Pagaya Technologies Ltd. (PGY)

Market Cap	956.40M
Revenue (ttm)	870.69M
Net Income (ttm)	-88.69M
Shares Out	70.84M
EPS (ttm)	-1.39
PE Ratio	n/a
Forward PE	760.75
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,077,942
Open	13.16
Previous Close	13.33
Day's Range	12.53 - 13.53
52-Week Range	8.56 - 33.96
Beta	6.52
Analysts	Strong Buy
Price Target	26.94 (+99.56%)
Earnings Date	Aug 8, 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...

• Industry: Software - Infrastructure
• Sector: Technology
• Founded: 2016
• Employees: 712
• Stock Exchange: NASDAQ
• Ticker Symbol: PGY

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.

Analyst Forecast

According to 8 analysts, the average rating for PGY stock is "Strong Buy." The 12-month stock price forecast is $26.94, which is an increase of 99.56% from the latest price.

Price Target

$26.94

(99.56% upside)

Analyst Consensus: Strong Buy