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Remitly Global, Inc. (RELY)
$24.83-1.34 (-5.12%)
Market ClosedLast close Sep 8
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Remitly Global, Inc. in the Technology sector is trading at $24.83 with a market capitalization of $4.2B. Wall Street consensus targets $32.33 (9 analysts), implying a +30.2% move over the next 12 months. The stock is currently near its 52-week high of $27.48, remaining 32.3% above its 200-day moving average. On fundamentals, Piotroski 6/9 shows mixed financial quality, Altman Z in the safe zone. The Whystock Score of 85/100 reflects bullish alignment across trend, valuation and analyst targets.
Ecosystem Influences
Sell-side targets imply +30.2% upside over 12 months
Long-term trend bullish (price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
Quarterly Financials
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | $495.16M↑ | $452.80M↑ | $442.18M↑ | $419.49M↑ | $411.85M |
| Gross Profit | $307.34M↑ | $281.05M↑ | $277.38M↑ | $246.38M↑ | $243.02M |
| Operating Income | $66.68M↑ | $53.74M↑ | $38.81M↑ | $11.78M↓ | $14.64M |
| Net Income | $205.91M↑ | $49.05M↑ | $41.22M↑ | $8.83M↑ | $6.54M |
Peer Comparison
AAPLMSFTGOOGL
Fundamentals
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile appl...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$4.15B
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
41.10
Beta
Defensive asset. Lower volatility than the S&P 500.
0.40
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
11.64%
Volume
Today's trading volume
4.66M
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Remitly (RELY) Stock May Be Overvalued With Little Room For Error
Remitly Global has seen a very strong run this year, yet the stock currently screens as expensive on broad valuation checks, which raises questions about how much optimism is already reflected in the price. The stock is up 102.9% year to date, which suggests expectations for the business are already very optimistic. Remitly Global may see its valuation supported if it can keep scaling its digital remittance platform efficiently, although any pressure on profitability or cash generation could...