$23.77
Closed
-(-)

At close

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About

Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. The company is headquartered in Seattle, Washington and currently employs 3,200 full-time employees. The company went IPO on 2021-09-23. Its cross-border payments app helps customers with a fast, reliable, and transparent money movement experience. The Company’s technology platform is purpose-built to localize consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The firm provides a digital cross-border remittance product that is accessible via its mobile app or the Web. The company offers a mobile-centric suite of products, global network, localization expertise at scale and a data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. The firm's global network of funding and disbursement partnerships enables it to complete money transfers in over 5,100 corridors without the need to deploy local operations in each country.
Country

US

CEO

Mr. Sebastian Gunningham

IPO date

2021

Employees

3,200

ISIN

US75960P1049

Key stats

Open

$23.60

Volume

1.95M

Market cap

$4.86B

Prev. close

$23.56

Impl / hst vl

-

Open interest

$0.00

$23.60

Day’s Range

$23.77

$12.10

52W Range

$24.92

Valuation

61
Valuation score
Undervalued
P/E
46.05
P/S
2.82
P/B
5.36
Current ratio
2.84
Debt / Equity
-0.71
ROE
12.66%
Gross margin
67.99%
Income growth
19.01%
FCF growth
-48.14

Analysts estimates

Consensus rating
Buy

The average rating from top 10 analysts indicates that stock is expected to perform in line with the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$28.25
The top 12 analysts forecasts that 12-month price may increase by 18.86%, with a low of $22.52 and a high of $34.65
$22.52
Low
$28.25
Avg
$34.65
High
Current price

Earnings

Q1 ‘26 revenue
$452.80M
Q1 ‘26 net income
$49.05M
Revenue
Net income
Previous EPS
$0.23
Estimate EPS
$0.13
Actual EPS
Estimate EPS
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