Remitly Global, Inc. (RELY)
| Market Cap | 4.55B |
| Revenue (ttm) | 1.64B |
| Net Income (ttm) | 67.93M |
| Shares Out | 210.65M |
| EPS (ttm) | 0.31 |
| PE Ratio | 69.71 |
| Forward PE | 17.96 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,822,923 |
| Open | 21.33 |
| Previous Close | 21.26 |
| Day's Range | 21.22 - 21.69 |
| 52-Week Range | 12.08 - 24.71 |
| Beta | 0.09 |
| Analysts | Buy |
| Price Target | 22.86 (+5.81%) |
| Earnings Date | May 6, 2026 |
About RELY
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for RELY stock is "Buy." The 12-month stock price target is $22.86, which is an increase of 5.81% from the latest price.
News
Remitly to Report First Quarter Financial Results on May 6, 2026
SEATTLE, April 22, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly” or the “Company”), a trusted provider of financial services that transcend borders, today announced that it w...
Remitly Appoints Technology Veteran Adam Messinger to its Board of Directors
SEATTLE, April 10, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”) today announced the appointment of Adam Messinger to its Board of Directors (the “Board”). With this appoint...
Remitly Global Transcript: Wolfe FinTech Forum
Operating in a vast payments market, the company leverages strong unit economics, rapid product innovation, and AI-driven efficiencies to drive growth and profitability. New products and geographic expansion, combined with a customer-first approach, support sustained market share gains and long-term targets.
Remitly Global Transcript: Citizens JMP Technology Conference 2026
A new CEO with deep tech experience is driving a focus on scaling, AI, and operational efficiency. Strong financial growth, new products, and global expansion are fueling momentum, while stablecoins and AI are seen as key future enablers.
Remitly Announces Upcoming Webinar and Investor Conference Participation
SEATTLE, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that its management team wi...
Remitly CEO Matt Oppenheimer steps down, hands reins of fintech company to former Amazon exec
Veteran tech and finance executive Sebastian Gunningham will replace Oppenheimer as CEO of the Seattle-based company.
Remitly Global Earnings Call Transcript: Q4 2025
Delivered 29% revenue growth and record profitability in 2025, driven by strong execution, high-amount sender momentum, and new product launches. 2026 guidance calls for 19%-20% revenue growth, margin expansion, and increased share repurchases, with AI and product innovation as key levers.
Remitly to Report Fourth Quarter and Full Year 2025 Financial Results on February 18, 2026
SEATTLE , Feb. 06, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that it will report fourth...
Remitly Global Transcript: Investor Day 2025
The company is transforming into a global financial services platform, targeting $3B revenue and $600M Adjusted EBITDA by 2028, driven by new products, geographic expansion, and technology like AI and stablecoins. Membership, business, and wallet offerings are scaling rapidly, with disciplined capital allocation and a focus on profitable growth.
Are Investors Sleeping On RELY's Cash Yield?
We believe Remitly Global (RELY) stock is worthy of consideration: It is growing, generating cash, and offered at a considerable valuation discount. Companies with such profiles can utilize cash to dr...
Remitly to Host Investor Day on December 9, 2025
SEATTLE, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will host i...
Remitly Global Earnings Call Transcript: Q3 2025
Q3 2025 delivered 25% revenue growth and 15% adjusted EBITDA margin, with strong gains in business and high-amount senders, and Flex product adoption. 2026 guidance anticipates high-teens revenue growth, aided by digital remittance tax tailwinds but tempered by immigration headwinds.
Remitly Global Transcript: Goldman Sachs Communicopia + Technology Conference 2025
Strong quarterly growth and profitability were driven by expanding into high-dollar senders and micro-businesses, with new products like Remitly One, Flex, and Wallet deepening customer engagement. Stablecoin and AI initiatives support global expansion and operational efficiency.
Remitly Announces Remitly One, A New All-in-One Financial Membership for Global Life
SEATTLE, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced the launch of Remi...
Remitly Global Transcript: Status Update
Remitly announced the launch of Remitly One, a financial membership offering instant cash advances, a rewards-earning wallet, and a global debit card, all powered by AI and stablecoins. The new platform aims to deepen customer engagement and expand financial access worldwide.
Remitly Global Transcript: Investor Update
Q2 marked a pivotal shift with the launch of Remitly Business, Remitly One, and stablecoin integrations, expanding the addressable market and deepening customer engagement. Early traction in business and membership models, combined with AI and wallet innovations, position the platform for long-term growth.
Remitly Announces Upcoming Investor Webinar and Product Event
SEATTLE, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its managemen...
Remitly Global Transcript: Investor Update
Major product launches, including Remitly Business, Remitly One, and stablecoin-enabled Wallet, mark a strategic inflection point. Strong Q2 results led to raised guidance, while stablecoins are set to enhance efficiency and customer value as regulatory clarity improves.
Remitly Global Earnings Call Transcript: Q2 2025
Q2 2025 delivered 34% revenue growth and strong profitability, driven by product innovation, new business and membership launches, and expansion into stablecoins and AI. Guidance was raised for both revenue and EBITDA, with continued investment in growth and capital flexibility.
Remitly to Report Second Quarter Financial Results on August 6, 2025
SEATTLE, July 21, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will report...
Remitly Global Transcript: Barclays 15th Annual Emerging Payments and FinTech Forum
Strong Q1 results with 34% revenue growth and 16% EBITDA margin highlight business resilience and effective diversification. Customer experience, trust, and technology-driven marketing fuel above-market growth, while geographic and segment expansion support long-term strategy.
BILL, Remitly, Marqeta Win Analyst Support As Fintech Growth Picks Up
Last week, JP Morgan analyst Tien-tsin Huang hosted 17 payments and processing firms at its Global TMC Conference in Boston. Huang had an Overweight rating on BILL Holdings, Inc BILL with a price targ...
Remitly Global Transcript: 53rd Annual JPMorgan Global Technology, Media and Communications Conference
The company is experiencing robust growth, driven by digital adoption, geographic expansion, and high-value transactions, while maintaining strong profitability and a focus on innovation. Strategic investments in technology, alternative payments, and compliance are supporting scale and resilience across economic cycles.
Remitly Announces Upcoming Investor Conference Participation
SEATTLE, May 09, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its management ...
Remitly Global Earnings Call Transcript: Q1 2025
Q1 2025 saw 34% revenue growth and a 16% adjusted EBITDA margin, with strong gains in high-amount senders and global diversification. Guidance for 2025 was raised, with continued investment in product innovation, marketing, and compliance to drive sustainable growth.