NASDAQ:PGY

Pagaya Technologies (PGY) Stock Price, News & Analysis

$12.68
+0.08 (+0.63%)
(As of 05/10/2024 ET)
Today's Range
$12.00
$12.99
50-Day Range
$1.50
$18.30
52-Week Range
$8.56
$33.96
Volume
1.59 million shs
Average Volume
1.10 million shs
Market Capitalization
$66.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.75

Pagaya Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
134.6% Upside
$29.75 Price Target
Short Interest
Bearish
5.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Pagaya Technologies in the last 14 days
Based on 14 Articles This Week
Insider Trading
Acquiring Shares
$2.01 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.17) to $0.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.74 out of 5 stars

Business Services Sector

181st out of 313 stocks

Nondepository Credit Institutions Industry

27th out of 50 stocks

PGY stock logo

About Pagaya Technologies Stock (NASDAQ:PGY)

Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial institutions and investors in the United States, Israel, the Cayman Islands, and internationally. The company 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 banks and financial institutions, auto finance providers, and residential real estate service providers. Pagaya Technologies Ltd. was incorporated in 2016 and is headquartered in New York, New York.

PGY Stock Price History

PGY Stock News Headlines

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Pagaya Files First Annual Report on Form 10-K
Why Pagaya Stock Plummeted 43% in March
Pagaya Technologies Ltd. (PGYWW)
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/11/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:PGY
Fax
N/A
Employees
712
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.75
High Stock Price Target
$48.00
Low Stock Price Target
$11.50
Potential Upside/Downside
+200.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-128,440,000.00
Pretax Margin
-22.31%

Debt

Sales & Book Value

Annual Sales
$812.05 million
Book Value
$128.82 per share

Miscellaneous

Free Float
4,213,000
Market Cap
$66.57 million
Optionable
Not Optionable
Beta
6.55
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Key Executives

  • Mr. Gal Krubiner (Age 35)
    CEO, Co-Founder & Director
    Comp: $1.8M
  • Mr. Avital Pardo (Age 38)
    CTO, Co-Founder & Director
    Comp: $1.7M
  • Mr. Sanjiv Das (Age 62)
    President
  • Mr. Yahav Yulzari (Age 38)
    Chief Revenue Officer, Co-Founder & Director
    Comp: $3M
  • Mr. Evangelos Perros
    Chief Financial Officer
  • Mr. Amol Sagun Naik
    Chief Operating Officer
  • Mr. Edward John Mallon
    Chief Investment Officer
  • Mr. Scott Bower (Age 48)
    Chief Accounting Officer
  • Jency John
    Vice President of Investor Relations
  • Mr. Eric J. Watson (Age 53)
    Chief Legal Officer

PGY Stock Analysis - Frequently Asked Questions

Should I buy or sell Pagaya Technologies stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pagaya Technologies in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 twelve-month price objectives for Pagaya Technologies' shares. Their PGY share price targets range from $11.50 to $48.00. On average, they predict the company's stock price to reach $29.75 in the next twelve months. This suggests a possible upside of 134.6% 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 2024?

Pagaya Technologies' stock was trading at $16.56 at the beginning of the year. Since then, PGY stock has decreased by 23.4% and is now trading at $12.68.
View the best growth stocks for 2024 here
.

When is Pagaya Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our PGY earnings forecast
.

How were Pagaya Technologies' earnings last quarter?

Pagaya Technologies Ltd. (NASDAQ:PGY) posted its earnings results on Thursday, May, 9th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.19. The company earned $237 million during the quarter, compared to analysts' expectations of $229.45 million. Pagaya Technologies had a negative trailing twelve-month return on equity of 4.30% and a negative net margin of 10.53%. During the same period in the prior year, the business earned ($0.48) EPS.

What ETFs hold Pagaya Technologies' stock?

ETFs with the largest weight of Pagaya Technologies (NASDAQ:PGY) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ).ARK Israel Innovative Technology ETF (IZRL).

When did Pagaya Technologies' stock split?

Pagaya Technologies's stock reverse split on the morning of Friday, March 8th 2024. The 1-12 reverse split was announced on Monday, March 4th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, March 7th 2024. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

What guidance has Pagaya Technologies issued on next quarter's earnings?

Pagaya Technologies updated its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $235.0 million-$245.0 million, compared to the consensus revenue estimate of $237.0 million.

Who are Pagaya Technologies' major shareholders?

Pagaya Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.13%), Allspring Global Investments Holdings LLC (2.13%), Mirae Asset Global Investments Co. Ltd. (1.14%), Yarra Square Partners LP (0.81%), JTC Employer Solutions Trustee Ltd (0.61%) and Aflac Inc (0.22%). Insiders that own company stock include Avi Zeevi, Avital Pardo, Gal Krubiner, Sanjiv Das, Tami Rosen and Yahav Yulzari.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PGY) was last updated on 5/11/2024 by MarketBeat.com Staff

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