The Frenchman left the field on a stretcher following a challenge with Hoops midfielder Shaun Derry.
However, Pardew has revealed that club doctors have analysed the ankle knock and cleared Cabaye of any ligament damage.
"Yohan was upset. He felt it was probably a little bit over-exuberant, but the doctor thinks he is going to be okay," he said.
Pardew continued: "It was a strong challenge, but Shaun Derry is a player who makes strong challenges. The referee was right on top of it.
"I thought it was borderline yellow/red, but I think probably it was a yellow. He seemed to get the ball."