Remitly Global, Inc. (RELY)
NASDAQ:RELY
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RELY Stock Chart & Stats
$20.01
-$0.05(-0.22%)
At close: 4:00 PM EST
$20.01
-$0.05(-0.22%)
Day’s Range― - ―
52-Week Range$12.08 - $24.92
Previous CloseN/A
Volume252.20K
Average Volume (3M)5.33M
Market Cap
$4.22B
Enterprise Value$3.61B
Total Cash (Recent Filing)$649.06M
Total Debt (Recent Filing)$39.30M
Price to Earnings (P/E)42.0
Beta1.27
Next Earnings
Aug 05, 2026EPS Estimate
0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.50
Shares Outstanding210,561,080
10 Day Avg. Volume3,664,630
30 Day Avg. Volume5,333,064
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)3.27
Price to Sales (P/S)1.74
P/FCF Ratio9.61
Enterprise Value/Market Cap0.86
Enterprise Value/Revenue2.09
Enterprise Value/Gross Profit3.53
Enterprise Value/Ebitda24.41
Forecast
1Y Price Target
$25.00Price Target Upside24.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)0.63
Revenue Forecast (FY)$1.97B
Bulls Say, Bears Say
Bulls Say
Revenue Scale & Customer GrowthRemitly has achieved durable multi-year top-line scale with rising active customers and send volumes. Persistent revenue and user growth strengthens network effects, expands corridor economics, and underpins investments in product, marketing and international payout partnerships over the medium term.
Profitability & Free Cash Flow GenerationA clear inflection to GAAP profitability and sustained free cash flow provides durable cash generation to fund growth, reduce reliance on external capital, and support strategic initiatives and opportunistic buybacks while improving resilience to cyclical swings in remittance volumes.
Conservative Balance Sheet, Low LeverageVery low leverage and a strong equity base give Remitly lasting financial flexibility to invest in product development, absorb episodic transaction losses, execute M&A or product rollouts, and maintain operations through downturns without materially raising financing risk.
Bears Say
Gross Margin Compression & Narrow Operating MarginsCompressed gross margins and relatively thin operating margins reduce the company’s buffer against higher partner costs, FX volatility or marketing investment needs. Limited margin headroom makes sustaining profitability through slower growth or elevated transaction losses more challenging.
Cash-flow Durability ConcernsWhile recent free cash flow is positive, the prior multi-year negative cash generation and a TTM decline indicate durability is not fully proven. In a downturn or if transaction losses rise, cash conversion could weaken and constrain reinvestment or margin maintenance.
Execution & Regulatory Risk For New InitiativesAmbitious product expansion into regulated cross-border financial services requires sizable compliance, capital and execution capacity. Slow adoption, regulatory hurdles, or higher-than-expected development costs could delay revenue diversification and pressure margins over the medium term.
Remitly Global News
RELY FAQ
What was Remitly Global, Inc.’s price range in the past 12 months?
Remitly Global, Inc. lowest stock price was $12.08 and its highest was $24.92 in the past 12 months.
What is Remitly Global, Inc.’s market cap?
Remitly Global, Inc.’s market cap is $4.22B.
When is Remitly Global, Inc.’s upcoming earnings report date?
Remitly Global, Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 63 days.
How were Remitly Global, Inc.’s earnings last quarter?
Remitly Global, Inc. released its earnings results on May 06, 2026. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.11.
Is Remitly Global, Inc. overvalued?
According to Wall Street analysts Remitly Global, Inc.’s price is currently Undervalued.
Does Remitly Global, Inc. pay dividends?
Remitly Global, Inc. does not currently pay dividends.
What is Remitly Global, Inc.’s EPS estimate?
Remitly Global, Inc.’s EPS estimate is 0.13.
How many shares outstanding does Remitly Global, Inc. have?
Remitly Global, Inc. has 210,561,080 shares outstanding.
What happened to Remitly Global, Inc.’s price movement after its last earnings report?
Remitly Global, Inc. reported an EPS of $0.23 in its last earnings report, beating expectations of $0.12. Following the earnings report the stock price went down -3.961%.
Which hedge fund is a major shareholder of Remitly Global, Inc.?
Currently, no hedge funds are holding shares in RELY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Remitly Global Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$25.00 (24.94% Upside)
$25.00 (24.94% Upside)
Blogger Sentiment
Bullish
RELY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 264.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $193.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 13.1%
Last 30 Days ▲ 13.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.54%
12-Months-Change
Fundamentals
Return on Equity
12.66%
Trailing 12-Months
Asset Growth
25.91%
Trailing 12-Months
Company Description
Remitly Global, Inc.
Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.
RELY Company Deck
RELY Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive momentum: record revenue and adjusted EBITDA, strong volume and customer growth, improving unit economics (RLTE), meaningful free cash flow and GAAP profitability, plus clear early traction in high-value senders and business customers. Management emphasized disciplined cost control, aggressive AI adoption to drive efficiencies, and an active share repurchase program. Notable cautions include workforce reductions, reliance on some temporary tailwinds (tax refunds, remittance tax, geopolitical spikes), nascent contribution from new product categories (receivers, cards, wallets), and variability in transaction losses. On balance, the positives—sizable, recurring financial improvements and clear product/market traction—outweigh the lowlights.View all RELY earnings summariesRELY Revenue Breakdown
66.90% U.S.
21.10% ROW
12.00% Canada
RELY Stock 12 Month Forecast
Average Price Target
$25.00
▲(24.94% Upside)
Technical Analysis
Ownership Overview
13.30% Insiders
17.00% Mutual Funds
30.24% Other Institutional Investors
24.35% Public Companies and
Individual Investors