Chime Financial (NASDAQ:CHYM) Stock Price Expected to Rise, Barclays Analyst Says

Key Points

• Barclays raised Chime Financial’s price target to $33 from $26 and maintained an “overweight” rating, implying 5.6% upside from the prior close. The consensus rating is “Moderate Buy” with an average target of $31.06.
• Chime reported second-quarter EPS of $0.07, beating the $0.01 loss expected, while revenue rose 26.8% year over year to $669.77 million. Third-quarter revenue guidance of $680 million to $690 million also exceeded analyst expectations.
• Despite improving results and bullish analyst revisions, Chime plans to reduce its workforce by about 10% and CFO Matt Newcomb is stepping down. Insiders sold 16,000 shares worth $356,500 over the past three months.

Chime Financial (NASDAQ:CHYM - Get Free Report) had its target price increased by analysts at Barclays from $26.00 to $33.00 in a research note issued on Friday,Benzinga reports. The firm presently has an "overweight" rating on the stock. Barclays's price objective indicates a potential upside of 5.60% from the stock's previous close.

A number of other equities research analysts have also weighed in on the company. Morgan Stanley boosted their price target on Chime Financial from $31.00 to $33.00 and gave the stock an "overweight" rating in a research note on Thursday. Wolfe Research reaffirmed an "outperform" rating and issued a $32.00 price objective on shares of Chime Financial in a research report on Thursday. Texas Capital upgraded shares of Chime Financial to a "strong-buy" rating in a research note on Tuesday, April 14th. Wall Street Zen raised shares of Chime Financial from a "hold" rating to a "buy" rating in a research report on Saturday, July 25th. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Chime Financial in a research note on Wednesday, June 3rd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $31.06.

Chime Financial Stock Up 20.6%

Shares of Chime Financial stock opened at $31.25 on Friday. Chime Financial has a 52-week low of $15.88 and a 52-week high of $33.99. The firm's 50 day moving average price is $20.31 and its 200-day moving average price is $20.77. The company has a market cap of $11.91 billion, a P/E ratio of -446.36 and a beta of 0.31.

Chime Financial (NASDAQ:CHYM - Get Free Report) last released its quarterly earnings results 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 net margin of 0.74% and a negative return on equity of 1.27%. Chime Financial's revenue for the quarter was up 26.8% compared to the same quarter last year. During the same period in the prior year, the firm posted ($7.29) earnings per share. As a group, equities research analysts forecast that Chime Financial will post 0.3 EPS for the current fiscal year.

Insider Transactions at Chime Financial

In other news, General Counsel Adam B. Frankel sold 3,000 shares of the firm's stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $17.50, for a total value of $52,500.00. Following the completion of the transaction, the general counsel directly owned 303,795 shares in the company, valued at $5,316,412.50. This trade represents a 0.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Amine Asmerom sold 10,000 shares of Chime Financial stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $25.00, for a total value of $250,000.00. Following the sale, the chief accounting officer directly owned 226,946 shares of the company's stock, valued at $5,673,650. This trade represents a 4.22% decrease in their position. 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 16,000 shares of company stock worth $356,500 over the last three months. Corporate insiders own 12.30% of the company's stock.

Institutional Trading of Chime Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tiger Global Management LLC lifted its position in Chime Financial by 13.8% during the fourth quarter. Tiger Global Management LLC now owns 14,192,499 shares of the company's stock valued at $357,225,000 after purchasing an additional 1,721,731 shares during the period. Aspect Management LLC purchased a new stake in shares of Chime Financial in the fourth quarter worth about $300,361,000. Ashton Thomas Private Wealth LLC purchased a new stake in Chime Financial in the 4th quarter worth approximately $129,091,000. Orland Properties Ltd acquired a new stake in shares of Chime Financial during the 2nd quarter worth approximately $159,093,000. Finally, Scge Management L.P. purchased a new position in shares of Chime Financial during the 2nd quarter valued at approximately $152,563,000.

Trending Headlines about Chime Financial

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

• Positive Sentiment: Chime reported second-quarter EPS of $0.07, beating the consensus estimate of a $0.01 loss and improving substantially from a $7.29 loss in the year-ago quarter. Revenue increased 26.8% year over year to $669.77 million, while management reported expanding margins and a second consecutive quarter of GAAP profitability. Chime Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Third-quarter revenue guidance of $680 million to $690 million exceeded the $669.5 million analyst consensus, supporting expectations for continued growth in user engagement and demand for Chime’s digital banking products. Chime Financial Stock Surges After Strong Q2 Beat
• Positive Sentiment: Analysts raised their targets following the results: Canaccord lifted its target to $45 with a buy rating, while B. Riley, KBW, Piper Sandler, Goldman Sachs, and Morgan Stanley also raised targets and maintained bullish ratings. These revisions reinforce the market’s positive interpretation of Chime Prime, liquidity products, and employer partnerships.
• Neutral Sentiment: UBS increased its target from $26 to $28 but retained a neutral rating, indicating that some analysts view the recent rally as having already priced in much of the improvement.
• Neutral Sentiment: Chief Accounting Officer Amine Asmerom sold 10,000 shares for $250,000 under a pre-arranged Rule 10b5-1 plan. The planned nature of the transaction limits its significance.
• Negative Sentiment: Chime outlined an approximately 10% workforce reduction, a potential near-term concern regarding execution and employee capacity even if it supports future cost efficiency. The company also announced that longtime CFO Matt Newcomb will step down. Chime Workforce Reduction and Revenue Forecast

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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