Want to see RELY full AI Analyst Report?
RELY Stock Chart & Stats
$22.53
-$0.34(-1.49%)
At close: 4:00 PM EDT
$22.53
-$0.34(-1.49%)
Day’s Range― - ―
52-Week Range$12.08 - $27.15
Previous CloseN/A
Volume1.61M
Average Volume (3M)3.61M
Market Cap
$5.65B
Enterprise Value$4.32K
Total Cash (Recent Filing)$676.39M
Total Debt (Recent Filing)$38.26M
Price to Earnings (P/E)18.4
Beta1.29
Next Earnings
Nov 04, 2026EPS Estimate
0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.45
Shares Outstanding211,684,050
10 Day Avg. Volume2,804,139
30 Day Avg. Volume3,608,930
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)3.27
Price to Sales (P/S)1.74
P/FCF Ratio9.61
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$31.75Price Target Upside40.92% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)0.64
Revenue Forecast (FY)$1.97B
Bulls Say, Bears Say
Bulls Say
Customer, Volume And Network ExpansionRising users, transfer volume and geographic coverage strengthen Remitly’s network, improve customer utility and support durable scale advantages in cross-border payments.
Strong Cash Generation And Low LeverageRobust free cash flow nearly matching net income, combined with very low leverage, gives Remitly flexibility to fund product investment, absorb shocks and return capital without balance-sheet strain.
Operating Leverage And Efficiency GainsAI-enabled productivity and disciplined cost control indicate improving operating leverage as the platform scales, supporting more durable profitability if customer and volume growth persist.
Bears Say
Decelerating Growth And Gross-margin PressureSlower underlying revenue growth and a sharply lower gross margin could limit future operating leverage, suggesting Remitly must sustain volume expansion and manage mix or delivery costs carefully.
Headline GAAP Profit Benefited From A One-time Tax ItemThe discrete tax benefit materially inflated reported earnings and is not repeatable, so assessments of sustainable profitability should rely more heavily on operating income, adjusted earnings and recurring cash generation.
Execution And Regulatory Risk In New ProductsNew cards, wallets and receiver services require regulatory execution, scalable operations and proven unit economics; weak adoption or higher compliance and partner costs could dilute returns on investment.
Remitly Global News
RELY FAQ
What was Remitly Global, Inc.’s price range in the past 12 months?
Remitly Global, Inc. lowest stock price was $12.08 and its highest was $27.15 in the past 12 months.
What is Remitly Global, Inc.’s market cap?
Remitly Global, Inc.’s market cap is $5.65B.
When is Remitly Global, Inc.’s upcoming earnings report date?
Remitly Global, Inc.’s upcoming earnings report date is Nov 04, 2026 which is in 73 days.
How were Remitly Global, Inc.’s earnings last quarter?
Remitly Global, Inc. released its earnings results on Aug 05, 2026. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.124 by $0.806.
Is Remitly Global, Inc. overvalued?
According to Wall Street analysts Remitly Global, Inc.’s price is currently Undervalued.
Does Remitly Global, Inc. pay dividends?
Remitly Global, Inc. does not currently pay dividends.
What is Remitly Global, Inc.’s EPS estimate?
Remitly Global, Inc.’s EPS estimate is 0.15.
How many shares outstanding does Remitly Global, Inc. have?
Remitly Global, Inc. has 211,684,050 shares outstanding.
What happened to Remitly Global, Inc.’s price movement after its last earnings report?
Remitly Global, Inc. reported an EPS of $0.93 in its last earnings report, beating expectations of $0.124. Following the earnings report the stock price went up 7.727%.
Which hedge fund is a major shareholder of Remitly Global, Inc.?
Currently, no hedge funds are holding shares in RELY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Remitly Global Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$31.75 (40.92% Upside)
$31.75 (40.92% Upside)
Blogger Sentiment
Bullish
RELY Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 14.6%
Last 30 Days ▲ 14.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.29%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
34.41%
Trailing 12-Months
Company Description
Remitly Global, Inc.
Remitly Global, Inc. specializes in providing digital financial services tailored for immigrants and their families. Primarily, it enables international money transfers, operating in nearly 150 countries. Founded in 2011, the company maintains its headquarters in Seattle, Washington.
RELY Company Deck
RELY Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrayed a strong operational and financial quarter with record revenue, adjusted EBITDA, and free cash flow, robust customer and volume growth, meaningful product launches (Global Card, stablecoin wallet) and clear AI-driven productivity gains. Management provided confident forward guidance, continued share repurchases, and regulatory expansion. Lowlights include corridor-specific FX/regulatory headwinds (notably India), nascent monetization of receivers and other growth accelerators, quarterly variability in transaction losses, and a Q3 margin guide below Q2 driven by planned reinvestments and normalization assumptions. On balance, the positives — scale, profitability, cash generation, product momentum and AI-led efficiency — outweigh the early-stage risks and short-term headwinds.View all RELY earnings summariesRELY Revenue Breakdown
66.90% U.S.
21.10% ROW
12.00% Canada
RELY Stock 12 Month Forecast
Average Price Target
$31.75
▲(40.92% Upside)
Technical Analysis
Ownership Overview
12.95% Insiders
18.27% Mutual Funds
24.86% Other Institutional Investors
24.61% Public Companies and
Individual Investors