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RELY
Volume: 9.41M

Remitly Global (RELY) Stock Forecast & Price Target

Remitly Global (RELY) Analyst Ratings

Based on 9 analyst ratings
Buy
Strong Buy 11%
Buy 78%
Hold 11%
Sell 0%
Strong Sell 0%

Bulls say

Remitly Global Inc. has demonstrated strong financial growth, particularly in its Mexican market, where 2Q receive revenue significantly exceeded the overall 34% total revenue growth. The company has been effectively capitalizing on market share gains and benefitting from favorable secular trends within the remittance industry, which contribute to substantial revenue and EBITDA growth. This upward trajectory in transaction volumes and the company's ability to outperform industry averages bolster the positive outlook on its stock performance.

Bears say

Remitly Global faces significant challenges due to its inability to compete effectively in a highly competitive industry, which poses risks for both growth and margin compression. Additionally, the company is vulnerable to fluctuations in foreign exchange rates, which could further negatively impact its financial results. Continued investments in product development must yield satisfactory returns; failure to achieve this could lead to adverse effects on the company’s overall financial performance.

Remitly Global (RELY) has been analyzed by 9 analysts, with a consensus rating of Buy. 11% of analysts recommend a Strong Buy, 78% recommend Buy, 11% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Remitly Global and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Remitly Global (RELY) Forecast

Analysts have given Remitly Global (RELY) a Buy based on their latest research and market trends.

According to 9 analysts, Remitly Global (RELY) has a Buy consensus rating as of Feb 19, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $24.44, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $24.44, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Remitly Global (RELY)

Volume: 9.41M

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