Added to YB: 2026-07-08
Pitch date: 2026-07-04
PGY [bullish]
Pagaya Technologies Ltd.
+3.38%
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
$1.6B
Pitch Price
$17.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.27
P/E
17.08
EV/Sales
0.99
Sector
Software
Category
value
Pagaya Technologies Ltd (PGY) – Lender in the Middle
PGY: Fintech intermediary matching bank-rejected borrowers (personal/POS/auto) to ABS investors, earning 4-5% take rate. Network volume +21% CAGR, GAAP profit inflection, SG&A cut. EV ~$1.5B, ~$110M FCF (8%+ yield) growing 10-15%; 20%+ potential return. Risks: 20%+ short interest, risk-retention losses (~$155M/yr), Klarna defection/lawsuit, credit cycle untested, opaque disclosures. Size accordingly.
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