Remitly Global (RELY) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.12
- Estimate
- $0.31
- Surprise
- +256.9%
- Revenue (period 2026-06-30)
- $495.2M
- Score today
- 6.9/10
Revenue source: xbrl.
How the report landed
Remitly Global (RELY) beat the $0.31 estimate with adjusted EPS of $1.12 — a large 256.9% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates RELY Buy (Wait) at 6.9/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +256.9% surprise compares with a +111.6% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=8.0 in RISK_OFF)
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Product: global money movement
- Sector modifier (Technology): -0.8
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $20.26
- Entry target
- $20.83
- Price target
- $28.13
- Stop
- $18.77
- Upside to target
- +38.9%
- Reward-to-risk
- 3.8:1
The stock trades at 15.3× trailing but 12.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 11 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
RELY at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Infrastructure
- Market cap
- $4.27B
- P/E (fwd)
- 12.5
- P/E (ttm)
- 15.3
- 52-week range
- $12.08–$27.48
- Off 52-week high
- 26.3%
- RSI (14)
- 11
- Volume vs avg
- 0.09×
- Score today
- 6.9/10