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RELY
(NASDAQ)
Remitly Global, Inc.
$22.87-- (--)
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Remitly Global, Inc. (RELY) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Remitly Global, Inc. stock.

Analyst Consensus Rating

Investment consensus from 6 professional research analysts

Consensus Rating

Buy
Based on 6 unique analysts
(12 total ratings in last 90 days)
Medium Confidence∞:1 Buy/Sell

Average Price Target

$27.80
↑ 21.56% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest RELY Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Will Nance
Goldman Sachs
BuyMaintains
$27.00 → $30.00
Christopher Kennedy
William Blair
BuyReiterates
-
Christopher Kennedy
William Blair
BuyReiterates
-
Ramsey El Assal
Cantor Fitzgerald
BuyMaintains
$28.00
Darrin Peller
Wolfe Research
BuyMaintains
$28.00
Aditya Buddhavarapu
BofA Securities
BuyReiterates
$27.00
Will Nance
Goldman Sachs
BuyMaintains
$27.00
Will Nance
Goldman Sachs
BuyMaintains
$27.00
Ramsey El Assal
Cantor Fitzgerald
BuyMaintains
$24.00 → $28.00
David Scharf
Citizens JMP
BuyMaintains
$22.00 → $26.00
Christopher Kennedy
William Blair
BuyMaintains
$23.00
Darrin Peller
Wolfe Research
BuyReiterates
$20.00 → $28.00

Frequently Asked Questions

What is the analyst consensus rating for RELY?

The analyst consensus rating for RELY is "Buy" based on 6 analyst recommendations.

What is the average price target for RELY?

The average 12-month price target for RELY is $27.80, representing an upside of 21.6% from the current price of $22.87.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.