Remitly Global, Inc. (RELY)

NASDAQ: RELY · Real-Time Price · USD
17.31
+0.45 (2.67%)
At close: Apr 13, 2026, 4:00 PM EDT
17.25
-0.06 (-0.35%)
After-hours: Apr 13, 2026, 6:13 PM EDT
Market Cap3.65B -14.7%
Revenue (ttm)1.64B +29.4%
Net Income67.93M
EPS0.31
Shares Out 210.65M
PE Ratio55.84
Forward PE14.33
Dividendn/a
Ex-Dividend Daten/a
Volume1,614,763
Open16.80
Previous Close16.86
Day's Range16.80 - 17.37
52-Week Range12.08 - 24.71
Beta0.09
AnalystsBuy
Price Target24.13 (+39.4%)
Earnings DateMay 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.

Sector Technology
IPO Date Sep 23, 2021
Employees 3,200
Stock Exchange NASDAQ
Ticker Symbol RELY
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$24.13
(39.40% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 days ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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.

7 weeks ago - GeekWire

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...

2 months ago - GlobeNewsWire

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...

5 months ago - Forbes

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...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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
11 months ago - Benzinga

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 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

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...

1 year ago - GlobeNewsWire

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...

Other symbols: ABABRACREAPOARESARIBDN
1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GeekWire

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. (...

1 year ago - GlobeNewsWire

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...

1 year ago - Invezz

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Accesswire