Added to YB: 2026-02-12
Pitch date: 2026-02-10
PGY [bullish]
Pagaya Technologies Ltd.
-7.53%
current return
Author Info
MVC Investing is a long-term investor. BSc in Economics, MSc in Finance. Equity Analyst with a focus on Fundamental Analysis and Valuation. Sign up for the newsletter.
Company Info
Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services and other service providers, their customers, and asset investors in the United States, Israel, and the Cayman Islands.
Market Cap
$999.3M
Pitch Price
$13.67
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.61
P/E
13.37
EV/Sales
0.60
Sector
Software
Category
value
Pagaya Technologies (PGY): Q4 2025 Earnings Review
PGY (adding to position): Q4 rev $335M vs $349.5M est, EBITDA $98M vs $105.5M est; proactively cut risky tiers in Q4 due to partner risk appetite shifts despite stable credit metrics. 2026 guide: rev $1.4-1.575B, EBITDA $410-460M, NI $100-150M (low end assumes consumer deterioration). Trading ~0.8x fwd rev, ~2.8x fwd EBITDA, ~12x fwd NI at low end. 50% FRLPC from products beyond decline monetization. Strong partner pipeline with 7-8 new partners expected by Q2. Conservative guidance suggests potential upside if macro stabilizes.
Read full article (9 min)