RELY Stock Forecast 2025-2026
Distance to RELY Price Targets
RELY Price Momentum
10 Quality Stocks Worth Considering Now
Researching Remitly (RELY) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
Get our FREE market selloff report + exclusive analysis on RELY and similar high-potential opportunities.
Latest RELY Stock Price Targets & Analyst Predictions
Based on our analysis of 13 Wall Street analysts, RELY has a bullish consensus with a median price target of $30.00 (ranging from $23.00 to $33.00). The overall analyst rating is Strong Buy (8.4/10). Currently trading at $19.93, the median forecast implies a 50.5% upside. This outlook is supported by 9 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Will Nance at Goldman Sachs, projecting a 65.6% upside. Conversely, the most conservative target is provided by Ramsey El-Assal at Barclays, suggesting a 15.4% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
RELY Analyst Ratings
RELY Price Target Range
Latest RELY Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for RELY.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 10, 2025 | JMP Securities | David Scharf | Market Outperform | Reiterates | $32.00 |
| Apr 2, 2025 | Goldman Sachs | Will Nance | Buy | Maintains | $26.00 |
| Feb 24, 2025 | Barclays | Ramsey El-Assal | Overweight | Maintains | $29.00 |
| Feb 20, 2025 | JP Morgan | Tien-Tsin Huang | Overweight | Maintains | $30.00 |
| Feb 20, 2025 | Wells Fargo | Andrew Bauch | Equal-Weight | Maintains | $25.00 |
| Feb 20, 2025 | Goldman Sachs | Will Nance | Buy | Maintains | $33.00 |
| Feb 20, 2025 | BMO Capital | Rufus Hone | Outperform | Maintains | $32.00 |
| Feb 3, 2025 | Barclays | Ramsey El-Assal | Overweight | Maintains | $28.00 |
| Jan 16, 2025 | Wells Fargo | Andrew Bauch | Equal-Weight | Maintains | $21.00 |
| Nov 18, 2024 | Barclays | Ramsey El-Assal | Overweight | Maintains | $23.00 |
| Nov 4, 2024 | Barclays | Ramsey El-Assal | Overweight | Maintains | $20.00 |
| Oct 31, 2024 | Wells Fargo | Andrew Bauch | Equal-Weight | Upgrade | $18.00 |
| Oct 31, 2024 | Keybanc | Josh Beck | Overweight | Maintains | $21.00 |
| Oct 31, 2024 | JMP Securities | David Scharf | Market Outperform | Maintains | $25.00 |
| Sep 18, 2024 | BMO Capital | Rufus Hone | Outperform | Maintains | $24.00 |
| Aug 20, 2024 | JP Morgan | Tien-Tsin Huang | Overweight | Maintains | $21.00 |
| Aug 1, 2024 | Monness, Crespi, Hardt | Gus Gala | Buy | Maintains | $30.00 |
| Jul 31, 2024 | Wells Fargo | Andrew Bauch | Underweight | Maintains | $13.00 |
| Jul 29, 2024 | JMP Securities | David Scharf | Market Outperform | Reiterates | $22.00 |
| Jul 11, 2024 | Goldman Sachs | Will Nance | Buy | Maintains | $20.00 |
Remitly Global Inc. (RELY) Competitors
The following stocks are similar to Remitly based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Remitly Global Inc. (RELY) Financial Data
Remitly Global Inc. has a market capitalization of $4.00B with a P/E ratio of 0.0x. The company generates $1.26B in trailing twelve-month revenue with a -2.9% profit margin.
Revenue growth is +32.9% quarter-over-quarter, while maintaining an operating margin of -1.1% and return on equity of -6.2%.
Valuation Metrics
Growth & Margins
Financial Health
Get All 10 Quality Stocks For This Market Selloff
Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.
Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.
Remitly Global Inc. (RELY) Business Model
About Remitly Global Inc.
Facilitates cross-border money transfers digitally.
Remitly generates revenue by charging low fees for its money transfer services and offering competitive exchange rates to customers. The platform targets migrants who send money to their families in developing countries, making it easier, faster, and more affordable to transfer funds internationally.
Remitly plays a vital role in promoting financial inclusion, providing essential services to underserved communities. By operating in the fintech space, it is contributing to the transformation of traditional banking practices and driving innovation in the global remittance industry.
Company Information
Sector
Technology
Industry
Software - Infrastructure
Employees
2,800
CEO
Mr. Matthew B. Oppenheimer
Country
United States
IPO Year
2021
Website
www.remitly.com/us/enRemitly Global Inc. (RELY) Latest News & Analysis
2 Top Bargain Stocks Ready for a Bull Run
2 days agoSuccessful investing may involve contrarian thinking, advocating for calm and long-term focus during market downturns when stocks are falling and panic prevails.
Contrarian thinking can lead to opportunities during market downturns, potentially enabling investors to buy undervalued assets and enhance long-term returns.
Remitly reports significant revenue growth and active customer increase, with 80% growth since 2020. Strong execution amid competition suggests a promising investment outlook despite potential risks.
Remitly's growth in revenue and customers, along with effective AI use and international expansion, signals strong potential returns, despite competitive and regulatory challenges.
Remitly Global (RELY) is technically oversold, suggesting reduced selling pressure. Analysts are revising earnings estimates upward, indicating a potential trend reversal.
Remitly Global’s oversold status suggests reduced selling pressure, while upgraded earnings estimates from analysts indicate a potential upward price movement.
Bear markets can arise suddenly, with stock markets dropping 20% from highs in a short period. Investors should be prepared for rapid market fluctuations.
Rapid market shifts can significantly impact portfolio values, highlighting the need for risk management and diversification strategies to mitigate potential losses.
Spruce Point Capital Management has initiated a short position on Remitly Global Inc (RELY), citing concerns over the company's financial reporting and valuation.
Spruce Point's short position signals potential concerns over Remitly's financial health, possibly leading to stock volatility and influencing investor sentiment.
Remitly Global (RELY) Loses -21.87% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
1 month agoRemitly Global (RELY) is in oversold territory, suggesting potential reversal after heavy selling. Wall Street analysts are raising earnings estimates, indicating positive sentiment.
Remitly Global (RELY) being oversold suggests potential for price recovery, while raised earnings estimates from analysts indicate improved future performance, attracting investor interest.
Frequently Asked Questions About RELY Stock
What is Remitly Global Inc.'s (RELY) stock forecast for 2025?
Based on our analysis of 13 Wall Street analysts, Remitly Global Inc. (RELY) has a median price target of $30.00. The highest price target is $33.00 and the lowest is $23.00.
Is RELY stock a good investment in 2025?
According to current analyst ratings, RELY has 9 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $19.93. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for RELY stock?
Wall Street analysts predict RELY stock could reach $30.00 in the next 12 months. This represents a 50.5% increase from the current price of $19.93. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Remitly Global Inc.'s business model?
Remitly generates revenue by charging low fees for its money transfer services and offering competitive exchange rates to customers. The platform targets migrants who send money to their families in developing countries, making it easier, faster, and more affordable to transfer funds internationally.
What is the highest forecasted price for RELY Remitly Global Inc.?
The highest price target for RELY is $33.00 from Will Nance at Goldman Sachs, which represents a 65.6% increase from the current price of $19.93.
What is the lowest forecasted price for RELY Remitly Global Inc.?
The lowest price target for RELY is $23.00 from Ramsey El-Assal at Barclays, which represents a 15.4% increase from the current price of $19.93.
What is the overall RELY consensus from analysts for Remitly Global Inc.?
The overall analyst consensus for RELY is bullish. Out of 13 Wall Street analysts, 9 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $30.00.
How accurate are RELY stock price projections?
Stock price projections, including those for Remitly Global Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.