RemitlyRELY
RELY
About: Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Employees: 2,800
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
174% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 23
108% more call options, than puts
Call options by funds: $23.9M | Put options by funds: $11.5M
20% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 6 (+1) [Q1 2025]
18% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 80
15% more funds holding
Funds holding: 241 [Q4 2024] → 278 (+37) [Q1 2025]
2.42% more ownership
Funds ownership: 81.14% [Q4 2024] → 83.56% (+2.42%) [Q1 2025]
4% less capital invested
Capital invested by funds: $3.63B [Q4 2024] → $3.49B (-$140M) [Q1 2025]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
53%
upside
Avg. target
$27
57%
upside
High target
$27
59%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Barclays Ramsey El-Assal | 59%upside $27 | Overweight Maintained | 12 May 2025 |
Keybanc Alex Markgraff | 59%upside $27 | Overweight Maintained | 8 May 2025 |
Goldman Sachs Will Nance | 53%upside $26 | Buy Maintained | 8 May 2025 |
Financial journalist opinion
Based on 4 articles about RELY published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Remitly to Report Second Quarter Financial Results on August 6, 2025
SEATTLE, July 21, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will report second quarter financial results after the market close on Wednesday, August 6, 2025. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below.
Positive
The Motley Fool
2 weeks ago
2 Stocks I'm Still Holding for the Next Decade
It can be hard to hold huge winning stocks, but that is the best way to beat the stock market through buying individual companies. Just ask Warren Buffett, who sometimes holds a stock for multiple decades.
Positive
Seeking Alpha
3 weeks ago
Remitly Global: Aggressive Revenue Expansion And Improving Profitability Despite Global Economic Slowdown
In 1Q25, RELY generated $361.6 million in revenue, representing a year-on-year growth of 34%. Overall profitability improved with operating and net income margins expanding by 1079 bps and 1097 bps. Despite global economic headwinds, RELY's revenue and customer growth outpace competitors, driven by aggressive diversification and innovative solutions. Due to operational efficiencies, profitability is improving with expanding margins and AI-driven cost reductions, supporting sustained profitability and cash flow growth.
Negative
The Motley Fool
3 weeks ago
Could Buying Remitly Global Stock Today Set You Up for Life?
The stock market keeps soaring, but Remitly Global (RELY 1.31%) has failed to join the party. Shares of the mobile remittance platform have tumbled 33% from highs set earlier this year due to perceived risks over reduced immigration to the U.S., potential taxes on remittances, and the rise of stablecoins for international money transfers.
Positive
The Motley Fool
1 month ago
The Ultimate Growth Stock to Buy With $1,000 Right Now
It is hard to find growth stocks to buy at a reasonable price today. Many of the hottest stocks in the market are soaring to undesirable prices that will disappoint shareholders in the next few years.
Neutral
The Motley Fool
1 month ago
Why Remitly Global Stock Finished Up Almost 6% Today
Shares of Remitly Global (RELY 5.68%) finished higher Tuesday on signs that the "Big, Beautiful Bill" moving through Congress could be less burdensome than initially expected, as one Wall Street analyst pointed out, after Senate revisions to the bill.
Positive
Investors Business Daily
1 month ago
Remitly Stock Jumps As Senate Eases Remittance Tax. But Many Immigrants Still On The Hook.
The U.S. Senate added exceptions to a tax aimed mostly at immigrants who send money to their families.
Positive
Seeking Alpha
1 month ago
Remitly: Growth At A Reasonable Price In The Remittance Business
Remitly is a global fintech specializing in remittances, boasting strong unit economics and effective marketing campaigns to drive active user growth. In Q1, Remitly grew revenue by a stunning 34% and send volume by 41%, demonstrating an accelerated growth continuation in core KPIs, despite being founded fourteen years ago. The stock appears fairly valued relative to its expected earnings growth, supporting a strong buy rating.
Positive
The Motley Fool
2 months ago
2 Millionaire-Maker Technology Stocks Worth Considering
A million dollars.
Positive
Benzinga
2 months ago
BILL, Remitly, Marqeta Win Analyst Support As Fintech Growth Picks Up
Last week, JP Morgan analyst Tien-tsin Huang hosted 17 payments and processing firms at its Global TMC Conference in Boston. Huang had an Overweight rating on BILL Holdings, Inc BILL with a price target of $55 on Monday.
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