Remitly Global, Inc. (RELY)

NASDAQ: RELY · Real-Time Price · USD
13.08
+0.32 (2.51%)
At close: Feb 17, 2026, 4:00 PM EST
13.15
+0.07 (0.54%)
Pre-market: Feb 18, 2026, 7:01 AM EST
Market Cap2.73B -41.3%
Revenue (ttm)1.54B +31.3%
Net Income20.99M
EPS0.09
Shares Out 209.05M
PE Ratio138.79
Forward PE14.57
Dividendn/a
Ex-Dividend Daten/a
Volume4,199,080
Open12.83
Previous Close12.76
Day's Range12.60 - 13.10
52-Week Range12.08 - 27.32
Beta0.11
AnalystsBuy
Price Target24.90 (+90.37%)
Earnings DateFeb 18, 2026

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.

Sector Technology
IPO Date Sep 23, 2021
Employees 2,800
Stock Exchange NASDAQ
Ticker Symbol RELY
Full Company Profile

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 Statements

Analyst Summary

According to 10 analysts, the average rating for RELY stock is "Buy." The 12-month stock price target is $24.9, which is an increase of 90.37% from the latest price.

Price Target
$24.9
(90.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

11 days ago - GlobeNewsWire

Remitly Global, Inc. (RELY) Analyst/Investor Day Transcript

Remitly Global, Inc. (RELY) Analyst/Investor Day Transcript

2 months ago - Seeking Alpha

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...

3 months ago - Forbes

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

Remitly Global, Inc. (RELY) Q2 2025 Earnings Call Transcript

Remitly Global, Inc. (NASDAQ:RELY) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants Luv Sodha - Corporate Participant Matthew B. Oppenheimer - Co-Founder, CEO, Presiden...

6 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

Remitly Global: Aggressive Revenue Expansion And Improving Profitability Despite Global Economic Slowdown

In 1Q25, RELY generated $361.6 million in revenue, representing a year-on-year growth of 34%. Overall profitability improved with operating and net income margins expanding by 1079 bps and 1097 bps. D...

8 months ago - Seeking Alpha

Remitly: Growth At A Reasonable Price In The Remittance Business

Remitly is a global fintech specializing in remittances, boasting strong unit economics and effective marketing campaigns to drive active user growth. In Q1, Remitly grew revenue by a stunning 34% and...

8 months ago - Seeking Alpha

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...

Other symbols: MQBILL
9 months ago - Benzinga

Remitly Global: Rating Downgrade As Risk-Reward Becomes More Balanced

I am neutral on Remitly Global despite strong 1Q25 results; user growth is slowing, take-rate pressure persists, and valuation has significantly rerated. RELY's revenue grew 34.4% y/y, active users up...

10 months ago - Seeking Alpha

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 ...

10 months ago - GlobeNewsWire

Remitly Global, Inc. (RELY) Q1 2025 Earnings Call Transcript

Remitly Global, Inc. (NASDAQ:RELY) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Stephen Shulstein - Vice President, Investor Relations Matt Oppenheimer - Co-Founder an...

10 months ago - Seeking Alpha

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...

10 months ago - GlobeNewsWire

Remitly Global: Buy This Small-Cap As Growth Will Continue In 2025

Remitly's digital-first approach and AI integration have driven significant growth in revenue, active customers, and operational efficiency, making it a compelling investment. The company has shown im...

11 months ago - Seeking Alpha

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 ...

1 year ago - Benzinga

Remitly Global, Inc. (RELY) Q4 2024 Earnings Call Transcript

Remitly Global, Inc. (NASDAQ:RELY) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Stephen Shulstein - Vice President of Investor Relations Matt Oppenheimer - Co-Fo...

1 year ago - Seeking Alpha

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

1 year ago - GlobeNewsWire