Pagaya Technologies Ltd. (PGY) Price Target Analysis
Updated Jun 26, 2026
Analyst Rating: Buy
Based on 12 analysts76.4% Below Target
PGY trades 76.4% below Wall Street's consensus target of $28.00.
Current Price$15.87
Average Target$28.00
Target
Current
Low$22.00
Median$28.50
High$33.00
Analyst Target Range
Forward P/E11.5x
(Value)
PEG Ratio—
Implied Growth+36.0%
(High Growth)
Analyst Spread39.3%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes PGY achieves its forward estimates and maintains a stable P/E multiple of 11.5x. This scenario reflects the blended consensus of 12 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
PGY Price Target Analysis
Updated June 29, 2026As of June 29, 2026, Pagaya Technologies Ltd. (PGY) has a Wall Street consensus price target of $28.00, based on estimates from 12 covering analysts. With the stock currently trading at $15.87, this represents a potential upside of +76.4%. The company has a market capitalization of $1.32B.
Analyst price targets range from a low of $22.00 to a high of $33.00, representing a 39% spread in expectations. The median target of $28.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, PGY trades at a trailing P/E of 17.1x and forward P/E of 11.5x. Analysts expect EPS to grow +36.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $6.24, with bear and bull scenarios of $3.93 and $8.22 respectively. Model confidence stands at 44/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+22.4%
Industry Consensus
Avg Forward P/E
18.1x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
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 AFRMAffirm Holdings, Inc. | $26.5B | $79.49 | $82.29 | +3.5% | Buy | 63.7x | 33 |
 PRAAPRA Group, Inc. | $722M | $18.93 | $25.00 | +32.1% | Hold | 7.5x | 13 |
 ENVAEnova International, Inc. | $5.8B | $231.04 | $205.00 | -11.3% | Buy | 14.0x | 10 |
 FICOFair Isaac Corporation | $27.4B | $1182.79 | $1604.67 | +35.7% | Buy | 27.5x | 19 |
 LCLendingClub Corporation | $2.2B | $19.21 | $22.75 | +18.4% | Buy | 11.0x | 25 |
 TREELendingTree, Inc. | $564M | $40.68 | $69.00 | +69.6% | Buy | 7.2x | 23 |
 OPRTOportun Financial Corporation | $263M | $5.75 | $10.88 | +89.2% | Hold | 3.7x | 8 |
 ATLCAtlanticus Holdings Corporation | $1.7B | $110.41 | $100.00 | -9.4% | Buy | 11.7x | 6 |
 CACCCredit Acceptance Corporation | $6.6B | $628.86 | $540.00 | -14.1% | Hold | 13.1x | 18 |
PGY — Frequently Asked Questions
Quick answers to the most common questions about buying PGY stock.
What is the PGY stock price target for 2026?
The consensus Wall Street price target for PGY is $28, representing 76.4% upside from the current price of $15.87. With 12 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is PGY a buy, sell, or hold?
PGY has a consensus rating of "Buy" based on 12 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $28 implies 76.4% upside from current levels.
Is PGY stock overvalued or undervalued?
With a forward P/E of 11.4908x, PGY trades at a relatively low valuation. The consensus target of $28 implies 76.4% appreciation, suggesting meaningful undervaluation.
How high can PGY stock go?
The most bullish Wall Street analyst has a price target of $33 for PGY, while the most conservative target is $22. The consensus of $28 represents the median expectation. Our quantitative valuation model projects a bull case target of $8 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover PGY stock?
PGY is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PGY stock forecast?
The 12-month PGY stock forecast based on 12 Wall Street analysts shows a consensus price target of $28, with estimates ranging from $22 (bear case) to $33 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $6, with bear/bull scenarios of $4/$8.
What is PGY's fair value based on fundamentals?
Our quantitative valuation model calculates PGY's fair value at $6 (base case), with a bear case of $4 and bull case of $8. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.
What is PGY's forward P/E ratio?
PGY trades at a forward P/E ratio of 11.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PGY stock?
Wall Street analysts are very optimistic on PGY, with a "Buy" consensus rating and $28 price target (76.4% upside). 8 of 12 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do PGY price targets vary so much?
PGY analyst price targets range from $22 to $33, a 39% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $28 consensus represents the middle ground. Our model's $4-$8 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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