Chime Financial, Inc. (NASDAQ:CHYM) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Chime Financial, Inc. has received a consensus recommendation of "Moderate Buy" from 17 analysts, with 10 ratings as buy and two as strong buy.
• The company's stock price target from analysts averages $37.15, reflecting varied outlooks with some firms adjusting their target downwards.
• Chime Financial reported a revenue of $528.15 million for the last quarter, exceeding expectations despite missing EPS estimates at ($7.29).

Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the seventeen ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $37.1538.

A number of equities analysts have issued reports on the company. William Blair restated an "outperform" rating on shares of Chime Financial in a report on Tuesday, September 30th. Keefe, Bruyette & Woods reduced their target price on Chime Financial from $42.00 to $35.00 and set an "outperform" rating on the stock in a report on Wednesday, October 1st. Morgan Stanley assumed coverage on Chime Financial in a report on Monday, July 7th. They set an "overweight" rating and a $39.00 target price on the stock. Seaport Res Ptn upgraded Chime Financial to a "strong-buy" rating in a report on Monday, June 30th. Finally, Wall Street Zen upgraded Chime Financial to a "hold" rating in a report on Saturday, June 21st.

Hedge Funds Weigh In On Chime Financial

Several institutional investors have recently modified their holdings of CHYM. PFG Investments LLC bought a new position in shares of Chime Financial during the 2nd quarter valued at about $350,000. Hennessy Advisors Inc. bought a new position in shares of Chime Financial during the 2nd quarter valued at about $207,000. MADDEN SECURITIES Corp bought a new position in shares of Chime Financial during the 2nd quarter valued at about $582,000. Board of Trustees of The Leland Stanford Junior University bought a new position in shares of Chime Financial during the 2nd quarter valued at about $1,453,000. Finally, Jennison Associates LLC bought a new position in shares of Chime Financial during the 2nd quarter valued at about $3,766,000.

Chime Financial Price Performance

Shares of CHYM stock opened at $19.57 on Friday. Chime Financial has a 12 month low of $19.54 and a 12 month high of $44.94. The stock has a 50-day moving average price of $25.34.

Chime Financial (NASDAQ:CHYM - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported ($7.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($4.85) by ($2.44). The business had revenue of $528.15 million during the quarter, compared to analysts' expectations of $503.88 million. The company's revenue was up 37.5% on a year-over-year basis. Chime Financial has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Chime Financial Company Profile

Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company's model is designed to eliminate common fees and simplify access to basic financial services. Chime does not charge overdraft fees, monthly service fees, or require minimum balances.

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