A sustained close above it would be a bullish sign supported by technical analysts in recent brokerage reports. Pagaya Technologies (PGY) has caught investors’ attention after analysts updated their outlook, citing positive earnings estimate revisions and strong momentum rankings. Even after a dip, conversations around improved profitability are starting to surface. Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Some analysts see the current pgy stock price action as a base-building phase. Seasonal trends in the tech sector historically push valuations higher in Q4, which could position PGY for gains if fundamentals align.
