Pagaya president Das sells 31,382 class A ordinary shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2025
0mins
Should l Buy PGY?
- Sale of Shares: Pagaya president Sanjiv Das reported the sale of 31,382 class A ordinary shares on June 3.
- Share Price: The shares were sold at a price of $17.15 each.
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Analyst Views on PGY
Wall Street analysts forecast PGY stock price to rise
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 14.830
Low
35.00
Averages
43.33
High
54.00
Current: 14.830
Low
35.00
Averages
43.33
High
54.00
About PGY
Pagaya Technologies Ltd is an Israel-based company. It is primarily engaged in financial technology (FinTech) industry. The Company develops data science, machine learning and AI technology (Artificial Intelligence) analytics, enabling accurate, real-time customer credit assessments. Company's customers are lending companies that, by connecting to the AI Pagaya network, have the opportunity to discover and approve new customers that meet their credit criteria. Thanks to the Company's solutions, its customers gains a customer without undue risk. Pagaya Technologies Ltd delivers technology that provides loan assistance such as personal, car and credit card loans. The Company serves its clients all over the world.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Pagaya Technologies Q1 2026 Earnings Call Highlights
- Strong Financial Performance: Pagaya reported a GAAP net income of $25 million for Q1 2026, marking the fifth consecutive quarter of profitability, demonstrating resilience in core business drivers despite a volatile macro environment.
- Significant Funding Achievements: The company raised $2.1 billion this quarter, attracting five new investors and expanding its investor base through its first-ever auto resecuritization, thereby strengthening its capital market platform.
- Network Expansion: Pagaya successfully onboarded four new partners this quarter, with personal loans remaining the flagship asset class, representing 63% of production, which is expected to further drive market share growth.
- Optimistic Outlook: The company anticipates network volume for Q2 2026 to range between $2.875 billion and $3.075 billion, with adjusted EBITDA expected between $100 million and $115 million, reflecting confidence in future growth.
See More
Pagaya Technologies Q1 Earnings Exceed Expectations
- Earnings Beat: Pagaya Technologies reported a Q1 non-GAAP adjusted net income of $0.73 per diluted share, up from $0.69 a year ago and exceeding the Visible Alpha consensus of $0.56, indicating improved profitability and boosting market confidence.
- Optimistic EBITDA Guidance: The company provided Q2 adjusted EBITDA guidance between $100 million and $115 million, surpassing the analyst consensus of $104.5 million, reflecting strong performance in profitability and cost management.
- Revenue Growth Challenges: Despite reporting Q1 revenue of $317.94 million, an increase from the previous year, it fell short of the analyst estimate of $324.1 million, highlighting challenges in revenue growth that could impact future market performance.
- Executive Transition: CFO Evangelos Perros will step down on June 15, with Chief Strategy Officer Jon Dobres taking over, which may influence the company's strategic direction and investor confidence.
See More
Pagaya Raises 2026 Net Income Guidance to $110M-$160M Amid Management Changes
- Guidance Upgrade: Pagaya raised its 2026 net income guidance to a range of $110 million to $160 million from the previous $100 million to $150 million, indicating strong confidence in future performance despite first-quarter revenue of $318 million falling short of analysts' expectations of $323 million.
- Management Shakeup: The company appointed Chief Strategy Officer Jonathan Dobres as the new Chief Financial Officer, effective June 15, 2026, aiming to enhance financial management and strategic execution during a pivotal growth phase.
- Network Volume Growth: Pagaya reported a network volume of $2.6 billion in the first quarter, reflecting a 9% year-over-year increase driven by growth in the auto and Point-of-Sale (PoS) sectors, showcasing the robustness of its product mix despite missing revenue targets.
- Improved Market Sentiment: Retail sentiment around Pagaya shifted from 'bearish' to 'bullish' on Stocktwits, with message volumes increasing from 'normal' to 'high', indicating optimism about new partnerships and future growth opportunities.
See More
Pagaya Technologies Releases FY26 Outlook with Mixed Q4 Results
- Earnings Highlights: Pagaya Technologies reported a non-GAAP EPS of $0.73, beating expectations by $0.17, indicating strong profitability; however, revenue of $317.94 million, growing 9.6% year-over-year, missed estimates by $5.9 million, reflecting increased market competition pressures.
- Network Volume Growth: The first quarter network volume reached $2.6 billion, a 9% year-over-year increase, exceeding the outlook of $2.5 billion to $2.7 billion, driven by robust growth in the Auto and Point-of-Sale verticals, while maintaining a focus on prudent underwriting to ensure effective risk management.
- FY26 Outlook: Pagaya anticipates FY26 network volume between $11.45 billion and $13 billion, with total revenue and other income expected between $1.4 billion and $1.575 billion, and adjusted EBITDA projected between $420 million and $460 million, demonstrating confidence in future growth.
- Q2 Expectations: For Q2 FY26, Pagaya expects network volume between $2.875 billion and $3.075 billion, with total revenue and other income projected between $345 million and $365 million, and adjusted EBITDA between $100 million and $115 million, indicating ongoing growth while actively managing costs and risks.
See More
Pagaya Closes Upsized $800 Million ABS Transaction Amid Strong Demand
- Transaction Upsizing: Pagaya successfully closed an $800 million AAA-rated personal loan ABS transaction, exceeding the initial target by over 30%, reflecting strong investor demand and market confidence.
- Record Issuance Volume: Year-to-date, Pagaya's personal loan ABS issuance has reached approximately $3 billion, outpacing the pace expected for 2025, indicating the continued acceleration of its personal loan business.
- Increased Investor Participation: The deal attracted participation from 33 unique investors, marking an expansion of Pagaya's capital markets platform, and demonstrating robust investor confidence in Pagaya's PAID shelf despite ongoing market volatility.
- Long-term Growth Potential: Since 2018, Pagaya's total issuance has approached $38 billion across 89 ABS transactions, showcasing its strong market position and sustained growth potential in personal loans, auto loans, and POS programs.
See More
Pagaya Technologies to Attend Investor Conferences
- Investor Conference Participation: Pagaya Technologies' management team will participate in several investor conferences, including the Oppenheimer 27th Annual Israeli Conference on May 18, 2026, in Tel Aviv, showcasing its influence in the fintech sector.
- Conference Schedule: The company will also attend the Barclays 30th Annual Leveraged Finance Conference on May 19, 2026, in Austin, TX, and the B. Riley Annual Investor Conference on May 20, 2026, in Los Angeles, further expanding its investor relations.
- Tech-Driven Financial Products: Utilizing machine learning and a vast data network, Pagaya provides consumer credit and other financial products, aiming to enhance user experience and increase accessibility to the mainstream economy through its proprietary API and capital solutions.
- Company Vision: As a global technology company, Pagaya is committed to reshaping the financial services ecosystem, making life-changing financial products and services available to more people, highlighting its strategic significance in the industry.
See More
Pagaya Technologies Q1 2026 Earnings Call Highlights
- Strong Financial Performance: Pagaya reported a GAAP net income of $25 million for Q1 2026, marking the fifth consecutive quarter of profitability, demonstrating resilience in core business drivers despite a volatile macro environment.
- Significant Funding Achievements: The company raised $2.1 billion this quarter, attracting five new investors and expanding its investor base through its first-ever auto resecuritization, thereby strengthening its capital market platform.
- Network Expansion: Pagaya successfully onboarded four new partners this quarter, with personal loans remaining the flagship asset class, representing 63% of production, which is expected to further drive market share growth.
- Optimistic Outlook: The company anticipates network volume for Q2 2026 to range between $2.875 billion and $3.075 billion, with adjusted EBITDA expected between $100 million and $115 million, reflecting confidence in future growth.
See More
Pagaya Technologies Q1 Earnings Exceed Expectations
- Earnings Beat: Pagaya Technologies reported a Q1 non-GAAP adjusted net income of $0.73 per diluted share, up from $0.69 a year ago and exceeding the Visible Alpha consensus of $0.56, indicating improved profitability and boosting market confidence.
- Optimistic EBITDA Guidance: The company provided Q2 adjusted EBITDA guidance between $100 million and $115 million, surpassing the analyst consensus of $104.5 million, reflecting strong performance in profitability and cost management.
- Revenue Growth Challenges: Despite reporting Q1 revenue of $317.94 million, an increase from the previous year, it fell short of the analyst estimate of $324.1 million, highlighting challenges in revenue growth that could impact future market performance.
- Executive Transition: CFO Evangelos Perros will step down on June 15, with Chief Strategy Officer Jon Dobres taking over, which may influence the company's strategic direction and investor confidence.
See More
Pagaya Raises 2026 Net Income Guidance to $110M-$160M Amid Management Changes
- Guidance Upgrade: Pagaya raised its 2026 net income guidance to a range of $110 million to $160 million from the previous $100 million to $150 million, indicating strong confidence in future performance despite first-quarter revenue of $318 million falling short of analysts' expectations of $323 million.
- Management Shakeup: The company appointed Chief Strategy Officer Jonathan Dobres as the new Chief Financial Officer, effective June 15, 2026, aiming to enhance financial management and strategic execution during a pivotal growth phase.
- Network Volume Growth: Pagaya reported a network volume of $2.6 billion in the first quarter, reflecting a 9% year-over-year increase driven by growth in the auto and Point-of-Sale (PoS) sectors, showcasing the robustness of its product mix despite missing revenue targets.
- Improved Market Sentiment: Retail sentiment around Pagaya shifted from 'bearish' to 'bullish' on Stocktwits, with message volumes increasing from 'normal' to 'high', indicating optimism about new partnerships and future growth opportunities.
See More
Pagaya Technologies Releases FY26 Outlook with Mixed Q4 Results
- Earnings Highlights: Pagaya Technologies reported a non-GAAP EPS of $0.73, beating expectations by $0.17, indicating strong profitability; however, revenue of $317.94 million, growing 9.6% year-over-year, missed estimates by $5.9 million, reflecting increased market competition pressures.
- Network Volume Growth: The first quarter network volume reached $2.6 billion, a 9% year-over-year increase, exceeding the outlook of $2.5 billion to $2.7 billion, driven by robust growth in the Auto and Point-of-Sale verticals, while maintaining a focus on prudent underwriting to ensure effective risk management.
- FY26 Outlook: Pagaya anticipates FY26 network volume between $11.45 billion and $13 billion, with total revenue and other income expected between $1.4 billion and $1.575 billion, and adjusted EBITDA projected between $420 million and $460 million, demonstrating confidence in future growth.
- Q2 Expectations: For Q2 FY26, Pagaya expects network volume between $2.875 billion and $3.075 billion, with total revenue and other income projected between $345 million and $365 million, and adjusted EBITDA between $100 million and $115 million, indicating ongoing growth while actively managing costs and risks.
See More
Pagaya Closes Upsized $800 Million ABS Transaction Amid Strong Demand
- Transaction Upsizing: Pagaya successfully closed an $800 million AAA-rated personal loan ABS transaction, exceeding the initial target by over 30%, reflecting strong investor demand and market confidence.
- Record Issuance Volume: Year-to-date, Pagaya's personal loan ABS issuance has reached approximately $3 billion, outpacing the pace expected for 2025, indicating the continued acceleration of its personal loan business.
- Increased Investor Participation: The deal attracted participation from 33 unique investors, marking an expansion of Pagaya's capital markets platform, and demonstrating robust investor confidence in Pagaya's PAID shelf despite ongoing market volatility.
- Long-term Growth Potential: Since 2018, Pagaya's total issuance has approached $38 billion across 89 ABS transactions, showcasing its strong market position and sustained growth potential in personal loans, auto loans, and POS programs.
See More
Pagaya Technologies to Attend Investor Conferences
- Investor Conference Participation: Pagaya Technologies' management team will participate in several investor conferences, including the Oppenheimer 27th Annual Israeli Conference on May 18, 2026, in Tel Aviv, showcasing its influence in the fintech sector.
- Conference Schedule: The company will also attend the Barclays 30th Annual Leveraged Finance Conference on May 19, 2026, in Austin, TX, and the B. Riley Annual Investor Conference on May 20, 2026, in Los Angeles, further expanding its investor relations.
- Tech-Driven Financial Products: Utilizing machine learning and a vast data network, Pagaya provides consumer credit and other financial products, aiming to enhance user experience and increase accessibility to the mainstream economy through its proprietary API and capital solutions.
- Company Vision: As a global technology company, Pagaya is committed to reshaping the financial services ecosystem, making life-changing financial products and services available to more people, highlighting its strategic significance in the industry.
See More
