Added to YB: 2026-05-14
Pitch date: 2026-05-10
PGY [neutral]
Pagaya Technologies Ltd.
-8.95%
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
$1.2B
Pitch Price
$14.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.15
P/E
13.28
EV/Sales
0.73
Sector
Software
Category
growth
Despite the Recent Volatility, I’ve Held All My Stocks and Added One New - Pagaya Technologies Ltd.
PGY (holding update): AI-powered second-look loan evaluator for bank rejects, bundles into ABS for institutions. Q1 rev +10% YoY, 5th straight GAAP profit quarter, raised 2026 net income guide to $110M-$160M (from $100M-$150M). Network vol +9%, interest income +130% YoY to $17.7M vs $36.4M impairments (within $100M-$150M 2026 guide). Added 4 partners (Upstart, Sezzle, FlexPay, Global Lending). Exited riskier Single Family Rentals, focus on personal (63% rev) & auto loans. $2.1B institutional funding Q1. Resilient despite stressed lending market.
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