Remitly Global, Inc. (RELY) Analyst/Investor Day Transcript
We believe Remitly Global (RELY) stock is worthy of consideration: It is growing, generating cash, and offered at a considerable valuation discount. Companies with such profiles can utilize cash to drive further revenue growth, or simply return it to shareholders via dividends or buybacks.
Remitly Global, Inc. ( RELY ) Q3 2025 Earnings Call November 5, 2025 5:00 PM EST Company Participants Matthew Oppenheimer - Co-Founder, CEO, President & Director Vikas Mehta - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Chase & Co, Research Division Gustavo Gala - Monness, Crespi, Hardt & Co., Inc., Research Division Cristopher Kennedy - William Blair & Company L.L.C., Research Division David Scharf - Citizens JMP Securities, LLC, Research Division Zheqian Deng Zachary Gunn - Financial Technology Partners LP Presentation Operator Thank you for standing by, and welcome to Remitly's Third Quarter 2025 Earnings Call.
Remitly Global (RELY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Remitly Global, Inc. (NASDAQ:RELY ) Goldman Sachs Communacopia + Technology Conference 2025 September 10, 2025 12:30 PM EDT Company Participants Vikas Mehta - Chief Financial Officer Matthew Oppenheimer - Co-Founder, CEO, President & Director Conference Call Participants William Nance - Goldman Sachs Group, Inc., Research Division Presentation William Nance Research Analyst All right. We are going to get started.
The mean of analysts' price targets for Remitly Global (RELY) points to a 42.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Remitly stands out in a tough macro environment, delivering strong revenue growth, rising profits, and expanding margins thanks to its digital-first, asset-light model. Q2 results highlight 40% send volume growth, 34% revenue growth, and a swing to profitability, with increased guidance and robust operational execution. Upside looks attractive as earnings power catches up, with a DCF fair value of $19.6, 12-month base case target of $24, and a bull case of $29–30.
Remitly Global, Inc. (RELY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The consensus price target hints at a 43.1% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Remitly Global, Inc. (NASDAQ:RELY ) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants Luv Sodha - Corporate Participant Matthew B. Oppenheimer - Co-Founder, CEO, President & Director Vikas Mehta - Chief Financial Officer Conference Call Participants Alexander Wexler Markgraff - KeyBanc Capital Markets Inc., Research Division Cristopher David Kennedy - William Blair & Company L.L.C.
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.
Remitly Global, Inc. (NASDAQ:RELY ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Stephen Shulstein - Vice President, Investor Relations Matt Oppenheimer - Co-Founder and CEO Vikas Mehta - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Andrew Schmidt - Citi Chris Kennedy - William Blair Will Nance - Goldman Sachs Ramsey El-Assal - Barclays Andrew Bauch - Wells Fargo David Scharf - Citizens Capital Markets Darrin Peller - Wolfe Research Alex Markgraff - KBCM Grace Wong - BMO Capital Markets Zachary Gunn - FT Partners Gus Gala - Monness, Crespi, Hardt & Co. Operator Good day and thank you for standing by. Welcome to Remitly's First Quarter 2025 Earnings Conference Call.