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 twelve months. 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 target for 2024?

6 equities research analysts have issued 12 month price targets for Pagaya Technologies' shares. Their PGY share price targets range from $1.35 to $6.00. On average, they predict the company's stock price to reach $3.35 in the next year. This suggests a possible upside of 159.8% 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 start of the year. Since then, PGY shares have increased by 4.0% and is now trading at $1.2895. 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 Wednesday, February 21st 2024. View our PGY earnings forecast .

How were Pagaya Technologies' earnings last quarter?

Pagaya Technologies Ltd. (NASDAQ:PGY) announced its earnings results on Thursday, November, 2nd. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $201.45 million for the quarter, compared to the consensus estimate of $196.50 million. Pagaya Technologies had a negative net margin of 19.31% and a negative trailing twelve-month return on equity of 10.57%.

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) .

Who are Pagaya Technologies' major shareholders?

Pagaya Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Clal Insurance Enterprises Holdings Ltd (3.96%), EJF Capital LLC (1.93%), JTC Employer Solutions Trustee Ltd (0.39%), Josh Arnold Investment Consultant LLC (0.23%), Capricorn Fund Managers Ltd (0.22%) and ARK Investment Management LLC (0.13%).

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 .

Pagaya Technologies Stock Price, News & Analysis (NASDAQ:PGY)

$1.30

+0.01 (+0.39%)

(As of 01:09 PM ET)

Compare

Today's Range: $1.27
▼
$1.36
50-Day Range: $1.08
▼
$1.72
52-Week Range: $0.57
▼
$2.83

Volume: 6.12 million shs
Average Volume: 4.91 million shs
Market Capitalization: $918.04 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.35

Pagaya Technologies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 159.8% Upside
$3.35 Price Target
Short Interest: Healthy
1.67% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.80
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.11) to $0.05 Per Share

Overall MarketRank^™

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

2.15 out of 5 stars

Business Services Sector

144th out of 309 stocks

Nondepository Credit Institutions Industry

17th out of 46 stocks

3.3

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 $3.35, Pagaya Technologies has a forecasted upside of 159.8% from its current price of $1.29.
Amount of Analyst Coverage
Pagaya Technologies has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.67% 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 0.8, 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 4.80%, indicating that investor sentiment is improving.

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.

3.2

News and Social Media Coverage

News Sentiment
Pagaya Technologies has a news sentiment score of 0.80. 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 is a higher news sentiment than the 0.61 average news sentiment score 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
13 people have searched for PGY on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Pagaya Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -78% compared to the previous 30 days.

0.8

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 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Pagaya Technologies are expected to grow in the coming year, from ($0.11) to $0.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pagaya Technologies is -6.14, 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 -6.14, 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 1.36. 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 Stock (NASDAQ:PGY)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PGY Stock News Headlines

November 29, 2023 | finance.yahoo.com

Pagaya Technologies Names Former Xerox Executive Nicole Torraco to its Board of Directors

November 27, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: CrowdStrike Holdings (CRWD), Pagaya Technologies Ltd (PGY) and Clearfield (CLFD)

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November 27, 2023 | finance.yahoo.com

Pagaya’s Strong Momentum Continues with Closing of Fourth Auto Asset-Backed Securitization Deal of 2023

November 26, 2023 | americanbankingnews.com

Pagaya Technologies (NASDAQ:PGY) Shares Down 4.3%

November 24, 2023 | finance.yahoo.com

Pagaya Announces CFO Transition

November 24, 2023 | americanbankingnews.com

Head to Head Review: Pagaya Technologies (NASDAQ:PGY) vs. WizzFinancial (OTCMKTS:FNBLF)

November 21, 2023 | seekingalpha.com

Pagaya Technologies: Huge Upside Potential For This AI Stock

November 29, 2023 | Tomorrow Investor (Ad)

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November 20, 2023 | finance.yahoo.com

Surging Earnings Estimates Signal Upside for Pagaya Technologies Ltd. (PGY) Stock

November 19, 2023 | americanbankingnews.com

Pagaya Technologies (NASDAQ:PGY) Shares Gap Up to $1.30

November 14, 2023 | nasdaq.com

1 AI (Artificial Intelligence) Stock You Haven't Heard of That Could Skyrocket

November 13, 2023 | finance.yahoo.com

KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2023-4 and Research-Driven Pagaya Motor Trust 2023-4

November 8, 2023 | finance.yahoo.com

Pagaya Closes New $700 Million Consumer Loan Asset-Backed Securitization

November 5, 2023 | seekingalpha.com

Pagaya Technologies Ltd. (PGY) Q3 2023 Earnings Conference Call Transcript

November 5, 2023 | seekingalpha.com

Pagaya Technologies Ltd. 2023 Q3 - Results - Earnings Call Presentation

November 3, 2023 | markets.businessinsider.com

Pagaya Technologies’ Strong Q3 Performance and Strategic Partnerships Signal Growth Potential: Joseph Vafi’s Analysis

November 3, 2023 | markets.businessinsider.com

Robust Growth and Unique Market Position: Justifying the Buy Rating for Pagaya Technologies

November 3, 2023 | markets.businessinsider.com

Hold Rating for Pagaya Technologies: Strong Performance but Valuation Reflects Future Prospects

November 3, 2023 | finance.yahoo.com

Cautious Investors Not Rewarding Pagaya Technologies Ltd.'s (NASDAQ:PGY) Performance Completely

November 2, 2023 | finance.yahoo.com

Pagaya stock pops: What does the company do?

November 2, 2023 | seekingalpha.com

Pagaya Q3: An Early Christmas Gift From Mr. Market

November 2, 2023 | finance.yahoo.com

Pagaya Reports Third Quarter and Nine Months Ended 2023 Results

November 1, 2023 | finance.yahoo.com

Abhijit Chaudhary Joins Pagaya as Chief Product Officer

October 30, 2023 | finance.yahoo.com

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Trust 2023-7

October 27, 2023 | markets.businessinsider.com

Buy Rating on Pagaya Technologies: Successful Partnerships and Unique Market Differentiators Bolster Growth Potential

October 25, 2023 | seekingalpha.com

Pagaya: Competitive Advantages Could Lead To Further Growth

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/21/2024

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 Target: $3.35
High Stock Price Target: $6.00
Low Stock Price Target: $1.35
Potential Upside/Downside: +159.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.21)
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: -19.31%
Pretax Margin: -29.69%
Return on Equity: -10.57%
Return on Assets: -6.66%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 4.63
Quick Ratio: 4.63

Sales & Book Value

Annual Sales: $748.93 million
Price / Sales: 1.22
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.12 per share
Price / Book: 1.15

Miscellaneous

Outstanding Shares: 708,910,000
Free Float: N/A
Market Cap: $914.49 million
Optionable: Not Optionable
Beta: 7.91

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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. Sanjiv Das (Age 61)
President
Mr. Amol Sagun Naik
Chief Operating Officer
Mr. Edward John Mallon
Chief Investment Officer
Mr. Scott Bower (Age 47)
Chief Accounting Officer
Jency John
Vice President of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

PGY Stock Analysis - 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 twelve months. 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 target for 2024?: 6 equities research analysts have issued 12 month price targets for Pagaya Technologies' shares. Their PGY share price targets range from $1.35 to $6.00. On average, they predict the company's stock price to reach $3.35 in the next year. This suggests a possible upside of 159.8% 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 start of the year. Since then, PGY shares have increased by 4.0% and is now trading at $1.2895.
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 Wednesday, February 21st 2024.
View our PGY earnings forecast.

How were Pagaya Technologies' earnings last quarter?: Pagaya Technologies Ltd. (NASDAQ:PGY) announced its earnings results on Thursday, November, 2nd. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $201.45 million for the quarter, compared to the consensus estimate of $196.50 million. Pagaya Technologies had a negative net margin of 19.31% and a negative trailing twelve-month return on equity of 10.57%.
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).
Who are Pagaya Technologies' major shareholders?: Pagaya Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Clal Insurance Enterprises Holdings Ltd (3.96%), EJF Capital LLC (1.93%), JTC Employer Solutions Trustee Ltd (0.39%), Josh Arnold Investment Consultant LLC (0.23%), Capricorn Fund Managers Ltd (0.22%) and ARK Investment Management LLC (0.13%).
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.

This page (NASDAQ:PGY) was last updated on 11/29/2023 by MarketBeat.com Staff

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Pagaya Technologies Stock Price, News & Analysis (NASDAQ:PGY)

Pagaya Technologies MarketRank™ Stock Analysis

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 Stock (NASDAQ:PGY)

PGY Stock Price History

PGY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

PGY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™