Remitly Global, Inc. (RELY)
NASDAQ:RELY
Want to see RELY full AI Analyst Report?
RELY Stock Chart & Stats
$20.01
-$0.05(-0.22%)
At close: 4:00 PM EST
$20.01
-$0.05(-0.22%)
Day’s Range― - ―
52-Week Range$12.08 - $24.92
Previous CloseN/A
Volume252.20K
Average Volume (3M)5.95M
Market Cap
$4.44B
Enterprise Value$3.69B
Total Cash (Recent Filing)$649.06M
Total Debt (Recent Filing)$39.30M
Price to Earnings (P/E)42.2
Beta1.30
Next Earnings
Aug 05, 2026EPS Estimate
0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.50
Shares Outstanding210,561,080
10 Day Avg. Volume5,129,670
30 Day Avg. Volume5,945,370
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 Cap0.83
Enterprise Value/Revenue2.14
Enterprise Value/Gross Profit3.61
Enterprise Value/Ebitda24.99
Forecast
1Y Price Target
$25.25Price Target Upside26.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.63
Revenue Forecast (FY)$1.97B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue ScalingRemitly has demonstrated durable top-line scaling over multiple years, driven by active customer and send-volume growth. Sustained revenue growth supports network effects with payout partners, funds ongoing product investment, and reduces unit-cost risk as fixed costs are spread across higher volumes.
Profitability & Margin ExpansionThe company shows a clear profitability inflection with material adjusted EBITDA margins and guidance for continued margin expansion. Improved unit economics (RLTE growth) and operating leverage from cost discipline and AI efficiencies make higher sustained free cash generation and reinvestment more achievable.
Strong Balance Sheet & Cash GenerationLow leverage and a sizable equity base provide financial flexibility to fund product development, absorb corridor FX swings, and execute opportunistic buybacks. Positive operating and free cash flow in recent periods further strengthen ability to finance growth without reliance on external debt.
Bears Say
Gross-Margin CompressionNotable gross-margin compression reduces the buffer for operating costs and limits margin resilience if growth slows. Modest EBIT margins imply limited downside protection versus rises in payment partner costs, FX spread pressure, or higher compliance and fraud prevention expenses over the medium term.
Transaction Loss & Fraud VariabilityVolatile transaction loss and fraud exposure create earnings and cash-flow variability. Even with AI-driven reductions, unpredictable spikes or normalization assumptions can materially affect net margins and provisioning, making sustained margin and FCF forecasts sensitive to operational or external fraud shocks.
Product Leadership Turnover & Execution RiskA senior product/tech departure amid ambitious initiatives (wallets, cards, stablecoins, business offerings) raises execution risk. Durable growth from new products depends on steady product leadership and regulatory navigation; turnover could slow time-to-market and compromise scaling of higher-margin accelerators.
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 $24.92 in the past 12 months.
What is Remitly Global, Inc.’s market cap?
Remitly Global, Inc.’s market cap is $4.44B.
When is Remitly Global, Inc.’s upcoming earnings report date?
Remitly Global, Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 47 days.
How were Remitly Global, Inc.’s earnings last quarter?
Remitly Global, Inc. released its earnings results on May 06, 2026. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.11.
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 0.13.
How many shares outstanding does Remitly Global, Inc. have?
Remitly Global, Inc. has 210,561,080 shares outstanding.
What happened to Remitly Global, Inc.’s price movement after its last earnings report?
Remitly Global, Inc. reported an EPS of $0.23 in its last earnings report, beating expectations of $0.12. Following the earnings report the stock price went down -3.961%.
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:
$25.25 (26.19% Upside)
$25.25 (26.19% Upside)
Blogger Sentiment
Bullish
RELY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 264.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.77%
12-Months-Change
Fundamentals
Return on Equity
12.66%
Trailing 12-Months
Asset Growth
25.91%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive momentum: record revenue and adjusted EBITDA, strong volume and customer growth, improving unit economics (RLTE), meaningful free cash flow and GAAP profitability, plus clear early traction in high-value senders and business customers. Management emphasized disciplined cost control, aggressive AI adoption to drive efficiencies, and an active share repurchase program. Notable cautions include workforce reductions, reliance on some temporary tailwinds (tax refunds, remittance tax, geopolitical spikes), nascent contribution from new product categories (receivers, cards, wallets), and variability in transaction losses. On balance, the positives—sizable, recurring financial improvements and clear product/market traction—outweigh the lowlights.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
$25.25
▲(26.19% Upside)
Technical Analysis
Ownership Overview
13.35% Insiders
17.00% Mutual Funds
30.24% Other Institutional Investors
23.51% Public Companies and
Individual Investors