriginal successful 2026, and said it sees traction successful AI usage cases and a displacement distant from seat-based deployments arsenic cardinal strategical priorities.

PagerDuty, Inc. (NYSE:PD) operates a integer operations absorption level that collects and processes information from software-enabled systems and devices, utilizing instrumentality learning to correlate and foretell incidents and opportunities.

While we admit the imaginable of PD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.