Chime Financial (NASDAQ:CHYM) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised its Chime price target to $40 from $35 and maintained an Overweight rating, implying 32.54% upside from the prior close. Analysts’ consensus rating is Buy, with an average target of $39.32.
• Chime reported quarterly revenue of $718 million, up 32.1% year over year, and EPS of $0.11, beating the $0.09 consensus estimate. The company also raised its annual revenue outlook.
• Insiders have sold about 16.4 million shares worth roughly $541 million over the past 90 days, including a major shareholder’s sale of 4.46 million shares.

Chime Financial (NASDAQ:CHYM - Get Free Report) had its target price lifted by JPMorgan Chase & Co. from $35.00 to $40.00 in a research note issued on Thursday, Benzinga reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective indicates a potential upside of 32.54% from the company's previous close.

CHYM has been the topic of several other research reports. Wolfe Research raised their price objective on Chime Financial from $32.00 to $38.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 25th. Monness Crespi & Hardt assumed coverage on Chime Financial in a research report on Monday, October 26th. They set a "neutral" rating on the stock. Rothschild & Co Redburn upgraded Chime Financial from a "hold" rating to a "buy" rating and set a $46.00 price objective for the company in a research note on Monday, September 14th. KeyCorp increased their target price on shares of Chime Financial from $33.00 to $40.00 and gave the stock an "overweight" rating in a report on Wednesday, September 9th. Finally, UBS Group reissued a "buy" rating on shares of Chime Financial in a report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $39.32.

Chime Financial Price Performance

Shares of NASDAQ:CHYM traded up $0.31 during midday trading on Thursday, hitting $30.18. The company had a trading volume of 8,299,697 shares, compared to its average volume of 5,337,908. Chime Financial has a 12-month low of $15.88 and a 12-month high of $35.55. The company has a fifty day moving average of $30.04 and a two-hundred day moving average of $23.85. The company has a market cap of $11.43 billion, a price-to-earnings ratio of -431.08 and a beta of 0.74.

Chime Financial (NASDAQ:CHYM - Get Free Report) last released its earnings results on Wednesday, November 4th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.02. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%. The company had revenue of $718.00 million for the quarter. During the same quarter last year, the firm posted ($0.15) earnings per share. Chime Financial's revenue for the quarter was up 32.1% on a year-over-year basis. Research analysts expect that Chime Financial will post 0.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $32.66, for a total value of $145,538,087.62. Following the completion of the transaction, the insider owned 405,663 shares of the company's stock, valued at approximately $13,248,953.58. This represents a 91.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have sold 16,432,912 shares of company stock valued at $541,335,425. Corporate insiders own 12.30% of the company's stock.

Institutional Investors Weigh In On Chime Financial

Institutional investors and hedge funds have recently bought and sold shares of the business. AMS Capital Ltda bought a new stake in Chime Financial in the 1st quarter valued at $3,439,000. Arrowstreet Capital Limited Partnership lifted its stake in Chime Financial by 2,720.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,756,555 shares of the company's stock worth $51,630,000 after purchasing an additional 2,658,816 shares in the last quarter. Arizona State Retirement System bought a new position in shares of Chime Financial during the 2nd quarter valued at about $692,000. Hsbc Holdings PLC bought a new position in shares of Chime Financial during the 4th quarter valued at about $1,274,000. Finally, Brown University grew its position in shares of Chime Financial by 99.0% during the first quarter. Brown University now owns 204,625 shares of the company's stock valued at $3,833,000 after purchasing an additional 101,820 shares in the last quarter.

Key Stories Impacting Chime Financial

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

• Positive Sentiment: Chime reported Q3 revenue of $718 million, up 32.1% year over year, and EPS of $0.11 versus analysts’ $0.09 estimate. Reports also highlighted a third consecutive GAAP-profit quarter, with lending growth contributing to results. Reuters: Chime raises annual revenue forecast on robust demand
• Positive Sentiment: The company raised its annual revenue forecast, citing robust demand, and projected Q4 revenue of $757 million to $767 million—signaling continued growth. Chime Q4 revenue forecast and Stride update
• Positive Sentiment: Goldman Sachs raised its price target from $38 to $43 and reiterated a Buy rating. Scotiabank lifted its target from $42 to $44 and assigned a Sector Outperform rating, reflecting increased analyst optimism. Goldman Sachs analyst recommendations Scotiabank analyst recommendations
• Neutral Sentiment: Chime is targeting a close of its Stride acquisition in the first half of 2027. The deal may offer strategic opportunity, though its eventual impact depends on closing and integration. Chime Q4 revenue forecast and Stride update

About Chime Financial

Chime Financial, Inc is a financial technology company that provides digital banking services through its Chime platform. The company offers consumer-focused spending, saving and credit products designed to be accessed primarily through mobile applications rather than traditional branch locations.

Chime's products include spending accounts with debit cards, savings accounts, direct-deposit services, early access to qualifying paychecks, fee-free overdraft protection through SpotMe, and credit-building products.

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