Citigroup reiterated coverage of Remitly Global with a rating of Buy and set a new price target of $23.00 from $24.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/10/2026 | $18.00 | Buy | BofA Securities |
| 1/27/2026 | $17.00 | Overweight | Cantor Fitzgerald |
| 11/6/2025 | $32.00 → $28.00 | Buy | Monness Crespi & Hardt |
| 9/9/2025 | $25.00 | Peer Perform → Outperform | Wolfe Research |
| 5/8/2025 | $30.00 → $32.00 | Buy | Monness Crespi & Hardt |
| 10/31/2024 | $13.00 → $18.00 | Underweight → Equal Weight | Wells Fargo |
| 2/22/2024 | $24.00 → $28.00 | Market Perform → Outperform | BMO Capital Markets |
| 1/17/2024 | $16.00 | Underweight | Wells Fargo |
SEATTLE, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly" or the "Company") today announced the appointment of Sebastian J. Gunningham as Chief Executive Officer ("CEO") and member of the Board of Directors (the "Board"), effective February 19, 2026. Mr. Gunningham succeeds Co-Founder Matt Oppenheimer, who decided to transition the role of CEO to a new leader after nearly 15 years of driving transformative growth that built Remitly into one of the world's leading networks for digital and physical money movement. Mr. Oppenheimer will continue to serve as Chairman of the Board. Sebastian Gunningham brings decades of global leadership and product innovation exp
Reported first full year of GAAP profitabilityRecord fourth quarter results: revenue of $442.2 million, net income of $41.2 million, and Adjusted EBITDA of $88.6 million SEATTLE, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of financial services that transcend borders, reported results for the fourth quarter and full year ended December 31, 2025. "We ended 2025 with very strong results, exceeding our guidance for both revenue and Adjusted EBITDA," said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. "These exceptional results and the strategic accomplishments realized in 2025 create the right moment to accelerate execution wi
SEATTLE , Feb. 06, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of financial services that transcend borders, today announced that it will report fourth quarter and full year 2025 financial results after the market closes on Wednesday, February 18, 2026. 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. Remitly Fourth Quarter and Full Year 2025 Financial Results Conference Call and Webcast Information:When: We
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
BofA Securities initiated coverage of Remitly Global with a rating of Buy and set a new price target of $18.00
Cantor Fitzgerald initiated coverage of Remitly Global with a rating of Overweight and set a new price target of $17.00
Monness Crespi & Hardt reiterated coverage of Remitly Global with a rating of Buy and set a new price target of $28.00 from $32.00 previously
8-K - Remitly Global, Inc. (0001782170) (Filer)
10-K - Remitly Global, Inc. (0001782170) (Filer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
4 - Remitly Global, Inc. (0001782170) (Issuer)
SEATTLE, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly" or the "Company") today announced the appointment of Sebastian J. Gunningham as Chief Executive Officer ("CEO") and member of the Board of Directors (the "Board"), effective February 19, 2026. Mr. Gunningham succeeds Co-Founder Matt Oppenheimer, who decided to transition the role of CEO to a new leader after nearly 15 years of driving transformative growth that built Remitly into one of the world's leading networks for digital and physical money movement. Mr. Oppenheimer will continue to serve as Chairman of the Board. Sebastian Gunningham brings decades of global leadership and product innovation exp
Reported first full year of GAAP profitabilityRecord fourth quarter results: revenue of $442.2 million, net income of $41.2 million, and Adjusted EBITDA of $88.6 million SEATTLE, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of financial services that transcend borders, reported results for the fourth quarter and full year ended December 31, 2025. "We ended 2025 with very strong results, exceeding our guidance for both revenue and Adjusted EBITDA," said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. "These exceptional results and the strategic accomplishments realized in 2025 create the right moment to accelerate execution wi
SAN MATEO, Calif., July 8, 2025 /PRNewswire/ -- Parspec, an AI-native software platform that enables wholesale distributors and sales agents to efficiently bid and supply construction products, today announced it has raised $20 million in Series A funding. The round was led by Threshold Ventures (formerly DFJ), with participation from existing venture investors including Innovation Endeavors, Building Ventures, Heartland Ventures, and Hometeam Ventures. Parspec Raises $20 Million Series A to Modernize the Construction Supply Chain with AIThe global construction industry repres
SEATTLE , Feb. 06, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of financial services that transcend borders, today announced that it will report fourth quarter and full year 2025 financial results after the market closes on Wednesday, February 18, 2026. 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. Remitly Fourth Quarter and Full Year 2025 Financial Results Conference Call and Webcast Information:When: We
SEATTLE, Oct. 21, 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 third quarter financial results after the market close on Wednesday, November 5, 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. Remitly Third Quarter Financial Results Conference Call and Webcast Information:When: Wednesday, November 5th, 2025Time: 2:
SEATTLE, July 21, 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 second quarter financial results after the market close on Wednesday, August 6, 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. Remitly Second Quarter Financial Results Conference Call and Webcast Information:When: Wednesday, August 6th, 2025Time: 2:00
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