Pagaya Technologies (PGY) Expected to Release Quarterly Earnings on Thursday

Pagaya Technologies (NASDAQ:PGY) is expected to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $0.3289 per share and revenue of $356.5340 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Pagaya Technologies (NASDAQ:PGY) last released its quarterly earnings results on Sunday, March 22nd. The company reported ($40.85) EPS for the quarter. Pagaya Technologies had a net margin of 7.39% and a return on equity of 44.75%. The company had revenue of $91.63 million during the quarter. On average, analysts expect Pagaya Technologies to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Pagaya Technologies Price Performance

Shares of NASDAQ:PGY opened at $16.86 on Thursday. The company has a current ratio of 12.09, a quick ratio of 12.09 and a debt-to-equity ratio of 1.25. The stock’s fifty day simple moving average is $15.70 and its two-hundred day simple moving average is $15.31. Pagaya Technologies has a 1-year low of $10.40 and a 1-year high of $44.99. The stock has a market cap of $1.40 billion, a PE ratio of 15.76 and a beta of 5.32.

Insider Activity at Pagaya Technologies

In related news, insider Evangelos Perros sold 11,558 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $16.23, for a total transaction of $187,586.34. Following the completion of the sale, the insider owned 131,241 shares in the company, valued at approximately $2,130,041.43. This trade represents a 8.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Tami Rosen sold 9,944 shares of Pagaya Technologies stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $15.20, for a total transaction of $151,148.80. Following the completion of the sale, the director directly owned 37,544 shares in the company, valued at approximately $570,668.80. This represents a 20.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 58,090 shares of company stock valued at $923,764 in the last 90 days. 41.99% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Pagaya Technologies

A number of hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in Pagaya Technologies by 2,722.3% in the first quarter. AQR Capital Management LLC now owns 305,710 shares of the company’s stock valued at $3,204,000 after purchasing an additional 294,878 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Pagaya Technologies by 11.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,288 shares of the company’s stock worth $653,000 after buying an additional 6,365 shares during the last quarter. Millennium Management LLC increased its position in Pagaya Technologies by 320.1% in the first quarter. Millennium Management LLC now owns 1,262,413 shares of the company’s stock worth $13,230,000 after buying an additional 961,944 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Pagaya Technologies by 26.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,705,245 shares of the company’s stock valued at $17,871,000 after buying an additional 359,099 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of Pagaya Technologies by 19.0% in the second quarter. Legal & General Group Plc now owns 34,909 shares of the company’s stock valued at $744,000 after buying an additional 5,580 shares during the period. Institutional investors own 57.14% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on PGY shares. Weiss Ratings upgraded shares of Pagaya Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Texas Capital raised shares of Pagaya Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Zacks Research cut shares of Pagaya Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $32.00 price objective on shares of Pagaya Technologies in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $35.86.

About Pagaya Technologies

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.