Remitly Global, Inc. (RELY)

Market Cap	4.20B
Revenue (ttm)	1.26B
Net Income (ttm)	-36.98M
Shares Out	200.61M
EPS (ttm)	-0.19
PE Ratio	n/a
Forward PE	24.36
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,793,807
Open	21.24
Previous Close	21.19
Day's Range	20.54 - 21.19
52-Week Range	11.60 - 27.32
Beta	0.07
Analysts	Buy
Price Target	28.13 (+34.4%)
Earnings Date	Apr 30, 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 Forecast

According to 8 analysts, the average rating for RELY stock is "Buy." The 12-month stock price forecast is $28.13, which is an increase of 34.40% from the latest price.

Price Target

$28.13

(34.40% upside)

Analyst Consensus: Buy