Jefferies Financial Group Issues Pessimistic Forecast for Pagaya Technologies (NASDAQ:PGY) Stock Price

Pagaya Technologies (NASDAQ:PGY) had its price target reduced by equities research analysts at Jefferies Financial Group from $35.00 to $30.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 133.10% from the company’s previous close.

A number of other research analysts have also recently commented on PGY. Canaccord Genuity Group reduced their price target on shares of Pagaya Technologies from $39.00 to $32.00 and set a “buy” rating on the stock in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Pagaya Technologies in a research note on Friday, January 9th. Benchmark reduced their target price on shares of Pagaya Technologies from $48.00 to $33.00 and set a “buy” rating on the stock in a report on Tuesday. Keefe, Bruyette & Woods lowered their price target on shares of Pagaya Technologies from $38.00 to $35.00 and set an “outperform” rating for the company in a research note on Friday, January 2nd. Finally, Wall Street Zen lowered shares of Pagaya Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

Pagaya Technologies Stock Performance

NASDAQ PGY opened at $12.87 on Tuesday. Pagaya Technologies has a 52-week low of $8.50 and a 52-week high of $44.99. The company has a fifty day moving average of $21.75 and a 200-day moving average of $27.52. The company has a market capitalization of $1.03 billion, a P/E ratio of 14.46 and a beta of 5.85. The company has a debt-to-equity ratio of 1.16, a quick ratio of 11.41 and a current ratio of 11.41.

Pagaya Technologies (NASDAQ:PGY) last released its quarterly earnings results on Monday, February 9th. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.05. Pagaya Technologies had a return on equity of 45.94% and a net margin of 6.25%.The business had revenue of $334.81 million for the quarter, compared to the consensus estimate of $348.75 million. During the same quarter last year, the business posted $0.17 earnings per share. The company’s revenue for the quarter was up 19.8% on a year-over-year basis. As a group, equities research analysts predict that Pagaya Technologies will post 0.88 EPS for the current fiscal year.

Insider Transactions at Pagaya Technologies

In other news, insider Tami Rosen sold 7,561 shares of the business’s stock in a transaction that occurred 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 transaction, the insider directly owned 37,544 shares of the company’s stock, valued at approximately $1,153,727.12. The trade was a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Evangelos Perros sold 9,750 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $22.99, for a total transaction of $224,152.50. Following the completion of the transaction, the chief financial officer owned 100,212 shares of the company’s stock, valued at $2,303,873.88. This trade represents a 8.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 21,256 shares of company stock worth $547,198. Company insiders own 47.59% of the company’s stock.

Hedge Funds Weigh In On Pagaya Technologies

A number of institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC lifted its holdings in Pagaya Technologies by 2,722.3% in the first quarter. AQR Capital Management LLC now owns 305,710 shares of the company’s stock worth $3,204,000 after buying an additional 294,878 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Pagaya Technologies by 11.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,288 shares of the company’s stock valued at $653,000 after purchasing an additional 6,365 shares in the last quarter. Millennium Management LLC grew its stake in Pagaya Technologies by 320.1% in the first quarter. Millennium Management LLC now owns 1,262,413 shares of the company’s stock worth $13,230,000 after purchasing an additional 961,944 shares during the period. Goldman Sachs Group Inc. raised its holdings in Pagaya Technologies by 26.7% in 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of Pagaya Technologies by 35.8% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,973 shares of the company’s stock valued at $42,000 after buying an additional 520 shares in the last quarter. 57.14% of the stock is owned by institutional investors.

Key Stories Impacting Pagaya Technologies

Here are the key news stories impacting Pagaya Technologies this week:

• Positive Sentiment: Pagaya closed a $800M AAA‑rated personal‑loan ABS (PAID 2026‑1), exceeding the original $600M target by ~33% on strong institutional demand — a vote of confidence in Pagaya’s credit sourcing and AI underwriting. Pagaya Technologies (PGY)’s AAA-Rated Personal Loan ABS Transaction Exceeds the Initial $600 Million Target By 33%
• Positive Sentiment: Market commentary highlights that the ABS deal and a related loan pact underscore the value gap created by AI-driven credit models — supporting Pagaya’s revenue runway and institutional distribution capabilities. Pagaya’s ABS Deal And Loan Pact Highlight AI Credit Value Gap
• Neutral Sentiment: Q4 2025 results were mixed: EPS of $0.80 beat consensus (~$0.75), but revenue of $334.8M missed estimates (~$348.8M). Revenue grew ~19.8% YoY and profitability metrics (net margin ~6.3%, ROE ~45.9%) improved, so fundamentals are strengthening even as top‑line guidance/trajectory will be watched. Pagaya Technologies Ltd (PGY) Q4 2025 Earnings Call Highlights Earnings Call Transcript
• Neutral Sentiment: Trading signals: volume has more than doubled versus average and the stock’s beta is high, so news-driven volatility is expected; moving averages remain well above the current price, indicating the stock is still below recent trading ranges.
• Negative Sentiment: Several analysts trimmed price targets despite keeping “buy” ratings — Jefferies cut its target from $35 to $30 — increasing near‑term selling pressure as brokers reset upside. Jefferies lowers PT on Pagaya
• Negative Sentiment: Benchmark lowered its target from $48 to $33 while maintaining a buy stance, another downward revision that can weigh on sentiment. Benchmark lowers PT on Pagaya
• Negative Sentiment: Canaccord trimmed its target from $39 to $32 (buy maintained), adding to the cluster of price‑target cuts. Canaccord lowers PT TickerReport reference

About Pagaya Technologies

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.