Data gathered: January 22
AI Stock Analysis - Remitly (RELY)
Analysis generated January 21, 2025. Powered by Chat GPT.
Remitly is a leading digital financial services provider that focuses on cross-border remittances. The company leverages technology to simplify the process of money transfers, aiming to make international transactions seamless, secure, and affordable for millions of customers globally. Remitly's mission to "transform the lives of immigrants and their families by providing the most trusted financial services on the planet" is at the core of its operations.
Stock Alerts - Remitly (RELY)
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Remitly | January 9 Over the past few months, there has been a noticeable upward trend in App downloads. |
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Remitly | January 7 Employee Rating is up by 2.7% over the last month. |
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Remitly | January 7 Business Outlook among employees is up by 4.4% over the last month. |
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Remitly | January 6 App downloads are up by 14.1% 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 | $23.14 |
| Target Price | Sign up |
| Volume | 1,980,000 |
| Market Cap | $4.61B |
| Year Range | $11.61 - $23.26 |
| Dividend Yield | 0% |
| Analyst Rating | 86% buy |
| Industry | Fintech |
In the news
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Remitly Global, Inc. (NASDAQ:RELY) Given Consensus Recommendation of “Moderate Buy” by AnalystsJanuary 19 - ETF Daily News |
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Wells Fargo & Company Increases Remitly Global (NASDAQ:RELY) Price Target to $21.00January 19 - ETF Daily News |
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Remitly Global: I Expect Consistent Profitability Going ForwardJanuary 14 - SeekingAlpha |
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Remitly Global price target raised by $3 at JMP Securities, here's whyJanuary 13 - Thefly.com |
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Is Remitly Global, Inc. (RELY) the Best Growth Stock to Buy Now Under $25?January 9 - Yahoo |
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Is Remitly (RELY) a Growth Driven Company?January 7 - Yahoo |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| 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 |
| Q3 '23 | 241M | 115M | 126M | -36M | -34M | -0.200 |
Insider Transactions View All
| Yoakum Rene filed to sell 143,213 shares at $21.7. December 17 '24 |
| Yoakum Rene filed to sell 149,250 shares at $21.3. December 17 '24 |
| Oppenheimer Matthew B. filed to sell 4,402,428 shares at $21.6. December 11 '24 |
| Hug Joshua filed to sell 3,873,811 shares at $20.6. November 27 '24 |
| Sinha Ankur filed to sell 357,071 shares at $20.5. November 27 '24 |
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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 $4.61B.
What is the current stock price of Remitly?
Currently, the price of one share of Remitly stock is $23.14.
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 H&R Block, Morningstar, Paypal, LendingTree, and Ideanomics.
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