Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Remitly Global, Inc. before investing.

In this article, we go over a few key elements for understanding Remitly Global, Inc.’s stock price such as:

• Remitly Global, Inc.’s current stock price and volume
• Why Remitly Global, Inc.’s stock price changed recently
• Upgrades and downgrades for RELY from analysts
• RELY’s stock price momentum as measured by its relative strength

About Remitly Global, Inc. (RELY)

Before we jump into Remitly Global, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

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Remitly Global, Inc.’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Remitly Global, Inc.’s stock price was $22.770.

Remitly Global, Inc. is down 2.9% from its previous closing price of $23.450.

During the last market session, Remitly Global, Inc.’s stock traded between $22.340 and $23.570. Currently, there are approximately 211.03 million shares outstanding for Remitly Global, Inc..

Remitly Global, Inc.’s price-earnings (P/E) ratio is currently at 46.5, which is high compared to the Financial Services industry median of 15.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Remitly Global, Inc. Stock Price History

Remitly Global, Inc.’s (RELY) price is currently up 1.61% so far this month.

During the month of July, Remitly Global, Inc.’s stock price has reached a high of $25.750 and a low of $22.320.

Over the last year, Remitly Global, Inc. has hit prices as high as $25.750 and as low as $12.080. Year to date, Remitly Global, Inc.’s stock is up 65%.

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What Caused Remitly Global, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there was 1 analyst who downgraded Remitly Global, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Remitly Global, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Remitly Global, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Remitly Global, Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Remitly Global, Inc. (RELY) by visiting AAII Stock Evaluator.

Relative Price Strength of Remitly Global, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Remitly Global, Inc. has a weighted four-quarter relative price strength of 5.94%, which translates to a Momentum Score of 73 and is considered to be Strong.

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Remitly Global, Inc. Stock Price: Bottom Line

As of July 31, 2026, Remitly Global, Inc.’s stock price is $22.770, which is down 2.9% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Remitly Global, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.