Pagaya Technologies Ltd. (PGY)
Market Cap | 666.04M |
Revenue (ttm) | 812.05M |
Net Income (ttm) | -128.44M |
Shares Out | 70.48M |
EPS (ttm) | -2.14 |
PE Ratio | n/a |
Forward PE | 29.76 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 924,094 |
Open | 9.69 |
Previous Close | 9.79 |
Day's Range | 9.39 - 9.80 |
52-Week Range | 8.90 - 33.96 |
Beta | 6.69 |
Analysts | Strong Buy |
Price Target | 38.08 (+302.96%) |
Earnings Date | May 14, 2024 |
About PGY
Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial institutions and investors in the United States, Israel, the Cayman Islands, and internationally. The company develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. Its partners include high-growth financial technology companies, incumbent banks and financial institutions, auto finance pr... [Read more]
Financial Performance
In 2023, PGY's revenue was $812.05 million, an increase of 8.43% compared to the previous year's $748.93 million. Losses were -$128.44 million, -59.16% less than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for PGY stock is "Strong Buy." The 12-month stock price forecast is $38.08, which is an increase of 302.96% from the latest price.
News
Pagaya Announces Timing of First Quarter 2024 Earnings Release
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies (NASDAQ: PGY) intends to announce its first quarter 2024 earnings on May 9, 2024. A conference call to discuss those earnings will be held on the same da...
Pagaya to Form Strategic Advisory Board, Chaired by New Board Member and Former Apple and Goldman Sachs Executive, Tami Rosen
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (“Pagaya”) (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today the creati...
Pagaya to Webcast Fireside Chat with CEO Gal Krubiner, CFO Evangelos Perros and President Sanjiv Das on March 26, 2024
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya,” the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial eco...
Pagaya Announces Pricing of 7,500,000 Class A Ordinary Shares
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya,” the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial eco...
Pagaya Announces Public Offering of Class A Ordinary Shares
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya,” the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial eco...
Pagaya Continues Strong Momentum, Raising More Than $1 Billion Across Two New ABS Deals
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today ann...
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Trust 2024-3
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of notes issued by Pagaya AI Debt Trust 2024-3 (“PAID 2024-3”), a consumer loan ABS transaction. PAID...
Pagaya Announces Effective Date for Reverse Stock Split
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial eco...
Pagaya to Participate in Upcoming Investor Conferences
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies Ltd. (“Pagaya” or the “Company”), a global technology company delivering artificial intelligence infrastructure for the financial ecos...
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2024-1 and Research-Driven Pagaya Motor Trust 2024-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2024-1 and Research-Driven Pagaya Motor Tr...
Pagaya Reports Fourth Quarter and Full Year 2023 Results
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--4Q23 Earnings Release.
Pagaya Closes Another $400 Million Consumer Loan Asset-Backed Securitization
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today ann...
Pagaya Names Evangelos Perros as Chief Financial Officer
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial eco...
US Bank Taps Pagaya's Credit Intelligence Network for Personal Loans
U.S. Bank said Thursday (Feb. 15) that more than 2,000 of its clients have been approved for personal loans over the past few months thanks to the technology and credit intelligence network enabled by...
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Trust 2024-2
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of notes issued by Pagaya AI Debt Trust 2024-2 (“PAID 2024-2”), a consumer loan ABS transaction. PAID...
Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance Products
Pagaya Technologies has secured a credit facility worth $280 million from top global asset managers and financial institutions.
Pagaya Closes Five-Year $280M Credit Facility with BlackRock, UBS, JPMorgan Chase and Other Lenders
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced...
Pagaya Closes New $400 Million Consumer Loan Deal, Reflecting Continued Strong Investor Demand
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today ann...
Pagaya Announces Timing of Fourth Quarter 2023 Earnings Release
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies (NASDAQ: PGY) intends to announce its fourth quarter 2023 earnings on February 21, 2024. A conference call to discuss those earnings w...
Pagaya to Participate in 26th Annual Needham Growth Conference
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies Ltd. (“Pagaya” or the “Company”), a global technology company delivering artificial intelligence infrastructure for the financial ecos...
Pagaya Announces Strategic Actions to Enhance Marketability of its Stock, Strong Financial Outperformance in 4Q23 and FY23
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial eco...
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Trust 2024-1
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns ratings to eight classes of notes issued by Pagaya AI Debt Trust 2024-1 (“PAID 2024-1”), a consumer loan ABS transaction. PAID 2024-1 has initial credit...
Pagaya Announces Partnership with Exeter Finance, Further Scaling its Auto Lending Product
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (the “Company” or “Pagaya”), a global technology company delivering AI-driven product solutions for the financial ecosystem, has annou...
Pagaya Technologies Names Former Xerox Executive Nicole Torraco to its Board of Directors
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies Ltd. (“Pagaya”) (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, announc...
Pagaya's Strong Momentum Continues with Closing of Fourth Auto Asset-Backed Securitization Deal of 2023
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today ann...