Remitly Global Inc
NASDAQ:RELY

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Remitly Global Inc Logo
Remitly Global Inc
NASDAQ:RELY
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Price: 18.77 USD -5.25% Market Closed
Market Cap: $4B

Wall St Price Targets

RELY Price Targets Summary
Remitly Global Inc

Wall Street analysts forecast RELY stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for RELY is 28.8 USD with a low forecast of 26.26 USD and a high forecast of 34.65 USD.

Lowest Forecast
Price Target
26.26 USD
40% Upside
Average Forecast
Price Target
28.8 USD
53% Upside
Highest Forecast
Price Target
34.65 USD
85% Upside
Remitly Global Inc Competitors:
Price Targets
OKTA
Okta Inc
-15% Downside
NXR.UN
Nexus Industrial REIT
10% Upside

Revenue
Forecast

45% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
45% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 5 years, the compound annual growth rate for Revenue has been 45%. The projected CAGR for the next 8 years is 17%.

Gross Profit
Forecast

49% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
49% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
Gross Profit Forecast
is not available for Remitly Global Inc

Operating Income
Forecast

N/A
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss
N/A
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss

The compound annual growth rate for Operating Income over the next 8 years is 28%.

Pre-Tax Income
Forecast

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
Pre-Tax Income Forecast
is not available for Remitly Global Inc

Net Income
Forecast

N/A
Past Growth
49% / Year
Estimated Growth
Estimates Accuracy
-21%
Average Miss
N/A
Past Growth
49% / Year
Estimated Growth
Estimates Accuracy
-21%
Average Miss

The compound annual growth rate for Net Income over the next 3 years is 49%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is RELY's stock price target?
Price Target
28.8 USD

According to Wall Street analysts, the average 1-year price target for RELY is 28.8 USD with a low forecast of 26.26 USD and a high forecast of 34.65 USD.

What is the Revenue forecast for Remitly Global Inc?
Projected CAGR
17%

Over the last 5 years, the compound annual growth rate for Revenue has been 45%. The projected CAGR for the next 8 years is 17%.

What is the Operating Income forecast for Remitly Global Inc?
Projected CAGR
28%

The compound annual growth rate for Operating Income over the next 8 years is 28%.

What is the Net Income forecast for Remitly Global Inc?
Projected CAGR
49%

The compound annual growth rate for Net Income over the next 3 years is 49%.

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