Canaccord Lowers its Price Target on Pagaya Technologies Ltd. (PGY) to $32 and Maintains a Buy Rating

Pagaya Technologies Ltd. (NASDAQ:PGY) is among the 15 Best Small Cap Stocks to Buy According to Wall Street.

On February 10, 2026, Canaccord lowered its price target on Pagaya Technologies Ltd. (NASDAQ:PGY) to $32 from $39 and maintained a Buy rating. The firm said Pagaya’s decision to scale back loan approvals was conservative but viewed it as creating a buying opportunity, noting continued execution in the fourth quarter. Canaccord pointed to new logo wins, growth in loan application volume, strong funding demand, and operating leverage reflected in the results.

That same day, Keefe Bruyette reduced its price target on Pagaya Technologies Ltd. (NASDAQ:PGY) to $30 from $35 and kept an Outperform rating. The analyst updates followed the fourth-quarter results released on February 9, 2026, when Pagaya reported revenue of $321.036 million, below the $349.51 million consensus estimate. CEO Gal Krubiner said the quarter and full-year results highlighted the company’s positioning for long-term, durable growth and increasing profitability, supported by prior investments across the enterprise. He added that Pagaya plans to continue leveraging its platform and disciplined risk framework to connect Main Street and Wall Street. For fiscal 2026, the company guided to revenue of $1.4 billion to $1.575 billion, compared with consensus estimates of $1.52 billion.

Pagaya Technologies Ltd. (NASDAQ:PGY) deploys data science and proprietary artificial intelligence-powered technology for financial services providers, their customers, and asset investors across multiple markets.