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Remitly Global (RELY, Payments) Stock Valuation & Fair Value

Mixed on our tests

Remitly Global (RELY, Payments) trades at a current P/E of 17.2, about 80% below its historical normal valuation, with a forward growth estimate of 2.0% and a PEG of 8.73. Priced at its historical normal P/E of 87.8 on the same blended earnings, the 2026-11-06 close of $22.32 corresponds to about $114 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
17.2
Normal P/E
87.8
PEG
8.73
Fwd growth
2.0%
Div yield
0.0%
RSI (14)
42.8
Neutral
Technical context
  • Price $22.32 at the Nov 6 close, 8.4% below the 20-day average ($24.38) and 5.4% below the 50-day ($23.59).
  • RSI (14) at 42.8.
  • 52-week range $12.20 to $27.08: the price is 17.6% below the high and 83.0% above the low.

The Street vs SeerForecast

Wall Street's mean price target for RELY is $32.11 across 9 analysts, 43.9% above the current price. The average analyst rating is Strong Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating changed 4 times after 2026-07-31 and is back where it started: mixed on our tests as of 2026-11-02.

Current P/E and rating by weekCurrent P/E moved from 46.3 to 18.6 between 2026-07-31 and 2026-10-30, against a normal P/E of 87.8, with 4 rating changes over 14 recorded weeks.2026-07-31: P/E 46.3, Mixed on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 44.9, Mixed on our tests, recorded live 2026-08-032026-08-07: P/E 44.9, Mixed on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 24.7, Poor on forward returns, recorded live 2026-08-102026-08-14: P/E 24.7, Poor on forward returns, recalculated for the week of 2026-08-142026-08-14: P/E 25.3, Poor on forward returns, recorded live 2026-08-172026-08-21: P/E 25.3, Poor on forward returns, recalculated for the week of 2026-08-212026-08-21: P/E 25.1, Poor on forward returns, recorded live 2026-08-242026-08-27: P/E 25.1, Poor on forward returns, recalculated for the week of 2026-08-272026-08-28: P/E 25.1, Poor on forward returns, recalculated for the week of 2026-08-282026-08-28: P/E 25.1, Poor on forward returns, recalculated for the week of 2026-08-302026-08-28: P/E 24.4, Poor on forward returns, recorded live 2026-08-312026-09-04: P/E 24.4, Poor on forward returns, recalculated for the week of 2026-09-052026-09-04: P/E 23.6, Poor on forward returns, recorded live 2026-09-072026-09-11: P/E 23.6, Poor on forward returns, recalculated for the week of 2026-09-122026-09-11: P/E 19.4, Weak on forward returns, recorded live 2026-09-142026-09-18: P/E 19.4, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 19.0, Weak on forward returns, recorded live 2026-09-212026-09-25: P/E 19.0, Weak on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 18.2, Weak on forward returns, recorded live 2026-09-282026-10-02: P/E 18.2, Weak on forward returns, recalculated for the week of 2026-10-032026-10-02: P/E 18.0, Weak on forward returns, recorded live 2026-10-052026-10-09: P/E 18.0, Weak on forward returns, recalculated for the week of 2026-10-102026-10-09: P/E 19.6, Weak on forward returns, recorded live 2026-10-122026-10-16: P/E 19.6, Weak on forward returns, recalculated for the week of 2026-10-172026-10-16: P/E 19.3, Weak on forward returns, recorded live 2026-10-192026-10-23: P/E 19.5, Poor on forward returns, recorded live 2026-10-262026-10-30: P/E 19.5, Mixed on our tests, recalculated for the week of 2026-10-312026-10-30: P/E 18.6, Mixed on our tests, recorded live 2026-11-0220.040.060.080.0Jul 31Aug 23Sep 15Oct 7Oct 30Normal P/E 87.8
Mixed on our testsWeak on forward returnsPoor on forward returnsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 46.3-47%Mixed on our tests (recalculated)
2026-08-10P/E 24.7-72%Poor on forward returns
2026-09-14P/E 19.4-78%Weak on forward returns
2026-10-05P/E 18.0-79%Weak on forward returns
2026-10-26P/E 19.5-78%Poor on forward returns
2026-10-31P/E 19.5-78%Mixed on our tests (recalculated) (across a rating rules change)
2026-11-02P/E 18.6-79%Mixed on our tests ← now
Show all 29 readings
WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 46.3-47%Mixed on our tests (recalculated)
2026-08-03P/E 44.9-49%Mixed on our tests
2026-08-07P/E 44.9-49%Mixed on our tests (recalculated)
2026-08-10P/E 24.7-72%Poor on forward returns
2026-08-14P/E 24.7-72%Poor on forward returns (recalculated)
2026-08-17P/E 25.3-71%Poor on forward returns
2026-08-21P/E 25.3-71%Poor on forward returns (recalculated)
2026-08-24P/E 25.1-71%Poor on forward returns
2026-08-27P/E 25.1-71%Poor on forward returns (recalculated)
2026-08-28P/E 25.1-71%Poor on forward returns (recalculated)
2026-08-30P/E 25.1-71%Poor on forward returns (recalculated)
2026-08-31P/E 24.4-72%Poor on forward returns
2026-09-05P/E 24.4-72%Poor on forward returns (recalculated)
2026-09-07P/E 23.6-73%Poor on forward returns
2026-09-12P/E 23.6-73%Poor on forward returns (recalculated)
2026-09-14P/E 19.4-78%Weak on forward returns
2026-09-19P/E 19.4-78%Weak on forward returns (recalculated)
2026-09-21P/E 19.0-78%Weak on forward returns
2026-09-26P/E 19.0-78%Weak on forward returns (recalculated)
2026-09-28P/E 18.2-79%Weak on forward returns
2026-10-03P/E 18.2-79%Weak on forward returns (recalculated)
2026-10-05P/E 18.0-79%Weak on forward returns
2026-10-10P/E 18.0-79%Weak on forward returns (recalculated)
2026-10-12P/E 19.6-78%Weak on forward returns
2026-10-17P/E 19.6-78%Weak on forward returns (recalculated)
2026-10-19P/E 19.3-78%Weak on forward returns
2026-10-26P/E 19.5-78%Poor on forward returns
2026-10-31P/E 19.5-78%Mixed on our tests (recalculated) (across a rating rules change)
2026-11-02P/E 18.6-79%Mixed on our tests ← now

Frequently asked questions

Is Remitly Global stock overvalued?

At a current P/E of 17.2 versus its historical normal P/E of 87.8, Remitly Global trades about 80% below its typical valuation, with a PEG of 8.73 on 2.0% forward growth. tickerseer currently rates it mixed on our tests.

What is Remitly Global's fair value and PEG?

Remitly Global trades at a current P/E of 17.2 against a historical normal P/E of 87.8, a PEG of 8.73, and a forward growth estimate of 2.0%. Priced at its historical normal P/E of 87.8 on the same blended earnings, the 2026-11-06 close of $22.32 corresponds to about $114 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Remitly Global changed?

tickerseer's rating changed 4 times after 2026-07-31 and is back where it started: mixed on our tests as of 2026-11-02.

What is the analyst price target for Remitly Global?

The mean Wall Street price target for Remitly Global is $32.11 across 9 analysts, 43.9% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

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