Remitly Global Stock Target Price and Analyst Consensus

RELY Stock  USD 21.09  0.51  2.36%   
The current analyst and expert consensus on Remitly Global is Strong Buy, with 4 strong buy opinions. The current projected Remitly Global target price consensus is 25.11 with 11 analyst opinions. Check out Macroaxis Advice on Remitly Global to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.
The most common way Remitly Global analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Remitly Global executives and customers to further validate their buy or sell advice. Remitly Global buy-or-sell recommendation module provides average expert sentiment on the projected Remitly Global target price to derive its highest and lowest estimates based on projected price volatility of 2.2809.
Lowest Forecast
22.85
Highest Forecast
27.87
Target Price
25.11
Gross Profit is likely to rise to about 785.9 M in 2025, whereas Pretax Profit Margin is likely to drop (0.03) in 2025. At this time, Remitly Global's Other Current Assets are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 579.7 M in 2025, whereas Total Assets are likely to drop slightly above 962.2 M in 2025.
  
It's important to approach Remitly Global's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Remitly Global Target Price Consensus

Remitly target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Remitly Global's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   11  Strong Buy
Strong BuyBuyHoldStrong Buy36.4%Buy45.5%Hold18.2%Sell0.0%Strong Sell0.0%100%
Most Remitly analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Remitly stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Remitly Global, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Remitly Global Target Price Projection

Remitly Global's current and average target prices are 21.09 and 25.11, respectively. The current price of Remitly Global is the price at which Remitly Global is currently trading. On the other hand, Remitly Global's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Remitly Global Market Quote on 8th of March 2025

Low Price20.32Odds
High Price21.83Odds

21.09

Target Price

Analyst Consensus On Remitly Global Target Price

Low Estimate22.85Odds
High Estimate27.87Odds

25.1111

Historical Lowest Forecast  22.85 Target Price  25.11 Highest Forecast  27.87
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Remitly Global and the information provided on this page.

Remitly Global Analyst Ratings

Remitly Global's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Remitly Global stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Remitly Global's financials, market performance, and future outlook by experienced professionals. Remitly Global's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

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JavaScript chart by amCharts 3.21.15Strong Buy Buy Hold Sell Strong Sell

Average Consensus Estimates

JavaScript chart by amCharts 3.21.15Three Month AgoTwo Months AgoOne Month AgoCurrentStrong SellSellHoldBuyStrong Buy
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Remitly Global price targets

Remitly Global's stock target price is an estimate of its future price, usually made by analysts. Using Remitly Global's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Remitly Global's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Remitly Global's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Remitly Global Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Remitly Global is a key component of Remitly Global valuation and have some predictive power on the future returns of a Remitly Global.
Hype
Prediction
LowEstimatedHigh
18.8421.1223.40
Details
Intrinsic
Valuation
LowRealHigh
18.9825.3927.67
Details
Naive
Forecast
LowNextHigh
17.1819.4621.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.16-0.140.18
Details

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Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.