Pagaya Technologies Ltd. Price & Performance (PGY)

Pagaya Technologies has successfully executed a $500 million AAA-rated consumer loan asset-backed securities transaction, marking its ninth consecutive such deal. The offering was oversubscribed, attracting 32 investors and reflecting continued robust demand. This accomplishment strengthens Pagaya’s position as a leading issuer of personal loan ABS in the U.S. market.12

Alpine Global Management LLC recently sold 285,000 shares of Pagaya Technologies, as the company’s stock experienced a 5% decline. Despite strong revenue growth and leadership in asset-backed securities issuance, Pagaya’s shares have shown significant volatility, with a wide trading range and high risk noted by analysts in recent sessions.34

Wall Street analysts maintain a generally bullish outlook on Pagaya Technologies, with a consensus price target above $20, even as the company posted a net loss of $401 million for 2024. Recent upgrades and buy recommendations highlight confidence in Pagaya’s business model and anticipated profitability later in 2025.56