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RELY

Remitly Global Inc
$
19.650
-0.32(-1.602%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
Line
Line
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Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
20.150
Open
19.840
VWAP
19.67
Vol
3.17M
Mkt Cap
4.05B
Low
19.475
Amount
62.32M
EV/EBITDA(TTM)
68.85
Total Shares
192.48M
EV
3.41B
EV/OCF(TTM)
9.05
P/S(TTM)
2.87
Remitly Global, Inc. is a provider of digital financial services that transcend borders, in over 170 countries around the world. Its cross-border payments app helps customers with a fast, reliable, and transparent money movement experience. The Company’s technology platform is purpose-built to localize consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The Company provides a digital cross-border remittance product that is accessible via its mobile app or the Web. It offers a mobile-centric suite of products, global network, localization expertise at scale and a data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. The Company's global network of funding and disbursement partnerships enables it to complete money transfers in over 5,100 corridors without the need to deploy local operations in each country.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q3
FY2025Q4
FY2026Q1
414.20M
+23.08%
0.182
+70.54%
433.18M
+23.1%
0.173
-9.6%
440.12M
+21.71%
0.240
+23.78%
Estimates Revision
The market is revising Upward the revenue expectations for Remitly Global, Inc. (RELY) for FY2025, with the revenue forecasts being adjusted by 2.35% over the past three months. During the same period, the stock price has changed by -13.85%.
Revenue Estimates for FY2025
Revise Upward
up Image
+2.35%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
down Image
-5.19%
In Past 3 Month
Stock Price
Go Down
down Image
-13.85%
In Past 3 Month
9 Analyst Rating
up Image
42.49% Upside
Wall Street analysts forecast RELY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RELY is 28.00 USD with a low forecast of 25.00 USD and a high forecast of 32.00  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.
7 Buy
2 Hold
0 Sell
Strong Buy
up Image
42.49% Upside
Current: 19.650
sliders
Low
25.00
Averages
28.00
High
32.00
KeyBanc
Overweight
maintain
$27 -> $28
2025-08-07
Reason
KeyBanc raised the firm's price target on Remitly Global to $28 from $27 and keeps an Overweight rating on the shares. The firm notes Remitly's results were solid, as usual. Guidance for FY25 was raised in excess of upside in the quarter.
Barclays
Ramsey El-Assal
maintain
$24 -> $27
2025-05-12
Reason
Barclays analyst Ramsey El-Assal raised the firm's price target on Remitly Global to $27 from $24 and keeps an Overweight rating on the shares.
KeyBanc
Overweight
maintain
$24 -> $27
2025-05-08
Reason
KeyBanc raised the firm's price target on Remitly Global to $27 from $24 and keeps an Overweight rating on the shares. The firm notes Remitly posted a healthy Q1 print with upside across the board. Strength was led by strong customer engagement and growth from larger senders. No material headwinds from immigration policy or macro conditions are easily detected in results, KeyBanc adds.
Monness Crespi
Gus Gala
Buy
maintain
$30 -> $32
2025-05-08
Reason
Monness Crespi analyst Gus Gala raised the firm's price target on Remitly Global to $32 from $30 and keeps a Buy rating on the shares. Remitly "again" delivered strong beats on topline and EBITDA and provided Q2 guidance slightly behind consensus, though the firm believe this view is "conservative," the analyst tells investors in a post-earnings note.
Keybanc
Philip Gibbs
Buy
Maintains
$33 → $24
2025-04-23
Reason
KeyBanc lowered the firm's price target on Remitly Global to $24 from $33 and keeps an Overweight rating on the shares. The firm says that ahead of Q1 prints, it is tweaking its estimates and price targets across several names with greater consideration for the level of uncertainty around the balance of the year. KeyBanc does "not know what we don't know, thus 'cautious' seems the prudent lens through which to look at our coverage universe."
JMP Securities
David Scharf
Buy
Reiterates
$32
2025-04-10
Reason

Valuation Metrics

The current forward P/E ratio for Remitly Global Inc (RELY.O) is 22.82, compared to its 5-year average forward P/E of 31.02. For a more detailed relative valuation and DCF analysis to assess Remitly Global Inc 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
31.02
Current PE
22.82
Overvalued PE
110.86
Undervalued PE
-48.81

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
13.26
Current EV/EBITDA
14.57
Overvalued EV/EBITDA
76.78
Undervalued EV/EBITDA
-50.27

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PS
3.16
Current PS
2.25
Overvalued PS
4.92
Undervalued PS
1.39

Financials

Annual
Quarterly
FY2025Q2
YoY :
+34.41%
411.85M
Total Revenue
FY2025Q2
YoY :
-194.09%
14.64M
Operating Profit
FY2025Q2
YoY :
-154.06%
6.54M
Net Income after Tax
FY2025Q2
YoY :
-150.00%
0.03
EPS - Diluted
FY2025Q2
YoY :
-42.80%
25.54M
Free Cash Flow
FY2025Q2
YoY :
+0.03%
63.57
Gross Profit Margin - %
FY2025Q2
YoY :
-140.25%
1.59
Net Margin - %

Trading Trends

Insider
Insiders areSelling! The selling amount has increased 192.34% over the last month.
Sold
0-3
Months
3.4M
USD
13
3-6
Months
279.3M
USD
19
6-9
Months
2.8M
USD
9
0-12
Months
2.5M
USD
8
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
2.5M
Volume
1
6-9
Months
7.1M
Volume
1
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

RELY News & Events

Events Timeline

2025-08-06 (ET)
2025-08-06
17:38:23
Remitly Global announces $200M share repurchase program
select
2025-08-06
17:37:47
Remitly Global raises FY25 revenue view to $1.61B-$1.62B from $1.57B-$1.59B
select
2025-08-06
17:35:53
Remitly Global sees Q3 revenue $411M-$413M, consensus $406.69M
select
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News

2.0
08-07Benzinga
Applovin, Sunrun, Duolingo, Tutor Perini, Installed Building Products And Other Big Stocks Moving Higher On Thursday
9.5
08-07Newsfilter
Remitly Global, Inc. (RELY) Q2 2025 Earnings Call Transcript
2.0
07-24NASDAQ.COM
Remitly Global is Now Oversold (RELY)
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FAQ

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The current price of RELY is 19.65 USD — it has decreased -1.6 % in the last trading day.

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