Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Remitly Global, Inc. (Nasdaq: RELY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2025
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Source: Newsfilter
Investment Opinion on Remitly: Spruce Point Capital Management has issued a report expressing concerns over Remitly's business practices, including the use of questionable customer testimonials and potential governance issues, while predicting a long-term downside risk of 40% to 55% for its share price.
Market Risks and Financial Performance: The report highlights significant short-term risks related to U.S. immigration policies and long-term threats from stablecoin adoption, alongside declining financial metrics such as average transaction size and revenue per active customer, suggesting that Remitly may struggle to maintain growth and profitability.
Analyst Views on FOUR
Wall Street analysts forecast FOUR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FOUR is 113.75 USD with a low forecast of 90.00 USD and a high forecast of 150.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
15 Buy
6 Hold
0 Sell
Moderate Buy
Current: 67.110
Low
90.00
Averages
113.75
High
150.00
Current: 67.110
Low
90.00
Averages
113.75
High
150.00
About FOUR
Shift4 Payments, Inc. is engaged in commerce-enabling technology. The Company is an independent provider of software and payment processing solutions in the United States based on the total volume of payments processed. Its payments platform provides omni-channel card acceptance and processing solutions across multiple payment types, including credit, debit, contactless card, Europay, MasterCard and Visa (EMV), QR Pay, and mobile wallets, as well as alternative payment methods, such as Apple Pay, Google Pay, Alipay and WeChat Pay. Through its proprietary gateway, its payments platform is integrated with over 550 software suites. It enables connectivity with the payment processors, alternative payment rails and many different payment devices. Its suite of technology solutions includes SkyTab POS, SkyTab Mobile, SkyTab Venue, Lighthouse, The Giving Block, Shift4Shop and Marketplace. Its SkyTab POS offering helps its merchants scale their business and improve operational efficiency.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
