Pagaya Technologies Ltd. (PGY)
NASDAQ: PGY · Real-Time Price · USD
12.41
-0.40 (-3.12%)
At close: Sep 18, 2024, 4:00 PM
12.70
+0.29 (2.34%)
Pre-market: Sep 19, 2024, 4:50 AM EDT

Pagaya Technologies Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Pagaya Technologies stock have an average target of 24, with a low estimate of 13 and a high estimate of 42. The average target predicts an increase of 93.39% from the current stock price of 12.41.

Analyst Consensus: Buy
Target Low Average Median High
Price $13 $24 $23 $42
Change +4.75% +93.39% +85.33% +238.44%

Analyst Ratings

The average analyst rating for PGY stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 344433
Buy 212222
Hold 122222
Sell 000000
Strong Sell 000000
Total 678877

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Reiterates
$25
Buy Reiterates $25 +101.45% Sep 3, 2024
Benchmark
Benchmark
Strong Buy
Initiates
$21
Strong Buy Initiates $21 +69.22% Aug 26, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$25
Buy Reiterates $25 +101.45% Aug 12, 2024
Wedbush
Wedbush
Hold
Reiterates
$13
Hold Reiterates $13 +4.75% Aug 12, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$42
Strong Buy Maintains $42 +238.44% Aug 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.02B
from 812.05M
Increased by 26.10%
Revenue Next Year
1.18B
from 1.02B
Increased by 15.23%
EPS This Year
-1.42
from -2.14
EPS Next Year
0.27
from -1.42
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
36.14M99.01M474.59M748.93M812.05M1.02B1.18B1.41B
Revenue Growth
-173.95%379.33%57.81%8.43%26.10%15.23%19.58%
EPS
-0.540.27-8.25-8.22-2.14-1.420.270.40
EPS Growth
-------50.19%
Forward PE
------46.1330.72
No. Analysts -----993
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.1B 1.3B 1.5B
Avg 1.0B 1.2B 1.4B
Low 976.8M 1.1B 1.4B

Revenue Growth

Revenue Growth 202420252026
High
33.6%
30.6%
24.3%
Avg
26.1%
15.2%
19.6%
Low
20.3%
4.6%
16.0%

EPS Forecast

EPS 202420252026
High -0.05 0.88 0.42
Avg -1.42 0.27 0.40
Low -2.70 -0.49 0.39

EPS Growth

EPS Growth 202420252026
High - -
56.1%
Avg - -
50.2%
Low - -
45.7%
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.