Remitly Global (RELY) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Remitly Global (NASDAQ: RELY) recently:

• 5/11/2026 – Remitly Global had its price target raised by Cantor Fitzgerald from $24.00 to $28.00. They now have an “overweight” rating on the stock.
• 5/7/2026 – Remitly Global had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $27.00 price target on the stock.
• 5/7/2026 – Remitly Global had its “outperform” rating reaffirmed by Citigroup Inc..
• 5/7/2026 – Remitly Global had its price target raised by Citizens Jmp from $22.00 to $26.00. They now have a “market outperform” rating on the stock.
• 5/7/2026 – Remitly Global had its price target raised by Monness Crespi & Hardt from $30.00 to $33.00. They now have a “buy” rating on the stock.
• 4/21/2026 – Remitly Global had its price target raised by KeyCorp from $21.00 to $23.00. They now have an “overweight” rating on the stock.
• 4/21/2026 – Remitly Global had its price target raised by Cantor Fitzgerald from $20.00 to $24.00. They now have an “overweight” rating on the stock.
• 4/20/2026 – Remitly Global was downgraded by Zacks Research from “strong-buy” to “hold”.
• 4/1/2026 – Remitly Global was upgraded by Freedom Capital to “strong-buy”.
• 3/28/2026 – Remitly Global was downgraded by Wall Street Zen from “strong-buy” to “buy”.

Insider Activity at Remitly Global

In other news, insider Ltd Naspers sold 12,000,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $15.98, for a total transaction of $191,760,000.00. Following the completion of the sale, the insider owned 13,441,745 shares in the company, valued at approximately $214,799,085.10. This represents a 47.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Pankaj Sharma sold 10,000 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $20.00, for a total value of $200,000.00. Following the sale, the insider owned 665,878 shares of the company’s stock, valued at approximately $13,317,560. This trade represents a 1.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,161,520 shares of company stock worth $194,745,702 in the last 90 days. Insiders own 6.53% of the company’s stock.

Remitly Global, Inc operates as a digital financial services company specializing in cross-border money transfers. Through its proprietary online platform and mobile applications, the company enables immigrants, expatriates and international workers to send remittances swiftly and securely to their families abroad. By focusing on fast deliverability and transparent pricing, Remitly seeks to streamline a process traditionally dominated by cash-based methods and legacy money transfer operators.

Founded in 2011 by Matt Oppenheimer and headquartered in Seattle, Washington, Remitly has grown from a startup into a publicly traded corporation listed on NASDAQ under the ticker RELY.