Pagaya Technologies Ltd. Stock Price, News & Analysis

Pagaya (NASDAQ: PGY) signed a forward flow agreement with Castlelake to sell up to $500 million of auto loans sourced through Pagaya’s platform, the companies said on November 3, 2025. This is Pagaya and Castlelake’s first auto forward flow transaction and expands their relationship to two asset classes: personal loans and auto loans. The deal aims to accelerate Pagaya’s auto lending platform, complement its AAA-rated auto ABS program, and diversify funding to support Pagaya’s self-funded growth model across 31 lending partners.

Pagaya (NYSE:PGY) announced that its management team will participate in three investor conferences in November 2025: the KBW FinTech Payments Conference on November 12, 2025 in New York, and both Citi’s 14th Annual FinTech Conference and the Stephens Annual Investment Conference | NASH2025 on November 18, 2025 in New York and Nashville, respectively.

The appearances are investor-facing presentations and provide opportunities for management to discuss strategy and recent developments with attendees and investors.

Pagaya (NASDAQ: PGY) closed PAID 2025-7, a $500 million AAA‑rated personal loan ABS backed by consumer loans originated on Pagaya’s network. The transaction is Pagaya’s seventh fully‑prefunded PAID deal of 2025 and the company’s 15th securitization across all asset classes this year.

The deal brings Pagaya’s year‑to‑date personal‑loan funding to over $4 billion and contributes to more than $6 billion of capital commitments raised across all ABS programs in 2025. The offering attracted demand from a diverse investor base; 72 unique investors have participated in PAID deals this year and the company reports 150+ institutional investors across its programs. Since 2018, Pagaya has completed 79 securitizations raising over $32 billion to fund network-originated loans.

Pagaya (NASDAQ: PGY) plans to release its third quarter 2025 earnings on November 10, 2025. A conference call to discuss results is scheduled the same day at 8:30 a.m. ET / 3:30 p.m. IST. Registration and the live webcast will be available on the company's investor relations site at investor.pagaya.com. A replay of the webcast will be posted on the IR website after the event.

Pagaya (NASDAQ: PGY) closed RPM 2025-5, a $400 million auto ABS backed by loans from national partners including Ally and Westlake. One William Street Capital Management purchased the residual certificates as a strategic funding partner, supporting Pagaya's capital efficiency and expansion of its auto product offering.

Pagaya said the deal brings its 2025 cumulative auto ABS issuance to an annual record of ~$1.7 billion, and cited a $2 billion annual run rate for its auto lending funnel; the company noted it has raised over $32 billion across 78 ABS since 2018.

Pagaya Technologies (NASDAQ: PGY) has successfully expanded its revolving credit facility to $132 million, more than doubling the previous $58 million facility. The company secured a significant 400 basis points reduction in interest rates, dropping from SOFR+750 to SOFR+350.

The expanded facility is supported by new banking partners including Wells Fargo, Citizens, TD Bank, and Texas Capital, along with increased commitments from existing lenders such as Bank of Montreal, Valley Bank, and CIBC. This expansion aligns the cost of Pagaya's corporate borrowings at or below its recent high-yield bond coupon of 8.875%, strengthening its balance sheet and supporting continued growth.

Pagaya Technologies (NASDAQ: PGY) has successfully closed PAID 2025-6, an upsized $600 million asset-backed securitization (ABS) backed by consumer loans. The deal, originally targeted at $500 million, represents the company's sixth fully-prefunded PAID transaction of 2025 and its 13th deal across all asset classes.

The AAA-rated securitization contributes to Pagaya's impressive $4 billion raised for personal loans year-to-date, with total capital commitments of $5.5 billion across all asset classes in 2025. The company has completed 77 securitizations since 2018, raising over $31 billion in capital, and currently maintains a network of more than 150 institutional investors across its various programs.

Pagaya Technologies (NYSE:PGY), an AI-driven financial technology solutions provider, has announced its management team's participation in four upcoming investor conferences in September 2025. The company will attend the Jefferies FinTech Conference (Sept 3) and Benchmark TMT Conference (Sept 4) in New York, followed by the EY JournEY (Sept 9) and Jefferies Tech Trek (Sept 11) in Tel Aviv.

Pagaya Technologies (NASDAQ: PGY) reported strong Q2 2025 financial results, marking its second consecutive quarter of positive GAAP net income. The company achieved record performance across key metrics, including net income of $17 million (up $91 million YoY), Adjusted EBITDA of $86 million (up 72% YoY), and total revenue of $326 million (up 30% YoY).

Notable achievements include the issuance of their first AAA-rated Auto ABS and inaugural AAA-rated Point-of-Sale revolving ABS structure, along with a successful $500 million 5-year Senior Unsecured Notes offering. The company raised its full-year 2025 guidance, expecting network volume between $10.5-11.5 billion and total revenue between $1.25-1.325 billion.