RELY 📈 Remitly Global - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US75960P1049
RELY: Cross-Border, Money, Transfers, Payments, Remittances, Services
Remitly Global, Inc. provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally. It primarily offers cross-border remittance services through mobile application and website. The company was founded in 2011 and is headquartered in Seattle, Washington. Web URL: https://www.remitly.com/us/en
Additional Sources for RELY Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
RELY Stock Overview
| Market Cap in USD | 4,179m |
| Sector | Technology |
| Industry | Software - Infrastructure |
| GiC Sub-Industry | Transaction & Payment Processing Services |
| IPO / Inception | 2021-09-23 |
RELY Stock Ratings
| Growth 5y | -43.4% |
| Fundamental | -3.23% |
| Dividend | - |
| Rel. Strength Industry | -43.6 |
| Analysts | 4.18/5 |
| Fair Price Momentum | 19.77 USD |
| Fair Price DCF | 12.88 USD |
RELY Dividends
No Dividends PaidRELY Growth Ratios
| Growth Correlation 3m | 96.4% |
| Growth Correlation 12m | -14.3% |
| Growth Correlation 5y | 25.9% |
| CAGR 5y | -20.88% |
| CAGR/Mean DD 5y | -0.33 |
| Sharpe Ratio 12m | 0.52 |
| Alpha | -3.82 |
| Beta | 0.87 |
| Volatility | 39.26% |
| Current Volume | 3200.6k |
| Average Volume 20d | 1573.2k |
What is the price of RELY stocks?
As of December 21, 2024, the stock is trading at USD 22.61 with a total of 3,200,568 shares traded.
Over the past week, the price has changed by +1.17%, over one month by +8.21%, over three months by +51.65% and over the past year by +16.18%.
As of December 21, 2024, the stock is trading at USD 22.61 with a total of 3,200,568 shares traded.
Over the past week, the price has changed by +1.17%, over one month by +8.21%, over three months by +51.65% and over the past year by +16.18%.
Is Remitly Global a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Remitly Global is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -3.23 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RELY as of December 2024 is 19.77. This means that RELY is currently overvalued and has a potential downside of -12.56%.
Neither. Based on ValueRay Fundamental Analyses, Remitly Global is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -3.23 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RELY as of December 2024 is 19.77. This means that RELY is currently overvalued and has a potential downside of -12.56%.
Is RELY a buy, sell or hold?
Remitly Global has received a consensus analysts rating of 4.18. Therefor, it is recommend to buy RELY.
Remitly Global has received a consensus analysts rating of 4.18. Therefor, it is recommend to buy RELY.
- Strong Buy: 4
- Buy: 5
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecast for RELY stock price target?
According to ValueRays Forecast Model, RELY Remitly Global will be worth about 21.9 in December 2025. The stock is currently trading at 22.61. This means that the stock has a potential downside of -3.27%.
According to ValueRays Forecast Model, RELY Remitly Global will be worth about 21.9 in December 2025. The stock is currently trading at 22.61. This means that the stock has a potential downside of -3.27%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 23.8 | 5.2% |
| Analysts Target Price | 31.4 | 39% |
| ValueRay Target Price | 21.9 | -3.3% |