Pagaya Technologies Ltd. (PGY)

Market Cap	1.06B
Revenue (ttm)	870.69M
Net Income (ttm)	-88.69M
Shares Out	70.90M
EPS (ttm)	-1.39
PE Ratio	n/a
Forward PE	842.46
Dividend	n/a
Ex-Dividend Date	n/a

Volume	540,236
Open	15.00
Previous Close	14.75
Day's Range	14.53 - 15.08
52-Week Range	8.56 - 33.96
Beta	6.47
Analysts	Strong Buy
Price Target	26.94 (+80.2%)
Earnings Date	Aug 9, 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 80.20% from the latest price.

Price Target

$26.94

(80.20% upside)

Analyst Consensus: Strong Buy