PGY

Pagaya Technologies is expected to report Q3 2026 earnings of $0.96 per share, down 5.9% year-over-year, with revenues up 8% to $378.05 million. The stock carries a Zacks Rank #4 (Sell) with 0% Earnings ESP, making it unlikely to beat consensus estimates. However, the company has beaten EPS estimates in all four of the last quarters.

Pagaya Technologies Ltd. (PGY) fell 3.8% in the latest trading session, significantly underperforming the S&P 500's 1.09% decline. The stock has dropped 12.89% over the past month.

While revenue is expected to grow 7.96% year-over-year, earnings per share are projected to decline 5.88%. The company holds a Zacks Rank of #4 (Sell) with a Forward P/E of 4.87, trading at a discount to its industry average.

Pagaya Technologies (PGY) leads OneMain Holdings (OMF) in 2026 revenue and earnings growth estimates, ROE, and recent stock performance, driven by its AI-powered lending platform and expanding partnerships. However, OneMain offers a lower valuation and stronger 2027 earnings growth outlook. Both stocks currently carry a Zacks Rank #4 (Sell) rating, suggesting investors should await more favorable conditions before investing.

Pagaya Technologies raised $3.7 billion across six asset-backed securities (ABS) transactions in Q2 2026 and added 11 new institutional investors, bringing the total to 174. The company is diversifying its funding model beyond traditional securitization through auto funding facilities, variable funding notes, and revolving personal-loan facilities. Despite expanding alternative funding sources, Pagaya completed a $600 million personal-loan securitization, bringing 2026 ABS issuance to over $9 billion, demonstrating that securitization remains a core funding engine.

Pagaya Technologies Ltd. (PGY) closed at $18.40, up 2.34% in the latest session but down 21.76% over the past month. The company is expected to report an EPS of $0.96 (down 5.88% YoY) with revenue of $378.05 million (up 7.96% YoY). However, the stock carries a Zacks Rank #4 (Sell) rating with a Forward P/E of 4.89, trading at a discount to its industry average of 10.94.

Pagaya Technologies (PGY) trades at a discounted 0.89X forward P/S ratio compared to industry average of 2.59X, supported by strong funding diversification ($3.7B raised in Q2 2026), multi-product expansion, and improving operating leverage with 1H26 revenues at $705M. However, the stock carries a Hold rating due to margin pressures from funding costs and flat earnings estimate revisions, warranting caution before building new positions.

Piper Sandler Companies is expected to report Q3 2026 earnings of $0.93 per share, representing a 2.1% year-over-year decline, with revenues expected to rise 2.2% to $465.39 million. The company has a negative Earnings ESP of -2.15% and a Zacks Rank #5 (Sell), making it unlikely to beat consensus estimates. However, the company has beaten EPS estimates in all four trailing quarters.