​

Remitly Global (RELY) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

RELY Stock Forecast

Remitly Global (RELY) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $25.00, with a high of $25.00 and a low of $25.00. This represents a 22.61% increase from the last price of $20.39.

$10 $13 $16 $19 $22 $25 High: $25 Avg: $25 Low: $25 Last Closed Price: $20.39

RELY Stock Rating

Remitly Global stock's rating consensus is Buy, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 9 0 9 Strong Sell Sell Hold Buy Strong Buy

RELY Price Target Upside V Benchmarks

TypeNameUpside
StockRemitly Global22.61%
SectorTechnology Stocks 33.74%
IdeaDigital Banking Stocks List25.50%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$24.00
Last Closing Price$20.39$20.39$20.39
Upside/Downside--17.70%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25542--11
Mar, 25542--11
Feb, 25542--11
Jan, 25542--11
Dec, 24542--11
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Rufus HoneBMO Capital$25.00$17.9839.04%22.61%
Jun 17, 2024Rufus HoneBMO Capital$23.00$12.1788.99%12.80%
May 23, 2024Rufus HoneBMO Capital$24.00$13.6775.57%17.70%
Feb 22, 2024Rufus HoneBMO Capital$28.00$20.8734.16%37.32%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Feb 03, 2025BarclaysOverweightOverweighthold
Oct 31, 2024KeyBancOverweightOverweighthold
Oct 31, 2024Wells FargoBuyEqual-Weightupgrade
Sep 18, 2024Wells FargoBuyBuyhold
Sep 18, 2024BMO CapitalOutperformOutperformhold
Aug 20, 2024Wells FargoMarket OutperformMarket Outperformhold
Aug 01, 2024MonnessBuyBuyhold
Jul 29, 2024Wells FargoMarket OutperformMarket Outperformhold
Jul 17, 2024CitigroupBuyBuyhold
Jul 11, 2024Wells FargoBuyBuyhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.24$-0.68$-0.65$-0.19----
Avg Forecast$-0.23$-0.20$0.15$0.51$0.79$1.12$1.55$2.01
High Forecast$-0.23$-0.19$0.15$0.53$0.80$2.25$1.57$2.03
Low Forecast$-0.24$-0.20$0.15$0.47$0.79$0.42$1.53$1.99
Surprise %4.35%240.00%-533.33%-137.25%----

Revenue Forecast

$0 $600M $1B $2B $2B $3B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$458.61M$653.56M$944.28M$1.26B----
Avg Forecast$448.34M$642.94M$940.72M$1.26B$1.56B$1.88B$2.20B$2.52B
High Forecast$451.76M$648.30M$941.85M$1.27B$1.57B$1.88B$2.22B$2.54B
Low Forecast$444.53M$638.71M$939.56M$1.25B$1.55B$1.88B$2.19B$2.50B
Surprise %2.29%1.65%0.38%0.66%----

Net Income Forecast

$-150M $-30M $90M $210M $330M $450M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-38.76M$-114.02M$-117.84M$-36.98M----
Avg Forecast$-42.21M$-35.48M$27.12M$90.53M$143.72M$241.54M$280.41M$363.44M
High Forecast$-41.74M$-35.18M$27.42M$96.31M$145.30M$406.40M$283.49M$367.62M
Low Forecast$-42.63M$-35.87M$26.83M$84.75M$142.15M$76.68M$277.34M$359.64M
Surprise %-8.18%221.34%-534.45%-140.85%----

RELY Forecast FAQ

Is Remitly Global stock a buy?

Remitly Global stock has a consensus rating of Buy, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 9 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Remitly Global is a favorable investment for most analysts.

What is Remitly Global's price target?

Remitly Global's price target, set by 9 Wall Street analysts, averages $25 over the next 12 months. The price target range spans from $25 at the low end to $25 at the high end, suggesting a potential 22.61% change from the previous closing price of $20.39.

How does Remitly Global stock forecast compare to its benchmarks?

Remitly Global's stock forecast shows a 22.61% upside, underperforming the average forecast for the technology stocks sector (33.74%), trailing the Digital Banking Stocks List (25.50%) investment idea.

What is the breakdown of analyst ratings for Remitly Global over the past three months?

  • April 2025: 45.45% Strong Buy, 36.36% Buy, 18.18% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 45.45% Strong Buy, 36.36% Buy, 18.18% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 45.45% Strong Buy, 36.36% Buy, 18.18% Hold, 0% Sell, 0% Strong Sell.

What is Remitly Global’s EPS forecast?

Remitly Global's average annual EPS forecast for its fiscal year ending in December 2025 is $0.79, marking a -515.79% decrease from the reported $-0.19 in 2024. Estimates for the following years are $1.12 in 2026, $1.55 in 2027, and $2.01 in 2028.

What is Remitly Global’s revenue forecast?

Remitly Global's average annual revenue forecast for its fiscal year ending in December 2025 is $1.56B, reflecting a 23.30% increase from the reported $1.26B in 2024. The forecast for 2026 is $1.88B, followed by $2.2B for 2027, and $2.52B for 2028.

What is Remitly Global’s net income forecast?

Remitly Global's net income forecast for the fiscal year ending in December 2025 stands at $143.72M, representing a -488.67% decrease from the reported $-36.978M in 2024. Projections indicate $241.54M in 2026, $280.41M in 2027, and $363.44M in 2028.