Canaccord Genuity Group Lowers Pagaya Technologies (NASDAQ:PGY) Price Target to $32.00

Pagaya Technologies (NASDAQ:PGY) had its price objective dropped by stock analysts at Canaccord Genuity Group from $39.00 to $32.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 125.51% from the stock’s previous close.

Several other analysts have also recently commented on PGY. Freedom Capital upgraded Pagaya Technologies to a “strong-buy” rating in a report on Tuesday, February 3rd. Keefe, Bruyette & Woods decreased their price objective on shares of Pagaya Technologies from $38.00 to $35.00 and set an “outperform” rating on the stock in a report on Friday, January 2nd. Zacks Research cut shares of Pagaya Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Wall Street Zen downgraded shares of Pagaya Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Pagaya Technologies in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $36.38.

Pagaya Technologies Price Performance

Shares of Pagaya Technologies stock opened at $14.19 on Tuesday. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -5.31 and a beta of 5.85. The firm’s 50-day moving average price is $22.16 and its two-hundred day moving average price is $27.75. The company has a current ratio of 11.41, a quick ratio of 11.41 and a debt-to-equity ratio of 1.16. Pagaya Technologies has a 1-year low of $8.50 and a 1-year high of $44.99.

Pagaya Technologies (NASDAQ:PGY) last released its quarterly earnings results on Monday, February 9th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.05. Pagaya Technologies had a positive return on equity of 31.59% and a negative net margin of 15.32%.The business had revenue of $334.81 million for the quarter, compared to analyst estimates of $348.75 million. During the same period in the prior year, the company earned $0.17 EPS. Pagaya Technologies’s revenue for the quarter was up 19.8% on a year-over-year basis. On average, equities analysts predict that Pagaya Technologies will post 0.88 earnings per share for the current fiscal year.

Insider Buying and Selling at Pagaya Technologies

In related news, CFO Evangelos Perros sold 9,750 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $22.99, for a total value of $224,152.50. Following the transaction, the chief financial officer directly owned 100,212 shares in the company, valued at $2,303,873.88. This represents a 8.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Tami Rosen sold 7,561 shares of Pagaya Technologies stock in a transaction on Friday, December 19th. The stock was sold at an average price of $30.73, for a total transaction of $232,349.53. Following the sale, the insider directly owned 37,544 shares of the company’s stock, valued at $1,153,727.12. This represents a 16.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 21,256 shares of company stock worth $547,198. Company insiders own 47.59% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew its stake in shares of Pagaya Technologies by 26.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,705,245 shares of the company’s stock worth $17,871,000 after purchasing an additional 359,099 shares during the period. Two Sigma Investments LP lifted its stake in Pagaya Technologies by 5.2% in the third quarter. Two Sigma Investments LP now owns 1,452,578 shares of the company’s stock valued at $43,127,000 after buying an additional 71,639 shares during the period. JPMorgan Chase & Co. boosted its holdings in Pagaya Technologies by 436.9% during the second quarter. JPMorgan Chase & Co. now owns 1,385,279 shares of the company’s stock worth $29,534,000 after buying an additional 1,127,242 shares during the last quarter. Millennium Management LLC grew its position in shares of Pagaya Technologies by 320.1% during the 1st quarter. Millennium Management LLC now owns 1,262,413 shares of the company’s stock worth $13,230,000 after buying an additional 961,944 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of Pagaya Technologies by 0.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,204,362 shares of the company’s stock valued at $35,758,000 after acquiring an additional 4,014 shares during the last quarter. 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: Q4 EPS beat and improving profitability — Pagaya reported $0.80 EPS vs. a $0.75 consensus and highlighted strong return on equity; this supports the thesis that unit economics and profitability metrics are improving. Read More.
• Positive Sentiment: Analyst support remains — Stephens (Kyle Joseph) reiterated a Buy rating and $25 price target, arguing the pullback overstates risks given Pagaya’s profitability progress. Read More.
• Neutral Sentiment: Full disclosure materials available — The company’s earnings call transcript, slide deck and shareholder letter provide detail on performance, assumptions and portfolio trends for anyone doing deeper due diligence. Read More. | Read More.
• Neutral Sentiment: Pre‑earnings interest in AI-driven model — There was pre-market buying interest based on Pagaya’s AI lending infrastructure narrative; this underpins longer-term growth expectations but is distinct from short‑term revenue/guidance impacts. Read More.
• Negative Sentiment: Revenue miss and weaker top‑line guidance — Q4 revenue came in at $334.8M vs. roughly $348–349M consensus, and management gave FY‑2026 revenue guidance of $1.4B–$1.6B and Q1 revenue guidance of $315M–$335M, both under the Street’s current midpoint. That guidance shortfall is the primary driver of today’s selloff. Read More.
• Negative Sentiment: Large near‑term price reaction — Media coverage notes a sharp intraday decline (reported ~26% drop) tied to the revenue miss and conservative near‑term outlook, signaling elevated short‑term volatility. Read More.

Pagaya Technologies Company Profile

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.