UBS Group Issues Positive Forecast for Chime Financial (NASDAQ:CHYM) Stock Price

Key Points

• UBS raised its price target on Chime Financial from $31 to $34 but maintained a Neutral rating; the new target implies about 12.7% upside from the stock’s then-current price.
• Analyst sentiment is broadly positive: Chime has a consensus “Moderate Buy” rating and an average price target of $39.47, with several firms recently lifting their targets.
• Chime reported quarterly revenue of $718 million, up 32.1% year over year, and EPS of $0.11, beating the $0.09 consensus estimate.

Chime Financial (NASDAQ:CHYM - Get Free Report) had its price objective increased by equities researchers at UBS Group from $31.00 to $34.00 in a report released on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. UBS Group's target price would suggest a potential upside of 12.66% from the stock's current price.

Several other brokerages also recently issued reports on CHYM. Wall Street Zen raised Chime Financial from a "hold" rating to a "buy" rating in a research report on Saturday, July 25th. Keefe, Bruyette & Woods increased their target price on Chime Financial from $30.00 to $35.00 and gave the company an "outperform" rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft raised Chime Financial from a "hold" rating to a "buy" rating and raised their target price for the company from $30.00 to $35.00 in a report on Thursday, October 8th. JPMorgan Chase & Co. lifted their price target on Chime Financial from $35.00 to $40.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Barclays upped their price target on Chime Financial from $33.00 to $40.00 and gave the stock an "overweight" rating in a report on Wednesday, September 9th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Chime Financial has an average rating of "Moderate Buy" and a consensus price target of $39.47.

Chime Financial Price Performance

Shares of NASDAQ CHYM traded up $0.31 during trading hours on Thursday, hitting $30.18. 8,299,697 shares of the stock were exchanged, compared to its average volume of 5,337,908. Chime Financial has a one year low of $15.88 and a one year high of $35.55. The company's 50 day moving average is $30.04 and its 200 day moving average is $23.85. The firm has a market capitalization of $11.43 billion, a P/E ratio of -431.08 and a beta of 0.74.

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

Insider Activity at Chime Financial

In other news, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of the company's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $32.66, for a total transaction 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 16,432,912 shares of company stock worth $541,335,425 over the last three months. 12.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Chime Financial

Institutional investors have recently modified their holdings of the company. AMS Capital Ltda acquired a new position in shares of Chime Financial in the first quarter valued at $3,439,000. Arrowstreet Capital Limited Partnership lifted its position in Chime Financial by 2,720.3% in the first 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 during the period. Arizona State Retirement System acquired a new stake in Chime Financial during the second quarter worth $692,000. Hsbc Holdings PLC bought a new stake in Chime Financial in the 4th quarter valued at $1,274,000. Finally, Brown University increased its holdings in Chime Financial by 99.0% in the 1st quarter. Brown University now owns 204,625 shares of the company's stock valued at $3,833,000 after buying an additional 101,820 shares during the period.

More Chime Financial News

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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