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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
24.270
Open
23.310
VWAP
23.77
Vol
12.43M
Mkt Cap
5.06B
Low
23.005
Amount
295.54M
EV/EBITDA(TTM)
26.50
Total Shares
210.56M
EV
4.41B
EV/OCF(TTM)
16.10
P/S(TTM)
3.02
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.
Show More

Events Timeline

(ET)
2026-05-07
17:30:00
Remitly Global to Replace Apellis Pharmaceuticals
select
2026-05-06 (ET)
2026-05-06
17:00:00
Year Over Year Growth in Net Income for Q2 2026 and Adjusted EBITDA Between $86 Million to $88 Million
select
2026-05-06
17:00:00
Remitly Reports Q1 Revenue of $452.8M
select
2026-05-06
17:00:00
2026 Net Income and Adjusted EBITDA Growth to $370M to $385M
select

News

moomoo
4.5
05-07moomoo
S&P Dow Jones Indices: Bright Horizons Family Solutions and Remitly Global to be Added to S&P SmallCap 600
  • 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.

seekingalpha
9.5
05-07seekingalpha
Remitly Reports Exceptional Q1 2026 Earnings with Record Revenue and EBITDA
  • Exceptional Financial Performance: Remitly achieved $453 million in revenue for Q1 2026, a 25% year-over-year increase, with adjusted EBITDA reaching $102 million, marking the first time it exceeded $100 million, indicating strong profitability and market demand.
  • Accelerated Share Repurchase: The pace of share repurchases nearly quadrupled this quarter, totaling $44 million, reflecting management's increased confidence in the company's future growth and creating value for shareholders.
  • Core Business Growth: Core send volumes grew 30% quarter-over-quarter to $22.1 billion, with active customers increasing 20% year-over-year to over 9.6 million, showcasing Remitly's robust momentum in the digital remittance market.
  • Optimistic Outlook: Management expects Q2 2026 revenue to be between $483 million and $485 million, with full-year revenue guidance raised to $1.96 billion to $1.975 billion, reflecting confidence in future growth and continued market share expansion.
Fool
2.0
05-01Fool
Remitly Global Shares Surge 39.7% in April
  • Significant Stock Surge: Remitly Global's shares soared 39.7% in April, reflecting strong market response to its robust growth and new product features, with a year-to-date increase of 72%, indicating a rebound in investor confidence.
  • Notable Revenue Growth: The company reported a 26% year-over-year revenue increase last quarter, with a 35% rise in send volume to $20 billion, demonstrating effective business model despite still being a single-digit market share player.
  • Innovative Product Integrations: In April, Remitly launched new product integrations through WhatsApp and ChatGPT, catering to customer needs, which received a positive market reaction and is expected to drive further market share gains and rapid revenue growth.
  • Enhanced Profitability: The operating income reached $38.8 million last quarter with a 9% margin, the highest in the company's history, indicating that Remitly is effectively proving its profitability, and despite a 73% stock increase, its price-to-sales ratio remains below the S&P 500 average.
Fool
5.0
04-20Fool
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.
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
Goldman Sachs
Will Nance
Buy
maintain
$20 -> $27
AI Analysis
2026-05-07
New
Reason
Goldman Sachs
Will Nance
Price Target
$20 -> $27
AI Analysis
2026-05-07
New
maintain
Buy
Reason
Goldman Sachs analyst Will Nance raised the firm's price target on Remitly Global to $27 from $20 and keeps a Buy rating on the shares.
Citizens
NULL -> Outperform
maintain
$22 -> $26
2026-05-07
New
Reason
Citizens
Price Target
$22 -> $26
2026-05-07
New
maintain
NULL -> Outperform
Reason
Citizens raised the firm's price target on Remitly Global to $26 from $22 and keeps an Outperform rating on the shares. Remitly delivered strong Q1 results with broad-based revenue and earnings upside driven by account growth, higher send volumes, and disciplined execution, while raising its 2026 outlook by more than the quarter's beat, reinforcing its position as a secular leader in digital remittances with improving capital generation, expanding product ambitions under new leadership, and continued investment-driven growth despite some back-end weighting in the forward guidance, 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
13.29
Current EV/EBITDA
10.68
Overvalued EV/EBITDA
71.54
Undervalued EV/EBITDA
-44.96

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
2.91
Current PS
2.06
Overvalued PS
4.63
Undervalued PS
1.20

Financials

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Whales Holding RELY

P
Prosus Ventures N.V.
Holding
RELY
+55.03%
3M Return
B
Brighton Jones LLC
Holding
RELY
+18.33%
3M Return
A
ArrowMark Colorado Holdings, LLC
Holding
RELY
+2.42%
3M Return
G
Generation Investment Management LLP
Holding
RELY
-6.66%
3M Return

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Frequently Asked Questions

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

The current price of RELY is 24.03 USD — it has increased 5.44

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 452.80M USD, increased 25.21

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 0.23 USD, increased 360.00

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

Remitly Global Inc (RELY) has 3200 emplpoyees as of May 11 2026.

What is Remitly Global Inc (RELY) market cap?

Today RELY has the market capitalization of 5.06B USD.