Pagaya Technologies (NASDAQ:PGY) Shares Break Above Fifty Day Moving Average – What’s Next?

Shares of Pagaya Technologies Ltd. (NASDAQ:PGY) passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $19.76 and traded as high as $19.86. Pagaya Technologies shares last traded at $19.77, with a volume of 1,656,157 shares traded.

Pagaya Technologies News Roundup

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

• Positive Sentiment: Q3 earnings beat expectations: Pagaya reported adjusted earnings of $1.07 per share, above estimates ranging from $0.47 to $0.96. Revenue reached $390.49 million, exceeding the $382.10 million consensus estimate. Pagaya Reports Third Quarter 2026 Results
• Positive Sentiment: Continued revenue growth and profitability: Quarterly revenue increased 11.5% year over year, while Pagaya posted a 9.12% net margin and 51.56% return on equity. The results reinforce the company’s progress toward scaling its AI-powered financial technology platform. Pagaya Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Constructive 2026 outlook: Pagaya forecast $162 million to $182 million in 2026 GAAP net income and said it is expanding its pipeline of bank partners. Management also highlighted increasing partner, product and application activity across its network, suggesting potential for additional business growth. Pagaya forecasts 2026 GAAP net income
• Neutral Sentiment: Valuation remains a consideration: Despite the earnings beat and improved outlook, investors are assessing whether PGY is trading below fair value after its strong performance. The stock remains volatile, so future gains may depend on continued earnings growth and execution against the 2026 forecast. Is Pagaya Trading Below Fair Value?

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Citizens Jmp upped their price objective on shares of Pagaya Technologies from $22.00 to $25.00 and gave the company a “market outperform” rating in a research note on Friday, July 31st. Jefferies Financial Group raised their target price on shares of Pagaya Technologies from $23.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Pagaya Technologies in a research report on Monday, September 14th. B. Riley Financial raised their price target on shares of Pagaya Technologies from $32.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, TD Cowen decreased their price objective on shares of Pagaya Technologies from $26.00 to $25.00 and set a “buy” rating for the company in a report on Tuesday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Pagaya Technologies presently has an average rating of “Buy” and an average target price of $31.12.

Pagaya Technologies Stock Up 1.7%

The stock has a market cap of $1.74 billion, a PE ratio of 6.40 and a beta of 5.50. The company has a debt-to-equity ratio of 1.12, a quick ratio of 11.08 and a current ratio of 11.08. The company’s 50-day moving average price is $19.77 and its 200 day moving average price is $16.60.

Pagaya Technologies (NASDAQ:PGY) last issued its quarterly earnings data on Thursday, October 29th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.60. The firm had revenue of $390.49 million for the quarter, compared to analysts’ expectations of $382.10 million. Pagaya Technologies had a net margin of 9.12% and a return on equity of 51.56%. The business’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.02 EPS. As a group, analysts forecast that Pagaya Technologies Ltd. will post 3.36 EPS for the current fiscal year.

Insiders Place Their Bets

In other Pagaya Technologies news, President Sanjiv Das sold 21,289 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $22.00, for a total value of $468,358.00. Following the transaction, the president directly owned 144,186 shares in the company, valued at approximately $3,172,092. This trade represents a 12.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Tami Rosen sold 28,181 shares of Pagaya Technologies stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $21.98, for a total transaction of $619,418.38. Following the transaction, the director owned 16,665 shares in the company, valued at $366,296.70. This represents a 62.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 98,117 shares of company stock worth $2,019,059. Company insiders own 41.99% of the company’s stock.

Hedge Funds Weigh In On Pagaya Technologies

Institutional investors have recently bought and sold shares of the stock. State of Wyoming raised its stake in Pagaya Technologies by 24.7% during the 3rd quarter. State of Wyoming now owns 7,086 shares of the company’s stock worth $123,000 after acquiring an additional 1,404 shares during the period. Oppenheimer & Co. Inc. bought a new position in shares of Pagaya Technologies in the third quarter worth approximately $404,000. Banque Pictet & Cie SA bought a new position in shares of Pagaya Technologies in the third quarter worth approximately $219,000. State of Alaska Department of Revenue boosted its position in shares of Pagaya Technologies by 5.6% in the third quarter. State of Alaska Department of Revenue now owns 22,746 shares of the company’s stock worth $393,000 after purchasing an additional 1,208 shares during the period. Finally, GK Wealth Management LLC purchased a new stake in shares of Pagaya Technologies in the third quarter worth $67,000. 57.14% of the stock is owned by institutional investors.

About Pagaya Technologies

Pagaya Technologies Ltd. is a financial technology company that uses artificial intelligence and machine learning to help financial institutions expand access to credit and other financial products. Its technology platform analyzes large volumes of data to evaluate assets, identify investment opportunities and support lending decisions.

The company works with banks, lenders and other financial institutions, as well as institutional investors. Through its network-based platform, Pagaya helps partners originate loans and other assets while connecting those assets with institutional funding and capital markets solutions.