Remitly Global, Inc. (RELY)

US — Technology Sector
Peers: ACIW  ESMT  EVCM  GB  CSGS  SCWX  EVTC  VRNT  IIIV  CCCS  SPSC  STER  CCSI  BASE  FLYW 

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Key Metrics & Ratings

  • symbol RELY
  • Rev/Share 6.7237
  • Book/Share 3.5861
  • PB 5.8643
  • Debt/Equity 0.0294
  • CurrentRatio 2.7792
  • ROIC 0.0087

 

  • MktCap 4287146358.0
  • FreeCF/Share 1.7542
  • PFCF 12.1141
  • PE -933.2796
  • Debt/Assets 0.0193
  • DivYield 0
  • ROE -0.007

 

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

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated RELY Monness Crespi & Hardt -- Buy $30 $32 May 8, 2025

News

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 Mr. 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.