Data gathered: March 18
AI Stock Analysis - Remitly (RELY)
Analysis generated February 23, 2025. Powered by Chat GPT.
Remitly is a digital financial services provider focused on cross-border remittances. Founded in 2011, the company primarily facilitates money transfers, providing a faster, more convenient, and cost-effective service for people sending funds internationally. Remitly operates across numerous corridors and has expanded its service portfolio to accommodate a variety of remittance needs. The company leverages technology to compete in an industry traditionally dominated by legacy financial institutions and wire transfer operators.
Stock Alerts - Remitly (RELY)
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Remitly | March 17 Price is down by -5.6% in the last 24h. |
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Remitly | March 17 App downloads are down by 13.2% in the last couple of days. |
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Remitly | March 16 AI Score is up by 23.7% in the last couple of days. |
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Remitly | March 12 App downloads are down by 11% in the last couple of days. |
Alternative Data for Remitly
About Remitly
Remitly is an online remittance service based in Seattle, United States that offers international money transfers to over 135 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September of 2021.
| Price | $19.71 |
| Target Price | Sign up |
| Volume | 654,700 |
| Market Cap | $3.99B |
| Year Range | $12.52 - $27.14 |
| Dividend Yield | 0% |
| Analyst Rating | 86% buy |
| Industry | Fintech |
In the news
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Charles Schwab Investment Management Inc. Has $28.14 Million Holdings in Remitly Global, Inc. (NASDAQ:RELY)March 18 - ETF Daily News |
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Western Union, Remitly Face Risks From 'Cartel Crackdown,' Short Seller SaysMarch 14 - Biztoc.com |
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Arizona State Retirement System Raises Stock Holdings in Remitly Global, Inc. (NASDAQ:RELY)March 14 - ETF Daily News |
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Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across IndustryMarch 11 - Biztoc.com |
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Remitly Global down 4% at $19.22 after short call by Spruce Point CapitalMarch 11 - Thefly.com |
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Remitly Global, Inc. (NASDAQ:RELY) Receives Consensus Rating of “Moderate Buy” from AnalystsMarch 9 - ETF Daily News |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| Q4 '24 | 352M | 141M | 211M | -5.7M | -1.6M | 0.192 |
| Q3 '24 | 337M | 127M | 209M | 1.9M | 6.2M | 0.107 |
| Q2 '24 | 306M | 124M | 182M | -12M | -6.9M | -0.060 |
| Q1 '24 | 268M | 114M | 154M | -21M | -18M | -0.110 |
| Q4 '23 | 264M | 125M | 139M | -35M | -28M | -0.190 |
Insider Transactions View All
| Hug Joshua filed to sell 3,833,811 shares at $23.7. March 3 '25 |
| Somalya Saema filed to sell 55,586 shares at $23.9. February 27 '25 |
| Somalya Saema filed to sell 68,973 shares at $23.9. February 27 '25 |
| Sharma Pankaj filed to sell 157,556 shares at $24.2. February 26 '25 |
| Oppenheimer Matthew B. filed to sell 4,344,096 shares at $25.5. February 7 '25 |
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Read more about Remitly (RELY) and their ai stock analysis, price prediction, earnings, congress trading, insider transactions, technical analysis, job posts, sentiment, webpage traffic, employee rating, google trends, patents, app downloads, 4chan mentions, facebook engagement, facebook followers, instagram followers, reddit mentions, stocktwits mentions, stocktwits subscribers, threads followers, twitter followers, twitter mentions, youtube subscribers, news mentions, customer reviews, business outlook & linkedin employees.
What is the Market Cap of Remitly?
The Market Cap of Remitly is $3.99B.
What is the current stock price of Remitly?
Currently, the price of one share of Remitly stock is $19.71.
How can I analyze the RELY stock price chart for investment decisions?
The RELY stock price chart above provides a comprehensive visual representation of Remitly's stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Remitly shares. Our platform offers an up-to-date RELY stock price chart, along with technical data analysis and alternative data insights.
Does RELY offer dividends to its shareholders?
As of our latest update, Remitly (RELY) does not offer dividends to its shareholders. Investors interested in Remitly should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.
What are some of the similar stocks of Remitly?
Some of the similar stocks of Remitly are Block, H&R Block, Morningstar, Paypal, and LendingTree.
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