Chime Financial (NASDAQ:CHYM) Price Target Raised to $40.00 at KeyCorp

Chime Financial (NASDAQ:CHYM) had its target price lifted by KeyCorp from $33.00 to $40.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. KeyCorp’s price target indicates a potential upside of 23.80% from the company’s current price.

CHYM has been the topic of several other reports. Freedom Capital raised shares of Chime Financial to a “strong-buy” rating in a research note on Thursday, July 23rd. Weiss Ratings raised shares of Chime Financial from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 3rd. Wolfe Research raised their price target on shares of Chime Financial from $32.00 to $38.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. The Goldman Sachs Group boosted their price objective on shares of Chime Financial from $26.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, UBS Group upped their price objective on shares of Chime Financial from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Four investment 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $33.53.

Chime Financial Price Performance

Shares of Chime Financial stock opened at $32.31 on Wednesday. The business’s 50 day simple moving average is $26.98 and its two-hundred day simple moving average is $22.25. The stock has a market capitalization of $12.23 billion, a P/E ratio of -461.51 and a beta of 0.60. Chime Financial has a one year low of $15.88 and a one year high of $34.44.

Chime Financial (NASDAQ:CHYM) last announced its quarterly earnings data 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 during 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 quarter in the previous year, the firm posted ($7.29) EPS. Sell-side analysts expect that Chime Financial will post 0.43 earnings per share for the current fiscal year.

Insider Buying and Selling at Chime Financial

In other news, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of Chime Financial stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $32.66, for a total transaction of $145,538,087.62. Following the sale, the insider owned 405,663 shares of the company’s stock, valued at approximately $13,248,953.58. The trade was a 91.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ryan A. King sold 375,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $30.27, for a total transaction of $11,351,250.00. The disclosure for this sale is available in the SEC filing. 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 90 days. Company insiders own 12.30% of the company’s stock.

Institutional Trading of Chime Financial

Several institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC bought a new stake in Chime Financial during the 2nd quarter valued at approximately $33,000. Scopus Asset Management L.P. purchased a new position in shares of Chime Financial in the 2nd quarter valued at approximately $34,000. PNC Financial Services Group Inc. purchased a new position in shares of Chime Financial in the 4th quarter valued at approximately $25,000. Daiwa Securities Group Inc. bought a new stake in shares of Chime Financial during the second quarter valued at approximately $40,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of Chime Financial by 686.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,462 shares of the company’s stock valued at $37,000 after purchasing an additional 1,276 shares in the last quarter.

Chime Financial News Summary

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.

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.