PGY Stock Recent News

Pagaya's recent results and strong 2025 outlook hinge on ending write-offs and impairment charges, with management confident in improved visibility and reduced future impairments. Pagaya's AI-driven sub-prime lending model, despite past transparency issues and significant impairment charges, shows promise with improved credit standards and a diverse range of lending partners. The company's strategic partnerships and capital efficiency measures, including reduced reliance on ABS sales, position it for sustainable growth and profitability from Q2 2025.

Pagaya reported record network volume, take rate, FRLPC margin, and adjusted EBITDA in Q4 2024, a testament to the quality of its product. By taking a final impairment loss on vintage loans spanning 2021 through 2023, Pagaya can now showcase the quality of its business model by growing its profitability. Pagaya is actively diversifying its funding sources away from ABS issuances to reduce its risk exposure, which could see it exit FY 2025 at a retention rate near 3%.

NEW YORK, NY / ACCESS Newswire / February 21, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Pagaya Technologies Ltd ("Pagaya" or the "Company") (NASDAQ:PGY). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

Pagaya Technologies Ltd. is a fintech company leveraging AI to enhance financial services, showing impressive revenue growth and profitability but facing funding cost unpredictability and competitive pressures. The company's profitability has surged, with adjusted EBITDA up 88% YoY in Q4 and 156% for the year, indicating efficient scaling. Institutional funding and strategic partnerships are key to Pagaya's expansion, though reliance on institutional capital poses liquidity risks in volatile credit markets.

Upstart Holdings (UPST -4.35%) and Pagaya Technologies (PGY -2.65%) offer similar consumer credit evaluation products, using artificial intelligence (AI) to assess credit risk faster and with more accuracy than the traditional credit scoring model. They both released excellent earnings reports last week, and their stocks jumped accordingly.

NEW YORK, NY / ACCESS Newswire / February 19, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Pagaya Technologies Ltd ("Pagaya" or the "Company") (NASDAQ:PGY). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Pagaya Technologies Ltd ("Pagaya" or the "Company") (NASDAQ: PGY). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

NEW YORK, NY / ACCESS Newswire / February 15, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Pagaya Technologies Ltd ("Pagaya" or the "Company") (NASDAQ:PGY). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

Pagaya Technologies (PGY 19.02%) stock is soaring Thursday. The fintech company's share price was up 18.2% as of 2 p.m.

Pagaya Technologies Ltd. (NASDAQ:PGY ) Q4 2024 Results Conference Call February 13, 2025 8:30 AM ET Company Participants Josh Fagen - Head of Investor Relations Gal Krubiner - Chief Executive Officer Sanjiv Das - President Evangelos Perros - Chief Financial Officer Conference Call Participants John Hecht - Jefferies David Scharf - Citizens JMP Steven Kwok - KBW Pete Christiansen - Citi Joseph Vafi - Canaccord Genuity Operator Ladies and gentlemen, greetings, and welcome to the Pagaya Technologies' Fourth Quarter and Full Year 2024 Earnings Conference Call.