RELY Stock Summary and Trading Ideas (Remitly Global | NASDAQ:RELY)

Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.

Remitly Global trades on the NASDAQ stock market under the symbol RELY.

As of October 30, 2026, RELY stock price declined to $24.15 with 1,748,367 million shares trading.

RELY has a beta of 2.15, meaning it tends to be more sensitive to market movements. RELY has a correlation of 0.21 to the broad based SPY ETF.

RELY has a market cap of $5.11 billion. This is considered a Mid Cap stock.

Last quarter Remitly Global reported $495 million in Revenue and $.29 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.03.

In the last 3 years, RELY traded as high as $27.62 and as low as $11.60.

The top ETF exchange traded funds that RELY belongs to (by Net Assets): IJR, VTI, IWM, VB, VBK.

RELY has outperformed the market in the last year with a price return of +53.1% while the SPY ETF gained +12.3%. RELY has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +3.0% and 0.0%, respectively, while the SPY returned +2.1% and -1.0%, respectively.

RELY support price is $24.00 and resistance is $25.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RELY shares will trade within this expected range on the day.