Remitly Global, Inc.

Remitly Global, Inc. Stock Forecast & Price Prediction

Live Remitly Global, Inc. Stock (RELY) Price
$18.38

5

Ratings

  • Buy 3
  • Hold 1
  • Sell 1
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$18.38

P/E Ratio

P/E Ratio not available for RELY

Volume Traded Today

$893,100

Dividend

Dividends not available for RELY

52 Week High/low

27.95/11.25

Remitly Global, Inc. Market Cap

$3.40B

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RELY Summary

Based on ratings from 5 stock analysts, the Remitly Global, Inc. stock price is expected to increase by 34.93% in 12 months. This is calculated by using the average 12-month stock price forecast for Remitly Global, Inc.. The lowest target is $16.00 and the highest is $32.00. Please note analyst price targets are not guaranteed and could be missed completely.

RELY Analyst Ratings

RELY is a stock in Technology which has been forecasted to be worth $24.80 as an average. On the higher end, the forecast price is $32.00 USD by david scharf from JMP Securities and on the lower end RELY is forecasted to be $16.00 by andrew bauch from Wells Fargo.

RELY stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

andrew schmitt
Citi

Buy

$30.0

maintained

Jan 24, 2024
ramsey el assal
Barclays

Buy

$21.0

maintained

Jan 22, 2024
andrew bauch
Wells Fargo

Sell

$16.0

initiatedcoverage

Jan 16, 2024
rufus hone
BMO Capital

Hold

$25.0

rated

Dec 8, 2023
darrin peller
Wolfe Research

Hold

None

downgraded

Dec 1, 2023
david scharf
JMP Securities

Buy

$32.0

maintained

Nov 30, 2023
alex markgraff
KeyBanc

Buy

None

maintained

Nov 2, 2023
will nance
Goldman Sachs

Buy

$29.0

reiterated

Nov 1, 2023
tien tsin huang
J.P. Morgan

Buy

$34.0

maintained

Aug 22, 2023
josh beck
KeyBanc

Buy

$21.0

maintained

Apr 19, 2023
jason goldberg
Barclays

Buy

$20.0

rated

Apr 14, 2023
raimo lenschow
Barclays

Buy

$15.0

maintained

Jan 29, 2023
robert napoli
William Blair

Buy

None

reiterated

Nov 3, 2022

RELY Company Information

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.

RELY
Remitly Global, Inc. (RELY)

When did it IPO

2021

Staff Count

2,700

Country

United States

Sector/Industry

Technology/Software - Infrastructure

CEO

Mr. Matthew B. Oppenheimer

Market Cap

$3.40B

Remitly Global, Inc.(RELY) Financial Data

In 2023, RELY generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that RELY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $870.6M
  • Operating Margin TTM -0.14%
  • Gross profit TTM $326.6M
  • Return on assets TTM -0.08%
  • Return on equity TTM -0.21%
  • Profit margin -0.117410004%
  • Book value 2.84%
  • Market capitalisation $3.40B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year -0.57
  • EPS next year N/A

Remitly Global, Inc.(RELY) Latest News

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RELY Frequently asked questions

The highest forecasted price for RELY is $32.00 from david scharf at JMP Securities.

The lowest forecasted price for RELY is $16.00 from andrew bauch from Wells Fargo

The RELY analyst ratings consensus are 3 buy ratings, 1 hold ratings, and 1 sell ratings.