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Pagaya Technologies Ltd ( (PGY) ) has issued an update.
On July 30, 2026, Pagaya reported second-quarter 2026 results showing record performance across key metrics, including GAAP net income of $45 million, operating income of $106 million and adjusted EBITDA of $124 million, all sharply higher year over year. Total revenue and other income rose 19% to $387 million, while network volume increased 33% to $3.5 billion, helped by strong expansion in the Auto vertical and robust ABS funding activity totaling $3.7 billion across six transactions.
The company raised its full-year 2026 net income guidance to a range of $155 million to $180 million, alongside higher outlooks for network volume, total revenue and adjusted EBITDA, signaling growing earnings power and operating leverage as its AI-driven platform scales. Pagaya also highlighted a positive revision to its corporate rating outlook from Fitch, underscoring improved profitability and balance-sheet metrics, which may enhance its funding flexibility and reinforce its positioning as a key technology provider in consumer credit markets.
The most recent analyst rating on (PGY) stock is a Buy
with a $27.00 price target.
To see the full list of analyst forecasts on Pagaya Technologies Ltd stock,
see the PGY Stock Forecast page.
Spark’s Take on PGY Stock
According to Spark, TipRanks’ AI Analyst, PGY is a Outperform.
PGY scores well on financial performance, led by a clear profitability and cash-flow turnaround, though tempered by a mid-range balance sheet due to historical leverage/volatility. The earnings call supports the outlook with raised guidance and continued GAAP profitability, partially offset by cost-of-capital pressure and fair-value/investment losses. Technicals are positive in the short term but still below longer-term moving averages, and valuation appears reasonable with a ~10.4 P/E.
To see Spark’s full report on PGY stock,
click here.
More about Pagaya Technologies Ltd
Pagaya Technologies Ltd., listed on Nasdaq as PGY, is a global technology company focused on using machine learning and sophisticated AI to deliver consumer credit and other financial products. Through proprietary APIs and capital solutions integrated with a network of partners, Pagaya aims to expand access to mainstream financial services for consumers and investors across the U.S., operating from offices in New York and Tel Aviv.
The company’s platform supports banks, lenders and other financial institutions with embedded, AI-driven underwriting and funding capabilities. By leveraging a vast data network, Pagaya positions itself as an infrastructure player in the consumer finance ecosystem, targeting scalable, B2B-focused growth and broader inclusion in the credit markets.
Average Trading Volume: 3,792,727
Technical Sentiment Signal: Sell
Current Market Cap: $1.38B
Find detailed analytics on PGY stock on TipRanks’ Stock Analysis page.