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Upturn AI Summary - About
Remitly Global Inc(RELY)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for RELY
09/25/2026: RELY (2-star) is currently NOT-A-BUY. Pass it for now.
Remitly Global Inc is a fast-growing digital financial services company focused on simplifying international money transfers for immigrant communities. The stock offers exposure to the migration of legacy remittance volumes to efficient mobile platforms, leveraging a trusted brand and scalable technology. While the company has seen strong revenue growth and expanded its footprint, it faces stiff competition from established incumbents and nimble digital peers, and it continues to work toward consistent GAAP profitability. Investors should monitor customer acquisition costs and the success of cross-selling efforts into other financial products. The company may suit growth-oriented investors, though it carries risks associated with high valuation volatility and market competition.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company's focus on rapid market share expansion in the large global remittance market makes it attractive for those seeking high top-line growth. |
| Momentum investor | Strong fit while signal remains positive | The stock's volatility and reliance on quarterly user growth metrics make it suitable for those watching short-term technical trends. |
| Value investor | Weak fit | Remitly is currently priced based on future growth potential rather than current earnings or book value. |
| Dividend investor | Weak fit | The company does not pay a dividend and reinvests all cash into growth. |
| Low-risk investor | Weak fit | High volatility in the fintech sector and exposure to regulatory/economic risks make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | High growth, non-profitable or early-stage profitable companies often experience significant stock price swings. |
| Valuation risk | Medium / high | The stock is valued heavily on future growth expectations, leaving little room for error in quarterly results. |
| Competition risk | High | Intense competition from well-capitalized digital players like Wise and incumbents like Western Union limits pricing power. |
| Business quality | Medium | While the platform is sticky, the remittance business itself can be commoditized over time. |
| Dividend income | Low / none | No income is returned to shareholders. |
| Execution risk | Medium | Successfully expanding into new corridors and financial products requires complex regulatory and technical execution. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 12.91% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.48B USD | Price to earnings Ratio 14.49 | 1Y Target Price 32.33 |
Price to earnings Ratio 14.49 | 1Y Target Price 32.33 | ||
Volume (30-day avg) 4.0M shares | Beta 0.36 | 52 Weeks Range 12.08 - 27.48 | Updated Date 09/25/2026 |
52 Weeks Range 12.08 - 27.48 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.46 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Remittance Fees | Transaction fees charged to users for sending money internationally. | The primary way the company generates revenue is through transaction-based fees on money transfers. |
| Foreign Exchange Spread | Revenue generated from the difference between the mid-market currency rate and the rate offered to the customer. | Remitly captures a margin on currency conversion, which provides a significant portion of their net revenue. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 14.49 | Forward PE - | Enterprise Value 3.64B | Price to Sales(TTM) 2.48 |
Enterprise Value 3.64B | Price to Sales(TTM) 2.48 | ||
Enterprise Value to Revenue 2.01 | Enterprise Value to EBITDA 16.49 | Shares Outstanding 211.68M | Shares Floating 200.17M |
Shares Outstanding 211.68M | Shares Floating 200.17M | ||
Percent Insiders 5.34 | Percent Institutions 88.61 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Remitly Global Inc
Exchange NASDAQ | Headquarters Seattle, WA, United States | ||
IPO Launch date 2021-09-23 | CEO & Director Mr. Sebastian J. Gunningham | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 3200 | Website https://www.remitly.com |
Full time employees 3200 | Website https://www.remitly.com | ||
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.
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