Chime Financial (NASDAQ:CHYM) Stock Price Expected to Rise, B. Riley Financial Analyst Says

Chime Financial (NASDAQ:CHYM) had its target price lifted by stock analysts at B. Riley Financial from $35.00 to $37.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. B. Riley Financial’s target price would suggest a potential upside of 27.15% from the company’s previous close.

CHYM has been the subject of several other research reports. Freedom Capital upgraded shares of Chime Financial to a “strong-buy” rating in a research note on Thursday, July 23rd. Wall Street Zen upgraded shares of Chime Financial from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Barclays began coverage on shares of Chime Financial in a report on Wednesday, July 8th. They issued an “overweight” rating and a $26.00 price target on the stock. Wells Fargo & Company increased their price objective on Chime Financial from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, Wolfe Research reissued an “outperform” rating and issued a $32.00 price objective on shares of Chime Financial in a research report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.06.

Chime Financial Price Performance

Shares of CHYM stock opened at $29.10 on Thursday. The stock’s 50-day moving average is $20.52 and its 200 day moving average is $20.83. Chime Financial has a 1-year low of $15.88 and a 1-year high of $33.41. The company has a market cap of $11.09 billion, a P/E ratio of -415.65 and a beta of 0.31.

Chime Financial (NASDAQ:CHYM) last announced its earnings results on Wednesday, August 5th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.08. Chime Financial had a negative net margin of 0.74% and a negative return on equity of 1.27%. The business had revenue of $669.77 million during the quarter. During the same quarter in the prior year, the firm posted ($7.29) earnings per share. The business’s revenue for the quarter was up 26.8% compared to the same quarter last year. On average, analysts anticipate that Chime Financial will post 0.32 EPS for the current year.

Insider Activity at Chime Financial

In related news, General Counsel Adam B. Frankel sold 3,000 shares of Chime Financial stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $17.50, for a total value of $52,500.00. Following the completion of the sale, the general counsel directly owned 303,795 shares in the company, valued at $5,316,412.50. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Amine Asmerom sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $25.00, for a total transaction of $250,000.00. Following the sale, the chief accounting officer directly owned 226,946 shares in the company, valued at approximately $5,673,650. This represents a 4.22% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 16,000 shares of company stock valued at $356,500 over the last ninety days. 12.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Chime Financial

A number of large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp acquired a new position in shares of Chime Financial in the 2nd quarter valued at $13,453,000. Handelsbanken Fonder AB acquired a new stake in Chime Financial during the 2nd quarter worth about $1,358,000. Affinity Capital Advisors LLC purchased a new stake in Chime Financial during the 2nd quarter valued at about $325,000. AMS Capital Ltda acquired a new position in shares of Chime Financial in the first quarter valued at about $3,439,000. Finally, NewEdge Advisors LLC increased its holdings in shares of Chime Financial by 61.8% in the first quarter. NewEdge Advisors LLC now owns 28,780 shares of the company’s stock valued at $539,000 after purchasing an additional 10,997 shares during the period.

Key Stories Impacting Chime Financial

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

• Positive Sentiment: Chime reported second-quarter earnings of $0.07 per share, versus the consensus estimate of a $0.01 loss. Revenue increased 26.8% year over year to $669.77 million, supported by stronger user engagement and continued adoption of its digital banking and lending products. Chime Financial stock surges after strong Q2 beat
• Positive Sentiment: Management forecast third-quarter revenue of approximately $680 million to $690 million and projected 2026 revenue of $2.725 billion to $2.745 billion, reinforcing expectations for continued growth. Direct-deposit relationships are also helping Chime expand into lending and other financial products. Chime forecasts 2026 revenue and workforce reduction
• Positive Sentiment: Several analysts raised their price targets after the earnings release. Barclays increased its target to $33 and kept an overweight rating; Morgan Stanley raised its target to $33 with an overweight rating; Piper Sandler raised its target to $35; and BMO, Goldman Sachs, KBW, B. Riley and Canaccord also issued higher targets, with Canaccord at $45 and a buy rating. Analyst price-target updates
• Neutral Sentiment: UBS raised its target to $28 but retained a neutral rating, implying the shares may already reflect much of the improved outlook. UBS Chime Financial price target
• Negative Sentiment: Chime plans to reduce its workforce by roughly 10%. While the move could improve efficiency and profitability, it may signal tighter expense controls and create execution or morale risks. The planned departure of CFO Matt Newcomb adds another leadership-transition concern.
• Neutral Sentiment: Chief Accounting Officer Amine Asmerom sold 10,000 shares for $250,000 under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled in advance and represents only 4.22% of his holdings, it is a limited signal.

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.