Pagaya TechnologiesPGY
About: Pagaya Technologies Ltd is a financial technology company working to reshape the lending marketplace by using machine learning, big data analytics, and sophisticated AI-driven credit and analysis technology. It was built to provide a comprehensive solution to enable the credit industry to deliver customers a positive experience while simultaneously enhancing the broader credit ecosystem. Its proprietary API seamlessly integrates into its next-gen infrastructure network of partners to deliver a premium customer user experience and greater access to credit. The company generates majority of its revenue from United States.
Employees: 534
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
109% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 22
54% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 24
51% more call options, than puts
Call options by funds: $19.1M | Put options by funds: $12.6M
13% more funds holding
Funds holding: 103 [Q2] → 116 (+13) [Q3]
5.3% more ownership
Funds ownership: 42.23% [Q2] → 47.52% (+5.3%) [Q3]
5% less capital invested
Capital invested by funds: $314M [Q2] → $297M (-$16.6M) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Canaccord Genuity Joseph Vafi 80% 1-year accuracy 71 / 89 met price target | 192%upside $25 | Buy Maintained | 13 Nov 2024 |
Benchmark Michael Legg 43% 1-year accuracy 20 / 47 met price target | 145%upside $21 | Buy Reiterated | 16 Oct 2024 |
Oppenheimer Rayna Kumar 73% 1-year accuracy 11 / 15 met price target | 40%upside $12 | Outperform Initiated | 1 Oct 2024 |
Canaccord Genuity Joseph Vafi 80% 1-year accuracy 71 / 89 met price target | 273%upside $32 | Buy Maintained | 30 Sept 2024 |
B. Riley Securities Hal Goetsch 74% 1-year accuracy 20 / 27 met price target | 320%upside $36 | Buy Maintained | 30 Sept 2024 |
Financial journalist opinion
Based on 18 articles about PGY published over the past 30 days
