Remitly Global, Inc. (RELY)
NASDAQ: RELY · Real-Time Price · USD
20.53
-0.11 (-0.53%)
At close: Jun 18, 2025, 4:00 PM
20.75
+0.22 (1.07%)
After-hours: Jun 18, 2025, 7:34 PM EDT

Remitly Global Stock Forecast

Stock Price Forecast

The 10 analysts that cover Remitly Global stock have a consensus rating of "Buy" and an average price target of $27.4, which forecasts a 33.46% increase in the stock price over the next year. The lowest target is $21 and the highest is $32.

Price Target: $27.4 (+33.46%)
Analyst Consensus: Buy
Target Low Average Median High
Price $21 $27.4 $27 $32
Change +2.29% +33.46% +31.51% +55.87%
* Price targets were last updated on May 12, 2025.

Analyst Ratings

The average analyst rating for Remitly Global stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 222222
Buy 555677
Hold 111111
Sell 000000
Strong Sell 000000
Total 88891010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$24$27
Buy Maintains $24$27 +31.51% May 12, 2025
Keybanc
Keybanc
Buy
Maintains
$24$27
Buy Maintains $24$27 +31.51% May 8, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$23$26
Strong Buy Maintains $23$26 +26.64% May 8, 2025
Keybanc
Keybanc
Buy
Maintains
$33$24
Buy Maintains $33$24 +16.90% Apr 23, 2025
JMP Securities
JMP Securities
Buy
Reiterates
$32
Buy Reiterates $32 +55.87% Apr 10, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.62B
from 1.26B
Increased by 27.85%
Revenue Next Year
1.95B
from 1.62B
Increased by 20.42%
EPS This Year
0.09
from -0.19
EPS Next Year
0.30
from 0.09
Increased by 226.99%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
256.96M458.61M653.56M944.29M1.26B1.62B1.95B2.28B
Revenue Growth
103.02%78.48%42.51%44.48%33.85%27.85%20.42%16.91%
EPS
-1.52-0.64-0.68-0.65-0.190.090.300.68
EPS Growth
------226.99%127.67%
Forward PE
-----223.6468.3930.04
No. Analysts
-----13139
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 1.7B 2.0B 2.4B
Avg 1.6B 1.9B 2.3B
Low 1.5B 1.8B 2.1B

Revenue Growth

Revenue Growth 2025202620272028
High
31.8%
25.9%
24.9%
Avg
27.9%
20.4%
16.9%
Low
22.6%
11.9%
5.3%

EPS Forecast

EPS 2025202620272028
High 0.17 0.50 0.95
Avg 0.09 0.30 0.68
Low 0.04 0.15 0.27

EPS Growth

EPS Growth 2025202620272028
High -
449.0%
214.8%
Avg -
227.0%
127.7%
Low -
60.1%
-8.6%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.