Chime Financial (NASDAQ:CHYM) Reaches New 1-Year High on Analyst Upgrade

Key Points

• Chime Financial shares reached a new 52-week high after Barclays raised its price target from $33 to $40 and maintained an overweight rating. The stock traded as high as $35.50, while analysts overall maintain a “Moderate Buy” consensus with a $33.89 target.
• Chime reported stronger-than-expected quarterly results, including $0.07 earnings per share versus a projected loss of $0.01 and revenue of $669.77 million, up 26.8% year over year.
• Insiders have sold heavily: insiders sold nearly 13.9 million shares worth approximately $451 million over the past three months. Shares also face valuation, regulatory, and execution risks, particularly as Chime pursues its $590 million acquisition of Stride Bank.

Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday after Barclays raised their price target on the stock from $33.00 to $40.00. Barclays currently has an overweight rating on the stock. Chime Financial traded as high as $35.50 and last traded at $34.7470, with a volume of 134651 shares. The stock had previously closed at $32.31.

CHYM has been the subject of a number of other reports. B. Riley Financial boosted their target price on Chime Financial from $35.00 to $37.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. The Goldman Sachs Group increased their price target on Chime Financial from $26.00 to $33.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Canaccord Genuity Group raised their price objective on Chime Financial from $45.00 to $50.00 and gave the company a "buy" rating in a research note on Wednesday. Zacks Research upgraded Chime Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 18th. Finally, Keefe, Bruyette & Woods increased their target price on Chime Financial from $30.00 to $35.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $33.89.

Insider Buying and Selling at Chime Financial

In other Chime Financial news, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of the business's stock in a transaction 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 sale, the insider directly owned 405,663 shares in the company, valued at $13,248,953.58. The trade was a 91.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ryan King sold 375,000 shares of the stock in a transaction on Thursday, August 6th. The stock was 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. Over the last three months, insiders have sold 13,879,790 shares of company stock valued at $451,025,723. 12.30% of the stock is owned by corporate insiders.

Key Chime Financial News

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

• Positive Sentiment: Acquisition of Stride Bank: Chime agreed to acquire nationally chartered Stride Bank for $590 million in cash. Stride has been Chime’s banking partner for more than seven years, and the transaction would make it a wholly owned subsidiary renamed Chime Bank, N.A. The deal could give Chime greater control over deposits, lending, compliance and product development. Chime Announces Agreement to Acquire Stride Bank
• Positive Sentiment: Higher 2026 outlook: Chime raised its full-year 2026 revenue guidance to as much as $2.77 billion, signaling continued confidence in customer growth, transaction activity and lending expansion. Management also expects more than $100 million in potential net synergies from the Stride transaction. Chime Financial to Buy Stride in $590M Cash Deal, Raises Earnings Guidance
• Positive Sentiment: Improving operating momentum: Recent coverage highlights Chime’s stronger-than-expected second-quarter growth and a significant year-over-year expansion in EBITDA margin, reinforcing the case that the fintech is moving toward more durable profitability. Why Chime Financial Rallied in August
• Neutral Sentiment: Market momentum: Analysts and financial media continue to characterize CHYM as a momentum stock, with interest also linked to broader institutional adoption of crypto and stablecoins. These themes may support demand for the shares but do not materially change Chime’s near-term fundamentals. Why Chime Financial Is a Momentum Pick
• Negative Sentiment: Deal and valuation risks: Chime must spend $590 million in cash and still faces regulatory approval, integration and execution risks. With shares near their 12-month high and the company’s trailing earnings still negative, investors may take profits or demand evidence that the acquisition produces the projected synergies.

Institutional Investors Weigh In On Chime Financial

Several large investors have recently added to or reduced their stakes in CHYM. EverSource Wealth Advisors LLC bought a new stake in shares of Chime Financial during the 2nd quarter worth $33,000. Scopus Asset Management L.P. bought a new stake in Chime Financial in the second quarter valued at approximately $34,000. PNC Financial Services Group Inc. purchased a new stake in shares of Chime Financial during the fourth quarter valued at approximately $25,000. Daiwa Securities Group Inc. purchased a new stake in shares of Chime Financial during the second quarter worth about $40,000. Finally, Osaic Holdings Inc. bought a new stake in shares of Chime Financial in the second quarter worth about $45,000.

Chime Financial Trading Up 5.7%

The company has a market cap of $12.93 billion, a PE ratio of -486.87 and a beta of 0.60. The business has a fifty day moving average of $26.98 and a 200-day moving average of $22.25.

Chime Financial (NASDAQ:CHYM - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, topping 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 business had revenue of $669.77 million during the quarter. During the same quarter last year, the business posted ($7.29) EPS. The company's quarterly revenue was up 26.8% compared to the same quarter last year. As a group, research analysts predict that Chime Financial, Inc. will post 0.43 EPS for the current year.

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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