Pagaya Technologies Ltd. (PGY)

IL — Technology Sector
Peers: NTCT  MQ  TDC  PAYO  EVTC  FIVN  EVCM  RAMP  CSGS  CXM 

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Key Metrics & Ratings

  • symbol PGY
  • Rev/Share 15.4824
  • Book/Share 7.2058
  • PB 3.1255
  • Debt/Equity 1.7131
  • CurrentRatio 5.1128
  • ROIC 0.1569

 

  • MktCap 1498580210.0
  • FreeCF/Share 2.1721
  • PFCF 8.7845
  • PE -7.6716
  • Debt/Assets 0.5513
  • DivYield 0
  • ROE -0.5099

 

  • Rating D+
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation PGY Stephens -- Overweight -- $22 June 12, 2025
Upgrade PGY Citigroup Neutral Buy $13 $14.5 Feb. 7, 2025
Resumed PGY UBS -- Neutral -- $11 Dec. 20, 2024
Initiation PGY Oppenheimer -- Outperform -- $12 Oct. 1, 2024
Resumed PGY The Benchmark Company -- Buy -- $21 Aug. 26, 2024

News

Can Pagaya Scale Faster Using Its AI-Led Credit Platform?
PGY
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Positive

PGY hits a 2025 inflection, with profitable quarters, a capital-light ABS model and a growing partner network driving scale.

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image for news Can Pagaya Scale Faster Using Its AI-Led Credit Platform?
Pagaya: Likely Q4 Beat To Drive A Re-Rating Beyond Deep-Value Levels
PGY
Published: February 06, 2026 by: Seeking Alpha
Sentiment: Positive

I expect Pagaya to beat analysts' revenue and EPS estimates when it reports Q4 earnings on February 9th. PGY's estimated network volume growth and operating leverage could help offset a potential sequential CNL rate expansion, in light of the higher NCOs reported by SoFi and Ally during Q4. I expect Pagaya to report YoY revenue and EPS growth of 25% and 138%, respectively, in FY 2026, driven by accelerated onboarding of 8 new partners and take rate expansion.

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image for news Pagaya: Likely Q4 Beat To Drive A Re-Rating Beyond Deep-Value Levels
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-R1 and Pagaya AI Debt Trust 2026-R1
PGY
Published: February 05, 2026 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of notes issued by Pagaya AI Debt Grantor Trust 2026-R1 and Pagaya AI Debt Trust 2026-R1 (collectively “PAID 2026-R1”), an unsecured consumer loan ABS transaction. PAID 2026-R1 has initial hard credit enhancement levels of 47.00% for the Class A Notes to 5.85% for the Class E Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class E Notes), cash reserve accounts funded at cl.

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image for news KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-R1 and Pagaya AI Debt Trust 2026-R1
Pagaya Technologies: Investor Misunderstanding Has Created A Launchpad
PGY
Published: February 04, 2026 by: Seeking Alpha
Sentiment: Positive

Pagaya Technologies Ltd. is deeply undervalued following a 44.6% selloff despite robust growth. PGY's business model is misunderstood; it is asset-light, B2B, and not as exposed to credit market cycles. Strong catalysts include expanding partnerships, rapid onboarding, and diversification into auto and POS lending, driving network volume and margin expansion.

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image for news Pagaya Technologies: Investor Misunderstanding Has Created A Launchpad
Should You Buy, Hold or Sell Pagaya Stock Ahead of Q4 Earnings?
PGY
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Negative

PGY reports Q4 results on Feb. 9 as revenue growth, guidance and rising expenses shape whether investors should buy, hold or stay cautious.

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image for news Should You Buy, Hold or Sell Pagaya Stock Ahead of Q4 Earnings?
Pagaya Technologies Ltd. (PGY) Rises Higher Than Market: Key Facts
PGY
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Neutral

Pagaya Technologies Ltd. (PGY) concluded the recent trading session at $19.73, signifying a +1.75% move from its prior day's close.

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image for news Pagaya Technologies Ltd. (PGY) Rises Higher Than Market: Key Facts
PGY vs. OMF: Which Stock Wins the Consumer Credit Battle?
OMF, PGY
Published: January 30, 2026 by: Zacks Investment Research
Sentiment: Positive

Can Pagaya's AI-powered, capital-light platform outshine a traditional non-prime rival like OneMain on growth potential? Let us find out.

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image for news PGY vs. OMF: Which Stock Wins the Consumer Credit Battle?
Does Pagaya's Asset-Light Strategy Help Reduce Credit Risk?
PGY
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Neutral

PGY's asset-light model keeps most loans off its balance sheet, using ABS and forward flows to curb credit risk and stay resilient in volatile markets.

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image for news Does Pagaya's Asset-Light Strategy Help Reduce Credit Risk?
Pagaya Technologies: Sustainable Growth Backed By Solid Market Expansion
PGY
Published: January 20, 2026 by: Seeking Alpha
Sentiment: Positive

Pagaya Technologies is rated a buy, offering triple-digit upside potential driven by robust AI-powered lending and strong partner ramp. PGY consistently delivers double-digit revenue growth, surpassing industry averages, with Q3 2025 revenue at $350.1M and improving profitability. The B2B2C model and multi-product adoption position PGY for scalable growth, with 8 new partners and a raised FY 2025 GAAP net income guidance.

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image for news Pagaya Technologies: Sustainable Growth Backed By Solid Market Expansion
Pagaya Shines in 2025: How Should Investors Play the Fintech Stock?
PGY
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

PGY hit a 2025 inflection point with three straight GAAP profits, shrinking credit losses and a 125% share surge amid stronger fundamentals.

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image for news Pagaya Shines in 2025: How Should Investors Play the Fintech Stock?
3 Top Ranked Stocks to Buy for 2026 (LLY, WFRD, PGY)
LLY, PGY, WFRD
Published: January 05, 2026 by: Zacks Investment Research
Sentiment: Positive

Eli Lilly, Pagaya Technologies Ltd. and Weatherford International stocks all boast numerous bullish tailwinds heading into this new year.

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image for news 3 Top Ranked Stocks to Buy for 2026 (LLY, WFRD, PGY)
The Great 2026 Rotation - 3 Small-Cap Picks For The Mean-Reversion Cycle
ACMR, PGY, POET
Published: January 01, 2026 by: Seeking Alpha
Sentiment: Positive

Stretched valuations of large-cap tech stocks, namely the Mag 7, are likely to drive a rotation to small caps in 2026. The S&P 500's run in 2025 has seen it trump the S&P SmallCap 600's annualized price return since 1994, which could be a sign of a mean-reversion cycle in 2026. The Fed's expectations of GDP growth acceleration and interest rate cuts create a favorable environment for small caps.

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image for news The Great 2026 Rotation - 3 Small-Cap Picks For The Mean-Reversion Cycle
Pagaya's Credit Trends Are Improving: Here's What it Means
PGY
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

PGY's credit quality is stabilizing in 2025, with impairments down sharply from 2024 as seasoning, funding and AI underwriting gains take hold.

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image for news Pagaya's Credit Trends Are Improving: Here's What it Means
Are Finance Stocks Lagging Pagaya Technologies Ltd. (PGY) This Year?
PGY
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Negative

Here is how Pagaya Technologies Ltd. (PGY) and Banco De Chile (BCH) have performed compared to their sector so far this year.

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image for news Are Finance Stocks Lagging Pagaya Technologies Ltd. (PGY) This Year?
PGY vs. TREE: Which Fintech Is Poised Better for Sustainable Profits?
PGY, TREE
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Pagaya and LendingTree target digital lending profits, but AI-driven underwriting and funding scale put PGY's growth story against TREE's mature marketplace.

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image for news PGY vs. TREE: Which Fintech Is Poised Better for Sustainable Profits?
Pagaya Technologies After The Reset: Growth Still Works, Price Finally Does Too
PGY
Published: December 22, 2025 by: Seeking Alpha
Sentiment: Positive

Pagaya Technologies (PGY) is now a more attractive Buy following a valuation reset and continued strong execution on growth and margins. PGY's AI-driven platform, partner expansion, and data flywheel provide structural growth and reduce cyclicality compared to B2C lenders. Q3 saw network volume up 19% YoY, revenue up 36% YoY, and adjusted EBITDA margins expand 900 bps to 30.6%.

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image for news Pagaya Technologies After The Reset: Growth Still Works, Price Finally Does Too
How to Play Pagaya Stock as It Remains Resilient Through Cycles?
PGY
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

PGY's AI-driven, cycle-resilient model, rising volumes and capital flexibility underpin its strong 2025 momentum and attract investor interest.

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image for news How to Play Pagaya Stock as It Remains Resilient Through Cycles?
Surging Earnings Estimates Signal Upside for Pagaya Technologies Ltd. (PGY) Stock
PGY
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Pagaya Technologies Ltd. (PGY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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image for news Surging Earnings Estimates Signal Upside for Pagaya Technologies Ltd. (PGY) Stock
Wall Street Analysts See a 63.99% Upside in Pagaya Technologies Ltd. (PGY): Can the Stock Really Move This High?
PGY
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

The average of price targets set by Wall Street analysts indicates a potential upside of 64% in Pagaya Technologies Ltd. (PGY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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image for news Wall Street Analysts See a 63.99% Upside in Pagaya Technologies Ltd. (PGY): Can the Stock Really Move This High?
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-8 & Pagaya AI Debt Trust 2025-8
PGY
Published: December 02, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 15 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-8 & Pagaya AI Debt Trust 2025-8 (collectively “PAID 2025-8”), an unsecured consumer loan ABS transaction. PAID 2025-8 has initial hard credit enhancement levels of 83.40% for the Class A-1 Notes to 1.83% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Notes), cash reserve accounts funded at closi.

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image for news KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-8 & Pagaya AI Debt Trust 2025-8
PGY vs. UPST: Which AI Credit Platform Has Stronger Growth Setup?
PGY, UPST
Published: November 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Pagaya's capital-light model, expanding AI lending reach and stronger valuation set the stage for a compelling long-term growth outlook.

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image for news PGY vs. UPST: Which AI Credit Platform Has Stronger Growth Setup?
PGY's Network Volume Grows So Far in 2025: Will the Trend Continue?
PGY
Published: November 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Pagaya's expanding lending verticals and improving credit trends power strong network volume growth toward its 2025 target.

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image for news PGY's Network Volume Grows So Far in 2025: Will the Trend Continue?
Pagaya: Its Operating Results Are Stellar: Its Stock Price Less So!
PGY
Published: November 21, 2025 by: Seeking Alpha
Sentiment: Positive

Pagaya (PGY) reported a strong quarter with robust outlook, yet shares remain deeply undervalued due to market sentiment and a 13 G/A filing that I believe to be misinterpreted. PGY's business model leverages AI for 'second look' sub-prime lending, with expanding partnerships, multi-product growth, and improving credit performance. Valuation is compelling: EV/S of 1.4x, P/E just greater than 5x, and projected 27% revenue growth, while operational efficiency and free cash flow are rising.

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image for news Pagaya: Its Operating Results Are Stellar: Its Stock Price Less So!
Pagaya Shares Gain 56.8% in 6 Months: How to Play the Stock?
PGY
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Positive

PGY's 56.8% six-month surge highlights its diversified model, AI-driven network and funding strength as investors weigh rising expenses.

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image for news Pagaya Shares Gain 56.8% in 6 Months: How to Play the Stock?
Pagaya Technologies Ltd. (PGY) Upgraded to Buy: Here's Why
PGY
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Pagaya Technologies Ltd. (PGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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image for news Pagaya Technologies Ltd. (PGY) Upgraded to Buy: Here's Why
KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6
PGY
Published: November 18, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6 (collectively “RPM 2025-6”), an auto loan ABS transaction. RPM 2025-6 has initial credit enhancement levels of 89.26% for the Class A-1 notes to 1.86% for the Class E notes. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (except for the Class E notes), a cash r.

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image for news KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2025-6 and Research-Driven Pagaya Motor Trust 2025-6
Pagaya Technologies Understands The Role Of AI In Credit Underwriting
PGY
Published: November 18, 2025 by: Seeking Alpha
Sentiment: Positive

I rate Pagaya Technologies Ltd. a Strong Buy as it emerges as a leading AI-driven lending infrastructure provider for banks and fintechs. PGY acts as a 'picks and shovels' supplier, enabling lenders to automate underwriting, expand credit, and reach new borrower segments efficiently. Q3 2025 results highlight PGY's momentum: record revenue, profit, expanding margins, and a 19% year-over-year increase in network volume to $2.8 billion.

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image for news Pagaya Technologies Understands The Role Of AI In Credit Underwriting
Is Pagaya Stock's Low Valuation a Bargain or a Warning Sign?
PGY
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Positive

PGY's strong rally, resilient AI-driven model and discounted valuation highlight upside potential, though rising costs may cloud near-term growth.

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image for news Is Pagaya Stock's Low Valuation a Bargain or a Warning Sign?
Pagaya Technologies: Q3 2025 Beat, Guidance Raised, Bull Case Strengthened
PGY
Published: November 10, 2025 by: Seeking Alpha
Sentiment: Positive

Pagaya Technologies Ltd. delivered a beat-and-raise Q3, with record revenue, profit, and expanding margins, reinforcing the Strong Buy thesis. PGY's fundamentals improved despite sector-wide credit fears, driven by product diversification, partner momentum, and strong credit performance. Funding costs dropped as PGY executed $1.8B in ABS deals, raised $500M in debt, and expanded its revolver, boosting liquidity and confidence.

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image for news Pagaya Technologies: Q3 2025 Beat, Guidance Raised, Bull Case Strengthened
Pagaya Technologies Ltd. (PGY) Q3 2025 Earnings Call Transcript
PGY
Published: November 10, 2025 by: Seeking Alpha
Sentiment: Neutral

Pagaya Technologies Ltd. ( PGY ) Q3 2025 Earnings Call November 10, 2025 8:30 AM EST Company Participants Josh Fagen - Head of Investor Relations & COO of Finance Gal Krubiner - CEO, Co-Founder & Director Sanjiv Das - Co-Founder & President Evangelos Perros - Chief Financial Officer Conference Call Participants John Hecht - Jefferies LLC, Research Division Peter Christiansen - Citigroup Inc., Research Division Harold Goetsch - B.

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image for news Pagaya Technologies Ltd. (PGY) Q3 2025 Earnings Call Transcript

About Pagaya Technologies Ltd. (PGY)

  • IPO Date 2021-04-21
  • Website https://www.pagaya.com
  • Industry Software - Infrastructure
  • CEO Gal Krubiner
  • Employees 527

Pagaya Technologies Ltd. operates as a financial technology company in Israel, the United States, and the Cayman Islands. It 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 financial institutions, auto finance providers, and brokers. The company was founded in 2016 and is headquartered in Tel Aviv, Israel.