Loop Capital Begins Coverage on Chime Financial (NASDAQ:CHYM)

Research analysts at Loop Capital began coverage on shares of Chime Financial (NASDAQ:CHYM) in a research note issued to investors on Wednesday, Marketbeat reports. The brokerage set a “buy” rating and a $45.00 price target on the stock. Loop Capital’s price objective would indicate a potential upside of 30.58% from the company’s current price.

Several other research firms have also recently weighed in on CHYM. The Goldman Sachs Group boosted 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. Scotiabank started coverage on shares of Chime Financial in a research report on Wednesday, September 2nd. They set a “sector outperform” rating and a $40.00 target price on the stock. Keefe, Bruyette & Woods boosted their target price on shares of Chime Financial from $30.00 to $35.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. B. Riley Financial raised their price target on shares of Chime Financial from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, KeyCorp boosted their price objective on shares of Chime Financial from $33.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday. Four research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.45.

Chime Financial Stock Up 6.7%

Shares of NASDAQ CHYM traded up $2.15 during midday trading on Wednesday, reaching $34.46. 2,242,360 shares of the company were exchanged, compared to its average volume of 5,264,612. The stock’s 50-day moving average price is $26.98 and its 200-day moving average price is $22.25. The stock has a market cap of $13.05 billion, a P/E ratio of -488.24 and a beta of 0.60. Chime Financial has a one year low of $15.88 and a one year high of $35.55.

Chime Financial (NASDAQ:CHYM) last released 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. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%.The company had revenue of $669.77 million for the quarter. During the same period last year, the business earned ($7.29) EPS. The company’s revenue was up 26.8% compared to the same quarter last year. On average, equities research analysts anticipate that Chime Financial will post 0.43 EPS for the current year.

Insider Buying and Selling

In other news, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were 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 of the company’s stock, valued at approximately $13,248,953.58. This represents a 91.66% decrease in their position. The transaction was disclosed in a document filed 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 transaction 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. Insiders sold a total of 13,879,790 shares of company stock worth $451,025,723 in the last 90 days. Corporate insiders own 12.30% of the company’s stock.

Institutional Trading of Chime Financial

A number of large investors have recently bought and sold shares of the business. Aspect Management LLC bought a new position in shares of Chime Financial in the 4th quarter worth about $300,361,000. Orland Properties Ltd bought a new stake in shares of Chime Financial during the 2nd quarter valued at about $159,093,000. Scge Management L.P. bought a new stake in shares of Chime Financial during the 2nd quarter valued at about $152,563,000. California State Teachers Retirement System acquired a new stake in Chime Financial during the second quarter worth approximately $59,367,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in Chime Financial by 2,720.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,756,555 shares of the company’s stock worth $51,630,000 after purchasing an additional 2,658,816 shares during the period.

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.