Pagaya Technologies Ltd. (NASDAQ:PGY) Stock Has Average Price Target of $31.25

Pagaya Technologies Ltd. (NASDAQ:PGY) has been given a consensus rating of “Buy” by the twelve research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $31.25.

Several equities research analysts recently issued reports on PGY shares. Citizens Jmp increased their price objective on Pagaya Technologies from $22.00 to $25.00 and gave the stock a “market outperform” rating in a research note on Friday, July 31st. Jefferies Financial Group lifted their target price on Pagaya Technologies from $23.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, August 18th. B. Riley Financial upped their target price on Pagaya Technologies from $32.00 to $36.00 and gave the company a “buy” rating in a report on Friday, July 31st. TD Cowen initiated coverage on shares of Pagaya Technologies in a research report on Thursday, September 3rd. They issued a “buy” rating and a $26.00 price target for the company. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Pagaya Technologies in a report on Monday, September 14th.

Pagaya Technologies Stock Performance

Shares of PGY stock opened at $17.32 on Friday. Pagaya Technologies has a 1-year low of $10.40 and a 1-year high of $33.12. The company has a current ratio of 11.08, a quick ratio of 11.08 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 12.74 and a beta of 5.35. The stock’s fifty day simple moving average is $20.40 and its 200-day simple moving average is $16.49.

Key Headlines Impacting Pagaya Technologies

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

• Positive Sentiment: Pagaya secured its first variable funding note facility with ATLAS SP Partners. The facility supports the company’s strategy of building longer-term, committed capital and could improve funding flexibility as Pagaya expands its AI-driven lending and securitization platform. Pagaya secures first variable funding note facility with ATLAS SP Partners
• Positive Sentiment: A valuation-focused analysis said PGY trades below peers on a price-to-sales basis. Diversified funding, product expansion and operating leverage could support growth, although investors remain focused on margin pressure. Pagaya Trades at a Discount: Is the Stock Worth Investing In?
• Neutral Sentiment: KBRA assigned preliminary ratings to notes issued by Pagaya-related auto-loan asset-backed securities trusts. The ratings and reported credit enhancement levels provide additional validation for Pagaya’s securitization model, but the transaction does not immediately change earnings.
• Negative Sentiment: Zacks Research downgraded Pagaya from “strong buy” to “hold,” removing a notable near-term bullish signal and likely contributing to investor caution.
• Negative Sentiment: President Sanjiv Das sold 14,300 shares, while Chief Accounting Officer Cory Vieira sold 2,170 shares. Both transactions were reportedly made to cover tax withholding on vested equity awards, reducing their ownership by 7.60% and 7.94%, respectively, but insider selling can still weigh on sentiment.
• Negative Sentiment: A separate analysis highlighted that adjusted earnings may overstate Pagaya’s underlying profitability because recurring fair-value losses on retained securitization interests are a material cost. The stock’s high volatility and position below its 50-day moving average add to the risk.

Insider Buying and Selling at Pagaya Technologies

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 completion of the sale, the president owned 144,186 shares in the company, valued at $3,172,092. This represents a 12.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Cory Vieira sold 2,170 shares of Pagaya Technologies stock in a transaction on Monday, September 28th. The shares were sold at an average price of $17.04, for a total transaction of $36,976.80. Following the sale, the chief accounting officer directly owned 25,160 shares of the company’s stock, valued at $428,726.40. This trade represents a 7.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 96,131 shares of company stock worth $1,983,649. 41.99% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its stake in shares of Pagaya Technologies by 141.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,029,081 shares of the company’s stock valued at $12,040,000 after buying an additional 602,992 shares in the last quarter. Q Global Advisors LLC lifted its stake in Pagaya Technologies by 324.8% in the first quarter. Q Global Advisors LLC now owns 537,551 shares of the company’s stock valued at $6,262,000 after acquiring an additional 410,996 shares during the last quarter. Squarepoint Ops LLC grew its position in Pagaya Technologies by 614.7% in the second quarter. Squarepoint Ops LLC now owns 252,036 shares of the company’s stock worth $4,600,000 after acquiring an additional 216,770 shares in the last quarter. Principal Financial Group Inc. grew its position in Pagaya Technologies by 211.0% in the first quarter. Principal Financial Group Inc. now owns 375,212 shares of the company’s stock worth $4,371,000 after acquiring an additional 254,550 shares in the last quarter. Finally, Edgestream Partners L.P. increased its stake in shares of Pagaya Technologies by 353.2% during the 1st quarter. Edgestream Partners L.P. now owns 373,771 shares of the company’s stock worth $4,354,000 after purchasing an additional 291,291 shares during the last quarter. Hedge funds and other institutional investors own 57.14% of the company’s stock.

Pagaya Technologies Company Profile

Pagaya Technologies Ltd. is a financial technology company that uses artificial intelligence and data analytics to facilitate access to credit and investment opportunities. Its technology platform evaluates loan and other credit-related assets, helping financial institutions make lending decisions and connect assets with institutional funding sources.

The company’s Pagaya Network is designed to integrate with banks, fintech companies and other originators. Through the network, Pagaya analyzes consumer credit, personal loan, auto loan and real estate-related assets, among other products, and helps distribute qualifying assets to institutional investors through structured financial vehicles.

Pagaya was founded in 2016 and is headquartered in New York, with roots in Israel.