Pagaya (PGY) Stock Forecast, Price Target & Predictions
PGY Stock Forecast
Pagaya stock forecast is as follows: an average price target of $12.19 (represents a -2.87% downside from PGY’s last price of $12.55) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
PGY Price Target
The average price target for Pagaya (PGY) is $12.19 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $1.25. This represents a potential -2.87% downside from PGY's last price of $12.55.
PGY Analyst Ratings
According to 14 Wall Street analysts, Pagaya's rating consensus is 'Buy'. The analyst rating breakdown for PGY stock is 0 'Strong Buy' (0.00%), 9 'Buy' (64.29%), 5 'Hold' (35.71%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Pagaya Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 26, 2024 | Mark Palmer | Coker Palmer | $21.00 | $13.05 | 60.92% | 67.33% |
| Apr 08, 2024 | David Scharf | JMP Securities | $25.00 | $11.08 | 125.63% | 99.20% |
| Jan 13, 2023 | - | UBS | $1.25 | $1.09 | 14.16% | -90.04% |
| Dec 14, 2022 | - | Canaccord Genuity | $1.50 | $0.69 | 118.66% | -88.05% |
The latest Pagaya stock forecast, released on Aug 26, 2024 by Mark Palmer from Coker Palmer, set a price target of $21.00, which represents a 60.92% increase from the stock price at the time of the forecast ($13.05), and a 67.33% increase from PGY last price ($12.55).
Pagaya Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $21.00 | $21.00 | $23.00 |
| Last Closing Price | $12.55 | $12.55 | $12.55 |
| Upside/Downside | 67.33% | 67.33% | 83.27% |
In the current month, the average price target of Pagaya stock is $21.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 67.33% increase as opposed to Pagaya's last price of $12.55. This month's average price target is down 0.00% compared to last quarter, and down -8.70% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 03, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Sep 03, 2024 | Wedbush | Market Outperform | Market Outperform | Hold |
| Aug 12, 2024 | Wedbush | Market Outperform | Market Outperform | Hold |
| Aug 12, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jun 17, 2024 | Keefe, Bruyette & Woods | - | Outperform | Initialise |
| Jun 07, 2024 | Wedbush | Market Outperform | Market Outperform | Hold |
| May 23, 2024 | Citigroup | - | Neutral | Initialise |
| Apr 08, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Dec 04, 2023 | Wedbush | Neutral | Neutral | Hold |
| Aug 28, 2023 | JMP Securities | - | Market Outperform | Initialise |
Pagaya's last stock rating was published by Keefe, Bruyette & Woods on Sep 03, 2024. The company gave PGY a "Underperform" rating, the same as its previous rate.
Pagaya Financial Forecast
Pagaya Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $175.25M | $178.17M | $185.61M |
| Avg Forecast | $370.40M | $356.00M | $342.10M | $328.80M | $303.31M | $287.90M | $276.32M | $267.61M | $265.71M | $253.06M | $239.21M | $225.28M | $221.06M | $194.44M | $188.94M | $179.32M | $163.31M | $180.00M |
| High Forecast | $377.70M | $363.02M | $348.84M | $335.28M | $309.29M | $293.57M | $281.76M | $272.89M | $270.94M | $254.16M | $243.92M | $229.72M | $228.26M | $201.01M | $192.67M | $182.86M | $166.53M | $183.55M |
| Low Forecast | $360.43M | $346.42M | $332.89M | $319.95M | $295.15M | $280.15M | $268.88M | $260.41M | $258.56M | $251.90M | $232.77M | $219.22M | $215.36M | $191.21M | $183.86M | $174.50M | $158.91M | $175.16M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 6 | 3 | 3 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.09% | 1.03% |
Pagaya's average Quarter revenue forecast for Jun 23 based on 3 analysts is $188.94M, with a low forecast of $183.86M, and a high forecast of $192.67M. PGY's average Quarter revenue forecast represents a 7.81% increase compared to the company's last Quarter revenue of $175.25M (Mar 23).
Pagaya EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 6 | 3 | 3 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-33.83M | $-39.28M | $-84.26M |
| Avg Forecast | $-40.35M | $-38.78M | $-37.26M | $-35.81M | $-33.04M | $-31.36M | $-30.10M | $-29.15M | $-28.94M | $-27.56M | $-26.06M | $-24.54M | $-24.08M | $-21.18M | $-20.58M | $-19.53M | $-17.79M | $-19.61M |
| High Forecast | $-39.26M | $-37.73M | $-36.26M | $-34.85M | $-32.15M | $-30.52M | $-29.29M | $-28.37M | $-28.16M | $-27.44M | $-25.35M | $-23.88M | $-23.46M | $-20.83M | $-20.03M | $-19.01M | $-17.31M | $-19.08M |
| Low Forecast | $-41.14M | $-39.54M | $-38.00M | $-36.52M | $-33.69M | $-31.98M | $-30.69M | $-29.72M | $-29.51M | $-27.68M | $-26.57M | $-25.02M | $-24.86M | $-21.90M | $-20.99M | $-19.92M | $-18.14M | $-19.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.73% | 2.21% | 4.30% |
undefined analysts predict PGY's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Pagaya's previous annual EBITDA (undefined) of $NaN.
Pagaya Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 6 | 3 | 3 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-98.62M | $-52.21M | $-67.00M |
| Avg Forecast | $8.61M | $7.18M | $7.18M | $5.74M | $5.74M | $1.97M | $-3.23M | $-7.36M | $-6.36M | $-9.33M | $-717.66K | $10.53M | $-7.18M | $-15.50M | $-24.48M | $-31.16M | $-57.83M | $-25.84M |
| High Forecast | $8.83M | $7.36M | $7.36M | $5.89M | $5.89M | $2.02M | $-3.12M | $-7.10M | $-6.13M | $-6.22M | $-692.55K | $10.80M | $-3.59M | $-14.96M | $-23.63M | $-30.07M | $-55.80M | $-24.93M |
| Low Forecast | $8.31M | $6.93M | $6.93M | $5.54M | $5.54M | $1.90M | $-3.31M | $-7.54M | $-6.52M | $-13.48M | $-736.05K | $10.16M | $-10.76M | $-15.90M | $-25.11M | $-31.96M | $-59.31M | $-26.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.16% | 0.90% | 2.59% |
Pagaya's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. PGY's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Pagaya SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 6 | 3 | 3 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $65.43M | $71.32M | $100.37M |
| Avg Forecast | $124.35M | $119.52M | $114.85M | $110.38M | $101.83M | $96.65M | $92.76M | $89.84M | $89.20M | $84.96M | $80.31M | $75.63M | $74.21M | $65.28M | $63.43M | $60.20M | $54.83M | $60.43M |
| High Forecast | $126.80M | $121.87M | $117.11M | $112.56M | $103.83M | $98.56M | $94.59M | $91.61M | $90.96M | $85.33M | $81.89M | $77.12M | $76.63M | $67.48M | $64.68M | $61.39M | $55.91M | $61.62M |
| Low Forecast | $121.00M | $116.30M | $111.76M | $107.41M | $99.09M | $94.05M | $90.27M | $87.43M | $86.80M | $84.57M | $78.15M | $73.60M | $72.30M | $64.19M | $61.73M | $58.58M | $53.35M | $58.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.30% | 1.66% |
Pagaya's average Quarter SG&A projection for Jun 23 is $63.43M, based on 3 Wall Street analysts, with a range of $61.73M to $64.68M. The forecast indicates a -3.05% fall compared to PGY last annual SG&A of $65.43M (Mar 23).
Pagaya EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 3 | 6 | 3 | 3 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.14 | $-0.08 | $-0.10 |
| Avg Forecast | $0.12 | $0.10 | $0.10 | $0.08 | $0.08 | $0.03 | $-0.04 | $-0.10 | $-0.09 | $-0.13 | $-0.01 | $0.15 | $-0.10 | $-0.22 | $-0.34 | $-0.43 | $-0.81 | $-0.36 |
| High Forecast | $0.12 | $0.10 | $0.10 | $0.08 | $0.08 | $0.03 | $-0.04 | $-0.10 | $-0.09 | $-0.09 | $-0.01 | $0.15 | $-0.05 | $-0.21 | $-0.33 | $-0.42 | $-0.78 | $-0.35 |
| Low Forecast | $0.12 | $0.10 | $0.10 | $0.08 | $0.08 | $0.03 | $-0.05 | $-0.11 | $-0.09 | $-0.19 | $-0.01 | $0.14 | $-0.15 | $-0.22 | $-0.35 | $-0.45 | $-0.83 | $-0.37 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | 0.09% | 0.27% |
According to undefined Wall Street analysts, Pagaya's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to PGY previous annual EPS of $NaN (undefined).
Pagaya Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ARQQ | Arqit Quantum | $0.29 | $14.00 | 4727.59% | Buy |
| STEM | Stem | $0.44 | $7.72 | 1654.55% | Hold |
| GCT | GigaCloud | $17.08 | $50.00 | 192.74% | Buy |
| ALAR | Alarum | $13.08 | $28.00 | 114.07% | Buy |
| PATH | UiPath | $12.51 | $25.53 | 104.08% | Hold |
| OKTA | Okta | $74.06 | $120.69 | 62.96% | Hold |
| ZS | Zscaler | $170.06 | $232.54 | 36.74% | Buy |
| CRWD | CrowdStrike | $259.13 | $322.56 | 24.48% | Buy |
| NET | Cloudflare | $78.59 | $95.00 | 20.88% | Hold |
| NTNX | Nutanix | $59.06 | $63.15 | 6.93% | Buy |
| PGY | Pagaya | $12.55 | $12.19 | -2.87% | Buy |
| PANW | Palo Alto Networks | $346.90 | $312.48 | -9.92% | Buy |
PGY Forecast FAQ
Is Pagaya a good buy?
Yes, according to 14 Wall Street analysts, Pagaya (PGY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 64.29% of PGY's total ratings.
What is PGY's price target?
Pagaya (PGY) average price target is $12.19 with a range of $1.25 to $25, implying a -2.87% from its last price of $12.55. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Pagaya stock go up soon?
According to Wall Street analysts' prediction for PGY stock, the company can go down by -2.87% (from the last price of $12.55 to the average price target of $12.19), up by 99.20% based on the highest stock price target, and down by -90.04% based on the lowest stock price target.
Can Pagaya stock reach $20?
PGY's highest twelve months analyst stock price target of $25 supports the claim that Pagaya can reach $20 in the near future.
What is Pagaya's current price target trend?
1 Wall Street analyst forecast a $21 price target for Pagaya (PGY) this month, up 67.33% from its last price of $12.55. Compared to the last 3 and 12 months, the average price target increased by 67.33% and increased by 83.27%, respectively.
What are Pagaya's analysts' financial forecasts?
Pagaya's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.14B (high $1.16B, low $1.1B), average EBITDA is $-124M (high $-120M, low $-126M), average net income is $-2.871M (high $-2.303M, low $-3.412M), average SG&A $381.09M (high $388.6M, low $370.83M), and average EPS is $-0.04 (high $-0.0321, low $-0.0475). PGY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.4B (high $1.42B, low $1.36B), average EBITDA is $-152M (high $-148M, low $-155M), average net income is $28.71M (high $29.44M, low $27.7M), average SG&A $469.1M (high $478.34M, low $456.48M), and average EPS is $0.4 (high $0.41, low $0.386).
Did the PGY's actual financial results beat the analysts' financial forecasts?
Based on Pagaya's last annual report (Dec 2022), the company's revenue was $685.41M, beating the average analysts forecast of $343.31M by 99.65%. Apple's EBITDA was $-314M, beating the average prediction of $-37.395M by 740.97%. The company's net income was $-293M, beating the average estimation of $-83.661M by 249.95%. Apple's SG&A was $398.42M, beating the average forecast of $115.25M by 245.68%. Lastly, the company's EPS was $-0.43, missing the average prediction of $-1.166 by -63.11%. In terms of the last quarterly report (Mar 2023), Pagaya's revenue was $175.25M, missing the average analysts' forecast of $179.32M by -2.27%. The company's EBITDA was $-33.831M, beating the average prediction of $-19.533M by 73.20%. Pagaya's net income was $-98.623M, beating the average estimation of $-31.163M by 216.48%. The company's SG&A was $65.43M, beating the average forecast of $60.2M by 8.68%. Lastly, the company's EPS was $-0.14, missing the average prediction of $-0.434 by -67.76%