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    What Remitly Global (RELY)'s 2028 Growth Targets and New Services Push Means For Shareholders

    Simply Wall St·12/19/2025 08:23:08
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    • Earlier in December, Remitly Global used its Investor Day to outline new financial guidance, projecting high-teens revenue growth for 2026 and targeting revenue between US$2.60 billion and US$3.00 billion by 2028.
    • Management also set out medium-term adjusted EBITDA ambitions and highlighted products like Remitly One and Remitly Business as key levers to deepen customer engagement and expand into adjacent services.
    • Next, we’ll examine how Remitly’s 2028 revenue and profitability targets could reshape its investment narrative and long-term growth assumptions.

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    Remitly Global Investment Narrative Recap

    To own Remitly, you need to believe digital remittances can keep gaining share and that new services like Remitly One and Remitly Business can lift revenue and margins without eroding its competitive edge. The new 2026 and 2028 guidance sharpens that story, but does not materially change the near term focus on proving that growth and profitability can scale together while managing intense competition and regulatory complexity.

    The most relevant update here is management’s 2028 target of US$575 million to US$600 million in adjusted EBITDA, which implies a 20% to 22% margin alongside US$2.60 billion to US$3.00 billion of revenue. If Remitly gets closer to these goals, it could reinforce the case that Remitly One, Remitly Business and its AI and wallet initiatives are real profit drivers rather than just top line growth stories.

    Yet beneath the upbeat guidance, investors still need to watch how growing reliance on stablecoins and digital wallets could interact with shifting KYC and cross border rules, because...

    Read the full narrative on Remitly Global (it's free!)

    Remitly Global's narrative projects $2.6 billion revenue and $130.1 million earnings by 2028. This requires 20.4% yearly revenue growth and about a $116 million earnings increase from $14.1 million today.

    Uncover how Remitly Global's forecasts yield a $21.50 fair value, a 48% upside to its current price.

    Exploring Other Perspectives

    RELY 1-Year Stock Price Chart
    RELY 1-Year Stock Price Chart

    Nine fair value estimates from the Simply Wall St Community span roughly US$21 to US$69 per share, showing how far apart individual views can be. You may want to weigh those opinions against the company’s long term push into stablecoins and multicurrency wallets, which ties future performance closely to evolving regulation and digital adoption trends.

    Explore 9 other fair value estimates on Remitly Global - why the stock might be worth just $21.17!

    Build Your Own Remitly Global Narrative

    Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

    • A great starting point for your Remitly Global research is our analysis highlighting 2 key rewards that could impact your investment decision.
    • Our free Remitly Global research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Remitly Global's overall financial health at a glance.

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    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.