Pagaya Technologies Ltd. (PGY) demonstrates strong Q2/2026 revenue re-acceleration, profit growth, and robust partner network expansion. PGY's AI-driven lending model delivers stable performance and operating leverage, with over 45% of flow now from non-decline products. Despite exceptional profitability and resilience, PGY trades at a significant valuation discount to peers, with a forward P/E of 5.1 and PEG of 0.09.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Pagaya Technologies Ltd. (PGY) closed at $21.03 in the latest trading session, marking a -2.16% move from the prior day.
PGY's AI-driven lending platform is gaining scale as record network volume, Auto growth and expanded funding lift profits and outlook.
Pagaya Technologies PGY and Enova International ENVA are peers in the technology-enabled lending space, with both relying on data analytics and advanced underwriting tools to expand access to credit. Amid still-high borrowing costs, cautious lending standards and resilient credit demand, the two companies are navigating the same broader lending environment through different business models.
Pagaya shares soar 93.8% in six months as stronger growth, rising profitability and institutional funding support a sharp rebound.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
The mean of analysts' price targets for Pagaya Technologies Ltd. (PGY) points to a 30.9% upside in the stock.
Pagaya's record network volume, fueled by auto, personal loans and new products, is supporting revenue growth as funding access remains strong.
I'm reiterating Pagaya Technologies as a Strong Buy, with the price target adjusted to $67 due to higher share count and net debt. Q2 2026 results validate PGY's AI-driven lending platform, showing 33% network volume growth, 43% adjusted EBITDA growth, and expanding operating leverage. Core operating expenses declined 6% while network volume surged, driving adjusted EBITDA margin to 32% and reinforcing confidence in scalable profitability.
The artificial intelligence (AI)-driven lending landscape has gained momentum as financial institutions increasingly turn to technology to improve credit underwriting, expand borrower access and manage risk. Pagaya Technologies Ltd.
Pagaya Technologies NASDAQ: PGY CFO Jonathan Dobres outlined the company's growth strategy, funding model and profitability trajectory at the 46th Annual Canaccord Growth Conference, emphasizing expansion with existing lending partners as well as new partner additions.