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-0.00131004366812232 -0.00262008733624464 0.00202620087336238 0.00436681222707414 0.0244541484716157 0.0358078602620087 0.02882096069869 0.0279475982532751
Stock impact report

Pagaya (PGY) Targets 50% Profit Growth with AI Lending Platform [Yahoo! Finance]

Pagaya Technologies Ltd. (PGY) 
Company Research Source: Yahoo! Finance
Ltd. (NASDAQ:PGY) announced its plan of action at the Morgan Stanley Technology, Media, and Telecom Conference, with CFO Evangelos Perros highlighting the company's AI-driven lending platform and focus on profitable expansion. The company strives for $100-$150 million in GAAP net income in 2026, representing around 50% growth, while maintaining positive cash flow amid macroeconomic pressures. Moreover, Perros cited the company's $1 trillion annual application dataset as a key asset, which drives its underwriting algorithms and gives it a competitive advantage. At the same time, Pagaya Technologies Ltd. (NASDAQ:PGY) is transitioning from riskier loan generation to partner-led and product-driven development, incorporating AI technology into lending platforms for personal, auto, and point-of-sale financing. It is also expanding into a multi-product platform, including tools like Pre-Screen and Affiliate Optimizer. Pagaya Technologies Ltd. (NASDAQ:PGY) is a product-focused technolog Show less Read more
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