Data gathered: February 22
AI Stock Analysis - Remitly (RELY)
Analysis generated January 23, 2025. Powered by Chat GPT.
Remitly Inc. primarily operates as a digital financial services provider that focuses on remittances. The company aims to transform the international money transfer process, making it more efficient and cost-effective for the global migrant community. By leveraging technology, Remitly offers a digital alternative to traditional money transfer systems, positioning itself as a formidable player in the fintech sector.
Stock Alerts - Remitly (RELY)
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Remitly | February 21 Price is down by -5.4% in the last 24h. |
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Remitly | February 20 Over the past few months, there has been a noticeable upward trend in App downloads. |
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Remitly | February 18 Employee Rating is up by 2.7% over the last month. |
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Remitly | February 11 Sentiment is up by 9.3% 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 | $23.86 |
| Target Price | Sign up |
| Volume | 4,670,000 |
| Market Cap | $4.79B |
| Year Range | $11.61 - $27.14 |
| Dividend Yield | 0% |
| Analyst Rating | 86% buy |
| Industry | Fintech |
In the news
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Remitly Global, Inc. (RELY) Q4 2024 Earnings Call TranscriptFebruary 19 - SeekingAlpha |
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Remitly Global, Inc. 2024 Q4 - Results - Earnings Call PresentationFebruary 19 - SeekingAlpha |
Remitly Global : Q4 2024 Earnings PresentationFebruary 19 - Finnhub |
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Remitly Reports Fourth Quarter and Full Year 2024 Results Above OutlookFebruary 19 - Finnhub |
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Remitly Global (RELY) Expected to Announce Quarterly Earnings on WednesdayFebruary 17 - ETF Daily News |
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Remitly Global, Inc. (NASDAQ:RELY) Receives Average Rating of “Moderate Buy” from AnalystsFebruary 13 - 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
| Oppenheimer Matthew B. filed to sell 4,344,096 shares at $25.5. February 7 '25 |
| Oppenheimer Matthew B. filed to sell 4,373,262 shares at $23.2. January 24 '25 |
| 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 |
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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 $4.79B.
What is the current stock price of Remitly?
Currently, the price of one share of Remitly stock is $23.86.
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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