Pagaya Technologies Ltd. (PGY)
NASDAQ: PGY · IEX Real-Time Price · USD
14.66
+0.32 (2.23%)
At close: Jul 19, 2024, 4:00 PM
14.80
+0.14 (0.95%)
Pre-market: Jul 22, 2024, 7:03 AM EDT
Pagaya Technologies Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Pagaya Technologies stock have an average target of 26.94, with a low estimate of 11.5 and a high estimate of 48. The average target predicts an increase of 83.77% from the current stock price of 14.66.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 17, 2024.
Analyst Ratings
The average analyst rating for PGY stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 1 | 2 | 2 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Initiates $23 | Buy | Initiates | $23 | +56.89% | Jun 17, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $25 | Buy | Reiterates | $25 | +70.53% | Jun 7, 2024 |
| Citigroup | Citigroup | Hold Initiates $14 | Hold | Initiates | $14 | -4.50% | May 24, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $42 | Strong Buy | Reiterates | $42 | +186.49% | May 13, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $22 | Strong Buy | Reiterates | $22 | +50.07% | May 10, 2024 |
Financial Forecast
Revenue This Year
1.01B
from 812.05M
Increased by 24.01%
Revenue Next Year
1.18B
from 1.01B
Increased by 16.68%
EPS This Year
-0.42
from -2.14
EPS Next Year
0.38
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.4B | 1.5B |
| Avg | 1.0B | 1.2B | 1.4B |
| Low | 941.0M | 995.9M | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.3% | 34.7% | 24.9% |
| Avg | 24.0% | 16.7% | 18.1% |
| Low | 15.9% | -1.1% | 12.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.05 | 0.96 | 2.44 |
| Avg | -0.42 | 0.38 | 1.50 |
| Low | -0.78 | -0.16 | 0.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 548.8% |
| Avg | - | - | 299.3% |
| Low | - | - | 69.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.