Chime Financial, Inc. (NASDAQ:CHYM) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Chime Financial, with 17 of 21 analysts recommending buy or strong buy ratings and an average 12-month price target of approximately $31.06. Several firms recently raised their targets, including Piper Sandler to $35 and Barclays to $33.
• Chime reported quarterly EPS of $0.07, beating expectations for a $0.01 loss, while revenue rose 26.8% year over year to $669.77 million. Management forecast third-quarter revenue of $680 million to $690 million and 2026 revenue of $2.725 billion to $2.745 billion.
• Despite strong growth, Chime plans to cut its workforce by roughly 10% and faces a CFO departure, creating execution and leadership-transition risks. Insiders have sold 16,000 shares worth $356,500 over the past 90 days, though one recent sale occurred under a pre-arranged trading plan.

Shares of Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) have earned a consensus rating of "Moderate Buy" from the twenty-one research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, fourteen have assigned a buy rating and three have issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $31.0556.

CHYM has been the subject of several analyst reports. Piper Sandler upped their target price on Chime Financial from $30.00 to $35.00 and gave the company an "overweight" rating in a research note on Thursday. BMO Capital Markets raised their price target on Chime Financial from $28.00 to $32.00 and gave the stock an "outperform" rating in a research note on Thursday. Weiss Ratings upgraded Chime Financial from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday. Barclays upped their price objective on shares of Chime Financial from $26.00 to $33.00 and gave the company an "overweight" rating in a research note on Friday. Finally, Wall Street Zen upgraded shares of Chime Financial from a "hold" rating to a "buy" rating in a report on Saturday, July 25th.

Chime Financial Stock Performance

Shares of CHYM opened at $29.10 on Friday. Chime Financial has a fifty-two week low of $15.88 and a fifty-two week high of $33.41. The company has a market capitalization of $11.09 billion, a PE ratio of -415.65 and a beta of 0.31. The stock has a fifty day moving average of $20.52 and a two-hundred day moving average of $20.83.

Chime Financial (NASDAQ:CHYM - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.08. The business had revenue of $669.77 million for the quarter. Chime Financial had a negative return on equity of 1.27% and a negative net margin of 0.74%.Chime Financial's revenue for the quarter was up 26.8% compared to the same quarter last year. During the same quarter last year, the business earned ($7.29) EPS. As a group, equities research analysts forecast that Chime Financial will post 0.32 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Amine Asmerom sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $25.00, for a total transaction of $250,000.00. Following the completion of the transaction, the chief accounting officer owned 226,946 shares of the company's stock, valued at approximately $5,673,650. This represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Adam B. Frankel sold 3,000 shares of the company's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $17.50, for a total transaction of $52,500.00. Following the transaction, the general counsel directly owned 303,795 shares of the company's stock, valued at $5,316,412.50. This trade represents a 0.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 16,000 shares of company stock valued at $356,500. 12.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CHYM. EverSource Wealth Advisors LLC purchased a new stake in Chime Financial during the second quarter valued at about $33,000. Scopus Asset Management L.P. purchased a new position in shares of Chime Financial in the 2nd quarter worth about $34,000. PNC Financial Services Group Inc. purchased a new position in shares of Chime Financial in the 4th quarter worth about $25,000. Daiwa Securities Group Inc. acquired a new position in shares of Chime Financial in the 2nd quarter valued at about $40,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Chime Financial by 686.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,462 shares of the company's stock valued at $37,000 after purchasing an additional 1,276 shares in the last quarter.

Key Chime Financial News

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

• Positive Sentiment: Chime reported second-quarter earnings of $0.07 per share, versus the consensus estimate of a $0.01 loss. Revenue increased 26.8% year over year to $669.77 million, supported by stronger user engagement and continued adoption of its digital banking and lending products. Chime Financial stock surges after strong Q2 beat
• Positive Sentiment: Management forecast third-quarter revenue of approximately $680 million to $690 million and projected 2026 revenue of $2.725 billion to $2.745 billion, reinforcing expectations for continued growth. Direct-deposit relationships are also helping Chime expand into lending and other financial products. Chime forecasts 2026 revenue and workforce reduction
• Positive Sentiment: Several analysts raised their price targets after the earnings release. Barclays increased its target to $33 and kept an overweight rating; Morgan Stanley raised its target to $33 with an overweight rating; Piper Sandler raised its target to $35; and BMO, Goldman Sachs, KBW, B. Riley and Canaccord also issued higher targets, with Canaccord at $45 and a buy rating. Analyst price-target updates
• Neutral Sentiment: UBS raised its target to $28 but retained a neutral rating, implying the shares may already reflect much of the improved outlook. UBS Chime Financial price target
• Negative Sentiment: Chime plans to reduce its workforce by roughly 10%. While the move could improve efficiency and profitability, it may signal tighter expense controls and create execution or morale risks. The planned departure of CFO Matt Newcomb adds another leadership-transition concern.
• Neutral Sentiment: Chief Accounting Officer Amine Asmerom sold 10,000 shares for $250,000 under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled in advance and represents only 4.22% of his holdings, it is a limited signal.

About Chime Financial

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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