20.83
price up icon0.10%   0.02
 
loading

Remitly Global Inc Stock (RELY) Forecast

The Remitly Global Inc (RELY) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $3.7395, representing a -82.05% decrease from the current price of $20.83. The highest analyst price target is $5.4095, and the lowest is $2.0695.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month RELY Price Target
Average 5.4392 (-73.89% Downside)
loading

Is Remitly Global Inc (RELY) A Buy Now?

Oscillators
Name Value Action
RSI(14) 74.15 Sell
STOCH(9,6) 77.96 Neutral
STOCHRSI(14) 15.76 Buy
MACD(12,26) 1.3314 Sell
ADX(14) 62.44 Buy
William %R -22.55 Neutral
CCI(14) 87.33 Neutral
Buy: 2 Sell: 2 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
20.35
Buy
20.35
Buy
MA20
19.80
Buy
19.40
Buy
MA50
16.26
Buy
17.28
Buy
MA100
14.96
Buy
16.11
Buy
MA200
15.89
Buy
16.54
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, RELY could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 2 signaling Sell signals and 3 Neutral signals. This might be a good time to open fresh positions on RELY, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 74.15 indicates that RELY is overbought. This suggests that RELY price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
  2. STOCH (Stochastic Oscillator): The STOCH value of 77.96 indicates that RELY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 15.76 indicates that RELY is oversold. This suggests that RELY price is at or near the lowest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 62.44 suggests an extremely strong trend in the market. Such high values are relatively rare and indicate a very robust directional movement.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 87.33 indicates that RELY is still overbought but not to an extreme extent.

Long-term RELY price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Remitly Global Inc financial reports and earnings history, Remitly Global Inc (RELY) stock could reach $2.8502 by 2030, $21.53 by 2040 and $65.96 by 2050. See the projected annual prices until 2050 of the Remitly Global Inc stock below:

  • Remitly Global Inc (RELY) is expected to reach an average price of $1.3232 in 2035, with a high prediction of $3.787 and a low estimate of $1.7503. This indicates an $-93.65% rise from the last recorded price of $20.83.
  • Remitly Global Inc (RELY) stock is projected to chart a bullish course in 2040, with an average price target of $22.05, representing an $5.84% surge from its current level. The forecast ranges from a conservative $21.70 to a sky-high $21.53.
  • Our analysts predict Remitly Global Inc (RELY) to jump 117.68% by 2045, soaring from $45.82 to an average price of $45.34, potentially reaching $45.42. While $45.82 is the low estimate, the potential upside is significant.
  • Remitly Global Inc (RELY) stock is expected to climb by 2050, reaching an average of $66.03, a $216.98% jump from its current level. However, a wide range of estimates exists, with high and low targets of $65.96 and $65.74, respectively, highlighting the market's uncertainty.

Remitly Global Inc Stock (RELY) Year by Year Forecast

Remitly Global Inc Stock (RELY) Price Forecast for 2024

Our forecast for RELY stock price in 2024 now indicates an average price target of $11.22 with a high forecast of $22.08 and a low forecast of $0.3564. The average prediction reflects an decrease of -46.14% from the last recorded price of $20.83.
Month Average Low High Change from today's price
December, 2024 $2.0895 $2.0695 $5.4095 -89.97%

Remitly Global Inc Stock (RELY) Price Forecast for 2025

Remitly Global Inc Stock (RELY) is expected to reach an average price of $6.1933 in 2025, with a high prediction of $12.10 and a low estimate of $0.2895. This indicates an -70.27% fall from the last recorded price of $20.83.
Month Average Low High Change from today's price
January, 2025 $1.6828 $0.2895 $2.2879 -91.92%
February, 2025 $4.0394 $0.7096 $6.3594 -80.61%
March, 2025 $3.876 $3.3694 $5.1627 -81.39%
April, 2025 $4.0793 $2.3893 $5.156 -80.42%
May, 2025 $4.4359 $2.5926 $4.6459 -78.70%
June, 2025 $3.6025 $2.0459 $4.9226 -82.71%
July, 2025 $2.7558 $2.6308 $4.3758 -86.77%
August, 2025 $5.2424 $2.1324 $5.2524 -74.83%
September, 2025 $6.309 $4.6657 $6.659 -69.71%
October, 2025 $8.6623 $4.609 $8.6923 -58.41%
November, 2025 $10.41 $7.9256 $10.59 -50.03%
December, 2025 $11.82 $9.6518 $12.10 -43.24%

Remitly Global Inc Stock (RELY) Price Forecast for 2026

The predicted value for Remitly Global Inc (RELY) in 2026 is set at an average of $16.02. Estimates vary from a peak of $21.94 to a trough of $10.09, indicating an -23.12% surge from the present price of $20.83.
Month Average Low High Change from today's price
January, 2026 $11.95 $10.56 $12.86 -42.64%
February, 2026 $12.55 $11.52 $13.68 -39.77%
March, 2026 $12.85 $11.50 $13.75 -38.30%
April, 2026 $17.82 $11.92 $18.30 -14.47%
May, 2026 $19.09 $17.72 $19.68 -8.34%
June, 2026 $20.60 $17.97 $20.69 -1.11%
July, 2026 $13.04 $11.87 $21.94 -37.39%
August, 2026 $15.65 $13.66 $17.09 -24.88%
September, 2026 $13.61 $11.90 $15.49 -34.65%
October, 2026 $11.16 $10.09 $13.41 -46.43%
November, 2026 $12.70 $10.78 $12.93 -39.01%
December, 2026 $14.54 $11.85 $16.42 -30.21%

Remitly Global Inc Stock (RELY) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Remitly Global Inc (RELY) is $8.2689, with a high forecast of $16.21 and a low forecast of $0.3231. This indicates an -60.30% decrease from the last price of $20.83.
Month Average Low High Change from today's price
January, 2027 $13.56 $13.47 $16.21 -34.88%
February, 2027 $12.67 $11.56 $13.77 -39.19%
March, 2027 $3.5732 $1.4532 $11.91 -82.85%
April, 2027 $0.5136 $0.3231 $6.5265 -97.53%
May, 2027 $4.1603 $2.4602 $3.1636 -80.03%
June, 2027 $4.9538 $4.247 $4.2571 -76.22%
July, 2027 $5.2106 $5.5506 $5.3672 -74.99%
August, 2027 $5.0174 $5.169 $4.6873 -75.91%
September, 2027 $3.3008 $5.1408 $6.3074 -84.15%
October, 2027 $5.7676 $3.7842 $5.0876 -72.31%
November, 2027 $5.5744 $6.3693 $6.4577 -73.24%
December, 2027 $2.3678 $3.5678 $5.5111 -88.63%

Remitly Global Inc Stock (RELY) Price Forecast for 2028

In 2028, Remitly Global Inc (RELY) is projected to reach an average price of $3.8593, with a high projection of $7.3374 and a low estimate of $0.3812. This indicates an -81.47% fall from the last price of $20.83.
Month Average Low High Change from today's price
January, 2028 $3.6346 $3.4945 $3.1766 -82.55%
February, 2028 $2.9614 $3.373 $3.0747 -85.78%
March, 2028 $2.2949 $2.6099 $3.0015 -88.98%
April, 2028 $3.0116 $4.0716 $3.0383 -85.54%
May, 2028 $3.9751 $3.695 $3.9151 -80.92%
June, 2028 $1.2719 $1.8219 $2.0918 -93.89%
July, 2028 $1.2987 $1.462 $1.2153 -93.77%
August, 2028 $1.9879 $0.3812 $2.7379 -90.46%
September, 2028 $3.8511 $1.3512 $4.5711 -81.51%
October, 2028 $5.3643 $3.1773 $5.6393 -74.25%
November, 2028 $6.4408 $4.1675 $6.4608 -69.08%
December, 2028 $6.2041 $5.1942 $7.3374 -70.22%

Remitly Global Inc Stock (RELY) Price Forecast for 2029

The 2029 price forecast for Remitly Global Inc Stock (RELY) is $8.0018 on average, with a high prediction of $15.93 and a low estimate of $0.07. This represents an -61.59% decrease from the previous price of $20.83.
Month Average Low High Change from today's price
January, 2029 $6.8306 $5.3174 $7.9073 -67.21%
February, 2029 $12.58 $5.8239 $13.07 -39.59%
March, 2029 $13.82 $11.99 $13.84 -33.67%
April, 2029 $14.17 $11.91 $15.07 -31.97%
May, 2029 $9.4168 $5.9135 $15.93 -54.79%
June, 2029 $9.18 $8.46 $11.16 -55.93%
July, 2029 $7.8032 $6.0606 $9.6333 -62.54%
August, 2029 $5.6898 $4.3465 $7.6165 -72.68%
September, 2029 $9.823 $5.4931 $10.76 -52.84%
October, 2029 $9.6195 $8.5615 $10.64 -53.82%
November, 2029 $7.4927 $7.1227 $10.15 -64.03%
December, 2029 $1.76 $0.07 $8.116 -91.55%

Remitly Global Inc Stock (RELY) Price Forecast for 2030

Remitly Global Inc Stock (RELY) is expected to reach an average price of $6.9758 in 2030, with a high forecast of $13.73 and a low forecast of $0.22. This signifies an -66.51% decrease from the last price of $20.83.
Month Average Low High Change from today's price
January, 2030 $1.8402 $0.22 $2.8502 -91.17%
February, 2030 $10.05 $4.0202 $7.7504 -51.75%
March, 2030 $10.65 $11.91 $10.87 -48.87%
April, 2030 $12.56 $12.37 $11.88 -39.70%
May, 2030 $12.22 $12.73 $12.94 -41.33%
June, 2030 $11.27 $12.66 $11.32 -45.89%
July, 2030 $11.17 $11.62 $13.73 -46.37%
August, 2030 $12.69 $11.14 $12.41 -39.07%
September, 2030 $12.99 $13.77 $13.73 -37.63%
October, 2030 $10.59 $10.65 $11.92 -49.15%
November, 2030 $9.522 $10.59 $10.28 -54.29%
December, 2030 $10.22 $10.45 $10.13 -50.93%
software_infrastructure ZS
$204.96
price down icon 2.54%
software_infrastructure NET
$99.37
price down icon 2.80%
software_infrastructure SQ
$88.78
price down icon 0.26%
$94.06
price down icon 2.47%
$547.74
price down icon 1.12%
$347.59
price down icon 4.59%
Cap:     |  Volume (24h):