Pgy stock price forecast the latest economic indicators
The latest economic indicators strengthen the "pgy stock price forecast", as easing interest rate pressures tend to improve valuations in growth-oriented tech companies. Given the large stake in the stock by institutions, Pagaya Technologies' stock price might be vulnerable to their trading decisions Liquidity concerns, once a major overhang, have eased significantly. Pagaya recently completed a $500 million debt issuance that was oversubscribed by institutional investors and reduced its cost of capital from 11% to around 9%, saving an estimated $12 million in annual interest expense . The company ended Q2 with $204.5 million in cash and $763.7 million in debt , equating to a debt-to-equity ratio of 140.8% , but backed by substantial inflows from institutional partners. A $2.5 billion forward flow agreement with Castlelake doubled its original commitment and underscores confidence from capital providers. Combined with a $1 billion facility for point-of-sale loans, Pagaya has locked in at least 18 months of secured funding capacity , ensuring runway for continued originations. Levered free cash flow now stands at $165 million , reflecting a de-risked capital model compared to its loss-making past. Wall Street sentiment on the "pgy stock price forecast" has shifted slightly bullish after positive guidance in the last investor call. Support holds near $2.10, while resistance is observed at $2.85, with possible breakouts in high-volatility sessions.
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