NASDAQ: RELY

Remitly Global (RELY) Stock Analysis & Forecast

Sep 28 close

$21.89+0.53 (+2.5%)

Gekko Brief

AI summary

Remitly (RELY) shares fell 7.1% on 23 September to close at $19.76 amid sector-wide selling that also hit peers CHYM and PAY, pointing to broader software infrastructure concerns rather than company-specific issues. Around the same time, Argus issued a "BUY" rating while lowering its target price to $24.00, and Citizens reaffirmed a Market Outperform rating with a $32.00 price target, citing strong top-line growth and user engagement. Coverage has also pointed to Remitly's Q2 2026 results, which showed record revenue and adjusted EBITDA driven by send volume and AI-driven productivity gains.

RELY closed at $21.89, up 2.5%, sitting between its 50-day average of $23.99 and 200-day average of $19.38. The GekkoIndex reads 63.5, placing the stock in the Accumulation zone, though the reading has slipped 6.1 points over five sessions. The gap to Gekko Fair Value of $39.84 stands at -45.1%, with the stock down 15.8% over one month but up 45.8% over six months and 34.7% over one year.

The next earnings report is set for 4 November, 36 days out, following a prior quarter in which actual EPS of $0.95 topped the $0.09 estimate with a 5.3% reaction, and 4 beats across the last 8 quarters. Over the last 30 days, one unusual options signal appeared, tied to $331,620 in put premium against no call premium. Seasonally, the next 20 trading days have averaged -0.3% over 5 years, rising in 4 of them. Consensus among 9 covering firms stands at buy, with a $32.33 target.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Remitly Global price vs fair value

▲$39.84$21.89Sep ’25Mar ’26Sep ’26
Close $21.89200-day averageGekko Fair Value $39.84

Remitly Global quick facts

Market cap
$4.61B
P/E ratio
14.5
Forward P/E
—
EPS, TTM
$1.46
Revenue, TTM
$1.81B
Profit margin
16.9%
Dividend yield
—
Beta
0.36
Volume
2.95M avg 4.31M
1-year return
+34.7%
Typical daily move
±4.7%
Typical 20-day move
±10.6%
50-day average
$23.99
200-day average
$19.38
Next earnings
Nov 4 after close
Shares outstanding
211.7M
52-week range
$12.08$27.48

Remitly Global swing-trade checklist

Remitly Global scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $21.89 sits between the 50-day ($23.99) and 200-day ($19.38) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    63.5, Accumulation

    Reading 63.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    45.1% below

    Price is 45.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 36 days

    Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    −0.3% on average

    From this point in the calendar, the next 20 trading days averaged −0.3% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Remitly Global stock chart and price history

Remitly Global closed at $21.89 on Sep 28, 2026, +34.7% over the past year, inside a 52-week range of $12.08 to $27.48.

Close50-day average200-day averageVolume
Remitly Global share price, past year, with 50-day and 200-day moving averages and volume$15$20$25NovDecJan 2026FebMarAprMayJunJulAugSep21.89

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−15.8%
3 months
−3.9%
6 months
+45.8%
1 year
+34.7%
The full RELY chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open RELY in Gekko

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About Remitly Global

Remitly Global provides digital financial services aimed at immigrants and the people they support back home. Its main offering allows customers to send money across borders, with service reaching close to 150 countries. The company has built its name around making international money transfers accessible to this group of users.

The business centers on facilitating these cross-border payments, connecting senders abroad with recipients in their home countries. Its customers are primarily immigrant communities looking for a way to move funds internationally to family members.

Remitly Global was founded in 2011 and is headquartered in Seattle, Washington. Its shares are listed on the NASDAQ under the ticker RELY.

Listed
NASDAQ
Sector
Commercial services
Industry
Miscellaneous commercial services
Website
remitly.com

Remitly Global GekkoIndex: the smart money zone

Remitly Global’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.5, in the Accumulation zone, down 6.1 points over five sessions.

010063.5Accumulation

Down 6.1 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying69+1.8%+2.1%+4.7%+5.7%
Accumulation (current zone)199−1.0%+0.2%+1.8%+5.8%
Neutral344+0.9%+1.3%+3.0%+4.5%
Distribution54+0.9%0.0%−5.7%+0.8%
Selling6Too few readings yet

Average RELY share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the RELY price, zone by zone.Track RELY in Gekko

Is Remitly Global stock overvalued? Gekko Fair Value

Remitly Global trades 45.1% below Gekko Fair Value of $39.84, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Remitly Global shares are worth, recalculated every trading day.

$39.84

Gekko Fair Value, Sep 26, 2026

45.1% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open RELY in Gekko

Remitly Global insider and Congress trading

No open-market insider purchases were filed for Remitly Global, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for RELY in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every RELY insider filing, plotted on the chart in Gekko.Open RELY in Gekko

Congress trades last 90 days

No trades in RELY were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for RELY, plotted on the chart in Gekko.Open RELY in Gekko

Buybacks

Remitly Global has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$65.16M
As a share of market cap
1.41%
Trailing four quarters
$122.2M

From company filings.

Unusual options activity last 30 days

1signal, 0% of the flagged premium in calls.

Latest: Bullish flow on Sep 11, $332K in unusual premium.

Hedge funds and billionaires quarter ended Dec 31

0of the funds Gekko tracks hold RELY.

0added0opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Remitly Global earnings: next date and track record

Remitly Global reports on Nov 4, 2026, after the close (36 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±14.7%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+20.6%Oct ’24−2.6%Feb ’25+14.0%May ’25+16.0%Aug ’25−23.9%Nov ’25+31.0%Feb ’26−4.0%May ’26+5.3%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Remitly reported record Q2 2026 revenue and record adjusted EBITDA, both exceeding the high end of guidance. Quarterly active users surpassed 10 million for the first time, driven by record new customer additions. CEO Sebastian Gunningham highlighted structural cost discipline, AI-driven productivity gains, and network expansion to 179 receive geographies. The company is executing on growth accelerators beyond core remittances including borrow, spend, and save products.
Guidance
Management expressed increased confidence in top-line growth while continuing to expand adjusted EBITDA margins. AI-driven productivity gains are being redeployed into growth investments. No specific revenue or earnings targets were provided in this excerpt.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$0.95
est $0.09
+955.6%$495.2M
est $486.3M
+1.8%+5.3%
May 6, 2026$0.00
est $0.19
−100.0%$452.8M
est $438.9M
+3.2%−4.0%
Feb 18, 2026$0.19
est $0.16
+20.6%$442.2M
est $427.4M
+3.5%+31.0%
Nov 5, 2025$0.04
est $0.18
−77.4%$419.5M
est $413.7M
+1.4%−23.9%
Aug 6, 2025$0.04
est $0.20
−80.3%$411.9M
est $415.7M
−0.9%+16.0%
May 7, 2025$0.05
est −$0.04
+225.0%$361.6M
est $347.5M
+4.1%+14.0%
Feb 19, 2025$0.19
est $0.10
+90.0%$351.9M
est $343.8M
+2.4%−2.6%
Oct 30, 2024$0.11
est $0.12
−8.3%$336.5M
est $343.7M
−2.1%+20.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Remitly Global stock forecast and analyst price targets

Analysts’ average 12-month price target for Remitly Global is $32.33, +47.7% from the last close, from 9 firms rating the stock in the last 90 days.

$32.33consensus 12-month target, +47.7% from the last close
Low $29High $36
Buy9
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 9 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 17MonnessBuy, reiterated$36+64.5%
Aug 27Bank of America SecuritiesBuy, reiterated$29+32.5%
Aug 25Wolfe ResearchBuy, maintained$32+46.2%
Aug 17Wolfe ResearchBuy, maintained$31+41.6%
Aug 10William BlairBuy, reiterated——
+1.8%average 20-day move after past Accumulation readings
−0.3%average move over the next 20 trading days in the last 5 years
±4.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Remitly Global seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Remitly Global averaged −0.3% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

−15.0%2021+0.2%2022+2.4%2023+13.1%2024+2.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.1%3 of 5
Next 10 trading days−2.1%2 of 5
Next 15 trading days−0.5%2 of 5
Next 20 trading days−0.3%4 of 5
Next 30 trading days−1.0%1 of 5

For scale, RELY’s typical 20-trading-day move in either direction is about 10.6%.

Remitly Global market cap and key statistics

Remitly Global’s market cap is $4.61B, with a P/E ratio of 14.5 and revenue of $1.81B over the last twelve months.

Valuation

Market cap
$4.61B
P/E ratio
14.5
EPS, TTM
$1.46
Gekko Fair Value
$39.84

Trading

Volume
2.95M
Avg volume, 20 days
4.31M
52-week high
$27.48
52-week low
$12.08
Shares outstanding
211.7M

Financials

Revenue, TTM
$1.81B
Profit margin
16.9%
Return on equity
32.3%
Quarterly earnings growth, YoY
+3,000.0%

Risk and income

Beta
0.36
Typical daily move
±4.7%
Typical 20-day move
±10.6%

Remitly Global peers

Remitly Global’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
SHOPShopify+4.3%Neutral5.0% above
CTASCintas+0.5%Neutral11.5% above
PYPLPayPal−0.2%Accumulation4.6% below
XYZBlock−2.7%Accumulation2.5% above
CPAYCorpay+0.2%Accumulation18.1% below
FISVFiserv0.0%Buying40.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Remitly Global stock FAQ

What is Remitly Global’s market cap?

Remitly Global’s market cap is $4.61B at the Sep 28, 2026 close of $21.89, with 211.7M shares outstanding. The shares trade on a P/E ratio of 14.5.

What is the Remitly Global stock forecast?

The consensus analyst 12-month price target for Remitly Global is $32.33, +47.7% from the last close. Of the 9 firms that rated the stock in the last 90 days, 9 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Remitly Global stock overvalued or undervalued?

On Gekko’s estimate Remitly Global is undervalued: the Sep 28, 2026 close of $21.89 is 45.1% below Gekko Fair Value of $39.84. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Remitly Global report earnings next?

Remitly Global is expected to report on Nov 4, 2026, after the market closes (36 days away). Analysts expect earnings of $0.15 per share on revenue of $507.5M. Remitly Global beat the earnings estimate in 4 of its last 8 reports, moving 14.7% on average across the report.

What is Remitly Global’s 52-week high and low?

Remitly Global’s 52-week high is $27.48 and its 52-week low is $12.08; it closed at $21.89 on Sep 28, 2026, +34.7% over the past year. Over the last five years the shares peaked at $41.40 on Oct 15, 2021.

Is Remitly Global stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and seasonality) and 1 as a headwind (smart money). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Remitly Global?

Gekko flagged 1 unusual options signal in Remitly Global over the last 30 days, with $0 of flagged premium in calls and $332K in puts. The latest, bullish flow, was on Sep 11, 2026 with $332K in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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