Top-Rated StocksTop-RatedNASDAQ:RELY Remitly Global (RELY) Stock Price, News & Analysis $22.24 +0.32 (+1.44%) As of 11:57 AM Eastern This is a fair market value price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Remitly Global Stock (NASDAQ:RELY) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Remitly Global alerts:Sign Up Key Stats Today's Range$21.76▼$22.4450-Day Range$21.93▼$26.9252-Week Range$12.08▼$27.48Volume963,100 shsAverage Volume3.95 million shsMarket Capitalization$4.71 billionP/E Ratio16.01Dividend YieldN/APrice Target$27.78Consensus RatingBuy Company Overview Remitly Global, Inc. is a digital financial services company that provides international money transfer services. Through its mobile application and website, customers can send funds to family and friends in other countries using bank deposits, mobile wallets, cash pickup, and other local delivery options, depending on the destination. The company focuses on serving immigrants and other customers who regularly send money across borders. Remitly emphasizes a digital-first experience with features such as transfer tracking, multiple delivery methods, localized payment options, and customer support. Its services connect sending markets including the United States, Canada, the United Kingdom, Australia, and several European countries with recipients in destinations around the world. Remitly was founded in 2011 by Matt Oppenheimer, Josh Hug, and Shivaas Gulati and is headquartered in Seattle, Washington. Matt Oppenheimer is the company’s co-founder and chief executive officer. Remitly became a publicly traded company on the Nasdaq under the symbol RELY in 2021.AI Generated. May Contain Errors. Read More Remitly Global Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks86th Percentile Overall ScoreRELY MarketRank™: Remitly Global scored higher than 86% of companies evaluated by MarketBeat, and ranked 221st out of 854 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingBuy Consensus RatingRemitly Global has received a consensus rating of Buy. The company's average rating score is 3.08, and is based on 2 strong buy ratings, 10 buy ratings, 1 hold rating, and no sell ratings.Upside PotentialRemitly Global has a consensus price target of $27.78, representing about 26.7% upside from its current price of $21.93.Amount of Analyst CoverageRemitly Global has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Remitly Global's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth12.94% Earnings GrowthEarnings for Remitly Global are expected to grow by 12.94% in the coming year, from $0.85 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Remitly Global is 15.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Remitly Global is 15.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.63.Price to Book Value per Share RatioRemitly Global has a P/B Ratio of 5.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Remitly Global's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted8.57% 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 5.74.Change versus previous monthShort interest in Remitly Global has recently increased by 17.66%, indicating that investor sentiment is decreasing significantly. 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. News and Social Media3.1 / 5News Sentiment0.97 News SentimentRemitly Global has a news sentiment score of 0.97. 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 Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Remitly Global this week, compared to 6 articles on an average week.Search InterestOnly 9 people have searched for RELY on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.MarketBeat Follows10 people have added Remitly Global to their MarketBeat watchlist in the last 30 days. This is an increase of 900% compared to the previous 30 days. Company Ownership1.7 / 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 $12,636,101.00 in company stock.Percentage Held by Insiders6.53% 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. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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(NASDAQ:RELY) PT at $27.78September 11 at 3:45 AM | americanbankingnews.comIran War Shock: What I Was Told In That Private MeetingYou’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially the reasons why we’re bombing the country.September 11 at 1:00 AM | Banyan Hill Publishing (Ad)Remitly Global, Inc. Partners With Etsy, Inc. To Give Sellers More Choice In How They Get Paid GloballySeptember 9 at 5:22 PM | marketscreener.comMRemitly partners with Etsy to give sellers more choice in how they get paid globallySeptember 9 at 9:00 AM | globenewswire.comRemitly Global (NASDAQ:RELY) Director Sells $170,289.00 in StockSeptember 5, 2026 | insidertrades.comNigel Morris Sells 16,751 Shares of Remitly Global (NASDAQ:RELY) StockAugust 27, 2026 | insidertrades.comRemitly Global (NASDAQ:RELY) Director Nigel Morris Sells 3,249 Shares of StockAugust 20, 2026 | insidertrades.comSee More Headlines RELY Stock Analysis - Frequently Asked Questions How have RELY shares performed this year? Remitly Global's stock was trading at $13.80 at the start of the year. Since then, RELY stock has increased by 58.9% and is now trading at $21.93. How were Remitly Global's earnings last quarter? Remitly Global, Inc. (NASDAQ:RELY) released its quarterly earnings results on Wednesday, August, 5th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.81. The company's revenue for the quarter was up 20.2% on a year-over-year basis. Read the conference call transcript. When did Remitly Global IPO? Remitly Global (RELY) raised $487 million in an IPO on Wednesday, September 22nd 2021. The company issued 12,162,777 shares at a price of $38.00-$42.00 per share. Who are Remitly Global's major shareholders? Remitly Global's top institutional shareholders include BlackRock Inc. (8.70%), Generation Investment Management LLP (2.31%), California State Teachers Retirement System (2.19%) and Wellington Management Group LLP (1.34%). Insiders that own company stock include Ltd Naspers, Matthew B Oppenheimer, Joshua Hug, Nigel W Morris, Ankur Sinha, Vikas D Mehta, Pankaj Sharma, Phillip John Riese, Bora Chung, Hemanth Munipalli, Rene Yoakum, Ryno Blignaut 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), Gran Tierra Energy (GTE), Icahn Enterprises (IEP) and Company Calendar Last Earnings8/05/2026Today9/11/2026Next Earnings (Estimated)11/04/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (2m+) 1-Year History Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 RELY's financial health is in the Green zone, according to TradeSmith. RELY has been in this zone for over 2 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Financial Services Sub-IndustryTransaction & Payment Processing Services Current SymbolNASDAQ:RELY Previous SymbolNASDAQ:RELY CIK1782170 Webwww.remitly.com Phone(206) 535-6152FaxN/AEmployees3,200Year Founded2018Price Target and Rating Average Price Target for Remitly Global$27.78 High Price Target$33.00 Low Price Target$18.00 Potential Upside/Downside+24.8%Consensus RatingBuy Rating Score (0-4)3.08 Research Coverage13 Analysts Profitability EPS (Trailing Twelve Months)$1.39 Trailing P/E Ratio16.03 Forward P/E Ratio26.19 P/E GrowthN/ANet Income$67.93 million Net Margins16.85% Pretax Margin9.13% Return on Equity33.33% Return on Assets21.92% Debt Debt-to-Equity RatioN/A Current Ratio3.18 Quick Ratio3.18 Sales & Book Value Annual Sales$1.64 billion Price / Sales2.88 Cash Flow$0.52 per share Price / Cash Flow43.12 Book Value$4.16 per share Price / Book5.35Miscellaneous Outstanding Shares211,680,000Free Float197,861,000Market Cap$4.71 billion OptionableOptionable Beta0.36 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. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.Get This Free Report This page (NASDAQ:RELY) was last updated on 9/11/2026 by MarketBeat.com Staff. From Our PartnersALERT: Drop these 5 stocks before the market opens tomorrow!The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings researc...Weiss Ratings | SponsoredThe $15 Gold Fund That Pays Up to $1,152/MonthGold is hitting record highs, but most investors are leaving income on the table. 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