Remitly Global Inc. (NASDAQ:RELY) is considered one of the best falling stocks to buy by Wall Street analysts, with a Strong Buy consensus from 7 analysts. The average price target is $24.20, implying a 78.66% upside from the current price of $13.55.

CEO Matt Oppenheimer stated that Remitly is on track to finish the year strong, with raised full-year revenue and adjusted EBITDA outlook. The company reported impressive Q3 2025 results, including a 25% increase in revenue to $419.5 million and a 361% increase in net income to $8.8 million.

Remitly expects full-year revenue to range between $1.619 billion and $1.621 billion, a 28% year-over-year increase. The company provides international money transfer services to over 100 currencies worldwide through various delivery options like bank deposits and mobile wallets.

While Remitly shows potential as an investment, some believe other AI stocks offer greater upside potential and less downside risk. For those interested, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Remitly’s (RELY) Record Q3 Performance Powers Upbeat Analyst Targets and a Strong Buy Consensus