Chime Financial, Inc. (NASDAQ:CHYM – Get Free Report) CEO Christopher Britt sold 200,000 shares of Chime Financial stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $32.04, for a total value of $6,408,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Chime Financial Stock Performance
CHYM traded up $0.24 on Thursday, hitting $33.65. 4,265,366 shares of the company were exchanged, compared to its average volume of 5,293,899. The stock’s fifty day moving average is $25.92 and its 200-day moving average is $21.87. Chime Financial, Inc. has a 12 month low of $15.88 and a 12 month high of $34.44. The company has a market cap of $12.74 billion, a PE ratio of -480.65 and a beta of 0.60.
Chime Financial (NASDAQ:CHYM – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.08. The firm had revenue of $669.77 million during the quarter. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%.The firm’s revenue for the quarter was up 26.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($7.29) earnings per share. As a group, equities research analysts expect that Chime Financial, Inc. will post 0.41 EPS for the current fiscal year.
Hedge Funds Weigh In On Chime Financial
Analyst Upgrades and Downgrades
CHYM has been the topic of a number of research analyst reports. Canaccord Genuity Group upped their target price on shares of Chime Financial from $40.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Barclays lifted their price target on Chime Financial from $26.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. BMO Capital Markets upped their price objective on Chime Financial from $28.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Wolfe Research upped their price objective on Chime Financial from $32.00 to $38.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Finally, The Goldman Sachs Group raised their price objective on Chime Financial from $26.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Chime Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.74.
Check Out Our Latest Report on CHYM
More Chime Financial News
Here are the key news stories impacting Chime Financial this week:
- Positive Sentiment: Scotiabank initiated coverage of Chime Financial (CHYM) with a “Sector Outperform” rating and a $40 price target, implying approximately 18.9% upside from the referenced price. The new bullish coverage provides additional support for the stock’s recent advance. Scotiabank Initiates Chime Financial at Sector Outperform
- Positive Sentiment: Zacks added CHYM to its Rank #1, or “Strong Buy,” list for September 2, reinforcing the improving analyst view of the fintech company. New Strong Buy Stocks for September 2nd
- Positive Sentiment: Brokerages maintain a consensus “Moderate Buy” rating, with 14 buy ratings, four strong buys, three holds and one sell among 22 analysts. The broader bullish consensus follows Chime’s latest quarterly earnings beat, 26.8% year-over-year revenue growth and improved earnings performance. Chime Financial Given Average Rating of Moderate Buy
- Neutral Sentiment: News about Bancorp’s stronger earnings, reduced credit concerns and higher 2026 guidance highlights continued fintech-sector momentum, but it is not a direct update to Chime’s operations. Bancorp’s Fintech Comeback Gains Momentum
- Negative Sentiment: CEO Christopher Britt sold 100,000 CHYM shares for approximately $3.4 million. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which reduces the signal that the sale reflects a change in management’s outlook, but it may still weigh modestly on sentiment. Chime Financial CEO Sells 100,000 Shares
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.
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