Pagaya Technologies Ltd ( (PGY) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Pagaya Technologies Ltd. has seen a notable shift in its stock price due to increased confidence from major financial institutions. Citi has significantly raised its price target from $16.50 to $40, citing improved momentum in private credit and higher network growth assumptions. Similarly, Benchmark has boosted its target from $25 to $42, reflecting optimism in Pagaya’s strategic positioning and strong performance. The company’s outlook is further strengthened by a revised revenue forecast for Q2 2025, now expected to reach $326 million, and a new $2.5 billion forward flow agreement with Castlelake.
More about Pagaya Technologies Ltd
YTD Price Performance: 223.16%
Average Trading Volume: 2,437,797
Technical Sentiment Signal: Buy
Current Market Cap: $2.36B
For further insights into PGY stock on TipRanks’ Stock Analysis page.
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