Remitly Global, Inc. (RELY)
NASDAQ: RELY · Real-Time Price · USD
23.86
-1.93 (-7.48%)
At close: Feb 21, 2025, 4:00 PM
23.74
-0.12 (-0.50%)
After-hours: Feb 21, 2025, 6:33 PM EST
Remitly Global Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Remitly Global stock have an average target of 27.75, with a low estimate of 21 and a high estimate of 33. The average target predicts an increase of 16.30% from the current stock price of 23.86.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Remitly Global stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 1 | 2 | 2 | 2 | 1 | 1 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $21 → $30 | Buy | Maintains | $21 → $30 | +25.73% | Feb 20, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $28 → $33 | Strong Buy | Maintains | $28 → $33 | +38.31% | Feb 20, 2025 |
| BMO Capital | BMO Capital | Buy Maintains $27 → $32 | Buy | Maintains | $27 → $32 | +34.12% | Feb 20, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $21 → $25 | Hold | Maintains | $21 → $25 | +4.78% | Feb 20, 2025 |
| Barclays | Barclays | Buy Maintains $23 → $26 | Buy | Maintains | $23 → $26 | +8.97% | Feb 3, 2025 |
Financial Forecast
Revenue This Year
1.28B
from 944.29M
Increased by 35.55%
Revenue Next Year
1.59B
from 1.28B
Increased by 24.14%
EPS This Year
-0.26
from -0.65
EPS Next Year
-0.03
from -0.26
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.7B | 2.0B | ||
| Avg | 1.3B | 1.6B | 1.9B | ||
| Low | 1.2B | 1.5B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.3% | 29.9% | 27.2% | ||
| Avg | 35.6% | 24.1% | 20.7% | ||
| Low | 29.9% | 18.0% | 14.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.23 | 0.17 | 0.56 | ||
| Avg | -0.26 | -0.03 | 0.23 | ||
| Low | -0.29 | -0.20 | - |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
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.