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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
24.810
Open
24.260
VWAP
24.34
Vol
2.42M
Mkt Cap
5.08B
Low
24.080
Amount
58.84M
EV/EBITDA(TTM)
26.75
Total Shares
210.56M
EV
4.46B
EV/OCF(TTM)
16.26
P/S(TTM)
3.05
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

Yahoo Finance
6.0
07-04Yahoo Finance
Remitly Global Inc. Rated Overweight Amid Digital Payments Surge
  • Digital Payment Surge: Remitly Global Inc. (NASDAQ:RELY) is recognized as one of the best fintech stocks to buy due to a surge in digital payments, indicating strong market performance and growth potential.
  • Rating and Price Target: Cantor Fitzgerald has restated its Overweight rating and $28 price target for Remitly, suggesting that the company's core remittance operations are creating additional growth opportunities, which boosts investor confidence.
  • Improved Profitability: According to Cantor's assessment, Remitly's core operations continue to generate significant revenue growth, free cash flow, and improved GAAP profitability, providing the company with more time and resources to expand its product offerings.
  • Optimistic Market Outlook: Citizens has also maintained its Market Outperform rating and $26 price target for Remitly, indicating that despite the loss of an early-stage investor, the company's long-term prospects in the digital remittance market remain positive.
Fool
6.5
06-30Fool
Investment Choices: Mastercard vs. Remitly
  • Mastercard Financial Performance: In FY 2025, Mastercard's revenue reached nearly $32.8 billion, reflecting a year-over-year increase of approximately 16.4%, with net income close to $15 billion, showcasing its strong profitability and stability in the global payments market.
  • Remitly Growth Potential: Remitly's revenue exceeded $1.6 billion in FY 2025, representing about 29% growth, with net income nearing $67.9 million, indicating rapid expansion and significant improvement in profitability within the international remittance sector.
  • Risks and Challenges: Mastercard faces significant litigation over interchange fees and intense competition from Visa and American Express, while Remitly must navigate geographic concentration risks and compliance challenges, which could impact their future market performance.
  • Future Outlook: Mastercard's revenue is expected to grow to $37.1 billion in 2026, with net income rising 14% to $17.1 billion, while Remitly's revenue is projected to increase by 20% to $1.97 billion, with net income doubling to $142 million, highlighting growth potential for both companies in their respective markets.
NASDAQ.COM
8.5
06-29NASDAQ.COM
Rapid Growth in Digital Payments Market
  • Market Growth Potential: The rapid shift towards digital payments, driven by convenience and security, is expected to lead to significant long-term growth in the mobile payments market, particularly as higher internet penetration and smartphone usage facilitate widespread adoption of digital payments.
  • Visa Financial Performance: Visa's fiscal second-quarter results indicate broad momentum across consumer payments, commercial, and money movement solutions, with management guiding for low-teens revenue growth for fiscal 2026, underscoring its central role in global digital payments.
  • Paymentus Business Growth: Paymentus Holdings is projected to achieve a 19.9% revenue growth and a 19.7% earnings growth for the current year, reflecting strong performance in electronic bill presentment and payment services through its cloud-based technology platform.
  • Remitly Global Expansion: Remitly Global anticipates a 20.4% revenue growth and over 100% earnings growth for the current year, indicating robust demand in cross-border payments and digital financial services, particularly within the immigrant market.
Fool
8.5
06-26Fool
Investment Comparison: Remitly vs. Visa
  • Remitly's Growth Potential: Remitly Global's FY 2025 revenue exceeded $1.6 billion, representing approximately 29% growth, achieving a net income of nearly $67.9 million with a net margin of about 4.2%, indicating significant improvement in profitability and competitiveness in the international remittance market.
  • Visa's Market Dominance: Visa reported $40 billion in revenue for FY 2025, an 11% increase, with a net income of nearly $20.1 billion and a net margin of 50.1%, reflecting its strong profitability and influence in the global payment network.
  • Risk and Competition Analysis: Remitly faces intense competition from traditional banks and digital payment providers, with its operations highly dependent on compliance and third-party processors, where any failure could disrupt services; Visa, on the other hand, deals with pressures from real-time payment networks and ongoing litigation that could impact its business model.
  • Valuation Comparison: Although Visa trades at a lower earnings multiple than Remitly, the latter offers a significantly lower valuation based on sales, with Remitly's forward P/E at 31.8x compared to Visa's 25.3x, highlighting differences in market positioning and investment appeal.
NASDAQ.COM
8.5
06-26NASDAQ.COM
Investment Comparison: Remitly vs. Visa
  • Market Size and Growth: Remitly Global is rapidly growing in the $800 billion global remittance market, with FY 2025 revenue exceeding $1.6 billion, reflecting a 29% year-over-year increase, indicating strong demand and market potential within immigrant communities.
  • Profitability Improvement: Remitly achieved a net income of nearly $67.9 million, resulting in a net margin of approximately 4.2%, marking a significant shift towards profitability after years of net losses, which enhances investor confidence.
  • Visa's Market Dominance: Visa reported FY 2025 revenue of $40 billion and a net income of nearly $20.1 billion, with a net margin of 50.1%, showcasing its strong profitability and control in the global payment network.
  • Competition and Risks: Remitly faces intense competition from traditional banks and digital payment providers, along with compliance risks and cybersecurity threats, while Visa deals with regulatory pressures regarding transaction fees and ongoing litigation risks.
Fool
8.5
06-17Fool
Investment Choices in Digital Payments Sector
  • Mastercard's Market Position: Operating in over 200 countries, Mastercard processed transactions generating nearly $32.8 billion in revenue for FY 2025, reflecting a growth rate of approximately 16.4% and a net income of around $15 billion, underscoring its strong profitability and leadership in the digital payments sector.
  • Remitly's Growth Potential: Focusing on the international remittance market, Remitly achieved approximately $1.6 billion in revenue for FY 2025, marking a 29.4% increase and a first-time net income of about $67.9 million, with a net margin of 4.2%, indicating its competitive edge in the rapidly expanding digital remittance space.
  • Regulatory and Risk Challenges: Both companies face regulatory pressures, including potential caps on interchange fees and data localization mandates, with Mastercard's robust network effect providing relative safety in competition, while Remitly relies on global money transfer licenses and must navigate complex anti-money laundering laws.
  • Valuation Comparison: Mastercard's price-to-sales ratio stands at 13.5x, while Remitly's forward P/E is at 31.8x, highlighting significant differences in market valuations, prompting investors to consider their risk tolerance and return expectations when making investment decisions.
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
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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
13.17
Current EV/EBITDA
10.94
Overvalued EV/EBITDA
70.44
Undervalued EV/EBITDA
-44.10

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
2.88
Current PS
2.13
Overvalued PS
4.58
Undervalued PS
1.18

Financials

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Whales Holding RELY

A
ArrowMark Colorado Holdings, LLC
Holding
RELY
+10.49%
3M Return
L
Lakewood Capital Management, LP
Holding
RELY
+8.89%
3M Return
B
Brighton Jones LLC
Holding
RELY
+7.34%
3M Return
G
Generation Investment Management LLP
Holding
RELY
+4.57%
3M Return

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Frequently Asked Questions

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

The current price of RELY is 24.13 USD — it has decreased -0.41

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 July 08 2026.

What is Remitly Global Inc (RELY) market cap?

Today RELY has the market capitalization of 5.08B USD.