PGY
Pagaya Technologies Ltd.

Pagaya Technologies Ltd.PGY

Technology · Software - Infrastructure
17.50USD
+0.52%
Nov 09, 2026
PGY overview ready
AI-driven consumer credit underwriting and loan distribution platform
Pagaya is a direct platform operator that combines AI-based credit evaluation with a funding and asset-backed-securities distribution network for partner-originated consumer loans.
Theme not measured
Fintech & Payments has no leadership state this session.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of constructive pullback.
The tactical setup reads constructive pullback, but the weekly structure is broken.
Attractive valuation
Current market expectations look undemanding relative to the cash the business actually produces.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Dependence on consumer credit market conditions.
Market Nov 6Price action Nov 8Research Oct 18

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction6.0BusinessPerformance—BusinessQuality—Valuation7.0ThemeMomentum—Business Performance not yet available.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Fintech & Payments — Fintech & Payments is tracked (3–4 priced members) — too few for a leadership state
Price
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Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of constructive pullback.
The tactical setup reads constructive pullback, but the weekly structure is broken.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$1.5B
Avg Volume (60D)
2.3M
60 sessions
Revenue Growth YoY
+10.8%
Trailing twelve months
Gross Margin
+43.9%
Operating Margin
+21.7%
Trailing twelve months
Free Cash Flow Yield
+17.1%
Distance from 200DMA
+6.8%
Next Earnings
2027-01-28
P/E
11.1x
EV / EBITDA
5.9x
EV / Sales
1.6x
Market metrics as of Nov 8, 2026

Business Performance

Business Quality

Not assessed

Not assessed — banks, insurers and lenders need a different model.

Fundamentals & Valuation

Both valuation perspectives agree this company is cheap.
Pagaya Technologies Ltd. has a Cheap valuation stance because current market expectations look undemanding relative to the cash the business actually produces.

Company Research

Thesis
Pagaya is a direct platform operator that combines AI-based credit evaluation with a funding and asset-backed-securities distribution network for partner-originated consumer loans. The story is still emerging, so the exposure is real but early.
Opportunity
Moderate opportunity
Machine-learning credit decisioning and platform-based loan distribution that allow lenders to approve or monetize more consumer-credit applications while connecting originated loans with institutional funding vehicles.
Key risk
Dependence on consumer credit market conditions.

Economic classification

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Business & Markets

Technology · Software - Infrastructure
What they do

Pagaya Technologies Ltd. uses proprietary AI and data science to evaluate consumer credit applications and connect loan originators with institutional investors through an automated platform.

How it earns

The company generates revenue primarily through transactional fees tied to loan origination and distribution activities.

Products & services
Decline Monetization
Dual Look
First Look
Customers & end markets
Financial institutions and lenders
Institutional and sophisticated investors
Market position

Niche player combining AI credit evaluation with loan capital markets distribution.

Demand drivers
Medium cyclicality

Business depends on consumer credit demand and capital markets conditions which fluctuate with economic cycles.