UBS Group Boosts Chime Financial (NASDAQ:CHYM) Price Target to $31.00

Key Points

• UBS raised its Chime Financial price target to $31 from $28 but maintained a “neutral” rating, implying roughly 9% downside from the prior close. The broader analyst consensus remains “Moderate Buy,” with an average target of $34.90.
• Chime shares rose 5.4% to $34.05, near their 52-week high, after the company reported quarterly EPS of $0.07 versus expectations for a $0.01 loss. Revenue increased 26.8% year over year to $669.77 million.
• Insiders sold nearly 13.9 million shares worth approximately $451 million over the past three months. Separately, Chime agreed to acquire Stride Bank for $590 million and raised its 2026 revenue guidance to as much as $2.77 billion, though the deal remains subject to regulatory approval and integration risks.

Chime Financial (NASDAQ:CHYM - Get Free Report) had its price target increased by analysts at UBS Group from $28.00 to $31.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a "neutral" rating on the stock. UBS Group's target price suggests a potential downside of 8.96% from the stock's previous close.

Several other equities analysts also recently issued reports on the stock. Barclays increased their price objective on shares of Chime Financial from $33.00 to $40.00 and gave the company an "overweight" rating in a report on Wednesday. Wells Fargo & Company boosted their target price on shares of Chime Financial from $33.00 to $39.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 25th. Scotiabank started coverage on shares of Chime Financial in a research note on Wednesday, September 2nd. They issued a "sector outperform" rating and a $40.00 price target on the stock. Loop Capital began coverage on Chime Financial in a report on Wednesday. They issued a "buy" rating and a $45.00 price objective on the stock. Finally, Wolfe Research boosted 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. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Chime Financial currently has an average rating of "Moderate Buy" and an average price target of $34.90.

Chime Financial Stock Up 5.4%

Shares of CHYM stock traded up $1.74 during mid-day trading on Wednesday, hitting $34.05. 8,051,091 shares of the stock were exchanged, compared to its average volume of 5,297,995. The firm has a fifty day moving average of $26.98 and a 200 day moving average of $22.25. Chime Financial has a 52-week low of $15.88 and a 52-week high of $35.55. The company has a market cap of $12.89 billion, a PE ratio of -485.89 and a beta of 0.60.

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

Insider Buying and Selling

In other news, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of the company's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $32.66, for a total value of $145,538,087.62. Following the completion of the sale, the insider directly owned 405,663 shares in the company, valued at $13,248,953.58. This represents a 91.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ryan A. King sold 375,000 shares of the stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $30.27, for a total value of $11,351,250.00. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,879,790 shares of company stock worth $451,025,723 over the last three months. Corporate insiders own 12.30% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. purchased a new stake in shares of Chime Financial in the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Chime Financial in the 2nd quarter valued at approximately $33,000. Scopus Asset Management L.P. acquired a new position in Chime Financial in the second quarter valued at approximately $34,000. Caitong International Asset Management Co. Ltd grew its position in Chime Financial by 686.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,462 shares of the company's stock worth $37,000 after acquiring an additional 1,276 shares during the period. Finally, Daiwa Securities Group Inc. acquired a new stake in Chime Financial during the second quarter worth $40,000.

Trending Headlines about Chime Financial

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

• Positive Sentiment: Chime agreed to acquire Stride Bank for $590 million in cash. Stride is Chime’s longtime banking partner and holds a national charter; after closing, it is expected to become Chime Bank, N.A., a wholly owned subsidiary. The deal may reduce reliance on outside banking partners, improve control over lending economics, and produce more than $100 million in potential net synergies. Chime Announces Agreement to Acquire Stride Bank
• Positive Sentiment: The company raised its full-year 2026 revenue guidance to as much as $2.77 billion, reinforcing the investment case for stronger growth following better-than-expected second-quarter results. Chime Financial to Buy Stride and Raise Guidance
• Positive Sentiment: Analysts became more constructive: Canaccord raised its price target from $45 to $50 with a Buy rating, while Barclays and KeyCorp lifted targets to $40 and maintained Overweight ratings. Loop Capital initiated coverage with a Buy rating and a $45 target. Zacks Momentum Stocks List
• Positive Sentiment: Zacks added CHYM to its Rank #1 Strong Buy momentum list, adding to the stock’s recent momentum appeal. Zacks Chime Momentum Analysis
• Neutral Sentiment: The acquisition remains subject to closing conditions and regulatory approvals. Chime must also execute the integration successfully and absorb the substantial cash outlay, creating potential near-term uncertainty despite the strategic benefits. Reuters Stride Bank Acquisition Report

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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