Remitly Global (RELY) Projected to Release Earnings on Wednesday

Remitly Global (NASDAQ:RELY) is projected to post its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Remitly Global to post earnings of $0.1467 per share and revenue of $507.31 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Remitly Global (NASDAQ:RELY) last announced its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.12 by $0.81. The firm had revenue of $495.16 million for the quarter, compared to analysts’ expectations of $486.25 million. During the same period last year, the company posted $0.03 earnings per share. The business’s revenue for the quarter was up 20.2% compared to the same quarter last year. On average, analysts expect Remitly Global to post $0.85 EPS for the current fiscal year and $0.96 EPS for the next fiscal year.

Remitly Global Trading Down 1.5%

Shares of RELY opened at $24.21 on Wednesday. Remitly Global has a 12 month low of $12.08 and a 12 month high of $27.48. The business’s fifty day simple moving average is $23.82 and its two-hundred day simple moving average is $20.28. The company has a market cap of $5.12 billion, a price-to-earnings ratio of 17.42 and a beta of 0.39.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on RELY. Cantor Fitzgerald boosted their price objective on shares of Remitly Global from $28.00 to $30.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Monness Crespi & Hardt restated a “buy” rating on shares of Remitly Global in a research note on Thursday, August 6th. Citigroup restated an “outperform” rating on shares of Remitly Global in a research note on Thursday, August 6th. Weiss Ratings raised Remitly Global from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 16th. Finally, KeyCorp upped their price objective on Remitly Global from $28.00 to $33.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $27.78.

Insider Buying and Selling at Remitly Global

In other Remitly Global news, CFO Vikas D. Mehta sold 25,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $26.15, for a total transaction of $653,750.00. Following the completion of the sale, the chief financial officer owned 943,735 shares of the company’s stock, valued at approximately $24,678,670.25. The trade was a 2.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Pankaj Sharma sold 21,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $26.39, for a total transaction of $554,190.00. Following the completion of the transaction, the insider owned 716,022 shares of the company’s stock, valued at approximately $18,895,820.58. The trade was a 2.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 478,738 shares of company stock valued at $11,874,000. 6.53% of the stock is owned by corporate insiders.

Remitly Global Company Profile

Remitly Global, Inc is a digital financial services company that enables consumers to send money internationally. Its platform is designed primarily for immigrants and other customers who regularly transfer funds to family and friends in their countries of origin.

Through its mobile application and website, Remitly allows users to initiate cross-border remittances and select delivery options such as bank deposits, mobile-wallet transfers, cash pickup and, in some markets, home delivery.