Remitly Global, Inc. (RELY)Technology | Software - Infrastructure | Seattle, United States | NasdaqGS
26.55 USD
+0.56
(2.174%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 26.87 +0.32 (1.186%) ⇧ (Aug. 28, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:17 a.m. EDT
Remitly presents a compelling dichotomy: a fundamentally superior business currently trading at a discount, yet lacking the immediate catalyst to trigger a massive short-term pop. The long-term rating is anchored by exceptional fundamentals: a 32% return on equity, robust 20% revenue growth, and a pristine balance sheet with minimal debt. The market has punished the stock recently, driving the price down 45% year-over-year, which creates a significant margin of safety despite the high P/E multiple. However, the short-term outlook is muted. The statistical forecasting model shows virtually no directional bias, and while options flow suggests speculative hope for a breakout, the lack of recent momentum prevents a high-conviction bullish entry. Without a near-term earnings surprise or macro tailwind, the stock is likely to drift sideways before the long-term thesis can fully reprice. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.137853 |
| AutoETS | 0.137853 |
| AutoTheta | 0.137880 |
| MSTL | 0.147521 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 7.34 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.054 |
| Excess Kurtosis | -0.30 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 3.396 |
| Revenue per Share | 8.63 |
| Market Cap | 5,620,211,200 |
| Trailing P/E | 18.70 |
| Forward P/E | 16.44 |
| Beta | 0.34 |
| Profit Margins | 16.86% |
| Website | https://www.remitly.com |
As of Aug. 22, 2026, 5:17 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by heavy open interest in out-of-the-money calls (strikes 30 and 33) and a massive volume spike at the 33 strike. Conversely, put activity is concentrated deep in-the-money (strikes 10-22), suggesting a hedge against a crash rather than a bearish bet on the immediate future. The skew indicates a 'long gamma' environment where traders expect volatility expansion driven by a rally.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.40327692 |
| Address1 | 401 Union Street |
| Address2 | Suite 1000 |
| All Time High | 53.65 |
| All Time Low | 6.66 |
| Ask | 33.01 |
| Ask Size | 2 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.2 - Strong Buy |
| Average Daily Volume10 Day | 3,037,190 |
| Average Daily Volume3 Month | 3,649,169 |
| Average Volume | 3,649,169 |
| Average Volume10Days | 3,037,190 |
| Beta | 0.343 |
| Bid | 19.15 |
| Bid Size | 2 |
| Board Risk | 8 |
| Book Value | 5.324 |
| City | Seattle |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 26.55 |
| Current Ratio | 3.181 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 26.818 |
| Day Low | 25.6 |
| Debt To Equity | 3.396 |
| Display Name | Remitly Global |
| Earnings Call Timestamp End | 1,785,963,600 |
| Earnings Call Timestamp Start | 1,785,963,600 |
| Earnings Growth | 30.0 |
| Earnings Quarterly Growth | 30.504 |
| Earnings Timestamp | 1,785,960,000 |
| Earnings Timestamp End | 1,793,822,400 |
| Earnings Timestamp Start | 1,793,822,400 |
| Ebitda | 199,207,008 |
| Ebitda Margins | 0.110080004 |
| Enterprise To Ebitda | 25.01 |
| Enterprise To Revenue | 2.753 |
| Enterprise Value | 4,982,081,536 |
| Eps Current Year | 1.84936 |
| Eps Forward | 1.61512 |
| Eps Trailing Twelve Months | 1.42 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 23.9367 |
| Fifty Day Average Change | 2.6132984 |
| Fifty Day Average Change Percent | 0.109175384 |
| Fifty Two Week Change Percent | 40.32769 |
| Fifty Two Week High | 27.15 |
| Fifty Two Week High Change | -0.6000004 |
| Fifty Two Week High Change Percent | -0.022099461 |
| Fifty Two Week Low | 12.08 |
| Fifty Two Week Low Change | 14.469999 |
| Fifty Two Week Low Change Percent | 1.1978476 |
| Fifty Two Week Range | 12.08 - 27.15 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,632,403,800,000 |
| Float Shares | 200,109,170 |
| Forward Eps | 1.61512 |
| Forward P E | 16.438406 |
| Free Cashflow | 196,120,992 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 3,200 |
| Fullday Change | 0.564999 |
| Fullday Change Percent | 2.17433 |
| Fullday Price | 26.865 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.61548 |
| Gross Profits | 1,113,799,040 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.05347 |
| Held Percent Institutions | 0.8878 |
| Implied Shares Outstanding | 211,684,054 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Ipo Expected Date | 2,021-09-23 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington. |
| Long Name | Remitly Global, Inc. |
| Market | us_market |
| Market Cap | 5,620,211,200 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_142458416 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 305,006,016 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,500,610,143 |
| Number Of Analyst Opinions | 9 |
| Open | 25.82 |
| Operating Cashflow | 406,121,984 |
| Operating Margins | 0.14324 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Phone | 888 736 4859 |
| Post Market Change | 0.31500053 |
| Post Market Change Percent | 1.1864427 |
| Post Market Price | 26.865 |
| Post Market Time | 1,787,961,438 |
| Previous Close | 25.985 |
| Price Eps Current Year | 14.3563175 |
| Price Hint | 2 |
| Price To Book | 4.986852 |
| Price To Sales Trailing12 Months | 3.1057255 |
| Profit Margins | 0.16855 |
| Quick Ratio | 2.524 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.2 |
| Region | US |
| Regular Market Change | 0.564999 |
| Regular Market Change Percent | 2.17433 |
| Regular Market Day High | 26.818 |
| Regular Market Day Low | 25.6 |
| Regular Market Day Range | 25.6 - 26.818 |
| Regular Market Open | 25.82 |
| Regular Market Previous Close | 25.985 |
| Regular Market Price | 26.55 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 4,103,499 |
| Return On Assets | 0.08542 |
| Return On Equity | 0.32246 |
| Revenue Growth | 0.202 |
| Revenue Per Share | 8.63 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 211,684,054 |
| Shares Percent Shares Out | 0.0681 |
| Shares Short | 14,407,108 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 15,185,770 |
| Short Name | Remitly Global, Inc. |
| Short Percent Of Float | 0.072 |
| Short Ratio | 4.48 |
| Source Interval | 15 |
| State | WA |
| Symbol | RELY |
| Target High Price | 36.0 |
| Target Low Price | 29.0 |
| Target Mean Price | 32.33333 |
| Target Median Price | 32.0 |
| Total Cash | 676,393,984 |
| Total Cash Per Share | 3.195 |
| Total Debt | 38,264,000 |
| Total Revenue | 1,809,629,056 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.42 |
| Trailing P E | 18.697184 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 18.361574 |
| Two Hundred Day Average Change | 8.188425 |
| Two Hundred Day Average Change Percent | 0.4459544 |
| Type Disp | Equity |
| Volume | 4,103,499 |
| Website | https://www.remitly.com |
| Zip | 98,101 |