Pagaya Technologies (PGY)
Market Price (3/21/2026): $10.79 | Market Cap: $885.7 MilSector: Financials | Industry: Specialized Finance
Pagaya Technologies (PGY)
Market Price (3/21/2026): $10.79Market Cap: $885.7 MilSector: FinancialsIndustry: Specialized Finance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 26% | Weak multi-year price returns2Y Excs Rtn is -28%, 3Y Excs Rtn is -84% | Key risksPGY key risks include [1] significant credit impairment losses from its practice of retaining the riskiest loan tranches, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -38% | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16% | |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 26% | ||
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18% | ||
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -64% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, and AI for Credit Underwriting. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 26% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -38% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 26% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -64% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, and AI for Credit Underwriting. |
| Weak multi-year price returns2Y Excs Rtn is -28%, 3Y Excs Rtn is -84% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16% |
| Key risksPGY key risks include [1] significant credit impairment losses from its practice of retaining the riskiest loan tranches, Show more. |
Qualitative Assessment
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Pagaya Technologies (PGY) stock has lost about 55% since 11/30/2025 because of the following key factors:
1. Cautious 2026 Outlook and Proactive Risk Reduction Strategy. Pagaya Technologies' stock plummeted after its Q4 2025 earnings release on February 9, 2026, largely due to management's conservative 2026 guidance and a strategic decision to reduce exposure to higher-volatility credit segments. The company announced a prioritization of disciplined, risk-first underwriting over aggressive market share gains, which included proactively cutting approximately $100-$150 million in monthly volume from these higher-risk areas.
2. Disappointing Q1 2026 Guidance. Following the Q4 2025 earnings, Pagaya provided first-quarter 2026 guidance that fell short of investor expectations. The company projected Q1 2026 network volume between $2.5 billion and $2.7 billion and revenue between $315 million and $335 million, contributing to the negative sentiment and sharp sell-off in shares.
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1. Cautious 2026 Outlook and Proactive Risk Reduction Strategy. Pagaya Technologies' stock plummeted after its Q4 2025 earnings release on February 9, 2026, largely due to management's conservative 2026 guidance and a strategic decision to reduce exposure to higher-volatility credit segments. The company announced a prioritization of disciplined, risk-first underwriting over aggressive market share gains, which included proactively cutting approximately $100-$150 million in monthly volume from these higher-risk areas.
2. Disappointing Q1 2026 Guidance. Following the Q4 2025 earnings, Pagaya provided first-quarter 2026 guidance that fell short of investor expectations. The company projected Q1 2026 network volume between $2.5 billion and $2.7 billion and revenue between $315 million and $335 million, contributing to the negative sentiment and sharp sell-off in shares.
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Stock Movement Drivers
Fundamental Drivers
The -57.4% change in PGY stock from 11/30/2025 to 3/20/2026 was primarily driven by a -57.0% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 24.95 | 10.64 | -57.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,216 | 1,261 | 3.7% |
| P/S Multiple | 1.6 | 0.7 | -57.0% |
| Shares Outstanding (Mil) | 79 | 82 | -4.3% |
| Cumulative Contribution | -57.4% |
Market Drivers
11/30/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| PGY | -57.4% | |
| Market (SPY) | -4.8% | 41.9% |
| Sector (XLF) | -8.0% | 52.5% |
Fundamental Drivers
The -71.1% change in PGY stock from 8/31/2025 to 3/20/2026 was primarily driven by a -72.5% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 36.88 | 10.64 | -71.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,125 | 1,261 | 12.1% |
| P/S Multiple | 2.5 | 0.7 | -72.5% |
| Shares Outstanding (Mil) | 77 | 82 | -6.4% |
| Cumulative Contribution | -71.1% |
Market Drivers
8/31/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| PGY | -71.1% | |
| Market (SPY) | 1.1% | 54.0% |
| Sector (XLF) | -8.8% | 50.3% |
Fundamental Drivers
The -17.1% change in PGY stock from 2/28/2025 to 3/20/2026 was primarily driven by a -30.3% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.83 | 10.64 | -17.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 939 | 1,261 | 34.3% |
| P/S Multiple | 1.0 | 0.7 | -30.3% |
| Shares Outstanding (Mil) | 73 | 82 | -11.4% |
| Cumulative Contribution | -17.1% |
Market Drivers
2/28/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| PGY | -17.1% | |
| Market (SPY) | 10.4% | 53.6% |
| Sector (XLF) | -5.0% | 51.7% |
Fundamental Drivers
The -13.9% change in PGY stock from 2/28/2023 to 3/20/2026 was primarily driven by a -31.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282023 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.36 | 10.64 | -13.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 1,261 | 0.0% |
| Net Income Margin (%) | � | 6.5% | 0.0% |
| P/E Multiple | � | 10.7 | 0.0% |
| Shares Outstanding (Mil) | 57 | 82 | -31.0% |
| Cumulative Contribution | 0.0% |
Market Drivers
2/28/2023 to 3/20/2026| Return | Correlation | |
|---|---|---|
| PGY | -13.9% | |
| Market (SPY) | 70.3% | 44.0% |
| Sector (XLF) | 43.7% | 41.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PGY Return | - | -80% | 11% | -44% | 125% | -47% | -85% |
| Peers Return | 79% | -77% | 152% | 37% | 1% | -30% | -1% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -3% | 76% |
Monthly Win Rates [3] | |||||||
| PGY Win Rate | - | 29% | 33% | 50% | 50% | 0% | |
| Peers Win Rate | 43% | 22% | 52% | 43% | 55% | 13% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| PGY Max Drawdown | - | -91% | -36% | -48% | -8% | -49% | |
| Peers Max Drawdown | -20% | -79% | -15% | -39% | -51% | -34% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: UPST, SOFI, AFRM, LC, LPRO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/20/2026 (YTD)
How Low Can It Go
| Event | PGY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -98.1% | -25.4% |
| % Gain to Breakeven | 5131.4% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
Compare to UPST, SOFI, AFRM, LC, LPRO
In The Past
Pagaya Technologies's stock fell -98.1% during the 2022 Inflation Shock from a high on 8/2/2022. A -98.1% loss requires a 5131.4% gain to breakeven.
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About Pagaya Technologies (PGY)
Pagaya Technologies Ltd. operates as a financial technology company in Israel, the United States, and the Cayman Islands. It develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. Its partners include high-growth financial technology companies, incumbent financial institutions, auto finance providers, and brokers. The company was founded in 2016 and is headquartered in Tel Aviv, Israel.
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Stripe for AI-driven loan origination: Like Stripe simplifies payment processing for businesses, Pagaya provides AI technology that simplifies and improves loan origination decisions for financial institutions.
An 'Intel Inside' for financial institutions' lending decisions: Similar to how Intel provides the core processing power for computers, Pagaya offers essential AI technology that powers and enhances the lending decisions of its financial partners.
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- AI-powered Loan Origination Platform: Pagaya develops and implements proprietary artificial intelligence technology and related software solutions to assist its partners in originating loans and other assets.
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Pagaya Technologies (PGY) sells its proprietary artificial intelligence technology and related software solutions primarily to other companies. While specific names of individual customer companies are not typically disclosed by Pagaya, their major customers fall into the following categories of financial institutions and service providers:
- High-growth financial technology companies: These are other fintech firms that utilize Pagaya's AI to enhance their loan origination and asset management processes.
- Incumbent financial institutions: Traditional banks and credit unions that integrate Pagaya's technology into their lending operations.
- Auto finance providers: Companies specializing in the origination and servicing of automobile loans.
- Brokers: Entities that facilitate lending activities and leverage Pagaya's platform.
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Gal Krubiner Co-Founder and Chief Executive Officer Mr. Krubiner co-founded Pagaya in 2016 and has served as CEO since its inception. He possesses extensive experience in the investments and wealth management industry, specializing in innovative and sophisticated credit structured products. Before co-founding Pagaya, Mr. Krubiner focused on structuring and distributing sophisticated credit and asset-backed securities products at UBS AG. His prior entrepreneurial experience includes co-founding and serving as CEO of Super Price from 2011 to 2012, and he was an Investment Manager and Board Member at ORMOR CAPITAL from 2009 to 2012. Evangelos Perros Chief Financial Officer Mr. Perros was named Chief Financial Officer effective February 20, 2024, after serving as Interim CFO since November 2023. He joined Pagaya in 2021 as Deputy CFO and Head of Strategic Finance. With over 25 years of industry experience, Mr. Perros has held leadership roles at several top-tier financial institutions. His previous positions include Managing Director and Head of Business Planning & Analysis at Apollo Global Management, and various leadership roles at JPMorgan Chase & Co, including Managing Director and Head of COO Financial Analytics & Strategic Expense Management, and an Investment Banker in the Mergers & Acquisitions Group. Avital Pardo Co-Founder and Deputy Chief Executive Officer Mr. Pardo co-founded Pagaya in 2016 and has served as Chief Technology Officer and a director since then. He was instrumental in designing Pagaya's AI-based credit model and system. Prior to co-founding Pagaya, Mr. Pardo was one of the first employees at Fundbox, where he focused on algorithms. Yahav Yulzari Co-Founder and Deputy Chief Executive Officer Mr. Yulzari co-founded Pagaya in 2016 and has served as Chief Revenue Officer and a director since then. He is responsible for overseeing Pagaya's growth and global commercial activities. Mr. Yulzari is also a former real estate entrepreneur. Sanjiv Das Co-Founder and President Mr. Das joined Pagaya as President in 2023, bringing over 30 years of experience in financial services. In his role, he oversees the strategy and growth of the company's commercial business, including its single-family rental business and Darwin subsidiary. Prior to Pagaya, Mr. Das served as CEO of Caliber Home Loans and held positions as CEO, President, and Chairman of the Board for Citi's Mortgage Division, as well as Head of all International Businesses at Citi.AI Analysis | Feedback
Here are the key risks to Pagaya Technologies (PGY):
- Reliance on Securitization Markets and Exposure to Credit Risk: Pagaya Technologies heavily depends on securitization, primarily through asset-backed securities (ABS), for its funding model. In 2024, approximately 90% of its funding was derived from ABS securitizations. The company faces significant risks from market volatility, deterioration in credit conditions, and reduced investor appetite, which could severely impact its ability to fund operations. Furthermore, regulatory uncertainties in the U.S. (e.g., risk-retention, Volcker Rule) and proposed Israeli securitization frameworks could impose compliance burdens and limit access to investors. Pagaya retains at least 5% of each ABS issuance to comply with risk-retention regulations, exposing it to credit risk through these retained interests. Any decline in the performance of these underlying loans, many of which are "second-look" loans originally rejected by traditional lenders, directly affects Pagaya's balance sheet and investor confidence in its underwriting capabilities.
- Intense Competition in the Fintech Industry: The financial technology sector is highly competitive and characterized by rapid innovation. Pagaya Technologies operates in this environment, facing numerous players vying for market share. The company must continuously differentiate its offerings and maintain its technological lead to avoid erosion of its market position by competitors with similar or superior artificial intelligence (AI) technologies.
- Sensitivity to Macroeconomic Conditions and Regulatory Changes: Pagaya's business performance is susceptible to broader macroeconomic factors, including inflation, interest rate fluctuations, and geopolitical tensions, all of which can impact investor confidence and the availability of funding. Tighter credit conditions, for example, could lead to a slowdown in loan origination volumes, challenging Pagaya's volume-dependent business model. Additionally, the company operates in a dynamic regulatory landscape concerning AI, machine learning, and financial services, where evolving rules could lead to increased compliance costs or restrict its operational flexibility.
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The emerging threat for Pagaya Technologies is the increasing capability and strategic imperative for its financial institution and financial technology partners to develop and implement their own proprietary artificial intelligence technology and related software solutions for loan origination and asset management. As AI tools become more accessible and sophisticated, and as partners gain more experience and build internal data science teams, they may choose to insource these critical capabilities, thereby reducing or eliminating their reliance on third-party providers like Pagaya.
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Pagaya Technologies (PGY) operates in several significant addressable markets related to artificial intelligence in financial technology and lending.
One direct area for Pagaya Technologies is the market for AI in lending. The global artificial intelligence (AI) in lending market was valued at approximately $11.63 billion in 2025 and is projected to grow to $37.28 billion by 2030, at a compound annual growth rate (CAGR) of 26.2%. In 2023, North America held a dominant share of this market, valued at approximately US$2.8 billion.
Another closely related market is AI platform lending. The global AI platform lending market size was valued at USD 128.06 billion in 2025 and is projected to exceed USD 1.16 trillion by 2035, with a CAGR of over 24.7% during the forecast period from 2026 to 2035. North America is expected to command a 32% revenue share in this market by 2035.
Pagaya's services also fall within the broader loan origination software market. Globally, this market was valued at USD 6.45 billion in 2024 and is expected to grow to USD 19.69 billion by 2033, with a CAGR of 13.2% between 2026 and 2033. Specifically for North America, the loan origination software market is projected to hold a 43% share by 2035. Another estimate places the global loan origination software market at USD 6.58 billion in 2025, growing to $11.48 billion in 2030.
Furthermore, Pagaya operates within the larger artificial intelligence in fintech market. The global AI in fintech market was estimated at US$22.5 billion in 2023 and is projected to reach US$79.4 billion by 2030, with a CAGR of 19.8% from 2023 to 2030. The U.S. segment of the AI in fintech market alone generated approximately USD 3.3 billion in revenue in 2022 and is expected to reach about USD 9.36 billion by 2030.
Pagaya Technologies itself anticipates becoming a multi-product lending technology enterprise with a "multi-trillion dollar addressable market" in the U.S. over the next few years.
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Pagaya Technologies Ltd. (PGY) is expected to drive future revenue growth over the next two to three years through several key strategies:
- Expansion of Partner Network and New Verticals: Pagaya is actively onboarding new financial institution partners, including large U.S. banks, auto captives, and Buy Now Pay Later (BNPL) providers. For instance, the company recently announced onboarding Achieve, GLS, and a leading Buy Now Pay Later provider. Pagaya has also expanded its point-of-sale (POS) business with a bank partner set to go live in the second half of 2024, and added Elavon (U.S. Bank's Merchant Services and Payment Solutions) to its POS vertical. This expansion into new partnerships and product verticals, such as auto and POS financing, widens its market reach within the U.S. consumer credit landscape.
- Deepening Existing Partner Relationships and Multi-Product Adoption: A significant driver of growth comes from expanding the volume and breadth of services offered to existing partners, encouraging them to adopt multiple Pagaya products. Multi-product partners currently account for a substantial portion of the company's network volume. Pagaya's CEO, Gal Krubiner, highlighted that the company's "earning power and cash flow generation will become more robust as partners continue maturing into multiproduct relationships." The company emphasizes expanding products to boost partner customer value.
- Enhancement of Unit Economics and Monetization: Pagaya is focused on improving the profitability of each transaction by enhancing its unit economics. This is reflected in the growth of its fee revenue less production costs (FRLPC), which significantly outpaced network volume growth in Q1 2024, increasing by 84% year-over-year. The company is improving unit economics with its lending partners as channels scale and aims to maintain a fee-related-performance margin between 4% and 5%.
- Continued Advancement and Application of AI Technology: Pagaya's proprietary artificial intelligence technology is central to its value proposition. The ongoing refinement and expansion of its AI, particularly for loan origination, credit scoring, and asset-backed securities, are expected to lead to higher transaction volumes, improved margins, and stronger partnership growth. This AI-driven credit decisioning engine also enhances operational efficiency and helps in maintaining prudent underwriting standards while expanding network volume.
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Share Repurchases
- Pagaya Technologies repurchased approximately $14.3 million of its 8.875% Senior Unsecured Notes due 2030 in 2025.
- Since December 26, 2025, the company repurchased approximately $6.9 million in aggregate principal amount of its 8.875% Senior Notes due 2030 through open-market transactions.
- The company considers these debt repurchases, made at a discount, an attractive use of capital within its capital allocation strategy.
Share Issuance
- In 2023, Pagaya Technologies Ltd. reported an issuance of Preferred Shares amounting to USD 74.3 million.
- Pagaya's CEO, President, Chairman, Chief Development Officer, and other co-founders purchased approximately $2 million of the Company's Class A ordinary shares.
Inbound Investments
- Pagaya secured a forward flow agreement with Blue Owl Capital in February 2025 to purchase up to $2.4 billion in consumer loans over 24 months.
- The company has raised $27 billion through its ABS program across 66 transactions with over 130 institutional funding partners.
- In 2023 alone, Pagaya raised $6.6 billion across 15 asset-backed securitizations (ABS), engaging with over 100 institutional investment firms.
- In March 2026, Pagaya closed a $400 million RPM 2026-1 Auto ABS Transaction, and in February 2026, launched its 2026 capital markets activity with an $800 million Consumer Loan ABS.
Capital Expenditures
- Pagaya Technologies' annual capital expenditures for FY 2025 were $13.90 million.
- Capital expenditures in a recent quarter (likely Q4 2025) totaled $3.24 million.
- The company's Capital Expenditures 1Y Growth was -21.6% in 2025, indicating a year-over-year decrease.
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| 02282026 | NDAQ | Nasdaq | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 15.44 |
| Mkt Cap | 2.1 |
| Rev LTM | 1,143 |
| Op Inc LTM | 224 |
| FCF LTM | -85 |
| FCF 3Y Avg | -4 |
| CFO LTM | -75 |
| CFO 3Y Avg | 4 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 35.5% |
| Rev Chg 3Y Avg | 27.4% |
| Rev Chg Q | 30.2% |
| QoQ Delta Rev Chg LTM | 7.1% |
| Op Mgn LTM | 17.7% |
| Op Mgn 3Y Avg | -4.5% |
| QoQ Delta Op Mgn LTM | 2.5% |
| CFO/Rev LTM | -8.9% |
| CFO/Rev 3Y Avg | 2.3% |
| FCF/Rev LTM | -10.4% |
| FCF/Rev 3Y Avg | 0.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.1 |
| P/S | 2.1 |
| P/EBIT | 20.1 |
| P/E | 27.4 |
| P/CFO | -3.1 |
| Total Yield | 2.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 0.3% |
| D/E | 0.7 |
| Net D/E | -0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -14.6% |
| 3M Rtn | -40.2% |
| 6M Rtn | -47.6% |
| 12M Rtn | -7.3% |
| 3Y Rtn | 84.6% |
| 1M Excs Rtn | -10.2% |
| 3M Excs Rtn | -33.0% |
| 6M Excs Rtn | -44.1% |
| 12M Excs Rtn | -21.2% |
| 3Y Excs Rtn | 18.0% |
Price Behavior
Price Behavior
| Market Price | $10.64 | |
| Market Cap ($ Bil) | 0.8 | |
| First Trading Date | 06/23/2022 | |
| Distance from 52W High | -75.7% | |
| 50 Days | 200 Days | |
| DMA Price | $15.80 | $24.57 |
| DMA Trend | down | down |
| Distance from DMA | -32.7% | -56.7% |
| 3M | 1YR | |
| Volatility | 82.4% | 84.7% |
| Downside Capture | 394.52 | 306.14 |
| Upside Capture | 25.58 | 254.89 |
| Correlation (SPY) | 40.7% | 51.2% |
PGY Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 4.07 | 3.61 | 3.54 | 3.92 | 2.40 | 2.73 |
| Up Beta | 8.81 | 7.24 | 6.07 | 6.11 | 2.09 | 2.58 |
| Down Beta | 2.51 | 2.96 | 3.06 | 4.15 | 2.10 | 2.28 |
| Up Capture | -128% | -12% | 31% | 111% | 702% | 10336% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 8 | 16 | 24 | 55 | 125 | 357 |
| Down Capture | 606% | 443% | 409% | 300% | 165% | 113% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 13 | 25 | 37 | 69 | 125 | 379 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PGY | |
|---|---|---|---|---|
| PGY | -5.9% | 84.7% | 0.30 | - |
| Sector ETF (XLF) | 0.0% | 19.1% | -0.12 | 50.0% |
| Equity (SPY) | 15.8% | 18.9% | 0.64 | 51.5% |
| Gold (GLD) | 48.2% | 27.0% | 1.45 | -6.3% |
| Commodities (DBC) | 17.8% | 17.4% | 0.83 | 14.1% |
| Real Estate (VNQ) | 1.0% | 16.4% | -0.11 | 27.8% |
| Bitcoin (BTCUSD) | -19.0% | 44.2% | -0.35 | 40.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PGY | |
|---|---|---|---|---|
| PGY | -32.1% | 148.0% | 0.26 | - |
| Sector ETF (XLF) | 9.1% | 18.7% | 0.37 | 25.2% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 25.8% |
| Gold (GLD) | 20.7% | 17.5% | 0.97 | 1.5% |
| Commodities (DBC) | 10.9% | 19.0% | 0.46 | 6.2% |
| Real Estate (VNQ) | 2.8% | 18.8% | 0.06 | 23.5% |
| Bitcoin (BTCUSD) | 4.7% | 56.7% | 0.30 | 14.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PGY | |
|---|---|---|---|---|
| PGY | -17.6% | 148.0% | 0.26 | - |
| Sector ETF (XLF) | 12.4% | 22.1% | 0.52 | 25.2% |
| Equity (SPY) | 14.2% | 17.9% | 0.68 | 25.8% |
| Gold (GLD) | 13.3% | 15.7% | 0.70 | 1.5% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 6.2% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.21 | 23.5% |
| Bitcoin (BTCUSD) | 66.9% | 66.8% | 1.06 | 14.8% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/9/2026 | -23.9% | -33.3% | -39.2% |
| 11/10/2025 | 12.8% | -2.2% | 1.0% |
| 7/17/2025 | 25.4% | 43.0% | 42.5% |
| 5/7/2025 | -2.1% | 30.2% | 45.8% |
| 2/13/2025 | 24.3% | 36.3% | -10.4% |
| 11/12/2024 | -35.6% | -49.2% | -42.0% |
| 8/9/2024 | -5.8% | -19.3% | -20.4% |
| 5/9/2024 | 20.0% | 16.0% | 17.6% |
| SUMMARY STATS | |||
| # Positive | 4 | 4 | 4 |
| # Negative | 4 | 4 | 4 |
| Median Positive | 22.1% | 33.3% | 30.0% |
| Median Negative | -14.9% | -26.3% | -29.8% |
| Max Positive | 25.4% | 43.0% | 45.8% |
| Max Negative | -35.6% | -49.2% | -42.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/02/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 04/25/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 6-K |
| 06/30/2023 | 08/17/2023 | 6-K |
| 03/31/2023 | 05/16/2023 | 6-K |
| 12/31/2022 | 04/20/2023 | 20-F |
| 09/30/2022 | 11/10/2022 | 6-K |
| 06/30/2022 | 10/19/2022 | 6-K |
| 12/31/2021 | 05/27/2022 | DEFM14A |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Perros, Evangelos | Chief Financial Officer | Direct | Sell | 1052026 | 22.99 | 9,750 | 224,152 | 2,303,874 | Form |
| 2 | Das, Sanjiv | President | Direct | Sell | 1052026 | 22.99 | 3,945 | 90,696 | 2,988,368 | Form |
| 3 | Rosen, Tami | Chief Development Officer | Direct | Sell | 12232025 | 30.73 | 7,561 | 232,384 | 1,153,896 | Form |
| 4 | Das, Sanjiv | President | Direct | Sell | 12162025 | 22.35 | 568 | 12,695 | 2,993,157 | Form |
| 5 | Perros, Evangelos | Chief Financial Officer | Direct | Sell | 12162025 | 22.35 | 11,592 | 259,081 | 1,948,831 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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