Pagaya Technologies (NASDAQ:PGY) Stock Price Target Lowered at TD Cowen

Pagaya Technologies (NASDAQ:PGY) had its target price decreased by TD Cowen from $26.00 to $25.00 in a report issued on Tuesday morning,Benzinga reports. TD Cowen currently has a buy rating on the stock.

Several other brokerages have also recently issued reports on PGY. Canaccord Genuity Group raised their target price on Pagaya Technologies from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Zacks Research lowered shares of Pagaya Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Jefferies Financial Group increased their price objective on shares of Pagaya Technologies from $23.00 to $27.00 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. B. Riley Financial raised their price objective on shares of Pagaya Technologies from $32.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Pagaya Technologies in a research report on Monday, September 14th. Two 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’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $31.12.

Pagaya Technologies Stock Performance

Shares of PGY opened at $18.05 on Tuesday. The firm has a market capitalization of $1.51 billion, a P/E ratio of 13.27 and a beta of 5.50. The company has a debt-to-equity ratio of 1.12, a current ratio of 11.08 and a quick ratio of 11.08. Pagaya Technologies has a one year low of $10.40 and a one year high of $31.54. The business has a fifty day moving average of $20.52 and a 200 day moving average of $16.69.

Insiders Place Their Bets

In other news, CAO Cory Vieira sold 2,170 shares of the firm’s 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 in the company, valued at $428,726.40. This trade represents a 7.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Tami Rosen sold 28,181 shares of Pagaya Technologies stock in a transaction on Monday, August 3rd. The shares were 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 approximately $366,296.70. This trade represents a 62.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 98,117 shares of company stock worth $2,019,059 over the last three months. 41.99% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Pagaya Technologies

Institutional investors have recently bought and sold shares of the business. Engineers Gate Manager LP grew its position in shares of Pagaya Technologies by 158.5% during the second quarter. Engineers Gate Manager LP now owns 130,172 shares of the company’s stock worth $2,376,000 after purchasing an additional 79,810 shares in the last quarter. Empowered Funds LLC lifted its holdings in Pagaya Technologies by 4,562.7% in the 1st quarter. Empowered Funds LLC now owns 116,661 shares of the company’s stock worth $1,359,000 after purchasing an additional 114,159 shares in the last quarter. SPX Gestao de Recursos Ltda lifted its holdings in Pagaya Technologies by 49.7% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 180,100 shares of the company’s stock worth $2,098,000 after purchasing an additional 59,800 shares in the last quarter. SG Americas Securities LLC bought a new position in Pagaya Technologies in the 1st quarter worth approximately $1,426,000. Finally, Squarepoint Ops LLC boosted its stake in Pagaya Technologies by 614.7% in the 2nd quarter. Squarepoint Ops LLC now owns 252,036 shares of the company’s stock worth $4,600,000 after purchasing an additional 216,770 shares during the period. Hedge funds and other institutional investors own 57.14% of the company’s stock.

Key Stories Impacting Pagaya Technologies

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

• Positive Sentiment: TD Cowen lowered its price target from $26 to $25 but maintained a Buy rating, implying substantial upside from recent trading levels. The continued positive recommendation supports the bullish view that Pagaya’s AI-driven lending platform can deliver further growth. Pagaya Technologies Given New Price Target at TD Cowen
• Neutral Sentiment: Pagaya announced the timing of its third-quarter 2026 earnings release. The report and any subsequent management commentary on loan volumes, funding, profitability and forward guidance could become the next major catalyst for PGY. Pagaya Announces Timing of Third Quarter 2026 Earnings Release
• Neutral Sentiment: A new funding facility is prompting investors to reassess Pagaya’s “capital-light” growth model. The facility may improve the company’s ability to fund asset origination and expand its platform, although investors will likely focus on its cost, structure and potential balance-sheet or dilution risks. Does Pagaya Technologies’ New Funding Facility Redefine Its Capital-Light Growth Narrative?
• Negative Sentiment: Director Tami Rosen sold 1,986 shares for approximately $35,410, reducing her holdings by 12.9%. The sale follows several earlier disposals, which may weigh on sentiment by signaling limited near-term insider conviction, even though the transaction is relatively small compared with Pagaya’s market value. Pagaya Technologies Director Sells Stock

About Pagaya Technologies

Pagaya Technologies Ltd. is a financial technology company that uses artificial intelligence, machine learning and data analytics to connect financial institutions with institutional investors. Its technology analyzes large amounts of data to assess credit and other asset characteristics, helping partners originate, manage and fund assets while providing investors with access to diversified investment opportunities.

The company’s platform has supported asset classes including personal loans, auto loans and residential real estate assets.