Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands. The company offers Decline Monetization, the flagship product which allows Partners to automatically send rejected loan applications to its network, as well as approve customers they would otherwise decline; Dual Look which allows to assess applications concurrently with its Partners in real time; and First Look that routes designated segments of loan applications to the network for evaluation.It also provides Affiliate Optimizer Engine, a customer acquisition tool which enables Partners to originate loans through third-party affiliate channels; Direct Marketing Engine, that utilizes data network to help Partners target and acquire new customers through direct channels; and FastPass which accelerates the transaction process. Its partners include financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. The company is headquartered in New York, New York.
Fintech Innovato | Pagaya Technologies leverages AI-driven technology to revolutionize consumer finance, partnering with lending institutions for efficient scaling and improved margins |
Growth Trajectory | Explore Pagaya's impressive revenue growth and projected profitability, with analysts forecasting a 20% CAGR and GAAP profitability by Q1 2025 |
Strategic Partnerships | Delve into Pagaya's collaboration with Klarna, potentially generating over $1 billion in originations and expanding into point-of-sale financing for major retailers |
Market Outlook | Analysts maintain bullish ratings with price targets ranging from $13.75 to $46, citing Pagaya's unique business model and potential for significant operating leverage |
Metrics to compare | PGY | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPGYPeersSector | |
|---|---|---|---|---|
P/E Ratio | 12.8x | −11.4x | 12.2x | |
PEG Ratio | 0.10 | 0.04 | 0.01 | |
Price/Book | 2.1x | 2.3x | 2.4x | |
Price / LTM Sales | 0.8x | 2.5x | 2.3x | |
Upside (Analyst Target) | 157.1% | 60.1% | 30.5% | |
Fair Value Upside | Unlock | 6.4% | 8.8% | Unlock |