Remitly Global Holds 2025 Annual Stockholders Meeting

Remitly Global ( (RELY) ) just unveiled an announcement.

On June 11, 2025, Remitly Global, Inc. held its 2025 Annual Meeting of Stockholders, where three key proposals were voted on and approved. The election of directors for terms expiring in 2028, the advisory vote on executive compensation, and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm were all passed. Additionally, CEO Matthew Oppenheimer declined an equity compensation award to prioritize employee and executive performance awards and address stockholder concerns about dilution.

The most recent analyst rating on (RELY) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Remitly Global stock, see the RELY Stock Forecast page.

Spark’s Take on RELY Stock

According to Spark, TipRanks’ AI Analyst, RELY is a Outperform.

The overall score is driven by strong financial performance and positive earnings call highlights, indicating potential for long-term growth. However, technical analysis and valuation concerns, such as negative profitability and a lack of dividends, weigh down the score.

To see Spark’s full report on RELY stock, click here.

More about Remitly Global

Remitly Global, Inc. operates in the financial services industry, primarily offering digital remittance services that facilitate international money transfers. The company focuses on providing a convenient and reliable platform for individuals to send money across borders, catering to a global market.

Average Trading Volume: 2,575,039

Technical Sentiment Signal: Sell

Current Market Cap: $4.09B

For a thorough assessment of RELY stock, go to TipRanks’ Stock Analysis page.