Remitly Global

RELYNASDAQ
$12.12
-0.05-0.41%
At Close: -
$12.12
00.00%
After Hours: 4:06 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$47.00
Lowest Price Target1
$15.00
Consensus Price Target1
$22.80

Remitly Global (NASDAQ:RELY) Stock, Analyst Ratings, Price Targets, Predictions

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.

Analyst Trends and Forecast
0
0
0
0
Mar
0
0
0
0
Apr
3
2
May
2
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
BMO Capital
JMP Securities
JP Morgan
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Remitly Global

Buy NowGet Alert
06/17/2024Buy Now32.01%Barclays
Ramsey El-Assal
$20 → $16MaintainsOverweightGet Alert
06/17/2024Buy Now89.77%BMO Capital
Rufus Hone
$24 → $23MaintainsOutperformGet Alert
06/11/2024Buy Now81.52%JMP Securities
David Scharf
$32 → $22MaintainsMarket OutperformGet Alert
05/06/2024Buy Now65.02%Barclays
Ramsey El-Assal
$25 → $20MaintainsOverweightGet Alert
05/02/2024Buy Now131.02%JP Morgan
Tien-Tsin Huang
$34 → $28MaintainsOverweightGet Alert
05/02/2024Buy Now98.02%BMO Capital
Rufus Hone
$28 → $24MaintainsOutperformGet Alert
05/02/2024Buy Now23.76%Wells Fargo
Andrew Bauch
$17 → $15MaintainsUnderweightGet Alert
05/01/2024Buy Now40.26%Wells Fargo
Andrew Bauch
$19 → $17MaintainsUnderweightGet Alert
04/17/2024Buy Now164.03%JMP Securities
David Scharf
→ $32ReiteratesMarket Outperform → Market OutperformGet Alert
03/20/2024Buy Now139.27%Monness, Crespi, Hardt
Gus Gala
→ $29Initiates → BuyGet Alert
02/22/2024Buy Now56.77%Wells Fargo
Andrew Bauch
$16 → $19MaintainsUnderweightGet Alert
02/22/2024Buy Now131.02%BMO Capital
Rufus Hone
$24 → $28UpgradeMarket Perform → OutperformGet Alert
01/22/2024Buy Now73.27%Barclays
Ramsey El-Assal
$25 → $21MaintainsOverweightGet Alert
01/17/2024Buy Now32.01%Wells Fargo
Andrew Bauch
→ $16Initiates → UnderweightGet Alert
01/11/2024Buy Now106.27%Goldman Sachs
Will Nance
$29 → $25MaintainsBuyGet Alert
12/05/2023Buy Now106.27%BMO Capital
Rufus Hone
→ $25Initiates → Market PerformGet Alert
12/01/2023Buy NowWolfe Research
Darrin Peller
DowngradeOutperform → Peer PerformGet Alert
11/02/2023Buy Now139.27%Goldman Sachs
Will Nance
$34 → $29MaintainsBuyGet Alert
10/18/2023Buy Now147.52%Keybanc
Josh Beck
$25 → $30MaintainsOverweightGet Alert
10/13/2023Buy Now180.53%Goldman Sachs
Will Nance
$25 → $34MaintainsBuyGet Alert
10/12/2023Buy Now180.53%Goldman Sachs
Will Nance
$25 → $34MaintainsBuyGet Alert
09/18/2023Buy Now164.03%JMP Securities
David Scharf
$26 → $32MaintainsMarket OutperformGet Alert
09/12/2023Buy Now147.52%Citigroup
Andrew Schmidt
$25 → $30MaintainsBuyGet Alert
08/22/2023Buy Now180.53%JP Morgan
Tien-Tsin Huang
$23 → $34MaintainsOverweightGet Alert
08/07/2023Buy Now106.27%Barclays
Ramsey El-Assal
$21 → $25MaintainsOverweightGet Alert
08/04/2023Buy Now131.02%Wolfe Research
Darrin Peller
→ $28UpgradePeer Perform → OutperformGet Alert
08/03/2023Buy Now106.27%Goldman Sachs
Will Nance
$22 → $25MaintainsBuyGet Alert
08/03/2023Buy Now106.27%Citigroup
Andrew Schmidt
$23 → $25MaintainsBuyGet Alert
08/03/2023Buy Now114.52%JMP Securities
David Scharf
$21 → $26MaintainsOutperformGet Alert
08/03/2023Buy Now106.27%Keybanc
Josh Beck
$21 → $25MaintainsOverweightGet Alert
07/06/2023Buy Now73.27%JMP Securities
David Scharf
→ $21ReiteratesMarket Outperform → Market OutperformGet Alert
05/08/2023Buy Now73.27%Barclays
Ramsey El-Assal
$20 → $21MaintainsOverweightGet Alert
05/05/2023Buy Now89.77%Citigroup
Andrew Schmidt
$20 → $23MaintainsBuyGet Alert
05/04/2023Buy Now81.52%Goldman Sachs
Will Nance
$20 → $22MaintainsBuyGet Alert
05/04/2023Buy Now73.27%JMP Securities
David Scharf
→ $21Reiterates → Market OutperformGet Alert
04/24/2023Buy Now73.27%JMP Securities
David Strauss
→ $21Reiterates → Market OutperformGet Alert
04/19/2023Buy Now73.27%Keybanc
Josh Beck
$15 → $21MaintainsOverweightGet Alert
04/18/2023Buy Now73.27%JMP Securities
David Scharf
$17 → $21MaintainsOutperformGet Alert
04/13/2023Buy Now65.02%Goldman Sachs
Will Nance
$14.5 → $20MaintainsBuyGet Alert
03/27/2023Buy NowWolfe Research
Darrin Peller
DowngradeOutperform → Peer PerformGet Alert
02/27/2023Buy Now40.26%Barclays
Ramsey El-Assal
$15 → $17MaintainsOverweightGet Alert
02/23/2023Buy Now40.26%JMP Securities
David Scharf
$14 → $17MaintainsMarket PerformGet Alert
02/23/2023Buy Now23.76%Keybanc
Josh Beck
$14 → $15MaintainsOverweightGet Alert
01/30/2023Buy Now23.76%Barclays
Raimo Lenschow
$12 → $15MaintainsOverweightGet Alert
01/09/2023Buy Now15.51%Goldman Sachs
Will Nance
$16 → $14MaintainsBuyGet Alert
10/05/2022Buy Now32.01%Goldman Sachs
Will Nance
$14 → $16MaintainsBuyGet Alert
09/26/2022Buy Now-0.99%Barclays
Ramsey El-Assal
$16 → $12MaintainsOverweightGet Alert
08/04/2022Buy Now15.51%Goldman Sachs
Will Nance
$12.5 → $14MaintainsBuyGet Alert
08/04/2022Buy Now15.51%Keybanc
Josh Beck
$13 → $14MaintainsOverweightGet Alert
08/02/2022Buy Now56.77%Citigroup
Andrew Schmidt
$21 → $19MaintainsBuyGet Alert
08/02/2022Buy Now7.26%Keybanc
Josh Beck
$23 → $13MaintainsOverweightGet Alert
07/15/2022Buy Now15.51%JMP Securities
David Scharf
$22 → $14MaintainsMarket OutperformGet Alert
05/09/2022Buy Now32.01%Barclays
Ramsey El-Assal
$18 → $16MaintainsOverweightGet Alert
05/06/2022Buy Now89.77%Keybanc
Josh Beck
$28 → $23MaintainsOverweightGet Alert
04/08/2022Buy Now15.51%Goldman Sachs
Will Nance
$19 → $14MaintainsBuyGet Alert
03/03/2022Buy Now81.52%JMP Securities
David Scharf
$40 → $22MaintainsMarket OutperformGet Alert
03/03/2022Buy Now89.77%Citigroup
Andrew Schmidt
$24 → $23MaintainsBuyGet Alert
01/26/2022Buy Now98.02%Citigroup
Andrew Schmidt
$47 → $24MaintainsBuyGet Alert
01/14/2022Buy Now188.78%Keybanc
Josh Beck
$48 → $35MaintainsOverweightGet Alert
01/12/2022Buy Now230.03%JMP Securities
David Scharf
$52 → $40MaintainsMarket OutperformGet Alert
12/13/2021Buy Now238.28%Goldman SachsMaintainsBuyGet Alert
11/23/2021Buy Now287.79%CitigroupMaintainsBuyGet Alert
10/28/2021Buy Now246.53%Wolfe Research
Darrin Peller
UpgradePeer Perform → OutperformGet Alert
10/18/2021Buy NowWilliam Blair
Robert Napoli
Initiates → OutperformGet Alert
10/18/2021Buy Now271.29%Wolfe Research
Darrin Peller
Initiates → Peer PerformGet Alert
10/18/2021Buy Now329.04%JMP Securities
David Scharf
Initiates → Market OutperformGet Alert
10/18/2021Buy Now370.3%JP Morgan
Tien-Tsin Huang
Initiates → OverweightGet Alert
10/18/2021Buy Now403.3%Goldman Sachs
Will Nance
Initiates → BuyGet Alert
10/18/2021Buy Now296.04%Barclays
Ramsey El-Assal
Initiates → OverweightGet Alert
10/18/2021Buy Now296.04%Keybanc
Josh Beck
Initiates → OverweightGet Alert

FAQ

Q

What is the target price for Remitly Global (RELY) stock?

A

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.

Q

What is the most recent analyst rating for Remitly Global (RELY)?

A

The latest analyst rating for Remitly Global (NASDAQ:RELY) was provided by Barclays, and Remitly Global maintained their overweight rating.

Q

When was the last upgrade for Remitly Global (RELY)?

A

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.

Q

When was the last downgrade for Remitly Global (RELY)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Remitly Global (RELY)?

A

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.

Q

Is the Analyst Rating Remitly Global (RELY) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

People Also Watch