Added to YB: 2026-09-10
Pitch date: 2026-09-08
PGY [neutral]
Pagaya Technologies Ltd.
-1.05%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$1.9B
Pitch Price
$21.83
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.53
P/E
16.48
EV/Sales
1.17
Sector
Software
Category
turnaround
A Primer On Pagaya Technologies
PGY (overview): Pagaya is an asset-light, AI-driven consumer-credit infrastructure platform that helps lenders approve more loans and distributes them to institutional investors. FY25 revenue rose 26% to $1.3B, adjusted EBITDA increased 76% to $371M, and GAAP net income reached $81M versus a $401M loss. The key questions are whether network-volume growth and 4-5% targeted FRLPC margins persist while retained credit investments generate a guided $100-150M of impairments over 12 months.
Read full article (5 min)