Remitly Global Inc
NASDAQ:RELY

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Remitly Global Inc
NASDAQ:RELY
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Price: 22.34 USD 3.38% Market Closed
Market Cap: 4.4B USD
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Wall Street
Price Targets

RELY Price Targets Summary
Remitly Global Inc

Wall Street analysts forecast RELY stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for RELY is 24.61 USD with a low forecast of 18.18 USD and a high forecast of 31.5 USD.

Lowest
Price Target
18.18 USD
19% Downside
Average
Price Target
24.61 USD
10% Upside
Highest
Price Target
31.5 USD
41% Upside

RELY Last Price Targets
Remitly Global Inc

The latest public price target was made on Oct 31, 2024 by Rufus Hone from BMO Capital , who expects RELY stock to rise by 12% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Rufus Hone
BMO Capital
25 USD
Upside 12%
1 month ago
Oct 31, 2024
Remitly Global Inc (RELY) PT Raised to $25 at BMO Capital
StreetInsider
Rufus Hone
BMO Capital
23 USD
Upside 3%
6 months ago
Jun 17, 2024
BMO Capital Reiterates Outperform Rating on Remitly Global Inc (RELY)
StreetInsider
Rufus Hone
BMO Capital
24 USD
Upside 7%
6 months ago
May 23, 2024
BMO Capital Reiterates Outperform Rating on Remitly Global Inc (RELY)
StreetInsider
Rufus Hone
BMO Capital
Price Target 25 USD
Upside/Downside 12%
View Source
Rufus Hone
BMO Capital
Price Target 23 USD
Upside/Downside 3%
View Source
Rufus Hone
BMO Capital
Price Target 24 USD
Upside/Downside 7%
View Source
Remitly Global Inc Competitors:
Price Targets
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2% Downside
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17% Upside
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24% Downside
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FOUR
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11% Upside
MMS
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59% Upside
CAMS
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9% Downside
EVTC
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8% Upside

Revenue
Forecast

Revenue Estimate
Remitly Global Inc

For the last 3 years the compound annual growth rate for Remitly Global Inc's revenue is 54%. The projected CAGR for the next 4 years is 23%.

54%
Past Growth
23%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Remitly Global Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-6%
Average Miss

Net Income
Forecast

Net Income Estimate
Remitly Global Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-16%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is RELY's stock price target?
Price Target
24.61 USD

According to Wall Street analysts, the average 1-year price target for RELY is 24.61 USD with a low forecast of 18.18 USD and a high forecast of 31.5 USD.

What is Remitly Global Inc's Revenue forecast?
Projected CAGR
23%

For the last 3 years the compound annual growth rate for Remitly Global Inc's revenue is 54%. The projected CAGR for the next 4 years is 23%.

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