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Why is RELY up 2.59%?
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RELY:NASDAQ
Remitly Global Inc
$24.13
+2.59%
(+0.61) 1D
$24.00
-0.54% (-0.13)
After hours
Closed: Oct 9, 4:00:00 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for RELY...
Open
$23.45
High
$24.20
Low
$23.27
Mkt. cap
5.11B
Avg. vol.
4.01M
Volume
2.02M
P/E ratio
17.37
52-wk high
$27.48
52-wk low
$12.08
EPS
$1.39
Beta
0.39
Shares outstanding
211.68M
No. of employees
3K
Open
$23.45
High
$24.20
Low
$23.27
Mkt. cap
5.11B
Avg. vol.
4.01M
Volume
2.02M
P/E ratio
17.37
52-wk high
$27.48
52-wk low
$12.08
EPS
$1.39
Beta
0.39
Shares outstanding
211.68M
No. of employees
3K
News stories
From web sources and news partners
About Remitly Global Inc
CEO-
Employees3.2K
Founded2011
HeadquartersSeattle, Washington, United States
SectorFinancial services
Websiteremitly.com
Analyst ratings
Based on 9 analysts giving stock ratings to RELY in the past 3 months
Strong buy
Buy
9
Hold
0
Sell
0
12-month forecast
Based on 9 Wall Street analysts offering 12 month price targets for RELY in the last 3 months.
Highest
Current $24.13
$36.00 (+49.19%)
Average
$32.50 (+34.69%)
Lowest
$29.00 (+20.18%)
Analyst
Recommendation
Action
Price target
Projected
Date
Aditya Buddhavarapu
Bank of America Securities
Buy
Reiterated
$29.00
+20.2%
10/09/2026
Gustavo Gala
Monness
Buy
Reiterated
$36.00
+49.2%
09/17/2026
Darrin Peller
Wolfe Research
Buy
Maintained
$32.00
+32.6%
08/25/2026
Christopher Kennedy
William Blair
Buy
Reiterated
-
-
08/10/2026
Ramsey El Assal
Cantor Fitzgerald
Buy
Maintained
$30.00
+24.3%
08/10/2026
Tien Tsin Huang
J.P. Morgan
Buy
Maintained
$35.00
+45%
08/06/2026
David Scharf
Citizens JMP
Buy
Maintained
$32.00
+32.6%
08/06/2026
Alex Markgraff
KeyBanc
Buy
Maintained
$33.00
+36.8%
08/06/2026
Lemar Clarke
Freedom Capital Markets
Buy
Reiterated
$33.00
+36.8%
08/06/2026
Unknown Analyst
Monness
Buy
Reiterated
$33.00
+36.8%
07/29/2026
Unknown Analyst
J.P. Morgan
Buy
Maintained
$30.00
+24.3%
07/10/2026
Will Nance
Goldman Sachs
Buy
Maintained
$30.00
+24.3%
07/09/2026
Unknown Analyst
Freedom Capital Markets
Buy
Initiated
$20.00
-17.1%
04/01/2026
Last report
Aug 5, 2026
Fiscal period
Q2 2026
$1.12 / $0.31
+256.91%beat
Revenue / Est. (USD)
495.16M / 487.21M
+1.63%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
419.49M
442.18M
452.80M
495.16M
Cost of goods sold
173.11M
164.80M
170.11M
187.81M
Cost of revenue
173.11M
164.80M
170.11M
187.81M
Research and development expenses
80.42M
82.14M
76.14M
72.57M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
147.75M
149.55M
135.08M
157.54M
Operating expense
234.61M
238.56M
217.42M
236.42M
Total operating expenses
407.72M
403.36M
387.52M
424.23M
Operating income
11.78M
38.82M
65.28M
70.93M
Other non operating income
-
-
-
-
EBT including unusual items
12.42M
36.15M
52.08M
64.64M
EBT excluding unusual items
12.42M
36.15M
63.61M
68.89M
Income tax expense
3.59M
-5.07M
3.02M
-141.26M
Effective tax rate
28.93%
-14.02%
5.80%
-218.53%
Other operating expenses
-
-
-
-
Net income
8.83M
41.22M
49.05M
205.91M
Net profit margin
2.10%
9.32%
10.83%
41.58%
Earnings per share
0.18
0.39
0.41
1.12
Interest and investment income
2.07M
1.78M
1.65M
1.48M
Interest expense
-2.12M
-2.55M
-2.44M
-3.15M
Net interest expenses
-50.00K
-762.00K
-784.00K
-1.67M
Depreciation and amortization charges
6.43M
6.88M
6.20M
6.31M
EBITDA
15.33M
42.39M
68.03M
73.54M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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