Remitly (RELY) Stock Price
$17.24 0.2%
to add to portfolio
AI Score
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Alternative
7 -
Fundamental
8 -
Technical
3
Our AI Score rates companies on a scale from 0 to 10, based on alternative data points such as web traffic, app downloads, and job postings — combined with financial health indicators and technical signals. Scores are designed to reflect relative strength or weakness across these factors, helping users compare companies and track changes over time.
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RELY AI Stock Analysis
Financial Performance
Remitly's financial performance shows a positive trend with revenue of $336.5M, marking an increase by 9.8% from the previous quarter and up by 27.1% YoY. The gross profit is also on the rise at $221M, up by 26.9% QoQ and up by 25.8% YoY. The operating income profit saw a substantial growth of over 100%, both QoQ and YoY, standing currently at $368K which indicates a strong operational efficiency.
Stock Price
The stock price currently stands at $25.52 showing an upward trend with an increase of around 11% in the last month and about a solid jump of 41% YoY, indicating investors' confidence in the company's stocks. The RSI value being above average at around 78 suggests that it might be slightly overbought while its PE ratio being negative indicates that the company is not profitable yet.
Alternative Data Signals
The web traffic has seen an uptick recently (17% MoM) but has decreased compared to last year (-31%). App downloads have significantly increased both MoM (4351%) and YoY (4886%), suggesting widespread usage and popularity among users which could translate into higher revenues in future periods.
The number of job openings are increasing albeit slightly (up by nearly 6%) while employee business outlook remains positive for most employees (63%).
Social media followership across all platforms -- Twitter, Instagram, Facebook -- is growing steadily which signifies successful marketing efforts.
Conclusion
Taking into account Remitly's increasing revenue trends, rising gross profit, and strong operational income growth along with the positive alternative data signals like growing app downloads and social media followership, the overall outlook for Remitly's stock appears bullish.
Note: This AI Stock Analysis is based on data as of February 07. Our members can refresh and get access to an up-to-date AI stock analysis.
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Remitly (RELY) Price Prediction
Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Remitly (RELY), currently trading at $17.24, will... Sign up to access price prediction.
About RELY
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Remitly Global, Inc.
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Symbol
RELY
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Market
NASDAQ
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Industry
Software - Infrastructure
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Market Cap
3.6B
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News
RELY Alternative Data
Web Traffic
Remitly receives an estimated 7.1M monthly visitors to remitly.com.
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Web Traffic
7054342
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Change from Previous Month
4.3%
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3 Month Change
5.8%
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YoY Change
5.8%
Twitter Followers
Remitly has 14,980 Twitter Followers on its main Twitter (also known as X) account, which is up by 0.4% over the last month.
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Twitter Followers
14980
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Daily Change
0%
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1 Month Change
0.4%
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3 Month Change
1.9%
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YoY Change
1.9%
Facebook Engagement
Remitly has engaged 164,013 users via their Facebook Page over the last 7 days.
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Facebook Engagement
164013
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Daily Change
2.5%
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1 Month Change
18.6%
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3 Month Change
65.5%
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YoY Change
65.5%
Instagram Followers
Remitly has 72,288 Instagram Followers on its main Instagram account, up by 4.5% over the last month.
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Instagram Followers
72288
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Daily Change
0.1%
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1 Month Change
4.5%
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3 Month Change
13.5%
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YoY Change
13.5%
Youtube Subscribers
Remitly has 45,800 subscribers on its main Youtube channel, up by 0.7% over the last month.
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Youtube Subscribers
45800
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Daily Change
0%
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1 Month Change
0.7%
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3 Month Change
1.8%
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YoY Change
1.8%
LinkedIn Followers
73,277 are following Remitly on LinkedIn, up by 2.8% over the last month.
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LinkedIn Followers
73277
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Daily Change
0.2%
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1 Month Change
2.8%
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3 Month Change
8.7%
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YoY Change
8.7%
App Downloads
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App Downloads
503000
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Daily Change
0%
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1 Month Change
24.8%
Job Postings
Remitly has an estimated 96 open job postings, which is down -15.8% over the last month.
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Job Postings
96
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Daily Change
3.2%
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1 Month Change
15.8%
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3 Month Change
27.8%
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YoY Change
27.8%
LinkedIn Employees
According to LinkedIn, Remitly has 3,216 employees, up by 1% over the last month.
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LinkedIn Employees
3216
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Daily Change
0.2%
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1 Month Change
1%
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3 Month Change
3.2%
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YoY Change
3.2%
Reddit Mentions
Remitly has been mentioned an estimated 0 times in investment subreddits on Reddit over the last 24 hours.
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Reddit Mentions
0
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Daily Change
0%
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1 Month Change
0%
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3 Month Change
0%
Business Outlook
According to employee reviews, the business outlook among employees at Remitly is 69 out of 100 (bullish).
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Business Outlook
69
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Change from Previous Month
0%
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3 Month Change
0%
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YoY Change
0%
News Mentions
Remitly was mentioned 1 times in the news yesterday.
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News Mentions
1
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Daily Change
50%
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1 Month Change
0%
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3 Month Change
0%
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YoY Change
0%
RELY Financials
RELY Key Metrics
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Total Revenue
$351.9M
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Net Income
-$5.7M
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Earnings per Share
-$0.0288
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Free cash flow
$50.4M
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EBITDA
$1.6M
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EBITDA Ratio
0.00467753
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Total Assets
$1B
RELY 2-year Revenue & Income
RELY 2-year Free Cash Flow
RELY Technicals
RELY SMA
RELY RSI
FAQ
What's the current price of Remitly (RELY) Stock?
The price of an Remitly (RELY) share is $17.24.
What's the market cap of Remitly?
The current market cap of Remitly is 3.6B.
What are some stocks similar to Remitly (RELY) that investors often compare it to?
Remitly (RELY) is often compared to similar stocks such as Microsoft, Akamai Technologies, Adobe, Palo Alto Networks and VeriSign.
What is the forecast for Remitly's stock price in 2026?
Using a mix of financial analysis, technical indicators, and alternative data, we forecast Remitly's stock price to be around $18.84 in 2026. Starting from the current price of $17.24, this represents a 9.3% change in price, indicating a bullish outlook for the stock.
How to buy Remitly (RELY) Stock?
Remitly stock is available for purchase through numerous brokerage firms, including online platforms. Investors can also buy Remitly shares via trading apps on their smartphones or by utilizing services like robo-advisors for automated investing.