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Pagaya Technologies posts strong Q2 revenue growth and profit, trading at a discount despite solid AI-driven lending model.

Analyst Insights
18 Sep 2026
Seeking Alpha
View Source
Bullish
Pagaya Technologies posts strong Q2 revenue growth and profit, trading at a discount despite solid AI-driven lending model.

Pagaya Technologies Ltd. reported strong revenue re-acceleration and profit growth in Q2 2026, driven by its AI-powered lending model which now sources over 45% of flow from non-decline products. The company also expanded its partner network significantly, demonstrating stable performance and operating leverage. Despite these positive fundamentals and exceptional profitability, Pagaya trades at a notable valuation discount compared to peers, with a forward P/E of 5.1 and PEG of 0.09. The analyst rates Pagaya as a BUY, acknowledging short- to medium-term macroeconomic challenges but expecting strong long-term upside as conditions improve.

Pagaya Technologies' recent strong financial performance is the backdrop for this market snapshot. For readers following the Technology sector, here is Pluang's market data as of Sep 18, 2026 16:51 WIB: Out of 150 priced US Technology stocks, 100 rose and 40 fell today. Notable movers include NOK (Nokia Corp) at USD 10.90 with a 1-day change of +2.73% and Pluang order activity showing 38% Sell / 62% Buy, GLW (Corning Incorporated) at USD 151.51 with a +2.57% change and 62% Sell / 38% Buy activity, and AXTI (AXT Inc) at USD 69.39 with a +2.42% change and 56% Sell / 44% Buy activity.

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