Remitly Global, Inc. (RELY)

Market Cap	3.55B
Revenue (ttm)	1.46B
Net Income (ttm)	14.08M
Shares Out	206.19M
EPS (ttm)	0.06
PE Ratio	273.35
Forward PE	19.65
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,147,108
Open	16.67
Previous Close	16.67
Day's Range	16.66 - 17.39
52-Week Range	12.43 - 27.32
Beta	0.13
Analysts	Buy
Price Target	26.64 (+54.88%)
Earnings Date	Oct 29, 2025

About RELY

Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Sep 23, 2021
• Employees: 2,800
• Stock Exchange: NASDAQ
• Ticker Symbol: RELY
• Website: https://www.remitly.com/us/en

Financial Performance

In 2024, Remitly Global's revenue was $1.26 billion, an increase of 33.85% compared to the previous year's $944.29 million. Losses were -$36.98 million, -68.62% less than in 2023.

Analyst Summary

According to 11 analysts, the average rating for RELY stock is "Buy." The 12-month stock price target is $26.64, which is an increase of 54.88% from the latest price.

Price Target

$26.64

(54.88% upside)

Analyst Consensus: Buy