Remitly Global, Inc. (RELY) Stock Analysis
Technology · Software - Infrastructure
Hold if already holding. Not a fresh buy at $21.91, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 6 days (event risk).
Remitly Global is a digital cross-border payments company serving 9.3 million quarterly active users across 175+ countries via 5,300+ corridors, enabling international money transfers through mobile apps and websites. Revenue of $1.6 billion in 2025 is generated from transaction... Read more
Hold if already holding. Not a fresh buy at $21.91, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 6 days (event risk). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Mixed signals. Hold existing position. Score 5.7/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-02-18Item 5.02MEDIUMSebastian Gunningham appointed CEO effective February 19, 2026, succeeding co-founder Matthew Oppenheimer who transitioned to Chair of the Board and ceased employment as part of an orderly succession plan. Gunningham previously served as SVP at Amazon and Chairman of Santander Consumer Finance. No disagreement cited.SEC filing →
- 2026-03-20Item 5.02MEDIUMLuke Tavis (Chief Accounting Officer) retired from the CAO role effective March 31, 2026; will continue as VP Accounting through June 2026 for transition support. Tai-Hong Fung (VP Controller since February 2026, formerly VP Controller at Starbucks) appointed as new CAO effective April 1, 2026.SEC filing →
- 2026-04-10Item 5.02LOWAdam Messinger appointed to Board as Class III director effective April 6, 2026, also joining Talent and Compensation Committee. Previously served as CTO of Twitter and VP at Oracle; has served as technical advisor to various technology companies. Board size increased to accommodate appointment.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers·1 ceiling hit
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $21.91, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 6 days (event risk). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Mixed signals. Hold existing position. Target $21.56 (-1.6%), stop $20.52 (−6.8%), A.R:R -0.8:1. Score 5.7/10, moderate confidence.
Take-profit target: $21.56 (-1.6% upside). Target $21.56 (-1.6%), stop $20.52 (−6.8%), A.R:R -0.8:1. Stop-loss: $20.52.
Analyst target reached - limited upside remaining; Earnings in 6 days (event risk); Overbought (RSI 92).
Remitly Global, Inc. trades at a P/E of 70.6 (forward 14.3). TrendMatrix value score: 5.6/10. Verdict: Hold.
16 analysts cover RELY with a consensus score of 4.3/5. Average price target: $22.
What does Remitly Global, Inc. do?Remitly Global is a digital cross-border payments company serving 9.3 million quarterly active users across 175+...
Remitly Global is a digital cross-border payments company serving 9.3 million quarterly active users across 175+ countries via 5,300+ corridors, enabling international money transfers through mobile apps and websites. Revenue of $1.6 billion in 2025 is generated from transaction fees and foreign exchange spreads on $74.9 billion of send volume; the company achieved its first GAAP profitable year in 2025 with net income of $67.9 million. The company expanded beyond remittances into broader cross-border financial services for consumers and businesses.