Remitly Global, Inc. (RELY)
| Market Cap | 4.02B -6.3% |
| Revenue (ttm) | 1.73B +27.3% |
| Net Income | 105.63M |
| EPS | 0.49 |
| Shares Out | 210.56M |
| PE Ratio | 38.94 |
| Forward PE | 13.40 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,994,713 |
| Open | 19.07 |
| Previous Close | 18.79 |
| Day's Range | 18.90 - 19.34 |
| 52-Week Range | 12.08 - 24.92 |
| Beta | 0.37 |
| Analysts | Strong Buy |
| Price Target | 28.56 (+49.69%) |
| 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 10 analysts, the average rating for RELY stock is "Strong Buy." The 12-month stock price target is $28.56, which is an increase of 49.69% from the latest price.
News
Remitly Global Transcript: AGM 2026
The meeting covered director elections, executive compensation, and auditor ratification, with all proposals approved. No questions were raised by stockholders, and voting results will be reported on Form 8-K.
Remitly Global Transcript: Bank of America Global Research C-Suite TMT Conference
The company is entering a new phase of diversification and AI-driven growth, building on strong global expansion, robust infrastructure, and disciplined financial management. With less than 5% market share, significant opportunities remain in both core and adjacent markets.
Remitly Global Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference
Leadership emphasized a mission-driven culture, rapid product development, and AI-driven efficiency. Growth will be fueled by new products, expanded customer segments, and disciplined cost management, with further margin expansion and selective use of stablecoins for settlement.
Remitly Business Accelerates Expansion With Full Canadian Launch
Cross-border payments app Remitly Business is now generally available to small and medium-sized businesses in Canada.
Remitly Announces Upcoming Webinar and Investor Conference Participation
SEATTLE, May 12, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that its management team wil...
Remitly Business Introduces Bulk Payments and Send by Link, Reaches General Availability in Canada
SEATTLE, May 12, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) today announced two new features for small and medium sized business customers in the US: Bulk Payments and Send by Link. ...
Remitly Global to replace Apellis in S&P 600 at open on 5/14
Remitly Global (RELY) will replace Apellis Pharmaceuticals (APLS). S&P 500 constituent Biogen (BIIB) is acquiring Apellis Pharmaceuticals in a deal expected to close soon, pending final closing condit...
Bright Horizons Family Solutions and Remitly Global Set to Join S&P SmallCap 600
NEW YORK, May 7, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Thursday, May 14: Bright Horizons Famil...
Remitly Global price target raised to $27 from $20 at Goldman Sachs
Goldman Sachs analyst Will Nance raised the firm’s price target on Remitly Global (RELY) to $27 from $20 and keeps a Buy rating on the shares.
Remitly Global price target raised to $26 from $22 at Citizens
Citizens raised the firm’s price target on Remitly Global (RELY) to $26 from $22 and keeps an Outperform rating on the shares. Remitly delivered strong Q1 results with broad-based revenue…
Overcharged and Underserved: Remitly's New CEO Sees a Big Opening in Cross-Border Payments
Watch more: Need to Know With Remitly's Sebastian Gunningham Sending money across borders should be simple by now. We live in a world where you can order groceries from your couch and open a bank acco...
Remitly Global reports Q1 EPS 23c, consensus 29c
Reports Q1 revenue $452.8M, consensus $438.86M. “We delivered an exceptional Q1, achieving record revenue and Adjusted EBITDA,” said Sebastian Gunningham, Chief Executive Officer, Remitly. “Outperform...
Remitly Global sees FY26 revenue $1.96B-$1.975B, consensus $1.95B
Year over year growth in net income for 2026 and Adjusted EBITDA to be in the range of $370 million to $385 million.
Remitly Global sees Q2 revenue $483M-$485M, consensus $481.12M
Year over year growth in net income for the second quarter of 2026 and Adjusted EBITDA to be in the range of $86 million to $88 million. Published first on…
Remitly Global Earnings Call Transcript: Q1 2026
Record Q1 revenue and profitability driven by strong customer growth, high-value senders, and business segment expansion. AI-driven efficiencies and disciplined capital allocation supported margin gains and accelerated share repurchases.
Remitly Global Slides: Q1 2026
Remitly Global has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Remitly Global Earnings release: Q1 2026
Remitly Global released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Remitly Global Quarterly report: Q1 2026
Remitly Global has published its Q1 2026 quarterly earnings report on May 6, 2026.
Remitly Reports Record First Quarter Results and Raises Full Year 2026 Outlook
First quarter send volume up 37% and revenue up 25% year over year First quarter net income of $49.1 million up 332% and Adjusted EBITDA of $101.6 million up 74% year over year SEATTLE, May 06, 2026 (...
Remitly Global Proxy statement: Proxy filing
Remitly Global filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.
Remitly Global Proxy statement: Proxy filing
Remitly Global filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.
Remitly to Report First Quarter Financial Results on May 6, 2026
SEATTLE, April 22, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly” or the “Company”), a trusted provider of financial services that transcend borders, today announced that it w...
Remitly Global price target raised to $24 from $20 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Remitly Global (RELY) to $24 from $20 and keeps an Overweight rating on the shares. Despite concerns about a broader macro slowdown,…
Remitly Global price target raised to $23 from $21 at KeyBanc
KeyBanc analyst Alex Markgraff raised the firm’s price target on Remitly Global (RELY) to $23 from $21 on lessening concern over implied headwinds for the year, while keeping an Overweight…
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...