Wall Street Analysts Think Pagaya Technologies Ltd. (PGY) Could Surge 28.6%: Read This Before Placing a Bet

Group 1 - Pagaya Technologies Ltd. (PGY) closed at $17.13, with a 50.8% gain over the past four weeks, and a mean price target of $22.03 suggests a 28.6% upside potential [1] - The mean estimate consists of nine short-term price targets with a standard deviation of $6.97, indicating variability; the lowest estimate is $13.75 (19.7% decline), while the highest is $36 (110.2% increase) [2] - Analysts show strong agreement on PGY's ability to report better earnings than previously predicted, which supports the view of potential upside [4][11] Group 2 - The Zacks Consensus Estimate for PGY's current year earnings has increased by 84% over the last 30 days, with two estimates moving higher and no negative revisions [12] - PGY holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [13] - While consensus price targets may not be reliable for predicting exact gains, they can provide a directional guide for price movement [13]