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RELY · NASDAQ · STOCK

Remitly Global, Inc.

Technology Updated August 11, 2026
$23.61
52W $12.08 – $27.15
65/100
$4.97B
16.3
0.34
AI Committee Verdict
Buy
65/100
Conviction: Moderate · 67% agreement · 6 analysts
Moderate

Is RELY Bullish or Bearish?

Bullish. Innellis AI committee rates Remitly Global, Inc. (RELY) Buy with a composite score of 65/100 , based on 6 analysts with 67% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +9.88 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -10.12 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is vix regime is low -- calm backdrop supports risk-taking. The main limiting factor is macd histogram negative -- bearish momentum. The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • ROE of 33.0% shows genuine earnings power backing the valuation — Value
  • EPS growing 2130.0% YoY — Growth
  • Price structure making higher highs and higher lows — Technical
  • Trend and market structure agree -- coherent bullish picture — Technical
  • Low leverage (debt-to-equity 0.18) -- balance sheet can absorb a shock — Risk
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
  • MACD histogram negative -- bearish momentum — Technical
  • Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend — Technical
  • Bollinger bandwidth of 15.3% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
65/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 12%
of 284 Technology peers
Value Analyst bullish
65 / 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ ROE of 33.0% shows genuine earnings power backing the valuation
Growth Analyst bullish
75 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ EPS growing 2130.0% YoY
Technical Analyst neutral
51 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst neutral
58 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.18) -- balance sheet can absorb a shock
− Bollinger bandwidth of 15.3% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
64 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.21 across 14 articles, 14d)
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
48.0
Neutral
MACD Histogram
-0.066
Bearish Momentum
Trend Direction
Uptrend
Weekly: Downtrend
Market Structure
Hh Hl
Support
$17.70
Resistance
$24.70
Bollinger %B
0.45
Inside Bands
Price vs Moving Averages
EMA 9
$23.92 Below
EMA 21
$23.64 Below
EMA 50
$22.69 Above
EMA 200
$19.71 Above

Fundamental Analysis

Valuation
83
Profitability
67
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 16.3×
P/B Ratio 4.42×
PEG Ratio 0.01
Dividend Yield 0.00%
52W High $27.15
52W Low $12.08
Quality & Growth
ROE 781.9%
ROA 465.7%
Gross Margin 6001.2%
Operating Margin 1010.1%
Revenue Growth YoY
Debt / Equity 0.03
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 16.3 (inexpensive relative to a 15-40x range); Price-to-book of 4.4x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 7.8%; Return on assets of 4.7%; Net margin of 16.9%; Gross margin of 60.0%; Current ratio of 3.18 (healthy short-term liquidity); Debt-to-equity of 0.03; Free cash flow per share is positive (2.07); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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