Remitly Global Inc [RELY] stock is trading at $19.68, up 1.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RELY shares have gain 7.01% over the last week, with a monthly amount glided 20.51%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Remitly Global Inc [NASDAQ: RELY] stock has seen the most recent analyst activity on May 08, 2025, when Monness Crespi & Hardt reiterated its Buy rating and also boosted its price target to $32 from $30. Previously, Wells Fargo upgraded its rating to Equal Weight on October 31, 2024, and elevated its price target to $18. On February 22, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $28 on the stock. Wells Fargo started tracking the stock assigning a Underweight rating and suggested a price target of $16 on January 17, 2024. BMO Capital Markets initiated its recommendation with a Market Perform and recommended $25 as its price target on December 05, 2023. Wolfe Research downgraded its rating to Peer Perform for this stock on December 01, 2023. In a note dated August 04, 2023, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $28.
Remitly Global Inc [RELY] stock has fluctuated between $12.43 and $27.32 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Remitly Global Inc [NASDAQ: RELY] shares were valued at $19.68 at the most recent close of the market. An investor can expect a potential return of 27.03% based on the average RELY price forecast.
Analyzing the RELY fundamentals
Remitly Global Inc [NASDAQ:RELY] reported sales of 1.46B for the trailing twelve months, which represents a growth of 34.41%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.22 points at the first support level, and at 18.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.93, and for the 2nd resistance point, it is at 20.18.
Ratios To Look Out For
For context, Remitly Global Inc’s Current Ratio is 2.85. In addition, the Quick Ratio stands at 2.85 and the Cash Ratio stands at 1.42. Considering the valuation of this stock, the price to sales ratio is 2.78, the price to book ratio is 5.30 and price to earnings (TTM) ratio is 315.38.
Transactions by insiders
Recent insider trading involved Somalya Saema, CLCAO, that happened on Aug 28 ’25 when 4479.0 shares were sold. Director, Hug Joshua completed a deal on Aug 29 ’25 to sell 40777.0 shares. Meanwhile, Director JOSHUA DAVID HUG bought 40777.0 shares on Aug 29 ’25.
