The latest price target for Remitly Global (NASDAQ:RELY) was reported by Barclays on November 18, 2024. The analyst firm set a price target for $23.00 expecting RELY to rise to within 12 months (a possible 14.48% upside). 28 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 October 31, 2024 when Wells Fargo raised their price target to $18. Wells Fargo previously had an underweight 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 November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 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 $23.00. The current price Remitly Global (RELY) is trading at is $20.09, which is within the analyst’s predicted range.