Pagaya Technologies Ltd (PGY) stock expected to rise by 36.63%: What’s driving the optimism?

A share price of Pagaya Technologies Ltd [PGY] is currently trading at $15.37, up 4.99%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PGY shares have gain 22.96% over the last week, with a monthly amount glided 74.46%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Pagaya Technologies Ltd [NASDAQ: PGY] stock has seen the most recent analyst activity on February 07, 2025, when Citigroup upgraded its rating to a Buy and also boosted its price target to $14.50 from $13. On October 01, 2024, Oppenheimer initiated with a Outperform rating and assigned a price target of $12 on the stock. Keefe Bruyette initiated its recommendation with a Outperform and recommended $23 as its price target on June 17, 2024. Citigroup started tracking with a Neutral rating for this stock on May 24, 2024, and assigned it a price target of $14. In a note dated December 14, 2023, Jefferies initiated an Buy rating and provided a target price of $2.50 on this stock.

Pagaya Technologies Ltd experienced fluctuations in its stock price throughout the past year between $8.20 and $20.00. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Pagaya Technologies Ltd [NASDAQ: PGY] shares were valued at $15.37 at the most recent close of the market. An investor can expect a potential return of 36.63% based on the average PGY price forecast.

Analyzing the PGY fundamentals

Trailing Twelve Months sales for Pagaya Technologies Ltd [NASDAQ:PGY] were 1.00B which represents 31.00% growth. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.33 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.49.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.12 points at the first support level, and at 12.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.00, and for the 2nd resistance point, it is at 16.63.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Pagaya Technologies Ltd [NASDAQ:PGY] is 1.80. In addition, the Quick Ratio stands at 1.17 and the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 1.13, the price to book ratio is 2.42.

Transactions by insiders

Recent insider trading involved Rosen Tami, Chief Development Officer, that happened on Feb 13 ’25 when 35369.0 shares were sold. Director, TAMI ROSEN completed a deal on Feb 13 ’25 to buy 35369.0 shares. Meanwhile, Chief Development Officer Rosen Tami sold 9846.0 shares on Feb 07 ’25.

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