Pagaya Technologies Ltd. (PGY) - Stock Analysis

Last updated: Sep 6, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Pagaya Technologies shows strong operational recovery with record earnings growth and expanding asset-backed securitizations, combined with improving profitability and liquidity, although recent technical weakness suggests a near-term entry point for value-aware investors.

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Idea window: 12/5/2025 – 12/12/2025Sector: Technology

AI Analyst Overview

Last Price
$20.05
Market Cap
$1.69B
1D Return
-1.21%
YTD Return
-4.04%

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Valuation Metrics

P/E
13.5
P/B
2.8
P/S
1.3
EV/EBITDA
21.2
Div Yield
—

Fundamental Analysis

6.0

Key Financial Insights: • Margin expansion • Debt reliance • Dilution risk PGY's margins, profitability, and cash generation improved materially, but elevated debt, negative retained earnings, receivable concentration, and dilution remain key risks.

MarginImprovement
LeverageRisk

Price Behavior

6.0

Key Price Behavior Insights: • Four-day advance • Key resistance • Volatile rebound Support Level: $21.70–$21.80; stronger support $20.20–$20.95 Resistance Level: $23.26 PGY is cautiously bullish after an 8% last-month gain and four-session advance, but traders should watch $23.26 resistance and protect against volatile pullbacks toward $21.70–$21.80 support.

Bullish
Volatile

Sentiment & News

7.0

Key News Insights: • Record volumes • Auto acceleration • Funding risks Pagaya's strong Q2 growth, auto-lending momentum, and raised guidance support its outlook, but elevated valuation, dilution, and funding risks warrant caution after the sharp rally.

Growth
Valuation
AI

AI Summary

6.0
Neutral

PGY is evolving into a profitable, asset-light AI credit platform with strong operating leverage and auto-driven growth, but investors should buy only if ABS funding access, credit performance, and diluted per-share earnings remain resilient through a tougher credit cycle.

MarginExpansion
FundingRisk
CreditCycle
AI summary updated 4 days ago

Description

Pagaya Technologies Ltd. is a fintech company headquartered in Tel Aviv with operations in the United States and the Cayman Islands. It provides proprietary machine-learning software and related services to help partners originate and manage loans and other credit assets, working with both fast-growing fintech firms and established lenders, including auto finance providers and brokers. Founded in 2016, the company combines data-driven models and technology to support asset origination and portfolio management processes.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Dec 5Dec 12PGYPagaya Technologies Ltd.
Pagaya Technologies shows strong operational recovery with record earnings growth and expanding asset-backed securitizations, combined with improving profitability and liquidity, although recent technical weakness suggests a near-term entry point for value-aware investors.
Closed-8.5%
Sep 8Sep 15PGYPagaya Technologies Ltd.
Pagaya Technologies reported 30% revenue growth, 72% EBITDA increase, and positive net income with strong cash flow quality; stock surged ~22% in 3 weeks, supported by robust operational momentum, attractive valuation, and upcoming product launches, making it a compelling short-term growth candidate.
Closed+12.7%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.