Remitly Global, Inc. (RELY)Technology | Software - Infrastructure | Seattle, United States | NasdaqGS
23.68 USD
-0.09
(-0.379%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 23.68 |
Hot Take ↕ | July 11, 2026, 2:59 a.m. EDT
Remitly presents a compelling dichotomy: a fundamentally improving business trading at a discount to its growth potential, yet weighed down by a volatile recent price history. The long-term outlook is solid; the company has successfully navigated a severe downturn to deliver explosive revenue and earnings acceleration, resulting in a net gain over the last three years. With a forward P/E of roughly 14x and robust free cash flow, the valuation appears attractive for a high-growth software play, though the lack of a dividend and high beta keep it from being a core holding. In the short term, the stock is showing signs of recovery, having climbed back above its 200-day average, but the options market remains conflicted. While traders are buying calls for a breakout, the heavy put positioning suggests fear of a 'value trap' reversal or earnings miss. The statistical forecast offers no guidance, reflecting the noise inherent in such a volatile recovery. The path forward relies on sustaining this earnings momentum to justify the premium over book value. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.170064 |
| AutoTheta | 0.174426 |
| AutoARIMA | 0.174548 |
| AutoETS | 0.175670 |
| MSTL_120 | 0.213778 |
| MSTL_71 | 0.224059 |
| MSTL_71_120 | 0.263902 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 0.98 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.331 |
| Excess Kurtosis | -0.91 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 4.331 |
| Revenue per Share | 8.293 |
| Market Cap | 4,986,086,400 |
| Trailing P/E | 49.33 |
| Forward P/E | 14.33 |
| Beta | 0.35 |
| Profit Margins | 6.12% |
| Website | https://www.remitly.com |
As of July 11, 2026, 2:59 a.m. EDT: Speculators are positioning for a moderate upside move, evidenced by heavy open interest in out-of-the-money calls (strikes 25 and 30) relative to puts. However, there is a distinct defensive hedge layer with significant put open interest at lower strikes (15-20), suggesting a belief that volatility will spike or the stock could face a sharp correction despite the bullish call flow. Implied volatility is elevated, pricing in uncertainty around the upcoming earnings date.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.3692397 |
| Address1 | 401 Union Street |
| Address2 | Suite 1000 |
| All Time High | 53.65 |
| All Time Low | 6.66 |
| Ask | 30.59 |
| Ask Size | 2 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.2 - Strong Buy |
| Average Daily Volume10 Day | 3,456,370 |
| Average Daily Volume3 Month | 4,822,685 |
| Average Volume | 4,822,685 |
| Average Volume10Days | 3,456,370 |
| Beta | 0.345 |
| Bid | 17.34 |
| Bid Size | 2 |
| Board Risk | 8 |
| Book Value | 4.314 |
| City | Seattle |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 23.68 |
| Current Ratio | 2.84 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 24.19 |
| Day Low | 23.62 |
| Debt To Equity | 4.331 |
| Display Name | Remitly Global |
| Earnings Call Timestamp End | 1,778,101,200 |
| Earnings Call Timestamp Start | 1,778,101,200 |
| Earnings Growth | 3.6 |
| Earnings Quarterly Growth | 3.321 |
| Earnings Timestamp | 1,778,097,600 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 143,842,000 |
| Ebitda Margins | 0.08332 |
| Enterprise To Ebitda | 30.425 |
| Enterprise To Revenue | 2.535 |
| Enterprise Value | 4,376,323,584 |
| Eps Current Year | 1.38105 |
| Eps Forward | 1.65258 |
| Eps Trailing Twelve Months | 0.48 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 21.6192 |
| Fifty Day Average Change | 2.0608006 |
| Fifty Day Average Change Percent | 0.095322706 |
| Fifty Two Week Change Percent | 36.92397 |
| Fifty Two Week High | 24.92 |
| Fifty Two Week High Change | -1.2399998 |
| Fifty Two Week High Change Percent | -0.04975922 |
| Fifty Two Week Low | 12.08 |
| Fifty Two Week Low Change | 11.6 |
| Fifty Two Week Low Change Percent | 0.9602649 |
| Fifty Two Week Range | 12.08 - 24.92 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,632,403,800,000 |
| Float Shares | 184,992,647 |
| Forward Eps | 1.65258 |
| Forward P E | 14.329109 |
| Free Cashflow | 181,706,880 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 3,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.60793 |
| Gross Profits | 1,049,478,016 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.05756 |
| Held Percent Institutions | 0.84979 |
| Implied Shares Outstanding | 210,561,079 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Ipo Expected Date | 2,021-09-23 |
| Is Earnings Date Estimate | 1 |
| 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 | 4,986,086,400 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_142458416 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 105,634,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,005,036,847 |
| Number Of Analyst Opinions | 9 |
| Open | 23.75 |
| Operating Cashflow | 326,191,008 |
| Operating Margins | 0.14416 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Phone | 888 736 4859 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 23.68 |
| Post Market Time | 1,783,981,120 |
| Previous Close | 23.77 |
| Price Eps Current Year | 17.146374 |
| Price Hint | 2 |
| Price To Book | 5.489105 |
| Price To Sales Trailing12 Months | 2.8882663 |
| Profit Margins | 0.061189998 |
| Quick Ratio | 2.196 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.2 |
| Region | US |
| Regular Market Change | -0.0900002 |
| Regular Market Change Percent | -0.378629 |
| Regular Market Day High | 24.19 |
| Regular Market Day Low | 23.62 |
| Regular Market Day Range | 23.62 - 24.19 |
| Regular Market Open | 23.75 |
| Regular Market Previous Close | 23.77 |
| Regular Market Price | 23.68 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 2,090,878 |
| Return On Assets | 0.06561 |
| Return On Equity | 0.12954001 |
| Revenue Growth | 0.252 |
| Revenue Per Share | 8.293 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 210,561,079 |
| Shares Percent Shares Out | 0.0765 |
| Shares Short | 16,113,645 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 14,277,437 |
| Short Name | Remitly Global, Inc. |
| Short Percent Of Float | 0.0809 |
| Short Ratio | 3.34 |
| Source Interval | 15 |
| State | WA |
| Symbol | RELY |
| Target High Price | 33.0 |
| Target Low Price | 26.0 |
| Target Mean Price | 28.88889 |
| Target Median Price | 28.0 |
| Total Cash | 649,062,016 |
| Total Cash Per Share | 3.083 |
| Total Debt | 39,299,000 |
| Total Revenue | 1,726,324,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.48 |
| Trailing P E | 49.333336 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 16.834524 |
| Two Hundred Day Average Change | 6.845476 |
| Two Hundred Day Average Change Percent | 0.4066332 |
| Type Disp | Equity |
| Volume | 2,090,878 |
| Website | https://www.remitly.com |
| Zip | 98,101 |