2026 Net Income and Adjusted EBITDA Growth to $370M to $385M
Year over year growth in net income for 2026 and Adjusted EBITDA to be in the range of $370 million to $385 million.
Trade with 70% Backtested Accuracy
Analyst Views on RELY
About RELY
About the author

- Remitly Market Share Gains: Remitly Global, with a market cap of $4.2 billion, is rapidly expanding in the global remittance market, achieving a 37% year-over-year increase in send volume to $22 billion and a 25% revenue growth to $453 million, indicating strong appeal in core markets and future revenue growth potential.
- Profitability Improvement: Remitly's net income margin reached 11% last quarter, and with expanding market share and improving profit margins, the company's small market cap presents significant multibagger potential, making it suitable for long-term investment.
- Wix's Cheap Valuation: Wix, valued at $2.9 billion, is perceived as an AI “loser,” yet its revenue rose 14% year-over-year to $541 million last quarter, and its acquisition of Base44 has generated over $150 million in annual recurring revenue, showcasing its potential in the AI space.
- AI Tool Development: Wix is developing an AI website builder called Wix Harmony, leveraging its extensive dataset; if it can maintain double-digit growth and achieve profitability, it could become a prime investment choice with significant upside potential.
- Remitly Market Expansion: Remitly Global, with a market cap of $4.2 billion, saw its send volume increase by 37% year-over-year last quarter to $22 billion, while revenue rose 25% to $453 million, indicating rapid growth potential in the global remittance market that is expected to continue for years.
- Profitability Improvement: Remitly's net income margin reached 11% last quarter, and with expanding market share and new product launches, the company's profitability is gradually improving, enhancing its appeal as a multibagger stock.
- Wix Revenue Growth: Wix, with a market cap of $2.2 billion, reported a 14% year-over-year revenue increase to $541 million last quarter, demonstrating solid growth across all product segments, particularly with its acquisition of AI-powered app Base44, which has surpassed $150 million in annual recurring revenue.
- AI Potential Unfolding: Wix is developing its own AI website builder, Wix Harmony, leveraging its extensive dataset, and although it is currently not profitable, if it can achieve a recovery in profitability amid the AI boom, Wix's stock holds significant multibagger potential.
- Remittance Disruptor: Remitly Global's send volume surged 37% year-over-year to $22.1 billion last quarter, driving a 25% revenue increase, showcasing its strong customer acquisition in the U.S. and plans for international expansion into the Middle East, positioning it for double-digit growth ahead.
- E-commerce Imitator's Potential: Coupang's revenue has nearly tripled since going public, reaching $35 billion, and despite a recent slowdown to 8% growth due to a data leak, it is expected to rebound to double-digit growth by 2026, with a current market cap of just $28 billion making it attractive for investors.
- Digital Banking Surge: Nu Holdings boasts 135 million active customers across Brazil, Mexico, and Colombia, generating $16 billion in revenue over the past year, with a record monthly revenue per active customer of $15.90, indicating significant potential for scaling up revenue and profits through product expansion.
- Long-term Investment Appeal: All three companies exhibit strong growth potential, with Remitly and Nu Holdings expected to achieve double-digit growth, and Coupang's undervaluation making them compelling long-term investment choices for the next 20 years.
- Remittance Market Growth: Remitly stands out in the global remittance market with a 37% year-over-year increase in send volume to $22.1 billion last year, driving a 25% revenue growth, showcasing its strong customer acquisition capabilities in the U.S. and plans for international expansion into regions like the Middle East.
- Business Expansion Potential: Although Remitly's total remittance volume over the past 12 months is less than $100 billion, the introduction of new services like digital wallets and business transactions is expected to enable double-digit growth for many years, making it an ideal candidate for a long-term investment portfolio.
- Coupang's Market Opportunity: Coupang's stock has dropped 70% from its all-time highs to $15.50 per share, and despite only an 8% revenue growth last quarter, it is projected to return to double-digit growth by 2026, highlighting its long-term potential in the South Korean e-commerce market.
- Nu Bank's Customer Base: Nu Bank boasts 135 million active customers across Brazil, Mexico, and Colombia, with $16 billion in revenue over the past 12 months, and a record monthly revenue per active customer of $15.90, indicating significant expansion potential and future profitability in the digital banking sector.
- Investor Conference Schedule: Remitly will host a virtual webinar with Cantor on May 13, 2026, featuring CEO Sebastian Gunningham and CFO Vikas Mehta in a Q&A session, which is expected to enhance investor engagement and transparency.
- Participation in Tech Conference: The company will participate in the J.P. Morgan Global Technology, Media, and Communications Conference on May 18, 2026, where the CEO and CFO will engage in a fireside chat, enhancing interaction with investors and boosting brand image.
- Multiple Conference Agenda: Remitly is also set to attend the Bernstein Strategic Decisions Conference on May 27, 2026, and the Bank of America Global Technology Conference on June 4, showcasing its diversified strategy in the financial services sector and further solidifying its market position.
- Global Reach: As a leading provider of cross-border financial services, Remitly's operations in over 175 countries enable it to attract global investor interest, enhancing its competitiveness in the international market.

S&P Dow Jones Indices: The S&P Dow Jones Indices is a leading provider of financial market indices, known for its comprehensive range of benchmarks.
Bright Horizons Family Solutions: Bright Horizons Family Solutions is a prominent company that offers child care and early education services, catering to families and employers.
Remitly Global: Remitly Global is a financial technology company that specializes in international money transfers, providing services to individuals and businesses.
S&P Small Cap 600: The S&P Small Cap 600 is an index that measures the performance of small-cap companies in the U.S., reflecting the overall health of the small-cap market.










