Benchmark Lowers Pagaya Technologies (NASDAQ:PGY) Price Target to $33.00

Pagaya Technologies (NASDAQ:PGY) had its price target cut by analysts at Benchmark from $48.00 to $33.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Benchmark’s price objective would suggest a potential upside of 156.41% from the company’s current price.

Several other equities research analysts have also recently commented on PGY. Keefe, Bruyette & Woods cut their price target on Pagaya Technologies from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Friday, January 2nd. Canaccord Genuity Group reduced their price objective on shares of Pagaya Technologies from $39.00 to $32.00 and set a “buy” rating on the stock in a report on Tuesday. Wall Street Zen downgraded shares of Pagaya Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 6th. Freedom Capital raised shares of Pagaya Technologies to a “strong-buy” rating in a report on Tuesday, February 3rd. Finally, Zacks Research cut shares of Pagaya Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.00.

Pagaya Technologies Price Performance

Shares of NASDAQ PGY opened at $12.87 on Tuesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 11.41 and a quick ratio of 11.41. Pagaya Technologies has a 12 month low of $8.50 and a 12 month high of $44.99. The firm’s 50 day simple moving average is $21.75 and its 200-day simple moving average is $27.52. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 14.46 and a beta of 5.85.

Pagaya Technologies (NASDAQ:PGY) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.75 by $0.05. The company had revenue of $334.81 million for the quarter, compared to analyst estimates of $348.75 million. Pagaya Technologies had a return on equity of 45.94% and a net margin of 6.25%.Pagaya Technologies’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same period last year, the company earned $0.17 earnings per share. Analysts expect that Pagaya Technologies will post 0.88 EPS for the current year.

Insider Buying and Selling

In related news, insider Tami Rosen sold 7,561 shares of the stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $30.73, for a total transaction of $232,349.53. Following the completion of the sale, the insider owned 37,544 shares of the company’s stock, valued at approximately $1,153,727.12. This represents a 16.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Sanjiv Das sold 3,945 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $22.99, for a total value of $90,695.55. Following the transaction, the president owned 129,986 shares in the company, valued at approximately $2,988,378.14. This represents a 2.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 21,256 shares of company stock valued at $547,198. 47.59% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Pagaya Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. G2 Investment Partners Management LLC bought a new stake in shares of Pagaya Technologies in the 2nd quarter worth $5,403,000. Federated Hermes Inc. lifted its stake in shares of Pagaya Technologies by 40.8% in the 3rd quarter. Federated Hermes Inc. now owns 600,140 shares of the company’s stock valued at $17,818,000 after purchasing an additional 174,033 shares during the last quarter. Jump Financial LLC grew its holdings in Pagaya Technologies by 509.6% during the second quarter. Jump Financial LLC now owns 672,635 shares of the company’s stock valued at $14,341,000 after purchasing an additional 562,294 shares during the last quarter. Walleye Capital LLC acquired a new position in shares of Pagaya Technologies during the second quarter worth approximately $2,027,000. Finally, Hamilton Lane Advisors LLC bought a new stake in Pagaya Technologies in the 3rd quarter valued at $12,097,000. Institutional investors and hedge funds own 57.14% of the company’s stock.

Key Pagaya Technologies News

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

• Positive Sentiment: Pagaya closed a $800M AAA‑rated personal‑loan ABS (PAID 2026‑1), exceeding the original $600M target by ~33% on strong institutional demand — a vote of confidence in Pagaya’s credit sourcing and AI underwriting. Pagaya Technologies (PGY)’s AAA-Rated Personal Loan ABS Transaction Exceeds the Initial $600 Million Target By 33%
• Positive Sentiment: Market commentary highlights that the ABS deal and a related loan pact underscore the value gap created by AI-driven credit models — supporting Pagaya’s revenue runway and institutional distribution capabilities. Pagaya’s ABS Deal And Loan Pact Highlight AI Credit Value Gap
• Neutral Sentiment: Q4 2025 results were mixed: EPS of $0.80 beat consensus (~$0.75), but revenue of $334.8M missed estimates (~$348.8M). Revenue grew ~19.8% YoY and profitability metrics (net margin ~6.3%, ROE ~45.9%) improved, so fundamentals are strengthening even as top‑line guidance/trajectory will be watched. Pagaya Technologies Ltd (PGY) Q4 2025 Earnings Call Highlights Earnings Call Transcript
• Neutral Sentiment: Trading signals: volume has more than doubled versus average and the stock’s beta is high, so news-driven volatility is expected; moving averages remain well above the current price, indicating the stock is still below recent trading ranges.
• Negative Sentiment: Several analysts trimmed price targets despite keeping “buy” ratings — Jefferies cut its target from $35 to $30 — increasing near‑term selling pressure as brokers reset upside. Jefferies lowers PT on Pagaya
• Negative Sentiment: Benchmark lowered its target from $48 to $33 while maintaining a buy stance, another downward revision that can weigh on sentiment. Benchmark lowers PT on Pagaya
• Negative Sentiment: Canaccord trimmed its target from $39 to $32 (buy maintained), adding to the cluster of price‑target cuts. Canaccord lowers PT TickerReport reference

About Pagaya Technologies

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.