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Pagaya Technologies (PGY) Stock Forecast & Price Target

$11.81
+0.22 (+1.90%)
(As of 05/31/2024 ET)

Pagaya Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 7 Analyst Ratings

Consensus Price Target

$27.50
132.85% Upside
High Forecast$48.00
Average Forecast$27.50
Low Forecast$11.50
TypeCurrent Forecast
6/2/23 to 6/1/24
1 Month Ago
5/3/23 to 5/2/24
3 Months Ago
3/4/23 to 3/3/24
1 Year Ago
6/2/22 to 6/2/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$27.50$38.08$42.50$48.84
Forecasted Upside132.85% Upside114.03% Upside91.44% Upside28.47% Upside
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PGY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PGY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Pagaya Technologies Stock vs. The Competition

TypePagaya TechnologiesBusiness Services CompaniesS&P 500
Consensus Rating Score
2.71
2.63
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside132.85% Upside159.25% Upside9.98% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/24/2024Citigroup
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 Initiated CoverageNeutral$14.00+22.59%
5/10/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$22.00+75.86%
5/9/2024Canaccord Genuity Group
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 Reiterated RatingBuy ➝ Buy$42.00 ➝ $42.00+233.33%
4/8/2024JMP Securities
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 Lower TargetMarket Outperform ➝ Market Outperform$30.00 ➝ $25.00+126.86%
3/15/2024Wedbush
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 Lower TargetNeutral ➝ Neutral$18.00 ➝ $11.50+15.69%
12/14/2023Jefferies Financial Group
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 Initiated CoverageBuy$30.00+79.86%
7/26/2023B. Riley
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 Initiated CoverageBuy$48.00+85.19%
2/16/2023UBS Group
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 Boost TargetNeutral$15.00 ➝ $16.20+9.76%
9/12/2022Moffett Nathanson
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Eugene Simuni
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Initiated CoverageMarket Perform$144.00+9.09%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:42 PM ET.

PGY Frequently Asked Questions

What is Pagaya Technologies's stock forecast and purchase recommendation?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Pagaya Technologies is $27.50, with a high forecast of $48.00 and a low forecast of $11.50. The consensus rating for Pagaya Technologies stock is Moderate Buy based on the current 2 hold ratings and 5 buy ratings for PGY. Learn more on PGY's analyst rating history.

Do Wall Street analysts like Pagaya Technologies more than its competitors?

Analysts like Pagaya Technologies more than other "business services" companies. The consensus rating score for Pagaya Technologies is 2.71 while the average consensus rating score for "business services" companies is 2.63. Learn more on how PGY compares to other companies.

Does Pagaya Technologies's stock price have much upside?

According to analysts, Pagaya Technologies's stock has a predicted upside of 92.33% based on their 12-month stock forecasts.

What analysts cover Pagaya Technologies?

Pagaya Technologies has been rated by research analysts at Benchmark, Canaccord Genuity Group, Citigroup, JMP Securities, and Wedbush in the past 90 days.


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This page (NASDAQ:PGY) was last updated on 6/1/2024 by MarketBeat.com Staff

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