Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels... Show more
Remitly Global, Inc. (RELY) is a leading provider of digital cross-border payment services, specializing in remittances for immigrants and their families. The company facilitates fast, reliable money transfers to over 170 countries via mobile app and website, targeting underserved markets with competitive fees and transparent pricing. Its core business model relies on transaction volumes from active customers, generating revenue through fees and foreign exchange spreads.
In the competitive fintech and remittances industry, Remitly holds a strong position as a pure-play digital disruptor against traditional players like Western Union. With 9.3 million active customers and $74.9 billion in full-year send volume, its focus on emerging markets and technology-driven efficiency explains recent stock strength, as profitability milestones signal scalable growth.
Over the last 30 days, RELY stock advanced +29%, moving steadily from a March 18 closing price of $15.53 to $19.99 as of April 17. The uptrend featured consistent gains with elevated trading volumes, particularly spiking to nearly 5 million shares on April 16, indicating strong investor interest rather than erratic volatility.
For the past quarter, shares posted a robust +53% gain from $13.08 on January 17. The movement was trend-driven, with a sharp post-earnings rally in February followed by consolidation and renewed upside in April, supported by higher average volumes compared to January levels.
RELY's 30-day rally built on prior momentum, highlighted by technical indicators such as the golden cross signal, where the 50-day moving average crossed above the 200-day average, attracting technical buyers. Positive coverage, including articles on valuation upside and "3 Big Reasons to Love Remitly," reinforced market sentiment.
Broader fintech sector strength and Remitly's operational leverage from prior earnings contributed, with no major negative catalysts. Analyst upgrades and a Zacks Strong Buy rating further propelled the steady climb, as investors digested the company's profitability trajectory amid favorable trading volumes.
The quarter's +53% surge was anchored by February 18 earnings, revealing Q4 revenue of $442.2 million (+26% YoY), net income of $41.2 million, and full-year revenue of $1.6 billion (+29% YoY)—marking the first GAAP profitable year. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) doubled to $272.2 million, showcasing margin expansion.
2026 guidance for $1.94–$1.96 billion in revenue (19–20% growth) and positive net income, plus new CEO Sebastian Gunningham's appointment, signaled strategic acceleration. These factors, combined with 37% send volume growth to $74.9 billion, drove cumulative outperformance versus peers, amplified by institutional buying and remittance demand trends.
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Investors should monitor Q1 2026 earnings around May, expected to reflect $436–$438 million in revenue per guidance. Ongoing send volume growth and active customer additions will gauge execution under new leadership.
Remittance market trends, including immigration flows, currency volatility, and digital adoption rates, remain key. Macro factors like interest rates and global economic conditions could influence transaction demand.
Strategic developments such as product expansions, partnerships, or AI integrations, alongside competitive dynamics in fintech, warrant attention. Risks include regulatory changes in cross-border payments and FX exposure.
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RELY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 29 cases where RELY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 16 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RELY advanced for three days, in of 275 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved below the 0 level on May 15, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on RELY as a result. In of 67 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for RELY turned negative on May 14, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
RELY moved below its 50-day moving average on June 03, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for RELY crossed bearishly below the 50-day moving average on June 08, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RELY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for RELY entered a downward trend on June 10, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.186) is normal, around the industry mean (16.045). P/E Ratio (37.583) is within average values for comparable stocks, (68.404). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.770). RELY has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.020). P/S Ratio (2.270) is also within normal values, averaging (145.243).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. RELY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RELY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Industry ComputerCommunications