In recent trading session, Remitly Global Inc (NASDAQ:RELY) saw 0.83 million shares changing hands at last check today with its beta currently measuring 0.15. Company’s recent per share price level of $18.57 trading at -$0.22 or -1.17% at last check today assigns it a market valuation of $3.79B. That most recent trading price of RELY’s stock is at a discount of -47.12% from its 52-week high price of $27.32 and is indicating a premium of 36.62% from its 52-week low price of $11.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.83 million shares which gives us an average trading volume of 2.80 million if we extend that period to 3-months.

For Remitly Global Inc (RELY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.77. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.19 in the current quarter.

Remitly Global Inc (NASDAQ:RELY) trade information

Upright in the red during last session for losing -1.17%, in the last five days RELY remained trading in the red while hitting it’s week-highest on Tuesday, 06/24/25 when the stock touched $18.57 price level, adding 9.99% to its value on the day. Remitly Global Inc’s shares saw a change of 56.18% in year-to-date performance and have moved -7.75% in past 5-day. Remitly Global Inc (NASDAQ:RELY) showed a performance of -13.71% in past 30-days. Number of shares sold short was 10.32 million shares which calculate 3.46 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 25 to the stock, which implies a rise of 25.72% to its recent value today. Analysts have been projecting 25 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would drop -34.63% in reaching the projected high whereas dropping to the targeted low would mean a loss of -34.63% for stock’s current value.

Remitly Global Inc (RELY) estimates and forecasts

This year revenue growth is estimated to rise 25.28% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 385.21M for the same. And 8 analysts are in estimates of company making revenue of 407.88M in the next quarter. Company posted 306.42M and 336.53M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 13.42% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 35.49% while estimates for its earnings growth in next 5 years are of 34.44%.

Remitly Global Inc (NASDAQ:RELY)’s Major holders

Insiders are in possession of 5.59% of company’s total shares while institution are holding 80.50 percent of that, with stock having share float percentage of 85.26%. Investors also watch the number of corporate investors in a company very closely, which is 80.50% institutions for Remitly Global Inc that are currently holding shares of the company. NASPERS LTD is the top institutional holder at RELY for having 37.34 million shares of worth $452.58 million. And as of 2024-06-30, it was holding 19.3028 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 14.07 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.2755 of outstanding shares, having a total worth of $170.58 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 4.7 shares of worth $87.53 million or 2.31% of the total outstanding shares. The later fund manager was in possession of 3.76 shares on Mar 31, 2025 , making its stake of worth around $69.93 million in the company or a holder of 1.84% of company’s stock.