Remitly Global, Inc. (RELY)

Market Cap	3.90B
Revenue (ttm)	1.46B
Net Income (ttm)	14.08M
Shares Out	206.19M
EPS (ttm)	0.06
PE Ratio	300.68
Forward PE	21.62
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,441,085
Open	18.39
Previous Close	18.53
Day's Range	18.39 - 19.17
52-Week Range	12.43 - 27.32
Beta	0.12
Analysts	Buy
Price Target	27.22 (+43.87%)
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 9 analysts, the average rating for RELY stock is "Buy." The 12-month stock price target is $27.22, which is an increase of 43.87% from the latest price.

Price Target

$27.22

(43.87% upside)

Analyst Consensus: Buy