Pagaya Technologies Ltd, a software solution provider specializing in online lending, auto finance, student loans, and credit card loans, has recently been the subject of market attention due to a notable adjustment in its stock valuation. The company, headquartered in Tel-Aviv, Israel, primarily serves clients in the United States and is listed on the Nasdaq with its shares traded in USD.
As of February 12, 2026, Pagaya Technologies’ stock closed at $12.43. This price represents a significant decline from its 52-week high of $44.99, achieved on September 17, 2025. The stock’s 52-week low was recorded at $8.50 on April 3, 2025, indicating a considerable range of volatility over the past year.
The recent market focus on Pagaya Technologies stems from a report by feedburner.com on February 10, 2026, which highlighted Jefferies’ decision to lower its price target for the stock to $30. This adjustment reflects a cautious outlook on the company’s near-term financial performance and market position.
Financially, Pagaya Technologies exhibits a negative price-to-earnings (P/E) ratio of -4.68, indicating that the company is currently operating at a loss relative to its market valuation. This negative P/E ratio underscores the challenges the company faces in achieving profitability. Additionally, the price-to-book (P/B) ratio stands at 2.08, suggesting that the market values Pagaya at just over twice its book value. This modest premium may be indicative of investor expectations for future improvements in asset quality.
With a market capitalization of approximately $999 million, Pagaya Technologies operates within the Information Technology sector, focusing on innovative software solutions for the lending industry. The company’s financial metrics and market performance highlight the dynamic and often unpredictable nature of the tech sector, particularly for firms navigating the complexities of financial technology services.
In summary, Pagaya Technologies Ltd continues to navigate a challenging market environment, marked by significant stock price volatility and ongoing efforts to achieve profitability. The recent adjustment in its stock price target by Jefferies reflects broader market sentiments and underscores the importance of strategic initiatives aimed at enhancing the company’s financial health and market position.
