Pagaya Technologies Ltd. (PGY)

NASDAQ: PGY · Real-Time Price · USD
10.66
-0.90 (-7.79%)
At close: Mar 28, 2025, 4:00 PM
10.68
+0.02 (0.23%)
After-hours: Mar 28, 2025, 7:59 PM EDT
-7.79%
Market Cap 802.68M
Revenue (ttm) 1.03B
Net Income (ttm) -401.41M
Shares Out 75.30M
EPS (ttm) -5.66
PE Ratio n/a
Forward PE 5.47
Dividend n/a
Ex-Dividend Date n/a
Volume 1,475,836
Open 11.40
Previous Close 11.56
Day's Range 10.30 - 11.30
52-Week Range 8.20 - 19.20
Beta 6.01
Analysts Strong Buy
Price Target 21.61 (+102.72%)
Earnings Date May 8, 2025

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. It develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. The company’s partners include high-growth financial technology companies, incumbent banks and financial institutions, auto finance p... [Read more]

Sector Technology
Founded 2016
Employees 553
Stock Exchange NASDAQ
Ticker Symbol PGY
Full Company Profile

Financial Performance

In 2024, Pagaya Technologies's revenue was $1.03 billion, an increase of 27.12% compared to the previous year's $812.05 million. Losses were -$401.41 million, 212.5% more than in 2023.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for PGY stock is "Strong Buy." The 12-month stock price forecast is $21.61, which is an increase of 102.72% from the latest price.

Price Target
$21.61
(102.72% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Pagaya: Coast Is Clearing, Preparing For Bullish Run (Rating Upgrade)

Pagaya Technologies is improving its financial health by writing off bad loans from 2021-2023 and expects GAAP profitability by 2025. The company reported record network volume and revenue growth, wit...

1 day ago - Seeking Alpha

Pagaya Closes New AAA-Rated $500 Million Consumer Loan ABS Deal

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...

16 days ago - Business Wire

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-2 and Pagaya AI Debt Trust 2025-2

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 11 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-2 and Pagaya AI Debt Trust 2025-2 (collectively “PA...

25 days ago - Business Wire

Pagaya: Is It Safe To Get In This Water

Pagaya's recent results and strong 2025 outlook hinge on ending write-offs and impairment charges, with management confident in improved visibility and reduced future impairments. Pagaya's AI-driven s...

5 weeks ago - Seeking Alpha

Pagaya: Severely Undervalued Despite Improving Business Performance

Pagaya reported record network volume, take rate, FRLPC margin, and adjusted EBITDA in Q4 2024, a testament to the quality of its product. By taking a final impairment loss on vintage loans spanning 2...

5 weeks ago - Seeking Alpha

Pagaya's AI-Powered Ascent: A Fintech Force To Watch

Pagaya Technologies Ltd. is a fintech company leveraging AI to enhance financial services, showing impressive revenue growth and profitability but facing funding cost unpredictability and competitive ...

5 weeks ago - Seeking Alpha

Pagaya Technologies Ltd. (PGY) Q4 2024 Earnings Call Transcript

Pagaya Technologies Ltd. (NASDAQ:PGY) Q4 2024 Results Conference Call February 13, 2025 8:30 AM ET Company Participants Josh Fagen - Head of Investor Relations Gal Krubiner - Chief Executive Officer ...

6 weeks ago - Seeking Alpha

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Pagaya Technologies Ltd. (PGY) and Encourages Stockholders to Learn More About the Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Pagaya Technologies Ltd. ("Pagaya" or "the Company") (NASDAQ:PGY).

6 weeks ago - Accesswire

Pagaya Reports Fourth Quarter and Full Year 2024 Results

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure fo...

6 weeks ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Encourages Pagaya Technologies Ltd. (PGY) Investors to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / February 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Pagaya Technologies Ltd. ("Pagaya" or "the Com...

6 weeks ago - Accesswire

BREAKING: Pagaya Technologies Down 13% and Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm

BOSTON, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Pagaya Technologies (Nasdaq: PGY) for potential securities law violations. Investors who have lost money in their Pagaya Tech...

6 weeks ago - GlobeNewsWire

Pagaya's Strong Momentum Continues with Closing of $300 Million Auto 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...

6 weeks ago - Business Wire

Pagaya Announces Forward Flow Agreement with Blue Owl Managed Funds to Purchase up to $2.4 Billion of Consumer Loans Originated on the Pagaya Network

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...

7 weeks ago - Business Wire

Pagaya Closes $600 Million Consumer Loan ABS, Reflecting Strong Capital Markets Demand to Start the Year

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...

2 months ago - Business Wire

KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-1 and Research-Driven Pagaya Motor Trust 2025-1

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2025-1 and Research-Driven Pagaya Motor Tr...

2 months ago - Business Wire

Pagaya: 2025 Will Be A Year Of Clarity, Strong Buy

With its unique investor network, Pagaya is all set to scale its business by approving more loans through its lending partners. Even with the most conservative valuation of its share price, Pagaya rem...

2 months ago - Seeking Alpha

Pagaya Announces Timing of Fourth Quarter 2024 Earnings Release

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies (NASDAQ: PGY) intends to announce its fourth quarter 2024 earnings on February 13, 2025. A conference call to discuss those earnings will be held on the ...

2 months ago - Business Wire

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-1 and Pagaya AI Debt Trust 2025-1

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 11 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-1 and Pagaya AI Debt Trust 2025-1 (collectively “PA...

2 months ago - Business Wire

Pagaya: Worth The Risk? Waiting Until 2025

Pagaya Technologies leverages AI and machine learning to improve loan decision-making, aiming to enhance lender's customer acquisition and underwriting accuracy. Despite strong Q3 results, concerns re...

3 months ago - Seeking Alpha

Pagaya Announces Appointment of Two Fintech Veterans as Independent Directors to its Board

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (“Pagaya”) (NASDAQ: PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, announced today...

3 months ago - Business Wire

Pagaya Technologies: My Top Stock Pick For 2025

Artificial intelligence is driving US equity markets, with application companies like Pagaya poised to benefit significantly, similar to the Internet revolution. Despite credit losses and geopolitical...

3 months ago - Seeking Alpha

Pagaya Announces New $600 Million Consumer Loan ABS Deal, Underscoring Strong Momentum Ahead of 2025

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...

3 months ago - Business Wire

Pagaya Expands Term Loan with Improved Terms and Additional Corporate Lending Partners

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...

4 months ago - Business Wire

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2024-11 and Pagaya AI Debt Trust 2024-11

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of notes issued by Pagaya AI Debt Grantor Trust 2024-11 and Pagaya AI Debt Trust 2024-11 (collectively...

4 months ago - Business Wire

Pagaya Technologies: I'm Still Bearish, Sell

I believe Pagaya Technologies is overvalued, with negligible free cash flow and a balance sheet riddled with restrictions, making it a sell. Despite Pagaya's earnings, EBITDA, and cash flow, its free ...

4 months ago - Seeking Alpha