RemitlyRELY
RELY
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
113% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 32
98% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 48
77% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $9.72M
69% more capital invested
Capital invested by funds: $2.15B [Q3] → $3.63B (+$1.48B) [Q4]
17% more funds holding
Funds holding: 203 [Q3] → 238 (+35) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]
1.1% less ownership
Funds ownership: 82.24% [Q3] → 81.14% (-1.1%) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$25
19%
upside
Avg. target
$30
42%
upside
High target
$33
58%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Barclays Ramsey El-Assal 48% 1-year accuracy 30 / 63 met price target | 38%upside $29 | Overweight Maintained | 24 Feb 2025 |
JP Morgan Tien-Tsin Huang 56% 1-year accuracy 54 / 97 met price target | 43%upside $30 | Overweight Maintained | 20 Feb 2025 |
Goldman Sachs Will Nance 43% 1-year accuracy 18 / 42 met price target | 58%upside $33 | Buy Maintained | 20 Feb 2025 |
BMO Capital Rufus Hone 59% 1-year accuracy 16 / 27 met price target | 53%upside $32 | Outperform Maintained | 20 Feb 2025 |
Wells Fargo Andrew Bauch 34% 1-year accuracy 13 / 38 met price target | 19%upside $25 | Equal-Weight Maintained | 20 Feb 2025 |
Financial journalist opinion
Based on 5 articles about RELY published over the past 30 days
Positive
Seeking Alpha
3 days ago
Remitly Global: Buy This Small-Cap As Growth Will Continue In 2025
Remitly's digital-first approach and AI integration have driven significant growth in revenue, active customers, and operational efficiency, making it a compelling investment. The company has shown impressive international expansion, with 80% growth since 2020. Despite a competitive landscape and potential risks from cryptocurrency and policy changes, Remitly's strong execution and strategic positioning offer a promising outlook.
Positive
Zacks Investment Research
2 weeks ago
Down -28.08% in 4 Weeks, Here's Why Remitly Global (RELY) Looks Ripe for a Turnaround
Remitly Global (RELY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
The Motley Fool
2 weeks ago
2 No-Brainer Hypergrowth Stocks to Buy During This Nasdaq Market Correction
Bear markets can happen quickly. One day, the stock market is trading at all-time highs, and the next thing you know, your portfolio is in a 20% drawdown.
Negative
Benzinga
3 weeks ago
Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry
Spruce Point Capital Management has announced a new short position against Remitly Global Inc RELY as the short seller believes there's reason to be skeptical of the company's financial reporting and valuation.
Neutral
Zacks Investment Research
3 weeks ago
Remitly Global (RELY) Loses -21.87% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Remitly Global (RELY) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Neutral
Seeking Alpha
1 month ago
Remitly Global, Inc. (RELY) Q4 2024 Earnings Call Transcript
Remitly Global, Inc. (NASDAQ:RELY ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Stephen Shulstein - Vice President of Investor Relations Matt Oppenheimer - Co-Founder and Chief Executive Officer Vikas Mehta - Chief Financial Officer Conference Call Participants Andrew Schmidt - Citigroup Rufus Hone - BMO Chris Kennedy - William Blair Darrin Peller - Wolfe Research Alex Markgraff - KBCM Operator Good day, and thank you for standing by. Welcome to the Remitly's Fourth Quarter 2024 Earnings Conference Call.
Negative
Zacks Investment Research
1 month ago
Remitly Global, Inc. (RELY) Reports Q4 Loss, Tops Revenue Estimates
Remitly Global, Inc. (RELY) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.19 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Remitly Reports Fourth Quarter and Full Year 2024 Results Above Outlook
Fourth quarter active customers up 32% and revenue up 33% year over year Fourth quarter net loss was $5.7 million and Adjusted EBITDA was $43.7 million
Neutral
GlobeNewsWire
1 month ago
Remitly to Report Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025
SEATTLE, Feb. 05, 2025 (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 2024 financial results after the market close on Wednesday, February 19, 2025. 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.
Positive
The Motley Fool
2 months ago
Prediction: These 2 Hypergrowth Stocks Will Make Investors Richer in 2025
It paid to bet on hypergrowth stocks in 2024. As the page turns to 2025, what will the market have in store for investors in these fast-moving companies?
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