RELY - Remitly Global - Stock Forecast

Technology - Sector
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RELY is currently covered by 7 analysts with an average price target of $29.11. This is a potential upside of $5.85 (25.15%) from yesterday's end of day stock price of $23.26.

Remitly Global's activity chart (see below) currently has 29 price targets and 60 ratings on display. The stock rating distribution of RELY is 10.53% HOLD, 73.68% BUY and 15.79% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 53.33% with an average time for these price targets to be met of 113.17 days.

Highest price target for RELY is $25, Lowest price target is $18, average price target is $29.11.

Most recent stock forecast was given by DAVID SCHARF from JMP on 31-Oct-2024. First documented stock forecast 18-Oct-2021.

Best performing analysts who are covering RELY - Remitly Global:

David Scharf Josh Beck Will Nance Andrew Bauch Darrin Peller Rufus Hone

Currently out of the existing stock ratings of RELY, 4 are a HOLD (10.53%), 28 are a BUY (73.68%), 6 are a SELL (15.79%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

$25

$2.51 (11.16%)

$22

2 months 17 days ago
(31-Oct-2024)

8/12 (66.67%)

$7.02 (39.04%)

162

Buy

$21

$-1.49 (-6.63%)

$30

2 months 17 days ago
(31-Oct-2024)

6/9 (66.67%)

$3.02 (16.80%)

135

Sell

$18

$-4.49 (-19.96%)

$13

2 months 17 days ago
(31-Oct-2024)

6/6 (100%)

$0.02 (0.11%)

60

Buy

$24

$1.51 (6.71%)

$23

3 months 30 days ago
(18-Sep-2024)

1/5 (20%)

$9.78 (68.78%)

192

Buy

$20

$-2.49 (-11.07%)

$25

6 months 6 days ago
(11-Jul-2024)

8/12 (66.67%)

$7.03 (54.20%)

130

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What is RELY (Remitly Global) average time for price targets to be met?

On average it took 113.17 days on average for the stock forecasts to be realized with a an average price target met ratio 53.33

Which analyst has the current highest performing score on RELY (Remitly Global) with a proven track record?

DAVID SCHARF

Which analyst has the current lower performing score on RELY (Remitly Global) with a proven track record?

RUFUS HONE

Which analyst has the most public recommendations on RELY (Remitly Global)?

David Scharf works at JMP and has 25 price targets and 15 ratings on RELY

Which analyst is the currently most bullish on RELY (Remitly Global)?

David Scharf with highest potential upside - $2.51

Which analyst is the currently most reserved on RELY (Remitly Global)?

Andrew Bauch with lowest potential downside - -$4.49

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