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

Chime Financial, Inc. (NASDAQ:CHYM) hit a new 52-week high during mid-day 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 trading hands. The stock had previously closed at $32.31.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen raised Chime Financial from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Keefe, Bruyette & Woods upped their price target on shares of Chime Financial from $30.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Freedom Capital raised shares of Chime Financial to a “strong-buy” rating in a research report on Thursday, July 23rd. BMO Capital Markets raised their price objective on shares of Chime Financial from $28.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, Canaccord Genuity Group upped their target price on shares of Chime Financial from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $33.89.

Insider Activity

In other news, major shareholder Global Advisors Ltd Dst sold 1,168,667 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $33.04, for a total transaction of $38,612,757.68. Following the sale, the insider owned 369,370 shares of the company’s stock, valued at $12,203,984.80. This trade represents a 75.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Christopher R. Britt sold 200,000 shares of Chime Financial stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $32.04, for a total transaction of $6,408,000.00. 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. Insiders sold a total of 13,879,790 shares of company stock valued at $451,025,723 over the last quarter. 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

Institutional investors have recently bought and sold shares of the business. AMS Capital Ltda purchased a new stake in Chime Financial during the first quarter valued at $3,439,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Chime Financial by 2,720.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,756,555 shares of the company’s stock worth $51,630,000 after buying an additional 2,658,816 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Chime Financial during the 4th quarter valued at about $1,274,000. Brown University lifted its holdings in shares of Chime Financial by 99.0% in the 1st quarter. Brown University now owns 204,625 shares of the company’s stock valued at $3,833,000 after acquiring an additional 101,820 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Chime Financial by 115.0% in the first quarter. Bank of America Corp DE now owns 319,579 shares of the company’s stock worth $5,986,000 after acquiring an additional 170,941 shares in the last quarter.

Chime Financial Stock Up 5.7%

The company has a market capitalization of $12.93 billion, a P/E ratio of -486.87 and a beta of 0.60. The company has a 50 day simple moving average of $26.98 and a two-hundred day simple moving average of $22.25.

Chime Financial (NASDAQ:CHYM) last released its earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.08. The firm had revenue of $669.77 million for the quarter. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%.The business’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) EPS. As a group, research analysts expect that Chime Financial, Inc. will post 0.43 EPS for the current fiscal 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.