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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
15.920
Open
15.460
VWAP
15.64
Vol
1.47M
Mkt Cap
3.23B
Low
15.235
Amount
22.96M
EV/EBITDA(TTM)
22.88
Total Shares
210.65M
EV
2.84B
EV/OCF(TTM)
8.74
P/S(TTM)
2.04
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)
2026-02-19
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
2026-02-18
16:10:00
Sees FY26 Adjusted EBITDA at $340M-$360M
select

News

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.
Fool
8.5
03-17Fool
Naspers Sells 12 Million Remitly Shares for $191.8 Million
  • Transaction Overview: Naspers sold 12 million shares of Remitly in an open-market transaction for approximately $191.8 million, indicating a significant reduction in its stake in the company.
  • Ownership Change: This sale decreased Naspers' indirect ownership from 25.4 million shares to 13.4 million shares, a reduction of 47.17%, while direct holdings remained at zero, suggesting diminished influence over Remitly.
  • Sale Structure: The shares were sold through indirect holding entities, specifically via PayU Fintech Investments B.V., with ultimate control resting with Naspers and Prosus N.V., and no direct transactions or gifts were reported.
  • Strategic Exit Intent: Naspers has publicly categorized Remitly as a non-strategic asset and is executing a broader $2 billion divestiture program targeting non-core holdings, indicating that this sale is part of a deliberate strategy, which will reduce future transaction transparency.
NASDAQ.COM
8.5
03-17NASDAQ.COM
Naspers Sells Remitly Shares in $191.8 Million Transaction
  • Sale Scale: On March 12, 2026, Naspers sold 12 million shares of Remitly common stock through indirect means for approximately $191.8 million, reducing its indirect holdings to 13,441,745 shares, which impacts its investment strategy in Remitly.
  • Ownership Change: This transaction drops Naspers' indirect ownership below the 10% threshold, altering SEC reporting requirements, meaning future transactions will not need to be reported individually, complicating investor tracking of Naspers' activities.
  • Strategic Exit Plan: Naspers has classified Remitly as a non-strategic asset and is executing a broader $2 billion divestiture program targeting non-core holdings, indicating a strategic reassessment of its investment portfolio.
  • Market Reaction and Outlook: Although Naspers retains about 13.4 million shares of Remitly, the clear direction of this sale suggests that investors should view it as part of a strategic adjustment rather than a negative reaction to Remitly itself.
Fool
7.5
03-15Fool
Remitly: A Potential Winner in the AI Era
  • Market Reaction and Stock Volatility: Despite Remitly's revenue growing over 500% cumulatively in the past five years, its stock has fallen 69% from all-time highs, reflecting market concerns about its position in the AI and stablecoin era.
  • Customer Base Expansion: By leveraging direct banking connections and a user-friendly mobile app, Remitly has successfully attracted 9.3 million active customers, significantly enhancing its competitiveness in the international remittance market.
  • Stablecoin Utilization and Cost Control: Remitly is already using stablecoins on its balance sheet to minimize transfer costs, which is expected to further lower customer fees and enhance its market appeal.
  • Future Growth Potential: Management anticipates that by 2026, Remitly will achieve over $3 billion in revenue and adjusted EBITDA of $575 million to $600 million, indicating strong long-term investment value and profitability potential.
NASDAQ.COM
8.5
03-15NASDAQ.COM
Remitly: Disruptive Growth Potential Ahead
  • Market Share Growth: Remitly has seen its revenue grow over 500% cumulatively in the past five years, and despite a 69% drop from all-time highs, it continues to expand its share in the remittance market, indicating strong demand and long-term investment potential.
  • Stablecoin Utilization: The company is already using stablecoins on its balance sheet to minimize transfer costs, allowing for more competitive customer fees, which not only enhances customer satisfaction but also opens new avenues for future revenue growth.
  • AI Technology Integration: Remitly is leveraging artificial intelligence to improve customer experience and cost-effectiveness of automated support services, with expectations that this technological application will further strengthen its market competitiveness and drive sustained revenue growth in the coming years.
  • Future Financial Outlook: Management anticipates that by 2026, Remitly will generate over $3 billion in revenue and adjusted EBITDA of $575 million to $600 million, with a forward P/E ratio of just 8 based on current stock prices, highlighting the investment attractiveness of the stock.
NASDAQ.COM
2.0
03-13NASDAQ.COM
Remitly (RELY) Q4 2025 Earnings Call Transcript
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
Cantor Fitzgerald
Overweight
maintain
$17 -> $20
AI Analysis
2026-02-23
Reason
Cantor Fitzgerald
Price Target
$17 -> $20
AI Analysis
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.
Goldman Sachs
Buy
maintain
$17 -> $20
2026-02-19
Reason
Goldman Sachs
Price Target
$17 -> $20
2026-02-19
maintain
Buy
Reason
Goldman Sachs raised the firm's price target on Remitly Global to $20 from $17 and keeps a Buy rating on the shares. Remitly delivered results well above expectations, with revenue, revenue less transaction expenses, and volume all beating consensus and opex coming in lower, driving a greater than 70% EBITDA beat, while full-year guidance also exceeded estimates, the analyst tells investors in a research note. Strong customer acquisition, rapid new product revenue growth, and expanding margins support continued momentum, even as CEO Matt Oppenheimer transitions to the board and Sebastian Gunningham assumes the CEO role, Goldman argues.
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Valuation Metrics

The current forward P/E ratio for Remitly Global Inc (RELY.O) is 14.73, compared to its 5-year average forward P/E of 29.79. 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
29.79
Current PE
14.73
Overvalued PE
105.97
Undervalued PE
-46.39

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
13.01
Current EV/EBITDA
8.40
Overvalued EV/EBITDA
73.56
Undervalued EV/EBITDA
-47.53

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
3.03
Current PS
1.50
Overvalued PS
4.76
Undervalued PS
1.30

Financials

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Whales Holding RELY

P
Prosus Ventures N.V.
Holding
RELY
-0.68%
3M Return
A
ArrowMark Colorado Holdings, LLC
Holding
RELY
-9.74%
3M Return
B
Brighton Jones LLC
Holding
RELY
-14.39%
3M Return
G
Generation Investment Management LLP
Holding
RELY
-17.84%
3M Return

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Frequently Asked Questions

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

The current price of RELY is 15.76 USD — it has increased 2.87

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 March 31 2026.

What is Remitly Global Inc (RELY) market cap?

Today RELY has the market capitalization of 3.23B USD.