Core Viewpoint - Remitly Global, Inc. will report its third quarter financial results on November 5, 2025, and will host a conference call to discuss these results with financial analysts [1][2]. Group 1: Financial Results Announcement - The third quarter financial results will be reported after market close on November 5, 2025 [1]. - A conference call and live webcast will take place at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day [1][2]. - Registration is required to access the conference call, and participants are advised to register at least 10 minutes before the call starts [2]. Group 2: Webcast and Replay Information - A live webcast and replay of the conference call will be available on the Investor Relations section of Remitly's website [3]. - The company recommends listening via the webcast for those not planning to ask questions [3]. Group 3: Company Overview - Remitly is a provider of digital financial services operating in over 170 countries [4]. - The company focuses on cross-border payments, offering a fast, reliable, and transparent money movement experience [4]. - Remitly is expanding its product suite to enhance its vision and impact lives globally [4].

Remitly Global, Inc. (NASDAQ:RELY) is one of the 12 Best Fintech Stocks to Buy According to Analysts. On October 1, Citizens JMP reaffirmed its Market Outperform on Remitly Global, Inc. (NASDAQ:RELY) with a price target of $23. The firm sees Remitly Global, Inc. (NASDAQ:RELY) as “one of the strongest secular growth vehicles in FinTech.” Citizens JMP also pointed out that the company’s business has grown “more quickly and more profitably than many had anticipated.” Citizens JMP Keeps Market Outperform Rat ...

Remitly Global, Inc. (RELY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following ...

Core Viewpoint - The article critiques the speculative nature of quantum computing stocks, particularly IonQ, while highlighting the potential of companies like Remitly Global and Portillo's that are currently creating value in the market [2][12]. Group 1: Quantum Computing Stocks - IonQ has seen a significant increase in stock price, up hundreds of percent in the last year, reaching a market cap of $25 billion despite generating less than $100 million in revenue [2]. - The company is characterized as highly speculative with little to no viable business model, making it a risky investment [2][12]. Group 2: Remitly Global - Remitly has experienced a 34% year-over-year revenue growth last quarter, with a 40% increase in send volume, indicating strong performance despite concerns over immigration policies affecting cross-border payments [6][5]. - The company generated $1.46 billion in trailing revenue with an EBIT of $27 million, showcasing its path to profitability and operational leverage compared to IonQ's significant losses [7]. - Remitly is positioned to capture market share from traditional players due to its low fees and user-friendly mobile application [6]. Group 3: Portillo's - Portillo's is expanding its restaurant chain into new markets like Texas and Florida, despite facing challenges from a slowdown in consumer spending [8]. - The company reported a modest 3.6% annual revenue growth, with plans for significant expansion in the coming years as new store openings are scheduled for the latter half of 2025 [9]. - Portillo's generated $65 million in EBIT on $728 million in revenue over the last 12 months, contrasting sharply with IonQ's $53 million in revenue and $351 million in losses [11].

Group 1 - Remitly Global, Inc. (NASDAQ: RELY) is focused on providing digital financial services for cross-border money transfers through its mobile app and website [1] - Jim Cramer expressed skepticism about investing in Remitly, suggesting that the company is facing significant challenges and recommending traditional banks instead [1] - Night Watch Investment Management highlighted the potential impact of proposed tariffs and tax legislation on various industries, indicating a strategic repositioning in response to these external factors [1] Group 2 - There is acknowledgment of Remitly's potential as an investment, but certain AI stocks are viewed as offering greater upside potential with less downside risk [2] - A report is available that identifies an undervalued AI stock that could benefit from Trump-era tariffs and the onshoring trend [2]

Group 1: Remitly Global, Inc. - Jim Cramer expressed a negative outlook on Remitly Global, preferring traditional banks over this company [1] - JMP Securities analyst David M. Scharf maintained a Market Outperform rating for Remitly Global but lowered the price target from $32 to $23 [1] - Remitly shares fell 2% to settle at $15.72 on Monday [4] Group 2: Upbound Group, Inc. - Jim Cramer also expressed disapproval of Upbound Group [1] - Upbound Group declared a quarterly cash dividend of 39 cents per share for the fourth quarter [1] - Upbound Group shares declined 3.1% to settle at $22.03 on Monday [4] Group 3: USA Rare Earth, Inc. - Jim Cramer noted that USA Rare Earth fits a speculative pattern, with potential interest from the president for a stake [2] - CEO Barbara Humpton mentioned that the company is in regular talks with the White House, indicating possible deal speculation [2] - USA Rare Earth shares gained 1.4% to settle at $26.32 [4]

Core Viewpoint - Remitly Global Inc. (NASDAQ:RELY) is highlighted as a promising low-priced technology stock, with analysts expressing confidence in its growth potential in digital remittances and financial services [1][2]. Group 1: Company Performance - The core remittance franchise of Remitly continues to perform well despite macroeconomic challenges faced by high-volume senders, providing a stable foundation for growth [2]. - The company is in the early stages of expanding into adjacent financial products, which presents a significant opportunity to widen margins and diversify revenue streams [2]. Group 2: Strategic Advantages - By leveraging its existing platform, Remitly can introduce new services at relatively low incremental costs, thereby limiting risk while meeting customer demands [3]. - The current valuation of Remitly's shares is at a discount compared to its peer, Wise plc, indicating potential for multiple expansion if the company maintains its growth trajectory [3]. Group 3: Market Position - With strong fundamentals, an expanding product range, and increasing investor familiarity with the digital remittance model, Remitly is viewed as having an attractive risk-reward profile [4]. - Remitly specializes in cross-border remittances, enabling migrants and expatriates to send money quickly, securely, and at competitive rates through mobile and online channels [4].

Group 1 - Remitly Global Inc. is identified as a strong growth stock under $30, despite a price target reduction from Citizens JMP to $23 from $32 while maintaining an Outperform rating [1] - In Q2 2025, Remitly reported revenue of $411.9 million, reflecting a 34.4% year-on-year increase, and raised its full-year revenue and EBITDA guidance [2] - The company has a growing customer base of 8.51 million active customers, an increase of 1.66 million year-on-year, supported by a 3.6% operating margin [2] Group 2 - Remitly's future growth strategy includes product expansion and the introduction of the Remitly One membership platform, which aims to enhance customer engagement and lifetime value [3] - The company provides digital financial services across the US, Canada, and internationally [3]

Core Thesis - Remitly Global, Inc. is positioned as a leading digital remittance platform, transitioning from a cash-heavy model to a high-retention, annuity-like business, with strong revenue growth and customer retention metrics [2][5]. Financial Performance - As of Q2 2025, Remitly is experiencing a revenue growth rate of 34% year-to-date and is projected to achieve over 25% free cash flow margins, trading at less than 8 times estimated 2027 unlevered free cash flow [2]. - The company's stock was trading at $19.68 as of September 4th, with a trailing P/E ratio of 324.33 [1]. Competitive Advantage - Remitly's competitive edge stems from its effective marketing strategies, efficient customer acquisition, and product-led retention, offering a superior user experience compared to traditional cash-based networks like Western Union and MoneyGram [3]. - The company demonstrates increasing returns to marketing scale while maintaining a gross profit payback period of less than 12 months on customer acquisition [3]. Market Dynamics - The adoption of stablecoins poses a minor threat to consumers, as their usage is still in the early stages, and regulatory challenges are likely to hinder mainstream adoption [4]. - Recent immigration policy shifts are favorable for digital remittance flows, penalizing cash transfers while promoting app-based remittances [4]. Long-term Outlook - With ongoing product innovation and a strong foundation of customer trust and retention, Remitly is well-positioned for high-margin free cash flow generation, making it an attractive investment opportunity in the digital remittance market [5][6].

Group 1 - Remitly Global Inc. has launched a new financial membership called Remitly One, aimed at helping customers manage, move, and grow their money across borders for a monthly fee of $9.99 [1][2] - The membership offers benefits such as instant access to funds, multiple withdrawals, and flexible repayment options, significantly improving the service compared to non-members who receive funds in 3 days [3] - Remitly One includes features like Remitly Flex, allowing eligible customers to access up to $250 with no interest, and a Remitly Wallet that offers a 4% annual cash reward on USD balances [2][3] Group 2 - The company is expanding its services beyond remittances, with broader US availability expected by the end of the year and plans to explore support for additional countries in 2026 and beyond [2] - Remitly Global Inc. provides digital financial services in the US, Canada, and internationally, focusing on cross-border remittances and complementary financial services through its mobile application and website [4]