Remitly Global, Inc. (RELY)

Market Cap	4.97B
Revenue (ttm)	1.36B
Net Income (ttm)	-4.55M
Shares Out	203.86M
EPS (ttm)	-0.03
PE Ratio	n/a
Forward PE	27.68
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,976,781
Open	24.45
Previous Close	23.85
Day's Range	24.16 - 24.69
52-Week Range	11.60 - 27.32
Beta	0.16
Analysts	Buy
Price Target	27.60 (+13.3%)
Earnings Date	May 7, 2025

About RELY

Remitly Global, Inc. 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.

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Sep 23, 2021
• Employees: 2,800
• Stock Exchange: NASDAQ
• Ticker Symbol: RELY
• Website: https://www.remitly.com/us/en

Financial Performance

In 2024, Remitly Global's revenue was $1.26 billion, an increase of 33.85% compared to the previous year's $944.29 million. Losses were -$36.98 million, -68.62% less than in 2023.

Analyst Forecast

According to 10 analysts, the average rating for RELY stock is "Buy." The 12-month stock price forecast is $27.6, which is an increase of 13.30% from the latest price.

Price Target

$27.6

(13.30% upside)

Analyst Consensus: Buy