Pagaya Technologies Ltd. Stock Price, News & Analysis

Achieve and Pagaya (NASDAQ: PGY) announced a partnership dated Dec 17, 2025 to expand consumer access to personal loans via Achieve's platform. Achieve will integrate Pagaya's AI-powered underwriting and data network to broaden credit access while serving as end-to-end servicer for the loans.

The collaboration will initially focus on personal-loan decisioning via Pagaya's API and consumer data set, with plans to explore prescreening, affiliate marketing, and additional lending products over time. Achieve highlights its recent adoption of FICO Score 10 T for richer borrower insights.

Pagaya (NASDAQ: PGY) closed PAID 2025-8, a $500 million AAA-rated personal loan asset-backed securitization, marking the eighth fully-prefunded PAID deal of 2025.

The transaction brings Pagaya's year-to-date personal loan ABS funding to approximately $5.4 billion and is the 19th deal across all asset classes. To date in 2025, 74 unique investors participated in the PAID platform and the company reports over 150 institutional investors across its programs.

Since 2018 Pagaya has completed 83 securitizations raising more than $34 billion to fund loans; the company currently funds just over $10 billion in loans and says it has seen a reduction in its cost of capital while broadening investor diversification.

Pagaya (NASDAQ: PGY) closed RPM 2025-6, a $400 million auto asset-backed securitization, marking another execution in its repeatable Auto ABS program.

Year to date the company has completed 18 ABS transactions totaling $7.6 billion across personal loans, auto, and point-of-sale, the largest annual ABS issuance in Pagaya’s history; management says pricing and investor demand supported the deal.

Pagaya (NYSE:PGY) said its management team will participate in two investor conferences in December 2025.

• UBS Technology Conference — Dec 3-4, 2025 in Scottsdale, AZ.
• Jefferies Specialty Finance Crossover Conference — Dec 11, 2025 in New York, NY.

No financial results or presentation times were disclosed in the announcement.

Pagaya (NASDAQ: PGY) reported record third-quarter 2025 results, raising full-year guidance for the third consecutive quarter.

Key third-quarter metrics: GAAP net income $23M (up $90M YoY), Adjusted EBITDA $107M (up 91% YoY), Total revenue and other income $350M (up 36% YoY), Network volume $2.8B (up 19% YoY), and FRLPC $139M (up 39% YoY). The company raised $500M in corporate debt, expanded a revolving credit facility to $132M, closed ABS transactions including a $300M POSH deal, and announced an inaugural Auto forward flow up to $500M, bringing forward flow and pass-through capacity to ~$5.5B since end of 2024.

Full-year 2025 outlook: Network volume $10.5B–$10.75B, Total revenue $1,300M–$1,325M, Adjusted EBITDA $372M–$382M, GAAP net income $72M–$82M.

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.