Remitly Global Inc has a consensus price target of $22.8, established from looking at the 70 latest analyst ratings. The last 3 analyst ratings were released from Barclays, BMO Capital, and JMP Securities on June 17, 2024, June 17, 2024, and June 11, 2024. With an average price target of $20.33 between Barclays, BMO Capital, and JMP Securities, there's an implied 67.77% upside for Remitly Global Inc from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/17/2024 | Buy Now | 32.01% | Barclays | Ramsey El-Assal | $20 → $16 | Maintains | Overweight | Get Alert |
06/17/2024 | Buy Now | 89.77% | BMO Capital | Rufus Hone | $24 → $23 | Maintains | Outperform | Get Alert |
06/11/2024 | Buy Now | 81.52% | JMP Securities | David Scharf | $32 → $22 | Maintains | Market Outperform | Get Alert |
05/06/2024 | Buy Now | 65.02% | Barclays | Ramsey El-Assal | $25 → $20 | Maintains | Overweight | Get Alert |
05/02/2024 | Buy Now | 131.02% | JP Morgan | Tien-Tsin Huang | $34 → $28 | Maintains | Overweight | Get Alert |
05/02/2024 | Buy Now | 98.02% | BMO Capital | Rufus Hone | $28 → $24 | Maintains | Outperform | Get Alert |
05/02/2024 | Buy Now | 23.76% | Wells Fargo | Andrew Bauch | $17 → $15 | Maintains | Underweight | Get Alert |
05/01/2024 | Buy Now | 40.26% | Wells Fargo | Andrew Bauch | $19 → $17 | Maintains | Underweight | Get Alert |
04/17/2024 | Buy Now | 164.03% | JMP Securities | David Scharf | → $32 | Reiterates | Market Outperform → Market Outperform | Get Alert |
03/20/2024 | Buy Now | 139.27% | Monness, Crespi, Hardt | Gus Gala | → $29 | Initiates | → Buy | Get Alert |
02/22/2024 | Buy Now | 56.77% | Wells Fargo | Andrew Bauch | $16 → $19 | Maintains | Underweight | Get Alert |
02/22/2024 | Buy Now | 131.02% | BMO Capital | Rufus Hone | $24 → $28 | Upgrade | Market Perform → Outperform | Get Alert |
01/22/2024 | Buy Now | 73.27% | Barclays | Ramsey El-Assal | $25 → $21 | Maintains | Overweight | Get Alert |
01/17/2024 | Buy Now | 32.01% | Wells Fargo | Andrew Bauch | → $16 | Initiates | → Underweight | Get Alert |
01/11/2024 | Buy Now | 106.27% | Goldman Sachs | Will Nance | $29 → $25 | Maintains | Buy | Get Alert |
12/05/2023 | Buy Now | 106.27% | BMO Capital | Rufus Hone | → $25 | Initiates | → Market Perform | Get Alert |
12/01/2023 | Buy Now | — | Wolfe Research | Darrin Peller | — | Downgrade | Outperform → Peer Perform | Get Alert |
11/02/2023 | Buy Now | 139.27% | Goldman Sachs | Will Nance | $34 → $29 | Maintains | Buy | Get Alert |
10/18/2023 | Buy Now | 147.52% | Keybanc | Josh Beck | $25 → $30 | Maintains | Overweight | Get Alert |
10/13/2023 | Buy Now | 180.53% | Goldman Sachs | Will Nance | $25 → $34 | Maintains | Buy | Get Alert |
10/12/2023 | Buy Now | 180.53% | Goldman Sachs | Will Nance | $25 → $34 | Maintains | Buy | Get Alert |
09/18/2023 | Buy Now | 164.03% | JMP Securities | David Scharf | $26 → $32 | Maintains | Market Outperform | Get Alert |
09/12/2023 | Buy Now | 147.52% | Citigroup | Andrew Schmidt | $25 → $30 | Maintains | Buy | Get Alert |
08/22/2023 | Buy Now | 180.53% | JP Morgan | Tien-Tsin Huang | $23 → $34 | Maintains | Overweight | Get Alert |
08/07/2023 | Buy Now | 106.27% | Barclays | Ramsey El-Assal | $21 → $25 | Maintains | Overweight | Get Alert |
08/04/2023 | Buy Now | 131.02% | Wolfe Research | Darrin Peller | → $28 | Upgrade | Peer Perform → Outperform | Get Alert |
08/03/2023 | Buy Now | 106.27% | Goldman Sachs | Will Nance | $22 → $25 | Maintains | Buy | Get Alert |
08/03/2023 | Buy Now | 106.27% | Citigroup | Andrew Schmidt | $23 → $25 | Maintains | Buy | Get Alert |
08/03/2023 | Buy Now | 114.52% | JMP Securities | David Scharf | $21 → $26 | Maintains | Outperform | Get Alert |
08/03/2023 | Buy Now | 106.27% | Keybanc | Josh Beck | $21 → $25 | Maintains | Overweight | Get Alert |
07/06/2023 | Buy Now | 73.27% | JMP Securities | David Scharf | → $21 | Reiterates | Market Outperform → Market Outperform | Get Alert |
05/08/2023 | Buy Now | 73.27% | Barclays | Ramsey El-Assal | $20 → $21 | Maintains | Overweight | Get Alert |
05/05/2023 | Buy Now | 89.77% | Citigroup | Andrew Schmidt | $20 → $23 | Maintains | Buy | Get Alert |
05/04/2023 | Buy Now | 81.52% | Goldman Sachs | Will Nance | $20 → $22 | Maintains | Buy | Get Alert |
05/04/2023 | Buy Now | 73.27% | JMP Securities | David Scharf | → $21 | Reiterates | → Market Outperform | Get Alert |
04/24/2023 | Buy Now | 73.27% | JMP Securities | David Strauss | → $21 | Reiterates | → Market Outperform | Get Alert |
04/19/2023 | Buy Now | 73.27% | Keybanc | Josh Beck | $15 → $21 | Maintains | Overweight | Get Alert |
04/18/2023 | Buy Now | 73.27% | JMP Securities | David Scharf | $17 → $21 | Maintains | Outperform | Get Alert |
04/13/2023 | Buy Now | 65.02% | Goldman Sachs | Will Nance | $14.5 → $20 | Maintains | Buy | Get Alert |
03/27/2023 | Buy Now | — | Wolfe Research | Darrin Peller | — | Downgrade | Outperform → Peer Perform | Get Alert |
02/27/2023 | Buy Now | 40.26% | Barclays | Ramsey El-Assal | $15 → $17 | Maintains | Overweight | Get Alert |
02/23/2023 | Buy Now | 40.26% | JMP Securities | David Scharf | $14 → $17 | Maintains | Market Perform | Get Alert |
02/23/2023 | Buy Now | 23.76% | Keybanc | Josh Beck | $14 → $15 | Maintains | Overweight | Get Alert |
01/30/2023 | Buy Now | 23.76% | Barclays | Raimo Lenschow | $12 → $15 | Maintains | Overweight | Get Alert |
01/09/2023 | Buy Now | 15.51% | Goldman Sachs | Will Nance | $16 → $14 | Maintains | Buy | Get Alert |
10/05/2022 | Buy Now | 32.01% | Goldman Sachs | Will Nance | $14 → $16 | Maintains | Buy | Get Alert |
09/26/2022 | Buy Now | -0.99% | Barclays | Ramsey El-Assal | $16 → $12 | Maintains | Overweight | Get Alert |
08/04/2022 | Buy Now | 15.51% | Goldman Sachs | Will Nance | $12.5 → $14 | Maintains | Buy | Get Alert |
08/04/2022 | Buy Now | 15.51% | Keybanc | Josh Beck | $13 → $14 | Maintains | Overweight | Get Alert |
08/02/2022 | Buy Now | 56.77% | Citigroup | Andrew Schmidt | $21 → $19 | Maintains | Buy | Get Alert |
08/02/2022 | Buy Now | 7.26% | Keybanc | Josh Beck | $23 → $13 | Maintains | Overweight | Get Alert |
07/15/2022 | Buy Now | 15.51% | JMP Securities | David Scharf | $22 → $14 | Maintains | Market Outperform | Get Alert |
05/09/2022 | Buy Now | 32.01% | Barclays | Ramsey El-Assal | $18 → $16 | Maintains | Overweight | Get Alert |
05/06/2022 | Buy Now | 89.77% | Keybanc | Josh Beck | $28 → $23 | Maintains | Overweight | Get Alert |
04/08/2022 | Buy Now | 15.51% | Goldman Sachs | Will Nance | $19 → $14 | Maintains | Buy | Get Alert |
03/03/2022 | Buy Now | 81.52% | JMP Securities | David Scharf | $40 → $22 | Maintains | Market Outperform | Get Alert |
03/03/2022 | Buy Now | 89.77% | Citigroup | Andrew Schmidt | $24 → $23 | Maintains | Buy | Get Alert |
01/26/2022 | Buy Now | 98.02% | Citigroup | Andrew Schmidt | $47 → $24 | Maintains | Buy | Get Alert |
01/14/2022 | Buy Now | 188.78% | Keybanc | Josh Beck | $48 → $35 | Maintains | Overweight | Get Alert |
01/12/2022 | Buy Now | 230.03% | JMP Securities | David Scharf | $52 → $40 | Maintains | Market Outperform | Get Alert |
12/13/2021 | Buy Now | 238.28% | Goldman Sachs | — | — | Maintains | Buy | Get Alert |
11/23/2021 | Buy Now | 287.79% | Citigroup | — | — | Maintains | Buy | Get Alert |
10/28/2021 | Buy Now | 246.53% | Wolfe Research | Darrin Peller | — | Upgrade | Peer Perform → Outperform | Get Alert |
10/18/2021 | Buy Now | — | William Blair | Robert Napoli | — | Initiates | → Outperform | Get Alert |
10/18/2021 | Buy Now | 271.29% | Wolfe Research | Darrin Peller | — | Initiates | → Peer Perform | Get Alert |
10/18/2021 | Buy Now | 329.04% | JMP Securities | David Scharf | — | Initiates | → Market Outperform | Get Alert |
10/18/2021 | Buy Now | 370.3% | JP Morgan | Tien-Tsin Huang | — | Initiates | → Overweight | Get Alert |
10/18/2021 | Buy Now | 403.3% | Goldman Sachs | Will Nance | — | Initiates | → Buy | Get Alert |
10/18/2021 | Buy Now | 296.04% | Barclays | Ramsey El-Assal | — | Initiates | → Overweight | Get Alert |
10/18/2021 | Buy Now | 296.04% | Keybanc | Josh Beck | — | Initiates | → Overweight | Get Alert |
The latest price target for Remitly Global (NASDAQ:RELY) was reported by Barclays on June 17, 2024. The analyst firm set a price target for $16.00 expecting RELY to rise to within 12 months (a possible 32.01% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Remitly Global (NASDAQ:RELY) was provided by Barclays, and Remitly Global maintained their overweight rating.
The last upgrade for Remitly Global Inc happened on February 22, 2024 when BMO Capital raised their price target to $28. BMO Capital previously had a market perform for Remitly Global Inc.
The last downgrade for Remitly Global Inc happened on December 1, 2023 when Wolfe Research changed their price target from N/A to N/A for Remitly Global Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Remitly Global, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Remitly Global was filed on June 17, 2024 so you should expect the next rating to be made available sometime around June 17, 2025.
While ratings are subjective and will change, the latest Remitly Global (RELY) rating was a maintained with a price target of $20.00 to $16.00. The current price Remitly Global (RELY) is trading at is $12.12, which is out of the analyst’s predicted range.
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