Trending NewsTrending NewsNASDAQ:RELY Remitly Global (RELY) Stock Price, News & Analysis $19.00 +0.05 (+0.26%) Closing price 08/8/2025 04:00 PM EasternExtended Trading$19.10 +0.10 (+0.52%) As of 08/8/2025 07:59 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Remitly Global Stock (NASDAQ:RELY) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Remitly Global alerts:Sign Up Key Stats Today's Range$18.84▼$19.7550-Day Range$15.79▼$21.5552-Week Range$12.43▼$27.32Volume7.52 million shsAverage Volume4.83 million shsMarket Capitalization$3.92 billionP/E Ratio316.72Dividend YieldN/APrice Target$29.00Consensus RatingModerate Buy Company Overview 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. Read More Remitly Global Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks52nd Percentile Overall ScoreRELY MarketRank™: Remitly Global scored higher than 52% of companies evaluated by MarketBeat, and ranked 165th out of 306 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingRemitly Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageRemitly Global has only been the subject of 2 research reports in the past 90 days.Read more about Remitly Global's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Remitly Global are expected to grow in the coming year, from ($0.04) to $0.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Remitly Global is 316.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 27.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Remitly Global is 316.72, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.01.Price to Book Value per Share RatioRemitly Global has a P/B Ratio of 5.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted8.14% of the float of Remitly Global has been sold short.Short Interest Ratio / Days to CoverRemitly Global has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Remitly Global has recently decreased by 4.58%, indicating that investor sentiment is improving. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldRemitly Global does not currently pay a dividend.Dividend GrowthRemitly Global does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted8.14% of the float of Remitly Global has been sold short.Short Interest Ratio / Days to CoverRemitly Global has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Remitly Global has recently decreased by 4.58%, indicating that investor sentiment is improving. News and Social Media2.4 / 5News Sentiment0.40 News SentimentRemitly Global has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Remitly Global this week, compared to 6 articles on an average week.Search Interest7 people have searched for RELY on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Remitly Global to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Remitly Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $275,390,023.00 in company stock.Percentage Held by InsidersOnly 7.50% of the stock of Remitly Global is held by insiders.Percentage Held by Institutions74.25% of the stock of Remitly Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Remitly Global's insider trading history. Receive RELY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Remitly Global and its competitors with MarketBeat's FREE daily newsletter. Email Address RELY Stock News HeadlinesRemitly Global, Inc. (NASDAQ:RELY) CEO Sells $251,994.24 in StockJuly 18, 2025 | insidertrades.comRemitly Global Sees Unusually High Options Volume (NASDAQ:RELY)1 hour ago | americanbankingnews.comHe Called Nvidia at $1.10. Now, He Says THIS Stock Will…The original Magnificent Seven returned 16,894%—turning $7K into $1.18 million. Now, the man who called Nvidia at $1.10 reveals AI’s Next Magnificent Seven… including one stock he says could become America’s next trillion-dollar giant. | The Oxford Club (Ad)Remitly (RELY) on 5-Day Winning Streak on Q2 BlowoutAugust 8 at 1:07 PM | insidermonkey.comRemitly Announces Upcoming Webinar and Investor Conference ParticipationAugust 8 at 9:00 AM | globenewswire.comRemitly Global, Inc. (NASDAQ:RELY) Receives $28.88 Consensus PT from BrokeragesAugust 7 at 3:23 AM | americanbankingnews.comRemitly Global, Inc. (RELY) Q2 2025 Earnings Call TranscriptAugust 6 at 12:01 AM | seekingalpha.comRemitly (NASDAQ:RELY) Reports Upbeat Q2, Full-Year Outlook Exceeds ExpectationsAugust 6 at 8:56 PM | msn.comSee More Headlines RELY Stock Analysis - Frequently Asked Questions How have RELY shares performed this year? Remitly Global's stock was trading at $22.57 on January 1st, 2025. Since then, RELY shares have decreased by 15.8% and is now trading at $19.00. How were Remitly Global's earnings last quarter? Remitly Global, Inc. (NASDAQ:RELY) released its quarterly earnings data on Wednesday, August, 6th. The financial services provider reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.14. Remitly Global's quarterly revenue was up 34.4% on a year-over-year basis. Read the conference call transcript. When did Remitly Global IPO? Remitly Global (RELY) raised $487 million in an initial public offering (IPO) on Thursday, September 23rd 2021. The company issued 12,162,777 shares at $38.00-$42.00 per share. Who are Remitly Global's major shareholders? Remitly Global's top institutional shareholders include Geode Capital Management LLC (1.84%), Connor Clark & Lunn Investment Management Ltd. (0.50%), Bank of New York Mellon Corp (0.38%) and Summit Creek Advisors LLC (0.35%). Insiders that own company stock include Ltd Naspers, Matthew B Oppenheimer, Joshua Hug, Nigel W Morris, Ankur Sinha, Pankaj Sharma, Hemanth Munipalli, Bora Chung, Phillip John Riese, Rene Yoakum and Luke Tavis. View institutional ownership trends. How do I buy shares of Remitly Global? Shares of RELY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Remitly Global own? Based on aggregate information from My MarketBeat watchlists, some other companies that Remitly Global investors own include Bank of America (BAC), Cenveo (CVO), Gran Tierra Energy (GTE), OncoSec Medical (ONCS), Ascent Solar Technologies (ASTI), Icahn Enterprises (IEP) and Synergy Pharmaceuticals (SGYP). Company Calendar Last Earnings8/06/2025Today8/08/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Financial Transaction Services Sub-IndustryBusiness Services Current SymbolNASDAQ:RELY Previous SymbolNASDAQ:RELY CIK1782170 Webrealindustryinc.com Phone+1-805-4351255FaxN/AEmployees2,800Year FoundedN/APrice Target and Rating Average Price Target for Remitly Global$29.00 High Price Target$32.00 Low Price Target$25.00 Potential Upside/Downside+52.6%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Trailing Twelve Months)$0.06 Trailing P/E Ratio316.72 Forward P/E RatioN/A P/E GrowthN/ANet Income-$36.98 million Net Margins0.96% Pretax Margin0.35% Return on Equity2.39% Return on Assets1.56% Debt Debt-to-Equity RatioN/A Current Ratio2.78 Quick Ratio2.78 Sales & Book Value Annual Sales$1.46 billion Price / Sales2.65 Cash FlowN/A Price / Cash FlowN/A Book Value$3.36 per share Price / Book5.65Miscellaneous Outstanding Shares203,859,000Free Float188,570,000Market Cap$3.87 billion OptionableOptionable Beta0.12 Social Links 7 Energy Stocks to Buy and Hold ForeverWith the proliferation of data centers and electric vehicles, the electric grid will only get more strained. 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