PagerDuty's upcoming earnings report is crucial, given the expected EPS of $0.15 and the company's history of mixed stock price reactions post-earnings. The current bearish sentiment, indicated by a 26.57% decline in share price over the last year, suggests that investors are cautious. The impact of the earnings report on PD's stock price in the short term is uncertain, as it will depend on whether the company meets or exceeds the EPS expectations and provides positive guidance for the future.