Date | Price Target | Rating | Analyst |
---|---|---|---|
2/22/2024 | $24.00 → $28.00 | Market Perform → Outperform | BMO Capital Markets |
1/17/2024 | $16.00 | Underweight | Wells Fargo |
12/5/2023 | $25.00 | Market Perform | BMO Capital Markets |
12/1/2023 | Outperform → Peer Perform | Wolfe Research | |
8/4/2023 | $28.00 | Peer Perform → Outperform | Wolfe Research |
3/27/2023 | Outperform → Peer Perform | Wolfe Research | |
3/3/2022 | $40.00 → $22.00 | Market Outperform | JMP Securities |
3/3/2022 | $24.00 → $23.00 | Buy | Citigroup |
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
SC 13G/A - Remitly Global, Inc. (0001782170) (Subject)
SC 13G/A - Remitly Global, Inc. (0001782170) (Subject)
SC 13G/A - Remitly Global, Inc. (0001782170) (Subject)
SEATTLE, July 19, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that it will report second quarter 2024 financial results after the market close on Wednesday, July 31, 2024. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. Remitly Second Quarter 2024 Financial Results Conference Call and Webcast Information:When: Wednesday, July 31st, 2024Ti
SEATTLE, April 17, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that it will report first quarter 2024 financial results after the market close on Wednesday, May 1, 2024. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. Remitly First Quarter 2024 Financial Results Conference Call and Webcast Information:When: Wednesday, May 1st, 2024Time: 2
SEATTLE, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that it will report fourth quarter and full year 2023 financial results after the market close on Wednesday, February 21, 2024. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. Remitly Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast Information:Wh
SEATTLE, July 31, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of seasoned finance executive Vikas Mehta as Chief Financial Officer, succeeding Hemanth Munipalli, effective August 19, 2024. Munipalli is leaving for family reasons, and will oversee an orderly transition, remaining with the company through September 30, 2024. "I am delighted to welcome Vikas to Remitly as our Chief Financial Officer," said Matt Oppenheimer, Co-founder and CEO of Remitly. "Vikas's impressive track record leading finance functions at high-growth companies, experience driving public company
SEATTLE, May 07, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of Ronit Peled as Chief People Officer. "We are thrilled to welcome Ronit Peled to Remitly as our new Chief People Officer," said Matt Oppenheimer, Co-founder & CEO of Remitly. "Ronit brings a track record of strategic business leadership, a deep commitment to people and culture, and clear alignment with Remitly's values. As team and culture have always been a differentiator for Remitly and key focus for me, I look forward to seeing Ronit's talents in action and the impact she will drive for our people, cust
SEATTLE, April 06, 2023 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a leading digital financial services provider for immigrants and their families, today announced the appointments of Phyllis Campbell and Ryno Blignaut to its Board of Directors. "We are delighted to welcome Phyllis and Ryno to Remitly's Board of Directors," said Matt Oppenheimer, CEO of Remitly. "They each bring with them a wealth of knowledge and leadership experience to complement our existing team of accomplished directors. I'm grateful for their passion and dedication to our customer-centric vision for the future of digital financial services." Campbell and Blignaut bring decades of leaders
SEATTLE, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that its management team will present at the 2024 Goldman Sachs Communacopia + Technology Conference Date: Wednesday, September 11, 2024 Time: 4:25pm Pacific Time / 7:25pm Eastern Time The presentation will be webcast live from Remitly's investor relations website at https://ir.remitly.com/. A replay of the event will be available on the investor relations website following the presentation. About Remitly Remitly is a trusted provider of digital financial services that transcend borders. With a global footp
SEATTLE, July 31, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of seasoned finance executive Vikas Mehta as Chief Financial Officer, succeeding Hemanth Munipalli, effective August 19, 2024. Munipalli is leaving for family reasons, and will oversee an orderly transition, remaining with the company through September 30, 2024. "I am delighted to welcome Vikas to Remitly as our Chief Financial Officer," said Matt Oppenheimer, Co-founder and CEO of Remitly. "Vikas's impressive track record leading finance functions at high-growth companies, experience driving public company
Active customers up 36% year over yearRevenue up 31% year over yearNet loss improved 36% year over year; Adjusted EBITDA up 23% year over year SEATTLE, July 31, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, reported results for the second quarter ended June 30, 2024. "We are pleased with our second quarter performance as our product experience delights both new and existing customers," said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. "Our differentiated positioning, focus on building long-term customer trust, and our increasing global scale enabled these strong results. Looking
BMO Capital Markets upgraded Remitly Global from Market Perform to Outperform and set a new price target of $28.00 from $24.00 previously
Wells Fargo initiated coverage of Remitly Global with a rating of Underweight and set a new price target of $16.00
BMO Capital Markets initiated coverage of Remitly Global with a rating of Market Perform and set a new price target of $25.00
10-Q - Remitly Global, Inc. (0001782170) (Filer)
8-K - Remitly Global, Inc. (0001782170) (Filer)
8-K - Remitly Global, Inc. (0001782170) (Filer)
Across the recent three months, 10 analysts have shared their insights on Remitly Global (NASDAQ:RELY), expressing a variety of opinions spanning from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 7 0 2 0 Last 30D 1 0 0 0 0 1M Ago 0 3 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 4 0 2 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $21.7, a high estimate of $32.00, and a low estimate of $15.00. Experi
Goldman Sachs analyst Will Nance maintains Remitly Global (NASDAQ:RELY) with a Buy and lowers the price target from $23 to $20.
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. WEX Inc (NYSE:WEX) On June 5, WEX named Sara Trickett as Chief Legal Officer and Corporate Secretary. The company's stock fell