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Remitly Global (RELY)
NASDAQ:RELY
RELY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$11.60 - $27.32
Previous CloseN/A
Volume252.20K
Average Volume (3M)2.78M
Market Cap
$4.35B
Enterprise Value$4.08B
Total Cash (Recent Filing)$493.90M
Total Debt (Recent Filing)$21.25M
Price to Earnings (P/E)―
Beta0.37
Next Earnings
Jul 30, 2025EPS Estimate
0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.21
Shares Outstanding203,858,600
10 Day Avg. Volume2,367,867
30 Day Avg. Volume2,777,056
Financial Highlights & Ratios
PEG Ratio-11.17
Price to Book (P/B)6.23
Price to Sales (P/S)0.00
P/FCF Ratio11.98
Enterprise Value/Market Cap0.94
Enterprise Value/Revenue0.84
Enterprise Value/Gross Profit6.79
Enterprise Value/Ebitda-35.75
Forecast
1Y Price Target
$28.43Price Target Upside31.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Remitly Global News
PremiumCompany Announcements
Remitly Global, Inc. Reports Strong Q1 2025 EarningsBulls Say, Bears Say
Bulls Say
Financial PerformanceRELY's first quarter results showed a broad-based beat, increasing confidence in its position as a long-term winner in the digital remittance market.
Market ExpansionRELY is leveraging its global scale by expanding into new verticals such as seafarers, high-value transactors, and micro businesses.
Revenue GrowthRevenue and EBITDA grew significantly year-over-year, with impressive marketing efficiency contributing to these gains.
Bears Say
Market RisksCurrent U.S. immigration policies and growing consumer uncertainty are seen as headline risks that may have pressured RELY's valuation.
Pricing PressureA short report suggests RELY may face meaningful pricing pressure, with a potential decline in average transaction size since 2020.
Product DevelopmentRELY's limited cross-selling opportunity and execution on new products are highlighted as significant concerns in the short report.
Ownership Overview
18.09% Insiders
15.90% Mutual Funds
39.75% Other Institutional Investors
8.82% Public Companies and Individual Investors
RELY FAQ
What was Remitly Global’s price range in the past 12 months?
Remitly Global lowest stock price was $11.60 and its highest was $27.32 in the past 12 months.
What is Remitly Global’s market cap?
Remitly Global’s market cap is $4.35B.
When is Remitly Global’s upcoming earnings report date?
Remitly Global’s upcoming earnings report date is Jul 30, 2025 which is in 56 days.
How were Remitly Global’s earnings last quarter?
Remitly Global released its earnings results on May 07, 2025. The company reported $0.214 earnings per share for the quarter, beating the consensus estimate of $0.173 by $0.041.
Is Remitly Global overvalued?
According to Wall Street analysts Remitly Global’s price is currently Undervalued.
Does Remitly Global pay dividends?
Remitly Global does not currently pay dividends.
What is Remitly Global’s EPS estimate?
Remitly Global’s EPS estimate is 0.19.
How many shares outstanding does Remitly Global have?
Remitly Global has 203,858,600 shares outstanding.
What happened to Remitly Global’s price movement after its last earnings report?
Remitly Global reported an EPS of $0.214 in its last earnings report, beating expectations of $0.173. Following the earnings report the stock price went up 14.557%.
Which hedge fund is a major shareholder of Remitly Global?
Currently, no hedge funds are holding shares in RELY
Remitly Global Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$28.43 (31.93% Upside)
$28.43 (31.93% Upside)
Blogger Sentiment
Bullish
RELY Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $274.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
63.55%
12-Months-Change
Fundamentals
Return on Equity
-0.71%
Trailing 12-Months
Asset Growth
1.98%
Trailing 12-Months
Company Description
Remitly Global
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.
RELY Company Deck
RELY Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call was predominantly positive, with strong revenue and adjusted EBITDA growth, as well as successful diversification and operational efficiency. However, there are concerns about macroeconomic uncertainties and the expected increase in marketing spend, which could impact future margins.Read More>RELY Revenue Breakdown
66.90% U.S.
21.10% ROW
12.00% Canada
RELY Stock 12 Month Forecast
Average Price Target
$28.43
▲(31.93%Upside)