NASDAQ:PGY

Pagaya Technologies (PGY) Stock Forecast, Price & News

$1.58

0.00 (0.00%)

(As of 09/29/2023 ET)

Compare

Today's Range: $1.53
▼
$1.62
50-Day Range: $1.54
▼
$2.66
52-Week Range: $0.57
▼
$2.83

Volume: 4.77 million shs
Average Volume: 4.60 million shs
Market Capitalization: $1.12 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.43

Pagaya Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 117.3% Upside
$3.43 Price Target
Short Interest: Healthy
1.30% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.71
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Business Services Sector

110th out of 318 stocks

Nondepository Credit Institutions Industry

14th out of 46 stocks

4.3

Analyst's Opinion

Consensus Rating
Pagaya Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.43, Pagaya Technologies has a forecasted upside of 117.3% from its current price of $1.58.
Amount of Analyst Coverage
Pagaya Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.30% of the float of Pagaya Technologies has been sold short.
Short Interest Ratio / Days to Cover
Pagaya Technologies has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Pagaya Technologies has recently decreased by 12.27%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Pagaya Technologies does not currently pay a dividend.
Dividend Growth
Pagaya Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PGY.

2.1

News and Social Media Coverage

News Sentiment
Pagaya Technologies has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Pagaya Technologies this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for PGY on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.
MarketBeat Follows
Only 18 people have added Pagaya Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pagaya Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
19.70% of the stock of Pagaya Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
57.14% of the stock of Pagaya Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pagaya Technologies is -5.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pagaya Technologies is -5.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Pagaya Technologies has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Pagaya Technologies (NASDAQ:PGY) Stock

Pagaya Technologies Ltd. operates as a financial technology company in Israel, the United States, and internationally. It primarily develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. The company's partners include high-growth financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. Pagaya Technologies Ltd. was incorporated in 2016 and is headquartered in Tel Aviv, Israel.

PGY Price History

30 days | 90 days | 365 days | Advanced Chart

PGY Stock News Headlines

September 27, 2023 | finance.yahoo.com

Pagaya: FIntech with AI Power at its core

September 27, 2023 | finance.yahoo.com

Pagaya Closes $600 Million Consumer Loan Asset-Backed Securitization

September 29, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Software" to Revolutionize Warfare

This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>

September 27, 2023 | seekingalpha.com

Pagaya: Exponential Growth Opportunity In AI Lending At A Discount

September 25, 2023 | theglobeandmail.com

3 Stocks Under $2 That Could Rally More Than 90%, According to Wall Street

September 25, 2023 | americanbankingnews.com

Analysts Set Pagaya Technologies Ltd. (NASDAQ:PGY) Target Price at $3.43

September 20, 2023 | finance.yahoo.com

Pagaya Closes $281 Million Auto ABS Deal, its 10th ABS Transaction in 2023

September 18, 2023 | finance.yahoo.com

Pagaya and Värde Continue Partnership to Provide Capital Support to Credit Unions

September 29, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Software" to Revolutionize Warfare

September 15, 2023 | benzinga.com

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Trust 2023-6

September 9, 2023 | msn.com

Benchmark Reiterates Pagaya Technologies Ltd - (PGY) Overweight Recommendation

September 8, 2023 | it.tmcnet.com

Pagaya Announces Partnership with Westlake Financial, Showcasing Strength of Pagaya's Fast-Growing Auto Product

September 7, 2023 | finance.yahoo.com

Pagaya Announces Partnership with Westlake Financial, Showcasing Strength of Pagaya’s Fast-Growing Auto Product

August 31, 2023 | msn.com

Pagaya Technologies Ltd - (PGY) Price Target Increased by 57.56% to 3.64

August 29, 2023 | msn.com

JMP Securities Initiates Coverage of Pagaya Technologies Ltd - (PGY) with Market Outperform Recommendation

August 28, 2023 | markets.businessinsider.com

Pagaya Technologies Cracked 'Achilles Heel' Of Many Marketplace Lenders: Analyst

August 18, 2023 | msn.com

Is Pagaya Technologies an Excellent AI Stock to Buy Now?

August 17, 2023 | seekingalpha.com

Why Pagaya Technologies Surpasses Upstart's Tech

August 17, 2023 | msn.com

My Favorite AI Stock Idea: Pagaya Technologies

August 16, 2023 | seekingalpha.com

Pagaya Technologies Q2 Earnings Review

August 14, 2023 | barrons.com

Pagaya Technologies Ltd.

August 14, 2023 | msn.com

Canaccord Genuity Maintains Pagaya Technologies Ltd - (PGY) Buy Recommendation

August 11, 2023 | msn.com

Pagaya Technologies (NASDAQ: PGY) Soars after Robust Q2 Results, Raises Outlook

August 11, 2023 | markets.businessinsider.com

Wedbush Sticks to Its Hold Rating for Pagaya Technologies Ltd (PGY)

August 11, 2023 | msn.com

Wedbush Maintains Pagaya Technologies Ltd - (PGY) Neutral Recommendation

August 11, 2023 | msn.com

Why Pagaya Technologies Stock Popped Today

August 11, 2023 | msn.com

Pagaya stock rallies as AI-backed fintech data company raises profitability outlook

See More Headlines

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PGY Company Calendar

Last Earnings: 8/10/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:PGY
CUSIP: N/A
CIK: 1883085
Web: pagaya.com
Phone: 972-3715-0920
Fax: N/A
Employees: 809
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.43
High Stock Price Forecast: $6.00
Low Stock Price Forecast: $1.35
Forecasted Upside/Downside: +118.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.29)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-302,320,000.00
Net Margins: -26.78%
Pretax Margin: -32.16%
Return on Equity: -11.21%
Return on Assets: -7.65%

Debt

Debt-to-Equity Ratio: 0.34
Current Ratio: 3.77
Quick Ratio: 3.77

Sales & Book Value

Annual Sales: $748.93 million
Price / Sales: 1.49
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.12 per share
Price / Book: 1.40

Miscellaneous

Outstanding Shares: 708,910,000
Free Float: 569,254,000
Market Cap: $1.11 billion
Optionable: Not Optionable
Beta: 7.86

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Key Executives

Mr. Gal Krubiner (Age 35)
CEO, Co-Founder & Director
Comp: $3.2M

Mr. Avital Pardo (Age 38)
CTO, Co-Founder & Director
Comp: $3M

Mr. Yahav Yulzari (Age 38)
Chief Revenue Officer, Co-Founder & Director
Comp: $3M

Mr. Michael Evan Kurlander (Age 45)
Chief Financial Officer
Comp: $1M

Ms. Tami Rosen (Age 52)
Chief People Officer
Comp: $1M

Mr. Ashok Valiram Vaswani (Age 62)
Pres

Mr. Amol Sagun Naik
Chief Operating Officer

Mr. Edward John Mallon
Chief Investment Officer

Mr. Scott Bower (Age 47)
Chief Accounting Officer

Jency John
VP of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

PGY Stock - Frequently Asked Questions

Should I buy or sell Pagaya Technologies stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pagaya Technologies in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PGY shares.
View PGY analyst ratings or view top-rated stocks.
What is Pagaya Technologies' stock price forecast for 2023?: 6 brokerages have issued twelve-month price objectives for Pagaya Technologies' shares. Their PGY share price forecasts range from $1.35 to $6.00. On average, they predict the company's stock price to reach $3.43 in the next year. This suggests a possible upside of 118.7% from the stock's current price.
View analysts price targets for PGY or view top-rated stocks among Wall Street analysts.
How have PGY shares performed in 2023?: Pagaya Technologies' stock was trading at $1.24 at the beginning of the year. Since then, PGY shares have increased by 26.6% and is now trading at $1.57.
View the best growth stocks for 2023 here.
When is Pagaya Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our PGY earnings forecast.
How were Pagaya Technologies' earnings last quarter?: Pagaya Technologies Ltd. (NASDAQ:PGY) posted its quarterly earnings results on Thursday, August, 10th. The company reported ($0.02) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.02). The business earned $185.69 million during the quarter, compared to analyst estimates of $186.45 million. Pagaya Technologies had a negative net margin of 26.78% and a negative trailing twelve-month return on equity of 11.21%.
What ETFs hold Pagaya Technologies' stock?: ETFs with the largest weight of Pagaya Technologies (NASDAQ:PGY) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL) and BlueStar Israel Technology ETF (ITEQ).Global X FinTech Thematic ETF (FINX).

What guidance has Pagaya Technologies issued on next quarter's earnings?: Pagaya Technologies updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $190.00 million-$200.00 million, compared to the consensus revenue estimate of $207.83 million.
What is Pagaya Technologies' stock symbol?: Pagaya Technologies trades on the NASDAQ under the ticker symbol "PGY."
How do I buy shares of Pagaya Technologies?: Shares of PGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Pagaya Technologies' stock price today?: One share of PGY stock can currently be purchased for approximately $1.57.
How much money does Pagaya Technologies make?: Pagaya Technologies (NASDAQ:PGY) has a market capitalization of $1.11 billion and generates $748.93 million in revenue each year. The company earns $-302,320,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis.
How many employees does Pagaya Technologies have?: The company employs 809 workers across the globe.
How can I contact Pagaya Technologies?: Pagaya Technologies' mailing address is 2107 WILSON BOULEVARD SUITE 410, ARLINGTON VA, 22201. The official website for the company is pagaya.com. The company can be reached via phone at 972-3715-0920 or via email at ir@pagaya.com.

This page (NASDAQ:PGY) was last updated on 9/29/2023 by MarketBeat.com Staff

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Pagaya Technologies (PGY) Stock Forecast, Price & News

Pagaya Technologies MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Pagaya Technologies (NASDAQ:PGY) Stock

PGY Price History

PGY Stock News Headlines

PGY Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

PGY Stock - Frequently Asked Questions

Overall MarketRank^™