Remitly Global, Inc. (RELY)
| Market Cap | 3.65B -14.7% |
| Revenue (ttm) | 1.64B +29.4% |
| Net Income | 67.93M |
| EPS | 0.31 |
| Shares Out | 210.65M |
| PE Ratio | 55.84 |
| Forward PE | 14.33 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,614,763 |
| Open | 16.80 |
| Previous Close | 16.86 |
| Day's Range | 16.80 - 17.37 |
| 52-Week Range | 12.08 - 24.71 |
| Beta | 0.09 |
| Analysts | Buy |
| Price Target | 24.13 (+39.4%) |
| Earnings Date | May 6, 2026 |
About RELY
Remitly Global, Inc., a cross-border payment company 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.
Financial Performance
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for RELY stock is "Buy." The 12-month stock price target is $24.13, which is an increase of 39.40% from the latest price.
News
Remitly Appoints Technology Veteran Adam Messinger to its Board of Directors
SEATTLE, April 10, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”) today announced the appointment of Adam Messinger to its Board of Directors (the “Board”). With this appoint...
Remitly Announces Upcoming Webinar and Investor Conference Participation
SEATTLE, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that its management team wi...
Remitly CEO Matt Oppenheimer steps down, hands reins of fintech company to former Amazon exec
Veteran tech and finance executive Sebastian Gunningham will replace Oppenheimer as CEO of the Seattle-based company.
Remitly to Report Fourth Quarter and Full Year 2025 Financial Results on February 18, 2026
SEATTLE , Feb. 06, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that it will report fourth...
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...
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...
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 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...
Remitly to Report Second Quarter Financial Results on August 6, 2025
SEATTLE, July 21, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will report...
BILL, Remitly, Marqeta Win Analyst Support As Fintech Growth Picks Up
Last week, JP Morgan analyst Tien-tsin Huang hosted 17 payments and processing firms at its Global TMC Conference in Boston. Huang had an Overweight rating on BILL Holdings, Inc BILL with a price targ...
Remitly Announces Upcoming Investor Conference Participation
SEATTLE, May 09, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its management ...
Remitly to Report First Quarter Financial Results on May 7, 2025
SEATTLE, April 23, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will repor...
Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry
Spruce Point Capital Management has announced a new short position against Remitly Global Inc RELY as the short seller believes there's reason to be skeptical of the company's financial reporting and ...
Remitly Reports Fourth Quarter and Full Year 2024 Results Above Outlook
Fourth quarter active customers up 32% and revenue up 33% year over year Fourth quarter net loss was $5.7 million and Adjusted EBITDA was $43.7 million
Remitly to Report Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025
SEATTLE, Feb. 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 report...
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Remitly to Present at the 2024 Wells Fargo TMT Summit
SEATTLE, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its management...
Remitly stock spikes 19% after first profitable quarter; revenue up 39%
Shares of Remitly surged in after-hours trading as the Seattle-based digital remittance company reported its first profitable quarter.
Remitly Reports Third Quarter 2024 Results and Raises Full Year 2024 Outlook
Active customers up 35% year over year Revenue up 39% year over year Achieved GAAP net income profitability and record Adjusted EBITDA SEATTLE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (...
Remitly stock has multiple catalysts and could surge soon
Remitly (RELY) stock has underperformed the market this year, falling by over 22% even as the Nasdaq 100 and S&P 500 indices have soared by 20%+ and moved to their all-time highs. It remains 47% belo...
Remitly to Present at the 2024 Goldman Sachs Communacopia + Technology Conference
SEATTLE, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its managemen...
Remitly Announces CFO Transition Plan
SEATTLE, July 31, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of seasoned fin...
Remitly Reports Second Quarter 2024 Results
Active customers up 36% year over year Revenue up 31% year over year Net loss improved 36% year over year; Adjusted EBITDA up 23% year over year
Remitly to Report Second Quarter Financial Results on Wednesday, July 31, 2024
SEATTLE, July 19, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will report...
Shareholders Of Remitly Global Inc Are Urged To Communicate As The Schall Law Firm Is Embarking On A Review Of Claims Against It
LOS ANGELES, CA / ACCESSWIRE / July 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Remitly Global, In...