Remitly Global (RELY) Projected to Post Quarterly Earnings on Wednesday

Remitly Global (NASDAQ:RELYGet Free Report) is expected to release its Q4 2025 results before the market opens on Wednesday, February 18th. Analysts expect Remitly Global to post earnings of $0.01 per share for the quarter. Parties can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Wednesday, February 18, 2026 at 5:00 PM ET.

Remitly Global Trading Up 1.3%

Shares of RELY stock opened at $13.63 on Wednesday. Remitly Global has a 12-month low of $12.08 and a 12-month high of $27.32. The stock has a market capitalization of $2.85 billion, a P/E ratio of 151.44 and a beta of 0.11. The firm’s 50 day moving average is $13.82 and its 200 day moving average is $15.48.

Wall Street Analyst Weigh In

Several brokerages have issued reports on RELY. Monness Crespi & Hardt dropped their target price on Remitly Global from $32.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Remitly Global in a research report on Monday, December 29th. JPMorgan Chase & Co. cut their price target on Remitly Global from $23.00 to $22.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Zacks Research raised shares of Remitly Global from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $17.00 price target on shares of Remitly Global in a report on Tuesday, January 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Remitly Global presently has a consensus rating of “Moderate Buy” and an average price target of $23.70.

Check Out Our Latest Stock Analysis on RELY

Insider Buying and Selling

In other Remitly Global news, insider Pankaj Sharma sold 3,000 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $15.00, for a total transaction of $45,000.00. Following the completion of the transaction, the insider owned 220,830 shares of the company’s stock, valued at $3,312,450. This represents a 1.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ryno Blignaut sold 4,500 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $13.25, for a total value of $59,625.00. Following the transaction, the director owned 41,576 shares of the company’s stock, valued at approximately $550,882. The trade was a 9.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 48,276 shares of company stock worth $648,169. 8.10% of the stock is owned by insiders.

Institutional Trading of Remitly Global

Hedge funds have recently modified their holdings of the company. Polymer Capital Management US LLC purchased a new position in shares of Remitly Global in the third quarter valued at $659,000. Headlands Technologies LLC bought a new position in Remitly Global during the second quarter valued at $591,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Remitly Global by 38.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,142 shares of the financial services provider’s stock valued at $589,000 after purchasing an additional 10,100 shares during the last quarter. Scientech Research LLC purchased a new position in shares of Remitly Global in the 3rd quarter worth $526,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Remitly Global by 83.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 27,861 shares of the financial services provider’s stock worth $523,000 after buying an additional 12,684 shares during the last quarter. 74.25% of the stock is owned by hedge funds and other institutional investors.

Remitly Global Company Profile

(Get Free Report)

Remitly Global, Inc operates as a digital financial services company specializing in cross-border money transfers. Through its proprietary online platform and mobile applications, the company enables immigrants, expatriates and international workers to send remittances swiftly and securely to their families abroad. By focusing on fast deliverability and transparent pricing, Remitly seeks to streamline a process traditionally dominated by cash-based methods and legacy money transfer operators.

Founded in 2011 by Matt Oppenheimer and headquartered in Seattle, Washington, Remitly has grown from a startup into a publicly traded corporation listed on NASDAQ under the ticker RELY.

Read More

Earnings History for Remitly Global (NASDAQ:RELY)

Receive News & Ratings for Remitly Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Remitly Global and related companies with MarketBeat.com's FREE daily email newsletter.