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RELY Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
20.560
Open
19.880
VWAP
20.23
Vol
969.79K
Mkt Cap
4.22B
Low
19.849
Amount
19.62M
EV/EBITDA(TTM)
30.83
Total Shares
210.65M
EV
3.83B
EV/OCF(TTM)
11.78
P/S(TTM)
2.66
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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Events Timeline

(ET)
2026-02-19
16:20:00
Walmart Announces $30 Billion Share Buyback Plan
select
2026-02-19
12:10:00
Major U.S. Indices Decline as Walmart Announces $30B Buyback Plan
select
2026-02-19
12:10:00
Remitly Global Stock Rises 29.2% to $17.59
select
2026-02-19
10:10:00
Remitly Global Stock Rises 23.8% to $16.85
select
2026-02-18 (ET)
2026-02-18
16:20:00
Remitly Global Appoints Sebastian Gunningham as CEO
select

News

Fool
5.0
20:06 PMFool
Remitly Executive Sells 35,976 Shares Amid Strategic Shift
  • Executive Stock Sale: Saema Somalya, Chief Legal and Corporate Affairs Officer of Remitly, sold 35,976 shares of common stock on April 14 and 15, 2026, totaling approximately $650,000, which reduced her direct holdings by 12.16% to 259,815 shares, valued at about $4.90 million post-transaction.
  • Transaction Scale Analysis: This sale represents one of the largest single transactions in Saema's history, slightly below her previous maximum of 36,764 shares sold on March 4, 2026, and exceeds her average sale size of approximately 21,954 shares, indicating a trend of declining holdings.
  • Company Financial Performance: Remitly achieved a net income of $67.9 million in 2025, a significant turnaround from a net loss of $37 million the previous year, with total revenue reaching $1.64 billion, up 29%, highlighting the company's robust growth potential in the digital remittance market.
  • Strategic Shift and Market Response: With Remitly's innovative move towards AI-assisted distribution through a ChatGPT-integrated app, aimed at expanding its reach within immigrant communities, the executive stock sale raises questions, but the focus should remain on the company's evolving business strategies and market developments.
Newsfilter
8.5
04-16Newsfilter
Remitly Launches Cross-Border Transfer App in ChatGPT
  • First Cross-Border App: Remitly's launch of its app in ChatGPT makes it the first cross-border money transfer company on the platform, addressing user needs for convenient transfer information and enhancing user experience.
  • Convenient Access to Transfer Info: Users can view real-time exchange rates and compare various transfer methods, such as bank deposits and cash pickups, within ChatGPT, simplifying decision-making and improving transfer efficiency.
  • Multi-Platform Strategy: This launch reflects Remitly's strategy to provide services on platforms users frequently use, having previously introduced money transfers via WhatsApp, demonstrating the company's proactive adaptation to changing customer behaviors.
  • Global Business Expansion: With services spanning over 175 countries, Remitly is evolving from a remittance company into a diversified cross-border financial services provider, enhancing its competitiveness and influence in the global market.
Fool
5.0
04-06Fool
Investment Opportunities Amid Market Pullback
  • UiPath Price Pullback: UiPath's shares have fallen over 40% since their December peak, yet its core automated workflow concept remains appealing to users, suggesting a potential rebound; currently priced at less than 14 times projected earnings, it presents a buying opportunity.
  • Remitly User Growth: Remitly Global saw a 19% year-over-year increase in active users to 9.3 million in Q4, driving a 35% rise in total transfer amounts and a 26% revenue increase to $442 million, successfully turning a loss into a profit, showcasing its strong performance in the cross-border payments market.
  • Meta's AI Utilization: Meta Platforms' stock has dropped 28% since August, but its ability to enhance advertising through AI has led to a 24% revenue growth in Q4, demonstrating its ongoing competitiveness in social networking, making it a long-term growth prospect for investors.
  • Overall Market Trends: Despite the broader market pullback, investors should view this as a buying opportunity, particularly for companies with substantial AI applications like UiPath, Remitly, and Meta, which are expected to benefit from long-term growth.
NASDAQ.COM
2.0
04-06NASDAQ.COM
Market Volatility in AI Stocks Presents Investment Opportunities
  • UiPath Stock Decline: UiPath's shares have fallen over 40% since December, primarily due to a broader pullback in the AI sector; however, its automated workflow solutions remain highly marketable, potentially attracting long-term investors.
  • Remitly User Growth: Remitly Global saw a 19% year-over-year increase in active users to 9.3 million in Q4, driving a 35% rise in total money transferred and enabling the company to shift from a $5.7 million loss to a $41.2 million profit, showcasing its strong performance in cross-border payments.
  • Meta's AI Strategy: Meta Platforms' stock has dropped 28% since August, yet its strategy of leveraging AI to enhance its advertising business is proving effective, with Q4 revenue growth accelerating to 24%, reflecting its sustained competitiveness in the social networking space.
  • Investor Buying Opportunity: Despite the volatility in AI stocks, veteran investors view this as a buying opportunity, particularly for companies like UiPath and Remitly that have practical applications in AI, which may yield higher returns in the future.
Fool
2.0
04-02Fool
Geopolitical Conflict Impacts Oil Prices and Stock Market
  • Market Volatility Intensifies: The geopolitical conflict in Iran has heightened concerns over oil prices and global inflation, leading the Nasdaq-100 index to drop over 10%, reflecting market anxiety about future economic conditions.
  • Oscar Health Growth Potential: Oscar Health anticipates reaching 3.4 million members in 2026, and despite customer churn risks, the company expects to achieve $250 million to $450 million in operating income, demonstrating resilience in an economic downturn.
  • Adyen Market Share Gains: Adyen, a global payment processor, has seen its stock drop over 50% from highs, yet its revenue grew 21% year-over-year in the second half of last year, with EBITDA margins at 55%, indicating strong long-term investment potential.
  • Remitly Digital Transfer Advantage: Remitly Global is rapidly gaining market share in the foreign money transfer sector, with revenue increasing 26% year-over-year to $442 million and a record operating margin of 9%, showcasing the strength of its business model.
Fool
5.0
03-25Fool
Director Sells 29K Shares of RELY for $522K
  • Transaction Overview: On March 4, 2026, Remitly Global's Director Joshua Hug disclosed the sale of 29,049 shares of common stock for approximately $522,301, indicating a routine operation under a preset trading plan as per SEC Form 4.
  • Holding Status: The shares sold represent less than 1% of Hug's directly held 3,575,733 shares, indicating a minor trim, while he still retains over 3.5 million shares, reflecting ongoing confidence in the company.
  • Plan Influence: This transaction was executed under a Rule 10b5-1 trading plan established on December 5, 2024, suggesting that Hug locked in the sale schedule months prior, thus it does not reflect his current sentiment towards the stock.
  • Market Performance: With a market capitalization of $3.40 billion and a 22.9% decline in stock price over the past year, while Hug's sale is not seen as a bearish signal, the company must remain vigilant regarding market dynamics to maintain investor confidence.
Wall Street analysts forecast RELY stock price to rise
5 Analyst Rating
Wall Street analysts forecast RELY stock price to rise
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
17.00
Averages
22.67
High
28.00
Current: 0.000
sliders
Low
17.00
Averages
22.67
High
28.00
Freedom Capital
Buy
initiated
$20
AI Analysis
2026-04-01
Reason
Freedom Capital
Price Target
$20
AI Analysis
2026-04-01
initiated
Buy
Reason
Freedom Capital initiated coverage of Remitly Global with a Buy rating and $20 price target. The firm sees the company continuing to benefit from "compounding advantages of scale with strong unit economics." Remitly shares are attractively valued given the company's high-double-digit revenue growth and expanding margins, the analyst tells investors in a research note.
Cantor Fitzgerald
Overweight
maintain
$17 -> $20
2026-02-23
Reason
Cantor Fitzgerald
Price Target
$17 -> $20
2026-02-23
maintain
Overweight
Reason
Cantor Fitzgerald raised the firm's price target on Remitly Global to $20 from $17 and keeps an Overweight rating on the shares. Remitly's strong Q4 results, a better-than-expected FY26 outlook, and continued involvement from co-founder and former CEO Oppenheimer helped ease investor concerns despite the surprising CEO change, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RELY
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Valuation Metrics

The current forward P/E ratio for Remitly Global Inc (RELY.O) is 0.00, compared to its 5-year average forward P/E of 29.80. For a more detailed relative valuation and DCF analysis to assess Remitly Global Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
29.80
Current PE
0.00
Overvalued PE
106.02
Undervalued PE
-46.41

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
13.25
Current EV/EBITDA
15.18
Overvalued EV/EBITDA
71.84
Undervalued EV/EBITDA
-45.33

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.92
Current PS
1.78
Overvalued PS
4.65
Undervalued PS
1.20

Financials

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Whales Holding RELY

P
Prosus Ventures N.V.
Holding
RELY
+24.84%
3M Return
B
Brighton Jones LLC
Holding
RELY
+4.57%
3M Return
A
Azora Capital LP
Holding
RELY
+3.51%
3M Return
A
ArrowMark Colorado Holdings, LLC
Holding
RELY
-3.76%
3M Return
G
Generation Investment Management LLP
Holding
RELY
-8.74%
3M Return

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Frequently Asked Questions

What is Remitly Global Inc (RELY) stock price today?

The current price of RELY is 20.295 USD — it has increased 1.42

What is Remitly Global Inc (RELY)'s business?

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.

What is the price predicton of RELY Stock?

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 is22.67 USD with a low forecast of 17.00 USD and a high forecast of 28.00 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.

What is Remitly Global Inc (RELY)'s revenue for the last quarter?

Remitly Global Inc revenue for the last quarter amounts to 442.18M USD, increased 25.66

What is Remitly Global Inc (RELY)'s earnings per share (EPS) for the last quarter?

Remitly Global Inc. EPS for the last quarter amounts to 0.19 USD, decreased -733.33

How many employees does Remitly Global Inc (RELY). have?

Remitly Global Inc (RELY) has 3200 emplpoyees as of April 20 2026.

What is Remitly Global Inc (RELY) market cap?

Today RELY has the market capitalization of 4.22B USD.