Pagaya Technologies Ltd. (PGY)
NASDAQ: PGY · IEX Real-Time Price · USD
10.75
-0.21 (-1.92%)
May 7, 2024, 4:00 PM EDT - Market closed
Pagaya Technologies Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Pagaya Technologies stock have an average target of 38.08, with a low estimate of 11.5 and a high estimate of 72. The average target predicts an increase of 254.23% from the current stock price of 10.75.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 8, 2024.
Analyst Ratings
The average analyst rating for PGY stock from 6 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $30 → $25 | Buy | Maintains | $30 → $25 | +132.56% | Apr 8, 2024 |
| Wedbush | Wedbush | Hold Maintains $18 → $12 | Hold | Maintains | $18 → $12 | +6.98% | Mar 15, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $42 | Strong Buy | Reiterates | $42 | +290.70% | Feb 22, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $30 | Strong Buy | Initiates | $30 | +179.07% | Dec 14, 2023 |
| JMP Securities | JMP Securities | Buy Maintains $33 → $27 | Buy | Maintains | $33 → $27 | +151.16% | Oct 16, 2023 |
Financial Forecast
Revenue This Year
986.00M
from 812.05M
Increased by 21.42%
Revenue Next Year
1.18B
from 986.00M
Increased by 19.17%
EPS This Year
-0.04
from -2.14
EPS Next Year
0.82
from -0.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.4B | 1.5B |
| Avg | 986.0M | 1.2B | 1.5B |
| Low | 911.6M | 984.3M | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.6% | 38.1% | 29.4% |
| Avg | 21.4% | 19.2% | 24.4% |
| Low | 12.3% | -0.2% | 20.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.38 | 2.14 | 0.34 |
| Avg | -0.04 | 0.82 | 0.33 |
| Low | -0.54 | 0.03 | 0.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | -58.2% |
| Avg | - | - | -59.8% |
| Low | - | - | -61.0% |
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.