Remitly Global, Inc. (RELY)
NASDAQ: RELY · Real-Time Price · USD
24.49
+0.64 (2.68%)
At close: May 12, 2025, 4:00 PM
24.49
0.00 (0.00%)
After-hours: May 12, 2025, 7:14 PM EDT
Remitly Global Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Remitly Global stock have an average target of 27.4, with a low estimate of 21 and a high estimate of 32. The average target predicts an increase of 11.88% from the current stock price of 24.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Remitly Global stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 5 | 6 | 7 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 8 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $24 → $27 | Buy | Maintains | $24 → $27 | +10.25% | May 12, 2025 |
| Keybanc | Keybanc | Buy Maintains $24 → $27 | Buy | Maintains | $24 → $27 | +10.25% | May 8, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $23 → $26 | Strong Buy | Maintains | $23 → $26 | +6.17% | May 8, 2025 |
| Keybanc | Keybanc | Buy Maintains $33 → $24 | Buy | Maintains | $33 → $24 | -2.00% | Apr 23, 2025 |
| JMP Securities | JMP Securities | Buy Reiterates $32 | Buy | Reiterates | $32 | +30.67% | Apr 10, 2025 |
Financial Forecast
Revenue This Year
1.61B
from 1.26B
Increased by 27.69%
Revenue Next Year
1.95B
from 1.61B
Increased by 20.57%
EPS This Year
0.03
from -0.19
EPS Next Year
0.29
from 0.03
Increased by 890.06%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 1.7B | 2.0B | 2.4B | |
| Avg | 1.6B | 1.9B | 2.3B | |
| Low | 1.5B | 1.8B | 2.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 31.9% | 26.2% | 24.9% | |
| Avg | 27.7% | 20.6% | 16.1% | |
| Low | 21.8% | 12.0% | 5.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 0.09 | 0.45 | 0.87 | |
| Avg | 0.03 | 0.29 | 0.65 | |
| Low | - | 0.14 | 0.28 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | - | 1,449.3% | 202.1% | |
| Avg | - | 890.1% | 126.3% | |
| Low | - | 370.8% | -1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.