Remitly Global (NASDAQ:RELY) Shares Gap Up After Better-Than-Expected Earnings

Remitly Global, Inc. (NASDAQ:RELY) gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $13.61, but opened at $16.35. Remitly Global shares last traded at $17.2570, with a volume of 7,721,203 shares traded.

The financial services provider reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.17. The company had revenue of $442.18 million for the quarter, compared to analysts’ expectations of $427.27 million. Remitly Global had a return on equity of 8.87% and a net margin of 4.15%.Remitly Global’s revenue for the quarter was up 25.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.03) EPS.

Trending Headlines about Remitly Global

Here are the key news stories impacting Remitly Global this week:

• Positive Sentiment: Q4 results beat expectations — Remitly reported Q4 EPS of $0.19 (vs. ~$0.02 est.), revenue of $442.2M (+25.7% YoY) and Q4 net income, showing a profit swing vs. last year. This is the proximate driver of the rally as it validates operating leverage and margin progress. Remitly Reports Fourth Quarter and Full Year 2025 Results Above Outlook
• Positive Sentiment: Full‑year growth of 29% — Remitly disclosed FY2025 revenue of $1.635B, up 29% year‑over‑year and driven by an active user surge, supporting the case for sustainable scale in its core remittance markets. Remitly Global (RELY) Reports 2025 Revenue Growth of 29% to $1.635B Driven by Active User Surge
• Positive Sentiment: Upgraded FY2026 guidance — Management issued revenue guidance roughly in the $1.9B–$2.0B range and Q1 revenue guidance above consensus (~$436–$438M vs. ~$428M est.), signaling continued double‑digit growth and giving analysts room to raise estimates. That guidance underpins the stock’s move higher. Why Remitly Global Stock Rocketed 30% Higher This Week
• Positive Sentiment: Leadership change seen favorably — The company appointed Sebastian J. Gunningham as CEO; the market treated the management transition as constructive alongside the strong results. Leadership clarity reduces execution risk. Remitly Appoints Sebastian J. Gunningham as Chief Executive Officer
• Positive Sentiment: Analyst support — Citizens Jmp raised its price target to $22 with a market‑outperform stance, which reinforces buy-side momentum and gives technical/psychological support to the rally. Analyst Price Target Raise
• Neutral Sentiment: Earnings‑call materials and transcripts posted — Conference call transcript and slide deck are available for investors digging into unit economics, geographic mix and GTM commentary; these details will shape whether momentum is sustained. Remitly (RELY) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Market reaction coverage — Multiple outlets note the stock’s 20–30%+ move on the combination of results, guidance and leadership change; that coverage explains the price action but doesn’t add new fundamental information. Why Remitly Global Stock Rocketed 30% Higher This Week

Analyst Ratings Changes

Several research firms recently issued reports on RELY. Cantor Fitzgerald reissued an “overweight” rating on shares of Remitly Global in a research note on Thursday. Zacks Research upgraded Remitly Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. The Goldman Sachs Group boosted their target price on Remitly Global from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. dropped their price target on Remitly Global from $23.00 to $22.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Finally, Oppenheimer set a $20.00 price target on shares of Remitly Global in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.44.

Insider Activity at Remitly Global

In related news, insider Pankaj Sharma sold 2,000 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $13.70, for a total value of $27,400.00. Following the sale, the insider directly owned 218,830 shares of the company’s stock, valued at $2,997,971. This represents a 0.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ryno Blignaut sold 4,500 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $12.89, for a total value of $58,005.00. Following the transaction, the director directly owned 32,576 shares of the company’s stock, valued at $419,904.64. This represents a 12.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,776 shares of company stock worth $733,574 over the last ninety days. 7.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Remitly Global

Hedge funds have recently bought and sold shares of the business. Torren Management LLC bought a new position in shares of Remitly Global during the fourth quarter valued at approximately $25,000. Essex Investment Management Co. LLC purchased a new stake in shares of Remitly Global in the 3rd quarter worth approximately $33,000. Cullen Frost Bankers Inc. bought a new position in Remitly Global during the 4th quarter valued at approximately $28,000. First Horizon Corp bought a new position in Remitly Global during the 3rd quarter valued at approximately $36,000. Finally, GAMMA Investing LLC raised its stake in Remitly Global by 280.2% during the fourth quarter. GAMMA Investing LLC now owns 2,209 shares of the financial services provider’s stock valued at $30,000 after buying an additional 1,628 shares during the last quarter. Institutional investors own 74.25% of the company’s stock.

Remitly Global Stock Up 0.1%

The firm has a market capitalization of $3.61 billion, a P/E ratio of 55.32 and a beta of 0.11. The company has a fifty day simple moving average of $13.82 and a 200 day simple moving average of $15.36. The company has a quick ratio of 2.88, a current ratio of 3.30 and a debt-to-equity ratio of 0.18.

Remitly Global Company Profile

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.