Pagaya Technologies (NASDAQ:PGY) Given New $25.00 Price Target at Citizens Jmp

Pagaya Technologies (NASDAQ:PGY) had its price objective increased by Citizens Jmp from $22.00 to $25.00 in a research note released on Friday morning,Benzinga reports. They currently have a market outperform rating on the stock.

Other equities research analysts have also issued research reports about the stock. Canaccord Genuity Group upped their target price on shares of Pagaya Technologies from $32.00 to $36.00 and gave the company a “buy” rating in a research note on Friday. Texas Capital upgraded Pagaya Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Zacks Research lowered Pagaya Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, Weiss Ratings upgraded Pagaya Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $32.43.

Pagaya Technologies Trading Up 9.2%

PGY opened at $19.27 on Friday. Pagaya Technologies has a 12-month low of $10.40 and a 12-month high of $44.99. The company has a debt-to-equity ratio of 1.25, a current ratio of 12.09 and a quick ratio of 12.09. The stock has a market capitalization of $1.60 billion, a PE ratio of 14.17 and a beta of 5.32. The firm’s fifty day moving average price is $16.23 and its 200 day moving average price is $15.02.

Pagaya Technologies (NASDAQ:PGY) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.53. The company had revenue of $317.94 million during the quarter, compared to analyst estimates of $323.85 million. Pagaya Technologies had a net margin of 9.12% and a return on equity of 53.51%. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period last year, the business earned $0.10 EPS. As a group, research analysts expect that Pagaya Technologies will post 2.92 EPS for the current fiscal year.

Insider Activity

In other Pagaya Technologies news, CEO Gal Krubiner bought 16,230 shares of the stock in a transaction on Wednesday, June 24th. The stock was purchased at an average price of $15.43 per share, for a total transaction of $250,428.90. Following the completion of the purchase, the chief executive officer directly owned 555,906 shares in the company, valued at approximately $8,577,629.58. This trade represents a 3.01% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Sanjiv Das sold 14,000 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $15.83, for a total transaction of $221,620.00. Following the sale, the president directly owned 165,475 shares in the company, valued at $2,619,469.25. This trade represents a 7.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 58,090 shares of company stock valued at $923,764 over the last quarter. 41.99% of the stock is owned by company insiders.

Institutional Investors Weigh In On Pagaya Technologies

Institutional investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC lifted its holdings in Pagaya Technologies by 3,179.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 426,089 shares of the company’s stock worth $9,493,000 after acquiring an additional 413,096 shares during the last quarter. SPX Gestao de Recursos Ltda boosted its stake in Pagaya Technologies by 49.7% in the first quarter. SPX Gestao de Recursos Ltda now owns 180,100 shares of the company’s stock valued at $2,098,000 after acquiring an additional 59,800 shares during the period. SG Americas Securities LLC bought a new position in shares of Pagaya Technologies during the first quarter valued at approximately $1,426,000. Watershed Asset Management L.L.C. bought a new position in shares of Pagaya Technologies during the first quarter valued at approximately $463,000. Finally, Q Global Advisors LLC grew its holdings in shares of Pagaya Technologies by 324.8% during the first quarter. Q Global Advisors LLC now owns 537,551 shares of the company’s stock valued at $6,262,000 after purchasing an additional 410,996 shares during the last quarter. Institutional investors own 57.14% of the company’s stock.

More Pagaya Technologies News

Here are the key news stories impacting Pagaya Technologies this week:

• Positive Sentiment: Strong Q2 earnings beat: Pagaya reported adjusted earnings of $1.07 per share, well above the $0.32 consensus estimate, while revenue rose 15.1% year over year to $387.0 million, exceeding expectations of $356.5 million. Pagaya Technologies Q2 2026 earnings report
• Positive Sentiment: Profitability and volume momentum: Management highlighted record net income and record network volume. Pagaya is processing more loans and products through its AI-powered lending network; although revenue earned per dollar declined, the greater scale produced sharply higher profits. Pagaya Is Processing More Loans, Earning Less per Dollar, and Making More Money
• Positive Sentiment: Higher full-year net-income outlook: Pagaya raised its full-year 2026 net-income guidance, signaling confidence that operating leverage and increased platform activity can continue improving results. The company’s earnings call also emphasized stronger partner adoption and broader product usage. Pagaya Reports Second Quarter 2026 Results and Raises Full-Year Net Income Guidance
• Positive Sentiment: Analyst price-target increases: B. Riley and Canaccord Genuity raised their targets to $36 and maintained “buy” ratings. Citizens JMP lifted its target to $25 and retained a “market outperform” rating, reinforcing bullish sentiment following the results. Pagaya Technologies analyst price-target updates
• Neutral Sentiment: Growth remains dependent on scale: Management’s results suggest Pagaya can expand profits despite lower take rates, but investors will monitor whether rising loan volume and product adoption translate into sustainable revenue growth and cash generation. Pagaya Technologies Q2 2026 earnings call transcript
• Negative Sentiment: Revenue guidance was below expectations: Pagaya forecast third-quarter revenue of $370 million to $390 million, below the $396.4 million consensus estimate, and narrowed full-year 2026 revenue guidance to $1.4 billion-$1.5 billion versus expectations near $1.5 billion. This could limit upside if profitability improvements do not offset slower revenue growth. Pagaya Technologies Q2 adjusted earnings and revenue

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.