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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

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High
20.400
Open
20.000
VWAP
20.11
Vol
3.79M
Mkt Cap
4.22B
Low
19.910
Amount
76.28M
EV/EBITDA(TTM)
21.41
Total Shares
210.56M
EV
3.56B
EV/OCF(TTM)
13.01
P/S(TTM)
2.52
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
2026 Net Income and Adjusted EBITDA Growth to $370M to $385M
select
2026-05-06
17:00:00
Remitly Reports Q1 Revenue of $452.8M
select
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

News

Fool
8.5
05-28Fool
Analysis of Small-Cap Investment Potential
  • 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.
NASDAQ.COM
8.5
05-28NASDAQ.COM
Remitly and Wix: Potential Multibagger Stocks
  • 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.
Fool
8.5
05-25Fool
Three Growth Stocks to Buy and Hold for 20 Years
  • 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.
NASDAQ.COM
8.5
05-25NASDAQ.COM
Remitly Expands Rapidly in Global Remittance Market
  • 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.
Newsfilter
1.0
05-12Newsfilter
Remitly Announces Upcoming Investor Conference Schedule
  • 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.
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.

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
Reason
Goldman Sachs
Will Nance
Price Target
$20 -> $27
AI Analysis
2026-05-07
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
Reason
Citizens
Price Target
$22 -> $26
2026-05-07
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
Unlock Now

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
9.33
Overvalued EV/EBITDA
71.13
Undervalued EV/EBITDA
-44.63

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
2.90
Current PS
1.79
Overvalued PS
4.61
Undervalued PS
1.19

Financials

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Whales Holding RELY

P
Prosus Ventures N.V.
Holding
RELY
+38.41%
3M Return
B
Brighton Jones LLC
Holding
RELY
+21.62%
3M Return
G
Generation Investment Management LLP
Holding
RELY
+1.83%
3M Return
L
Lakewood Capital Management, LP
Holding
RELY
+1.81%
3M Return
A
ArrowMark Colorado Holdings, LLC
Holding
RELY
-0.92%
3M Return

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Frequently Asked Questions

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

The current price of RELY is 20.02 USD — it has increased 0.1

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 31 2026.

What is Remitly Global Inc (RELY) market cap?

Today RELY has the market capitalization of 4.22B USD.