Chime Financial (NASDAQ:CHYM) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Key Points

• Canaccord Genuity raised Chime Financial’s price target from $45 to $50 and maintained a “buy” rating, implying 54.75% upside from the prior close. The broader analyst consensus is “Moderate Buy,” with an average target of $33.
• Chime reported quarterly EPS of $0.07, beating the consensus estimate of a $0.01 loss, while revenue rose 26.8% year over year to $669.77 million. Analysts expect full-year EPS of $0.43, although the company still posted negative net margins and return on equity.
• Insiders have been significant sellers: insiders sold 13.88 million shares worth roughly $451 million over the past 90 days, including substantial sales by major shareholder Global Advisors and CEO Christopher Britt.

Chime Financial (NASDAQ:CHYM - Get Free Report) had its price objective lifted by analysts at Canaccord Genuity Group from $45.00 to $50.00 in a report released on Wednesday, Benzinga reports. The firm currently has a "buy" rating on the stock. Canaccord Genuity Group's target price suggests a potential upside of 54.75% from the stock's previous close.

CHYM has been the subject of several other reports. Scotiabank initiated coverage on Chime Financial in a research note on Wednesday, September 2nd. They issued a "sector outperform" rating and a $40.00 price objective for the company. Keefe, Bruyette & Woods upped their price objective on shares of Chime Financial from $30.00 to $35.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Wall Street Zen upgraded shares of Chime Financial from a "hold" rating to a "buy" rating in a research report on Saturday, July 25th. Freedom Capital raised shares of Chime Financial to a "strong-buy" rating in a report on Thursday, July 23rd. Finally, BMO Capital Markets increased their price target on Chime Financial from $28.00 to $32.00 and gave the stock an "outperform" rating in a research report on Thursday, August 6th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Chime Financial currently has a consensus rating of "Moderate Buy" and an average price target of $33.00.

Chime Financial Stock Performance

Shares of CHYM stock opened at $32.31 on Wednesday. Chime Financial has a fifty-two week low of $15.88 and a fifty-two week high of $34.44. The firm has a market capitalization of $12.23 billion, a price-to-earnings ratio of -461.51 and a beta of 0.60. The stock's 50-day simple moving average is $26.98 and its 200-day simple moving average is $22.25.

Chime Financial (NASDAQ:CHYM - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.08. Chime Financial had a negative net margin of 0.74% and a negative return on equity of 1.28%. The firm had revenue of $669.77 million during the quarter. During the same period in the previous year, the business earned ($7.29) earnings per share. The business's revenue for the quarter was up 26.8% compared to the same quarter last year. As a group, equities analysts forecast that Chime Financial will post 0.43 earnings per share for the current year.

Insider Buying and Selling at Chime Financial

In other Chime Financial news, major shareholder Global Advisors Ltd Dst sold 1,168,667 shares of Chime Financial stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $33.04, for a total value of $38,612,757.68. Following the completion of the transaction, the insider owned 369,370 shares of the company's stock, valued at approximately $12,203,984.80. The trade was a 75.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Christopher Britt sold 200,000 shares of the company's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $32.04, for a total transaction of $6,408,000.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 13,879,790 shares of company stock worth $451,025,723. 12.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Chime Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in CHYM. Tiger Global Management LLC raised its position in shares of Chime Financial by 13.8% during the 4th quarter. Tiger Global Management LLC now owns 14,192,499 shares of the company's stock worth $357,225,000 after purchasing an additional 1,721,731 shares during the last quarter. Aspect Management LLC acquired a new stake in Chime Financial during the 4th quarter worth $300,361,000. Orland Properties Ltd purchased a new stake in shares of Chime Financial during the second quarter worth $159,093,000. Scge Management L.P. purchased a new stake in shares of Chime Financial during the second quarter worth $152,563,000. Finally, Spyglass Capital Management LLC lifted its stake in shares of Chime Financial by 162.6% in the second quarter. Spyglass Capital Management LLC now owns 3,406,249 shares of the company's stock worth $69,760,000 after buying an additional 2,109,057 shares in the last quarter.

Trending Headlines about Chime Financial

Here are the key news stories impacting Chime Financial this week:

• Positive Sentiment: Acquisition of Stride Bank: Chime agreed to acquire nationally chartered Stride Bank for $590 million in cash. Stride has been Chime’s banking partner for more than seven years, and the transaction would make it a wholly owned subsidiary renamed Chime Bank, N.A. The deal could give Chime greater control over deposits, lending, compliance and product development. Chime Announces Agreement to Acquire Stride Bank
• Positive Sentiment: Higher 2026 outlook: Chime raised its full-year 2026 revenue guidance to as much as $2.77 billion, signaling continued confidence in customer growth, transaction activity and lending expansion. Management also expects more than $100 million in potential net synergies from the Stride transaction. Chime Financial to Buy Stride in $590M Cash Deal, Raises Earnings Guidance
• Positive Sentiment: Improving operating momentum: Recent coverage highlights Chime’s stronger-than-expected second-quarter growth and a significant year-over-year expansion in EBITDA margin, reinforcing the case that the fintech is moving toward more durable profitability. Why Chime Financial Rallied in August
• Neutral Sentiment: Market momentum: Analysts and financial media continue to characterize CHYM as a momentum stock, with interest also linked to broader institutional adoption of crypto and stablecoins. These themes may support demand for the shares but do not materially change Chime’s near-term fundamentals. Why Chime Financial Is a Momentum Pick
• Negative Sentiment: Deal and valuation risks: Chime must spend $590 million in cash and still faces regulatory approval, integration and execution risks. With shares near their 12-month high and the company’s trailing earnings still negative, investors may take profits or demand evidence that the acquisition produces the projected synergies.

Chime Financial Company Profile

Chime Financial is a U.S.-based financial technology company offering mobile-first banking services designed to reduce fees and simplify everyday transactions. Founded in 2013 and headquartered in San Francisco, Chime operates a digital bank platform that provides customers with a checking account, a savings account, and a debit card without monthly maintenance fees, overdraft charges, or foreign transaction fees. The company’s platform is accessible via its mobile app, enabling users to manage their finances, track spending, and access customer support from their smartphones.

At the core of Chime’s service offering is its fee-free spending account, which includes early access to direct deposit funds—up to two days before scheduled payday—and instant transaction alerts.

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