Remitly Global, Inc. (RELY)
| Market Cap | 5.06B +26.2% |
| Revenue (ttm) | 1.73B +27.3% |
| Net Income | 105.63M |
| EPS | 0.49 |
| Shares Out | 210.56M |
| PE Ratio | 49.04 |
| Forward PE | 16.88 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,434,011 |
| Open | 23.31 |
| Previous Close | 22.79 |
| Day's Range | 23.01 - 24.27 |
| 52-Week Range | 12.08 - 24.71 |
| Beta | 0.40 |
| Analysts | Buy |
| Price Target | 23.33 (-2.91%) |
| Earnings Date | May 6, 2026 |
About RELY
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.
Financial Performance
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for RELY stock is "Buy." The 12-month stock price target is $23.33, which is a decrease of -2.91% from the latest price.
News
Remitly Global to replace Apellis in S&P 600 at open on 5/14
Remitly Global (RELY) will replace Apellis Pharmaceuticals (APLS). S&P 500 constituent Biogen (BIIB) is acquiring Apellis Pharmaceuticals in a deal expected to close soon, pending final closing condit...
Bright Horizons Family Solutions and Remitly Global Set to Join S&P SmallCap 600
NEW YORK, May 7, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Thursday, May 14: Bright Horizons Famil...
Remitly Global price target raised to $27 from $20 at Goldman Sachs
Goldman Sachs analyst Will Nance raised the firm’s price target on Remitly Global (RELY) to $27 from $20 and keeps a Buy rating on the shares.
Remitly Global price target raised to $26 from $22 at Citizens
Citizens raised the firm’s price target on Remitly Global (RELY) to $26 from $22 and keeps an Outperform rating on the shares. Remitly delivered strong Q1 results with broad-based revenue
Overcharged and Underserved: Remitly's New CEO Sees a Big Opening in Cross-Border Payments
Watch more: Need to Know With Remitly's Sebastian Gunningham Sending money across borders should be simple by now. We live in a world where you can order groceries from your couch and open a bank acco...
Remitly Global reports Q1 EPS 23c, consensus 29c
Reports Q1 revenue $452.8M, consensus $438.86M. “We delivered an exceptional Q1, achieving record revenue and Adjusted EBITDA,” said Sebastian Gunningham, Chief Executive Officer, Remitly. “Outperform...
Remitly Global sees FY26 revenue $1.96B-$1.975B, consensus $1.95B
Year over year growth in net income for 2026 and Adjusted EBITDA to be in the range of $370 million to $385 million.
Remitly Global sees Q2 revenue $483M-$485M, consensus $481.12M
Year over year growth in net income for the second quarter of 2026 and Adjusted EBITDA to be in the range of $86 million to $88 million. Published first on
Remitly Global Earnings Call Transcript: Q1 2026
Record Q1 revenue and profitability driven by strong customer growth, high-value senders, and business segment expansion. AI-driven efficiencies and disciplined capital allocation supported margin gains and accelerated share repurchases.
Remitly Reports Record First Quarter Results and Raises Full Year 2026 Outlook
First quarter send volume up 37% and revenue up 25% year over year First quarter net income of $49.1 million up 332% and Adjusted EBITDA of $101.6 million up 74% year over year SEATTLE, May 06, 2026 (...
Remitly to Report First Quarter Financial Results on May 6, 2026
SEATTLE, April 22, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly” or the “Company”), a trusted provider of financial services that transcend borders, today announced that it w...
Remitly Global price target raised to $24 from $20 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Remitly Global (RELY) to $24 from $20 and keeps an Overweight rating on the shares. Despite concerns about a broader macro slowdown,
Remitly Global price target raised to $23 from $21 at KeyBanc
KeyBanc analyst Alex Markgraff raised the firm’s price target on Remitly Global (RELY) to $23 from $21 on lessening concern over implied headwinds for the year, while keeping an Overweight
Remitly Appoints Technology Veteran Adam Messinger to its Board of Directors
SEATTLE, April 10, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”) today announced the appointment of Adam Messinger to its Board of Directors (the “Board”). With this appoint...
Remitly Global initiated with a Buy at Freedom Capital
Freedom Capital initiated coverage of Remitly Global (RELY) with a Buy rating and $20 price target The firm sees the company continuing to benefit from “compounding advantages of scale with
Remitly Global Transcript: Wolfe FinTech Forum
Operating in a vast payments market, the company leverages strong unit economics, rapid product innovation, and AI-driven efficiencies to drive growth and profitability. New products and geographic expansion, combined with a customer-first approach, support sustained market share gains and long-term targets.
Remitly Global Transcript: Citizens JMP Technology Conference 2026
A new CEO with deep tech experience is driving a focus on scaling, AI, and operational efficiency. Strong financial growth, new products, and global expansion are fueling momentum, while stablecoins and AI are seen as key future enablers.
Remitly Global management to meet with Citizens
Group Dinner Meeting with Management. in San Francisco on March 2 hosted by Citizens.
Remitly Announces Upcoming Webinar and Investor Conference Participation
SEATTLE, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that its management team wi...
Remitly Global price target raised to $20 from $17 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Remitly Global (RELY) to $20 from $17 and keeps an Overweight rating on the shares. Remitly’s strong Q4 results, a better-than-expected FY26
Remitly Global rises 29.2%
Remitly Global (RELY) is up 29.2%, or $3.98 to $17.59.
Remitly Global rises 23.8%
Remitly Global (RELY) is up 23.8%, or $3.24 to $16.85.
Remitly Global price target raised to $20 from $17 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Remitly Global (RELY) to $20 from $17 and keeps a Buy rating on the shares. Remitly delivered results well above expectations, with
Remitly Global price target raised to $22 from $20 at Citizens
Citizens raised the firm’s price target on Remitly Global (RELY) to $22 from $20 and keeps an Outperform rating on the shares. Remitly Global reports another quarter of outperformance while
Remitly CEO Matt Oppenheimer steps down, hands reins of fintech company to former Amazon exec
Veteran tech and finance executive Sebastian Gunningham will replace Oppenheimer as CEO of the Seattle-based company.