Remitly Global is now profitable, with strong revenue growth and expanding customer base, especially among high-value senders and business clients. RELY raised full-year guidance after Q1 2026, projecting $1.96–$1.975 billion revenue and $370–$385 million adjusted EBITDA, reflecting accelerating growth initiatives. Strategic expansion into new customer segments and geographies, plus integrations like WhatsApp and ChatGPT, support a bullish long-term outlook.
The mean of analysts' price targets for Remitly Global (RELY) points to a 28.2% 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 Global, Inc. (RELY) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Cross-border payments app Remitly Business is now generally available to small and medium-sized businesses in Canada.
Watch more: Need to Know With Remitly's Sebastian Gunningham Sending money across borders should be simple by now. We live in a world where you can order groceries from your couch and open a bank account on your phone.
Remitly Global, Inc. (RELY) Q1 2026 Earnings Call Transcript
Remitly Global, Inc. (RELY) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.05 per share a year ago.
After reaching an important support level, Remitly Global, Inc. (RELY) could be a good stock pick from a technical perspective. RELY recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Remitly Global, Inc. (NASDAQ: RELY - Get Free Report) insider Ltd Naspers sold 12,000,000 shares of the company's stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $15.98, for a total value of $191,760,000.00. Following the completion of the transaction, the insider owned 13,441,745 shares of the company's
Remitly is facing a narrative disruption, but is actually the disruptor. It should keep growing its share of the remittance market and is expanding into new product categories.
The consensus price target hints at a 29.2% 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.
The consensus price target hints at a 32.9% 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.