Remitly Global, Inc. (RELY)

US — Technology Sector
Peers: AVDX  RDWR  FLYW  EVCM  EXFY  BLND 

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Key Metrics & Ratings

  • symbol RELY
  • Rev/Share 7.1419
  • Book/Share 3.7369
  • PB 4.972
  • Debt/Equity 0.0423
  • CurrentRatio 2.851
  • ROIC 0.0209

 

  • MktCap 3831070028.0
  • FreeCF/Share 1.7947
  • PFCF 10.4288
  • PE 270.0942
  • Debt/Assets 0.0278
  • DivYield 0
  • ROE 0.0202

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 2
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade RELY Wolfe Research Peer Perform Outperform -- $25 Sept. 9, 2025
Reiterated RELY Monness Crespi & Hardt -- Buy $30 $32 May 8, 2025

News

Remitly Global, Inc. (RELY) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
RELY
Published: September 10, 2025 by: Seeking Alpha
Sentiment: Neutral

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 Oppenheimer - Co-Founder, CEO, President & Director Conference Call Participants William Nance - Goldman Sachs Group, Inc., Research Division Presentation William Nance Research Analyst All right. We are going to get started.

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image for news Remitly Global, Inc. (RELY) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
Remitly Global, Inc. (RELY) Discuses On Product Innovation/Stablecoins Call (Transcript)
RELY
Published: September 09, 2025 by: Seeking Alpha
Sentiment: Neutral

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 Mehta - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Chase & Co, Research Division Presentation Operator Welcome, and thank you for standing by. I would like to inform all participants that this conference call as well as any Q&A may be recorded.

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image for news Remitly Global, Inc. (RELY) Discuses On Product Innovation/Stablecoins Call (Transcript)
Enhance Portfolio Returns With These 4 Top-Performing Liquid Stocks
FTDR, PGY, RELY, WLDN
Published: September 03, 2025 by: Zacks Investment Research
Sentiment: Positive

RELY, FTDR, PGY and WLDN make the cut as top liquid stocks, with each boasting strong liquidity, growth attributes and operational efficiency.

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image for news Enhance Portfolio Returns With These 4 Top-Performing Liquid Stocks
1 Underrated Fintech Stock That Investors Will Regret Not Buying in 2025
RELY
Published: August 26, 2025 by: The Motley Fool
Sentiment: Positive

The best investors buy stocks before they get popular. As the vast majority of market participants talk about the hottest investing topics of the day, such as artificial intelligence (AI), contrarians are searching for the next big thing hidden in plain sight.

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image for news 1 Underrated Fintech Stock That Investors Will Regret Not Buying in 2025
Wall Street Analysts Believe Remitly Global (RELY) Could Rally 42.31%: Here's is How to Trade
RELY
Published: August 25, 2025 by: Zacks Investment Research
Sentiment: Positive

The mean of analysts' price targets for Remitly Global (RELY) points to a 42.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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image for news Wall Street Analysts Believe Remitly Global (RELY) Could Rally 42.31%: Here's is How to Trade
Why Remitly's Digital Model Could Deliver Big Upside
RELY
Published: August 22, 2025 by: Seeking Alpha
Sentiment: Positive

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 volume growth, 34% revenue growth, and a swing to profitability, with increased guidance and robust operational execution. Upside looks attractive as earnings power catches up, with a DCF fair value of $19.6, 12-month base case target of $24, and a bull case of $29–30.

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image for news Why Remitly's Digital Model Could Deliver Big Upside
Buy 5 Mobile Payments Stocks and Hold for Long Term to Reap Benefits
ACIW, INTU, JPM, PYPL, RELY
Published: August 15, 2025 by: Zacks Investment Research
Sentiment: Positive

PYPL, JPM, INTU, ACIW and RELY are five mobile payment stocks poised to benefit from the accelerating shift to cashless transactions.

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image for news Buy 5 Mobile Payments Stocks and Hold for Long Term to Reap Benefits
Can Remitly Global (RELY) Run Higher on Rising Earnings Estimates?
RELY
Published: August 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Remitly Global, Inc. (RELY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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image for news Can Remitly Global (RELY) Run Higher on Rising Earnings Estimates?
Does Remitly Global (RELY) Have the Potential to Rally 43.06% as Wall Street Analysts Expect?
RELY
Published: August 08, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at a 43.1% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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image for news Does Remitly Global (RELY) Have the Potential to Rally 43.06% as Wall Street Analysts Expect?
Remitly: Growth At A Reasonable Price In The Remittance Business
RELY
Published: June 17, 2025 by: Seeking Alpha
Sentiment: Positive

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 send volume by 41%, demonstrating an accelerated growth continuation in core KPIs, despite being founded fourteen years ago. The stock appears fairly valued relative to its expected earnings growth, supporting a strong buy rating.

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image for news Remitly: Growth At A Reasonable Price In The Remittance Business
BILL, Remitly, Marqeta Win Analyst Support As Fintech Growth Picks Up
MQ, RELY
Published: May 19, 2025 by: Benzinga
Sentiment: Positive

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 target of $55 on Monday.

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image for news BILL, Remitly, Marqeta Win Analyst Support As Fintech Growth Picks Up
Remitly Global: Rating Downgrade As Risk-Reward Becomes More Balanced
RELY
Published: May 12, 2025 by: Seeking Alpha
Sentiment: Negative

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 29% y/y, and adj. EBITDA margin hit 16.2%, showcasing a strong performance. New growth avenues in high-amount senders and micro-businesses are promising, but user growth deceleration and lower take rates raise concerns.

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image for news Remitly Global: Rating Downgrade As Risk-Reward Becomes More Balanced
Remitly Announces Upcoming Investor Conference Participation
RELY
Published: May 09, 2025 by: GlobeNewsWire
Sentiment: Neutral

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 team will present at the following investor conferences:

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image for news Remitly Announces Upcoming Investor Conference Participation
Remitly Global, Inc. (RELY) Q1 2025 Earnings Call Transcript
RELY
Published: May 07, 2025 by: Seeking Alpha
Sentiment: Neutral

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 and CEO Vikas Mehta - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Andrew Schmidt - Citi Chris Kennedy - William Blair Will Nance - Goldman Sachs Ramsey El-Assal - Barclays Andrew Bauch - Wells Fargo David Scharf - Citizens Capital Markets Darrin Peller - Wolfe Research Alex Markgraff - KBCM Grace Wong - BMO Capital Markets Zachary Gunn - FT Partners Gus Gala - Monness, Crespi, Hardt & …

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image for news Remitly Global, Inc. (RELY) Q1 2025 Earnings Call Transcript
Remitly Global, Inc. (RELY) Q1 Earnings and Revenues Beat Estimates
RELY
Published: May 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Remitly Global, Inc. (RELY) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.11 per share a year ago.

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image for news Remitly Global, Inc. (RELY) Q1 Earnings and Revenues Beat Estimates
2 Top Bargain Stocks Ready for a Bull Run
ABNB, RELY
Published: April 17, 2025 by: The Motley Fool
Sentiment: Positive

Besting the market requires contrarian thinking. When stocks are falling and everyone around you is panicking, that's when you need to exhibit calm behavior and keep a long-term focus for your portfolio.

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image for news 2 Top Bargain Stocks Ready for a Bull Run
Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry
RELY
Published: March 11, 2025 by: Benzinga
Sentiment: Negative

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 valuation.

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image for news Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry
Remitly Global, Inc. (RELY) Q4 2024 Earnings Call Transcript
RELY
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Neutral

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-Founder and Chief Executive Officer Vikas Mehta - Chief Financial Officer Conference Call Participants Andrew Schmidt - Citigroup Rufus Hone - BMO Chris Kennedy - William Blair Darrin Peller - Wolfe Research Alex Markgraff - KBCM Operator Good day, and thank you for standing by. Welcome to the Remitly's Fourth Quarter 2024 Earnings Conference Call.

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

About Remitly Global, Inc. (RELY)

  • IPO Date 2021-09-23
  • Website https://www.remitly.com/us/en
  • Industry Software - Infrastructure
  • CEO Matthew B. Oppenheimer
  • Employees 2800

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.