Pagaya Technologies Ltd. (PGY)Technology | Software - Infrastructure | New York, United States | NasdaqCM
23.26 USD
+0.85
(3.793%)
⇧
(Aug. 27, 2026, 4 p.m.
EDT)
After hours: 23.25 -0.01 (-0.010%) ⇩ (Aug. 27, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:45 a.m. EDT
The investment thesis here is a classic turnaround story with exceptional momentum. Fundamentally, the company has completely reversed its fortunes; after a brutal multi-year decline where the stock lost over 70% of its value, it has posted a massive 174% surge in the most recent year. This is driven by explosive growth metrics: revenue grew 18.6%, earnings exploded 143%, and the company is generating strong free cash flow. The balance sheet is surprisingly robust for a high-growth tech firm, boasting a current ratio of 14.6x and healthy operating margins of 27%. Technically, the stock is in a powerful uptrend, trading well above both its 50-day and 200-day moving averages. The options market confirms this sentiment, with traders placing heavy bets on continued appreciation rather than a collapse. The only caveat is the lack of a dividend, which is typical for a company in this aggressive expansion phase. While the statistical forecasting models are currently unreliable due to the volatility of the rebound, the fundamental data and price action suggest the market has finally recognized the business's quality. This is a high-conviction long-term buy, though the short-term path may remain choppy as the market digests the rapid reversal. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.105750 |
| AutoETS | 0.105755 |
| AutoTheta | 0.106301 |
| MSTL | 0.116887 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 29.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.062 |
| Excess Kurtosis | 0.68 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 133.652 |
| Revenue per Share | 17.029 |
| Market Cap | 1,940,485,120 |
| Trailing P/E | 16.50 |
| Forward P/E | 5.71 |
| Beta | 5.37 |
| Profit Margins | 9.12% |
| Website | https://pagaya.com |
As of Aug. 22, 2026, 4:45 a.m. EDT: Speculators are positioning aggressively for upside, evidenced by massive open interest walls at $25 and $35 strikes for 2027 expirations and significant volume spikes at $26 and $27. While deep out-of-the-money puts show elevated implied volatility suggesting a fear of a crash, the sheer volume of call buying and the concentration of open interest far above the current price indicate a bullish bias expecting a recovery toward the $30-$40 range.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.36930585 |
| Address1 | 335 Madison Ave |
| Address2 | 16th Floor |
| All Time High | 414.0 |
| All Time Low | 6.84 |
| Ask | 23.58 |
| Ask Size | 1 |
| Average Analyst Rating | 1.2 - Strong Buy |
| Average Daily Volume10 Day | 2,224,430 |
| Average Daily Volume3 Month | 3,493,396 |
| Average Volume | 3,493,396 |
| Average Volume10Days | 2,224,430 |
| Beta | 5.374 |
| Bid | 22.58 |
| Bid Size | 1 |
| Book Value | 7.13 |
| City | New York |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 23.26 |
| Current Ratio | 14.584 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 23.59 |
| Day Low | 22.2176 |
| Debt To Equity | 133.652 |
| Display Name | Pagaya |
| Earnings Call Timestamp End | 1,785,414,600 |
| Earnings Call Timestamp Start | 1,785,414,600 |
| Earnings Growth | 1.433 |
| Earnings Quarterly Growth | 1.718 |
| Earnings Timestamp | 1,785,414,600 |
| Earnings Timestamp End | 1,794,313,800 |
| Earnings Timestamp Start | 1,794,313,800 |
| Ebitda | 351,616,000 |
| Ebitda Margins | 0.25297 |
| Enterprise To Ebitda | 4.673 |
| Enterprise To Revenue | 1.182 |
| Enterprise Value | 1,643,187,072 |
| Eps Current Year | 3.72082 |
| Eps Forward | 4.07106 |
| Eps Trailing Twelve Months | 1.41 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 18.7123 |
| Fifty Day Average Change | 4.547701 |
| Fifty Day Average Change Percent | 0.24303271 |
| Fifty Two Week Change Percent | -36.930584 |
| Fifty Two Week High | 44.99 |
| Fifty Two Week High Change | -21.730001 |
| Fifty Two Week High Change Percent | -0.48299623 |
| Fifty Two Week Low | 10.4 |
| Fifty Two Week Low Change | 12.860001 |
| Fifty Two Week Low Change Percent | 1.2365385 |
| Fifty Two Week Range | 10.4 - 44.99 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,619,011,800,000 |
| Float Shares | 70,528,208 |
| Forward Eps | 4.07106 |
| Forward P E | 5.7134995 |
| Free Cashflow | 207,177,120 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 493 |
| Fullday Change | 0.85 |
| Fullday Change Percent | 3.79295 |
| Fullday Price | 23.25 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.43387002 |
| Gross Profits | 603,062,016 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.09072 |
| Held Percent Institutions | 0.47437 |
| Implied Shares Outstanding | 83,425,843 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Ipo Expected Date | 2,022-06-23 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,709,856,000 |
| Last Split Factor | 1:12 |
| Long Business Summary | Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands. The company offers Decline Monetization, the flagship product which allows Partners to automatically send rejected loan applications to its network, as well as approve customers they would otherwise decline; Dual Look which allows to assess applications concurrently with its Partners in real time; and First Look that routes designated segments of loan applications to the network for evaluation.It also provides Affiliate Optimizer Engine, a customer acquisition tool which enables Partners to originate loans through third-party affiliate channels; Direct Marketing Engine, that utilizes data network to help Partners target and acquire new customers through direct channels; and FastPass which accelerates the transaction process. Its partners include financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. The company was founded in 2016 and is headquartered in New York, New York. |
| Long Name | Pagaya Technologies Ltd. |
| Market | us_market |
| Market Cap | 1,940,485,120 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_716669374 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 122,542,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,868,872,364 |
| Number Of Analyst Opinions | 10 |
| Open | 22.93 |
| Operating Cashflow | 264,730,000 |
| Operating Margins | 0.27335 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.04 |
| Phone | 646 710 7714 |
| Post Market Change | -0.010000229 |
| Post Market Change Percent | -0.042993244 |
| Post Market Price | 23.25 |
| Post Market Time | 1,787,875,192 |
| Previous Close | 22.41 |
| Price Eps Current Year | 6.2513103 |
| Price Hint | 2 |
| Price To Book | 3.2622721 |
| Price To Sales Trailing12 Months | 1.3960736 |
| Profit Margins | 0.091230005 |
| Quick Ratio | 14.064 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.2 |
| Region | US |
| Regular Market Change | 0.85 |
| Regular Market Change Percent | 3.79295 |
| Regular Market Day High | 23.59 |
| Regular Market Day Low | 22.2176 |
| Regular Market Day Range | 22.2176 - 23.59 |
| Regular Market Open | 22.93 |
| Regular Market Previous Close | 22.41 |
| Regular Market Price | 23.26 |
| Regular Market Time | 1,787,860,800 |
| Regular Market Volume | 2,167,493 |
| Return On Assets | 0.13966 |
| Return On Equity | 0.19459 |
| Revenue Growth | 0.186 |
| Revenue Per Share | 17.029 |
| Sand P52 Week Change | 0.1890428 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 72,137,266 |
| Shares Percent Shares Out | 0.1364 |
| Shares Short | 11,380,373 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 12,102,833 |
| Short Name | Pagaya Technologies Ltd. |
| Short Percent Of Float | 0.161 |
| Short Ratio | 3.84 |
| Source Interval | 15 |
| State | NY |
| Symbol | PGY |
| Target High Price | 36.0 |
| Target Low Price | 23.0 |
| Target Mean Price | 29.2 |
| Target Median Price | 28.5 |
| Total Cash | 1,289,374,976 |
| Total Cash Per Share | 15.455 |
| Total Debt | 907,344,000 |
| Total Revenue | 1,389,959,040 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.41 |
| Trailing P E | 16.496454 |
| Trailing Peg Ratio | 0.0439 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.399176 |
| Two Hundred Day Average Change | 5.8608246 |
| Two Hundred Day Average Change Percent | 0.33684495 |
| Type Disp | Equity |
| Volume | 2,167,493 |
| Website | https://pagaya.com |
| Zip | 10,017 |