Remitly Global, Inc. (RELY)
| Market Cap | 2.78B |
| Revenue (ttm) | 1.54B |
| Net Income (ttm) | 20.99M |
| Shares Out | 209.05M |
| EPS (ttm) | 0.09 |
| PE Ratio | 141.23 |
| Forward PE | 15.08 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,167,711 |
| Open | 13.00 |
| Previous Close | 12.93 |
| Day's Range | 12.99 - 13.46 |
| 52-Week Range | 12.08 - 27.32 |
| Beta | 0.10 |
| Analysts | Buy |
| Price Target | 26.00 (+95.34%) |
| Earnings Date | Nov 5, 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. [Read more]
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.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for RELY stock is "Buy." The 12-month stock price target is $26.0, which is an increase of 95.34% from the latest price.
News
The Remitly Reassessment: What Divisadero's 95 Million Exit Tells Us About Digital Money Movement
Divested 5,036,343 shares of Remitly Global, resulting in a position value decrease of approximately $94.68 million The transaction represented a 3.94% change relative to the fund's reportable assets ...
Why Remitly Global Slipped 16% in November
Remitly topped revenue estimates in its third-quarter report. Its take rate is falling as it expands to new markets.
Are Investors Sleeping On RELY's Cash Yield?
We believe Remitly Global (RELY) stock is worthy of consideration: It is growing, generating cash, and offered at a considerable valuation discount. Companies with such profiles can utilize cash to dr...
Fintech Stocks Are on Sale. This One Looks Like a Screaming Buy.
Fintech stocks have plunged on concerns about rising credit risk. Remitly has little exposure to credit, but the stock fell sharply on its recent earnings report.
1 Top Growth Stock Down 55% to Buy After Its Recent Pullback
Remitly's stock is down even though the business is growing rather quickly. The company is facing concerns over an immigration crackdown, but these issues are not showing up in the numbers.
Why Remitly Global Stock Plunged Today
Remitly beat top-line estimates in the third quarter. The company's take rate shrunk.
Remitly Global, Inc. (RELY) Q3 2025 Earnings Call Transcript
Remitly Global, Inc. ( RELY) Q3 2025 Earnings Call November 5, 2025 5:00 PM EST Company Participants Matthew Oppenheimer - Co-Founder, CEO, President & Director Vikas Mehta - Chief Financial Officer ...
Remitly to Host Investor Day on December 9, 2025
SEATTLE, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will host i...
2 Growth Stocks Down 38% and 65% to Buy Right Now
The market is soaring to all-time highs, but some growth stocks like Coupang and Remitly Global remain cheap for investors today. Remitly is taking market share in remittances and trades at a dirt che...
2 Incredible Growth Stocks I Can't Stop Buying
It is difficult to find cheap growth stocks today. Remitly's stock is down because of various bear cases, but the company is growing quickly and can keep taking market share.
Remitly Global's CEO Sells Roughly 29,000 Shares for Nearly $451,800
The CEO recently reported a 29,000 share sale. The sales came via his 10b5-1 trading plan.
Prediction: 2 Stocks That Will Be Worth More Than IonQ 5 Years From Now
Everyone wants to own quantum computing stocks. Companies like IonQ (NYSE: IONQ) are up hundreds of percent in the last year, with the aforementioned stock now at a market cap of $25 billion while gen...
Remitly Global, Inc. (RELY) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
Remitly Global, Inc. (NASDAQ:RELY) Goldman Sachs Communacopia + Technology Conference 2025 September 10, 2025 12:30 PM EDT Company Participants Vikas Mehta - Chief Financial Officer Matthew Oppenheim...
Remitly Global, Inc. - Discusses On Remitly Reimagine Conference Call
Remitly Global, Inc. - Remitly Reimagine Conference Call Company Participants Matthew Oppenheimer - Co-Founder, CEO, President & Director Ankur Sinha - Chief Product Officer & CTO Presentation Matthew...
Remitly Announces Remitly One, A New All-in-One Financial Membership for Global Life
SEATTLE, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced the launch of Remi...
Remitly Global, Inc. (RELY) Discuses On Product Innovation/Stablecoins Call (Transcript)
Remitly Global, Inc. (NASDAQ:RELY) Product Innovation/Stablecoins Conference September 09, 2025 11:00 AM ET Company Participants Matthew Oppenheimer - Co-Founder, CEO, President & Director Vikas Meht...
Remitly Announces Upcoming Investor Webinar and Product Event
SEATTLE, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its managemen...
Should You Buy This Sneaky Fintech Stock Before Shares Go Parabolic?
We would all love to buy a stock whose price goes parabolic, producing exponential gains for shareholders. The great technology companies of our time, such as Amazon, Netflix, and Tesla, have delivere...
1 Reason to Buy RELY
International remittances are a notable aspect of our ever-more globalized economy. One publicly traded company focuses intently on this activity, and is doing quite well as a specialist.
1 Underrated Fintech Stock That Investors Will Regret Not Buying in 2025
The best investors buy stocks before they get popular. As the vast majority of market participants talk about the hottest investing topics of the day, such as artificial intelligence (AI), contrarians...
Huge News For Remitly Global Investors
In the last year, a narrative has formed around stablecoins disrupting cross-border payment fees. With the initial public offering (IPO) of Circle Internet Group and growing adoption of these fiat-bac...
Why Remitly's Digital Model Could Deliver Big Upside
Remitly stands out in a tough macro environment, delivering strong revenue growth, rising profits, and expanding margins thanks to its digital-first, asset-light model. Q2 results highlight 40% send v...
Prediction: 2 Stocks That Will Be Worth More Than Upstart 5 Years From Now
It may seem like a long time ago now, but 2021 was the year of Upstart Holdings. The lending platform grew to a market cap of $30 billion and was aiming to disrupt the traditional pricing mechanisms f...
Remitly Announces Upcoming Webinar and Investor Conference Participation
SEATTLE, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its management...
Why Remitly Global Stock Popped Today
Shares of Remitly Global (RELY 14.30%) were among the winners today after the digital remittance specialist delivered better-than-expected results in its second-quarter earnings report. The company co...