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Remitly Global Inc (RELY)

NASDAQ
Currency in USD
Disclaimer
13.21
+0.52(+4.10%)
Closed
After Hours
13.20-0.01(-0.08%)
RELY Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
12.5713.35
52 wk Range
11.6027.95
Prev. Close
12.69
Open
12.63
Day's Range
12.57-13.35
52 wk Range
11.6-27.95
Volume
2,727,849
Average Volume (3m)
1,576,474
1-Year Change
-48.14%
Book Value / Share
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Fair Value
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Fair Value Upside
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RELY Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
20.89
Upside
+58.14%
Members' Sentiments
Bearish
Bullish
ProTips
Liquid assets exceed short term obligations
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InvestingPro Research for Remitly Global Inc


Digital Remittance Giant
Explore Remitly's impressive growth in the digital remittance sector, with a 38% year-over-year increase in send volume and expanding market share
Competitive Edge
Delve into Remitly's strategic focus on lower-income customers and digital-first solutions, setting it apart in an increasingly crowded market
Growth Trajectory
Learn about Remitly's ambitious expansion plans, targeting new corridors and aiming for a 20-25% long-term revenue CAGR over the next five years
Analyst Perspectives
Discover varied analyst views on Remitly's potential, with price targets ranging from $16 to $32, reflecting optimism about its profitability and growth

Remitly Global Inc Company Profile

Remitly Global, Inc. provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally. It primarily offers cross-border remittance services through mobile application and website. The company was founded in 2011 and is headquartered in Seattle, Washington.

Compare RELY to Peers and Sector

Metrics to compare
RELY
Peers
Sector
Relationship
P/E Ratio
−24.8x9.3x8.7x
PEG Ratio
−6.280.000.03
Price/Book
4.5x3.4x1.0x
Price / LTM Sales
2.4x2.3x2.7x
Upside (Analyst Target)
65.5%14.1%11.7%
Fair Value Upside
Unlock13.8%2.8%Unlock

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FAQ

What Is the Remitly Global (RELY) Stock Price Today?

The Remitly Global stock price today is 13.21

What Stock Exchange Does Remitly Global Trade On?

Remitly Global is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Remitly Global?

The stock symbol for Remitly Global is "RELY."

What Is the Remitly Global Market Cap?

As of today, Remitly Global market cap is 2.58B.

What is Remitly Global Earnings Per Share?

The Remitly Global EPS is -0.552.

What Is the Next Remitly Global Earnings Date?

Remitly Global will release its next earnings report on Feb 19, 2025.
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