Remitly Global, Inc. (RELY)
NASDAQ: RELY · Real-Time Price · USD
21.52
-0.67 (-3.02%)
At close: May 28, 2025, 4:00 PM
21.98
+0.46 (2.14%)
After-hours: May 28, 2025, 7:26 PM EDT
Remitly Global Stock Forecast
Stock Price Forecast
According to 10 professional analysts, the 12-month price target for Remitly Global stock ranges from a low of $21 to a high of $32. The average analyst price target of $27.4 forecasts a 27.32% increase in the stock price over the next year.
Price Target: $27.40 (+27.32%)
Analyst Consensus: Buy
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 5 | 6 | 7 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 8 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $24 → $27 | Buy | Maintains | $24 → $27 | +25.46% | May 12, 2025 |
| Keybanc | Keybanc | Buy Maintains $24 → $27 | Buy | Maintains | $24 → $27 | +25.46% | May 8, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $23 → $26 | Strong Buy | Maintains | $23 → $26 | +20.82% | May 8, 2025 |
| Keybanc | Keybanc | Buy Maintains $33 → $24 | Buy | Maintains | $33 → $24 | +11.52% | Apr 23, 2025 |
| JMP Securities | JMP Securities | Buy Reiterates $32 | Buy | Reiterates | $32 | +48.70% | Apr 10, 2025 |
Financial Forecast
Revenue This Year
1.62B
from 1.26B
Increased by 27.77%
Revenue Next Year
1.95B
from 1.62B
Increased by 20.50%
EPS This Year
0.09
from -0.19
EPS Next Year
0.30
from 0.09
Increased by 226.99%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 31.9% | 26.1% | 24.9% | |
| Avg | 27.8% | 20.5% | 16.5% | |
| Low | 22.2% | 12.0% | 5.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| 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.