Remitly Global, Inc.

Is Remitly Global, Inc. technically bullish or bearish?

As of October 24, 2025, Remitly Global, Inc. shows a mildly bearish trend with mixed signals, having outperformed the S&P 500 recently but underperformed year-to-date, suggesting a cautious investment approach.

As of 24 October 2025, the technical trend for Remitly Global, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, with key indicators such as the weekly MACD and moving averages both indicating bearish signals. The Bollinger Bands and Dow Theory also reflect a mildly bearish outlook on both weekly and monthly time frames. However, the KST shows a mildly bullish signal on the monthly, suggesting some potential strength. <BR><BR>In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 10.36% and 5.59% respectively, but it remains significantly underperforming year-to-date at -23.79% compared to the S&P 500's 15.47%. Overall, the mixed signals indicate a cautious approach is warranted.

Is Remitly Global, Inc. overvalued or undervalued?

As of August 6, 2025, Remitly Global, Inc. is considered expensive and overvalued due to high valuation ratios and negative returns, especially when compared to its peers and its underperformance against the S&P 500.

As of 6 August 2025, the valuation grade for Remitly Global, Inc. has moved from risky to expensive, indicating a shift towards a less favorable assessment. The company appears to be overvalued, particularly given its high valuation ratios such as a Price to Book Value of 6.07 and an EV to EBITDA of 258.33, which suggest that the market is pricing in significant growth expectations that may not be realized. Additionally, its negative ROCE of -2.62% and ROE of -0.53% further highlight the company's struggles in generating returns.<BR><BR>In comparison to its peers, Remitly's valuation metrics are notably higher; for instance, Medpace Holdings, Inc. has a P/E of 33.13, while Genpact Ltd. stands at 14.38, both indicating more reasonable valuations within the industry. The recent stock performance shows that Remitly has underperformed against the S&P 500, with a year-to-date return of -23.31% compared to the index's 12.22%, reinforcing the notion that the stock may be overvalued given its current financial performance.

How big is Remitly Global, Inc.?

As of Jun 18, Remitly Global, Inc. has a market capitalization of $4.21 billion, with net sales of $1.36 billion and a net profit of -$4.54 million over the latest four quarters. The company reported shareholder's funds of $665.47 million and total assets of $1.01 billion as of Dec 24.

Market Cap: As of Jun 18, Remitly Global, Inc. has a market capitalization of 4,207.64 million, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Remitly Global, Inc. reported net sales of 1,356.46 million and a net profit of -4.54 million.<BR><BR>Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 665.47 million and total assets of 1,012.87 million.

What does Remitly Global, Inc. do?

Remitly Global, Inc. is a small-cap company in the miscellaneous industry, specializing in money transfer services. As of March 2025, it reported net sales of $362 million and a net profit of $11 million, with a market cap of approximately $4.21 billion.

Overview: <BR>Remitly Global, Inc. operates in the miscellaneous industry and is categorized as a small-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 362 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 11 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 4,207.64 Million (Small Cap)<BR><BR>Key Metrics: <BR>P/E: NA (Loss Making) <BR>Industry P/E: NA <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.68 <BR>Return on Equity: -0.53% <BR>Price to Book: 5.82<BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Should I buy, sell or hold Remitly Global, Inc.?