Pagaya Technologies (PGY) Projected to Post Quarterly Earnings on Thursday

Key Points

• Q1 2026 results due May 7 before market open: Analysts expect EPS of $0.48 and revenue of $323.611 million, after the company reported a ($40.85) EPS on $91.63 million in the prior quarter.
• Market view and insider activity: The stock trades near $12.91 with a $1.07B market cap and an average analyst target of $33.11 ("Moderate Buy"), while insiders have sold about 46,756 shares recently and currently own 47.59% of the company (institutional ownership ~57.14%).

Pagaya Technologies (NASDAQ:PGY - Get Free Report) is projected to issue its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $323.6110 million for the quarter. Parties can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:30 AM ET.

Pagaya Technologies (NASDAQ:PGY - Get Free Report) last released its quarterly earnings data on Sunday, March 22nd. The company reported ($40.85) earnings per share for the quarter. The business had revenue of $91.63 million during the quarter. Pagaya Technologies had a net margin of 6.25% and a return on equity of 44.24%. On average, analysts expect Pagaya Technologies to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Pagaya Technologies Stock Performance

NASDAQ:PGY opened at $12.91 on Thursday. The stock's 50-day simple moving average is $12.12 and its 200 day simple moving average is $19.12. The firm has a market capitalization of $1.07 billion, a PE ratio of 14.51 and a beta of 5.74. The company has a quick ratio of 10.55, a current ratio of 10.55 and a debt-to-equity ratio of 1.22. Pagaya Technologies has a twelve month low of $10.40 and a twelve month high of $44.99.

Wall Street Analyst Weigh In

A number of analysts have recently commented on PGY shares. Benchmark cut their price target on Pagaya Technologies from $48.00 to $33.00 and set a "buy" rating on the stock in a research note on Tuesday, February 10th. Citigroup cut their price target on Pagaya Technologies from $40.00 to $32.00 and set a "buy" rating on the stock in a research note on Thursday, February 12th. Zacks Research lowered Pagaya Technologies from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 2nd. Jefferies Financial Group cut their price target on Pagaya Technologies from $35.00 to $30.00 and set a "buy" rating on the stock in a research note on Tuesday, February 10th. Finally, Freedom Capital raised Pagaya Technologies to a "strong-buy" rating in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $33.11.

Insider Buying and Selling

In related news, Director Tami Rosen sold 9,720 shares of Pagaya Technologies stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $15.14, for a total value of $147,160.80. Following the transaction, the director directly owned 37,544 shares of the company's stock, valued at $568,416.16. The trade was a 20.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Sanjiv Das sold 9,702 shares of Pagaya Technologies stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $10.99, for a total value of $106,624.98. Following the completion of the transaction, the president directly owned 144,034 shares in the company, valued at approximately $1,582,933.66. This represents a 6.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 46,756 shares of company stock valued at $558,738 over the last ninety days. 47.59% of the stock is owned by company insiders.

Hedge Funds Weigh In On Pagaya Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Invesco Ltd. lifted its stake in shares of Pagaya Technologies by 22.5% in the fourth quarter. Invesco Ltd. now owns 89,892 shares of the company's stock worth $1,879,000 after acquiring an additional 16,530 shares during the period. Empowered Funds LLC acquired a new position in shares of Pagaya Technologies in the fourth quarter worth approximately $52,000. XTX Topco Ltd lifted its stake in shares of Pagaya Technologies by 49.8% in the fourth quarter. XTX Topco Ltd now owns 18,530 shares of the company's stock worth $387,000 after acquiring an additional 6,160 shares during the period. Twinbeech Capital LP lifted its stake in shares of Pagaya Technologies by 16.5% in the fourth quarter. Twinbeech Capital LP now owns 49,600 shares of the company's stock worth $1,037,000 after acquiring an additional 7,022 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in shares of Pagaya Technologies in the fourth quarter worth approximately $513,000. 57.14% of the stock is owned by institutional investors and hedge funds.

Pagaya Technologies Company Profile

Pagaya Technologies is a financial technology company that applies artificial intelligence and machine learning to the credit and asset management industries. Through its proprietary data-driven platform, Pagaya analyzes vast datasets from consumer credit portfolios to build predictive risk models, enabling institutional investors to gain access to alternative credit products. The company’s solutions streamline underwriting, optimize portfolio construction and facilitate the efficient securitization of consumer loans, credit card receivables and other asset classes.

Founded in 2016 and headquartered in New York, Pagaya has expanded its operations to serve financial institutions and asset managers primarily in the United States.

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