Major indexes near record highs and AI-linked stocks trade at premium valuations, pushing investors to seek reasonably priced AI exposure. Few AI-related stocks under $15 show real earnings rather than only an AI pitch. Pagaya Technologies operates an AI-driven consumer credit network that uses proprietary models to help legacy banking systems pre-qualify and match consumers to loans across personal, auto, and point-of-sale categories. Shares have fallen since the Q1 filing and year to date. Q1 2026 results show an EPS beat, revenue growth, sharply higher net income, higher operating income, and expanded adjusted EBITDA margin. Management raised full-year 2026 revenue and GAAP net income guidance. The company has maintained GAAP profitability across multiple quarters and added new partners.
"Pagaya Technologies (NASDAQ:PGY) runs an AI-driven consumer credit network that uses proprietary AI models to help legacy banking systems pre-qualify and match consumer loans across personal, auto, and point-of-sale verticals."
"Q1 2026 EPS landed at $0.73 versus the $0.56 estimate, a 30.36% beat. Revenue rose to $317.944 million, up 12.47% year over year, while net income jumped 212.86% to $24.694 million and operating income climbed 67.78% to $80.005 million. Adjusted EBITDA margin expanded to 30% from 27%."
"Management raised the full-year 2026 outlook to $1.4 to $1.575 billion in revenue and $110 to $160 million in GAAP net income."
"The bull case is straightforward. Pagaya has now strung together five consecutive quarters of GAAP profitability, onboarded Global Lending Services, Upstart, Sezzle, and Flex Pay year to date, and push"
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