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

12 Sep 2026, 03:04 by Teresa Graham · The Cerbat Gem

Chime Financial (NASDAQ:CHYM – Free Report) had its price objective raised by Piper Sandler from $35.00 to $40.00 in a report issued on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other research analysts have also commented on CHYM. Barclays lifted their price target on shares of Chime Financial from $33.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday. Wall Street Zen upgraded shares of Chime Financial from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Wells Fargo & Company raised their target price on shares of Chime Financial from $33.00 to $39.00 and gave the stock an “overweight” rating in a report on Tuesday, August 25th. BMO Capital Markets lifted their target price on Chime Financial from $28.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, KeyCorp upped their target price on Chime Financial from $33.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $35.00.

Read Our Latest Stock Analysis on Chime Financial

Chime Financial Trading Up 1.0%

CHYM stock opened at $33.00 on Wednesday. The stock’s 50 day simple moving average is $27.73 and its 200 day simple moving average is $22.50. Chime Financial has a 12-month low of $15.88 and a 12-month high of $35.55. The firm has a market cap of $12.49 billion, a P/E ratio of -471.36 and a beta of 0.60.

Chime Financial (NASDAQ:CHYM – Get Free Report) last released its quarterly earnings data 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 1.28%. The firm had revenue of $669.77 million during the quarter. During the same period in the prior year, the firm earned ($7.29) EPS. The business’s revenue for the quarter was up 26.8% compared to the same quarter last year. On average, research analysts forecast that Chime Financial will post 0.44 EPS for the current fiscal year.

Insider Transactions at Chime Financial

In other Chime Financial news, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of the firm’s stock in a transaction that occurred 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 owned 405,663 shares in the company, valued at approximately $13,248,953.58. This trade represents a 91.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ryan A. King sold 375,000 shares of Chime Financial stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $30.27, for a total value of $11,351,250.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 14,001,346 shares of company stock valued at $455,248,155 over the last three months. 12.30% of the stock is currently owned by company insiders.

Institutional Trading of Chime Financial

Several large investors have recently added to or reduced their stakes in the business. Aspect Management LLC bought a new stake in Chime Financial during the 4th quarter valued at $300,361,000. Orland Properties Ltd bought a new position in shares of Chime Financial in the second quarter worth $159,093,000. Scge Management L.P. bought a new position in shares of Chime Financial in the second quarter worth $152,563,000. California State Teachers Retirement System acquired a new position in shares of Chime Financial during the second quarter valued at $59,367,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of 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 valued at $51,630,000 after purchasing an additional 2,658,816 shares during the period.

Chime Financial News Roundup

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

Positive Sentiment: Chime agreed to acquire Stride Bank, its longtime banking partner, for approximately $590 million in cash. Owning a nationally chartered bank could reduce partner fees and funding costs, improve control over lending and compliance, and generate more than $100 million in annual savings. The transaction is expected to be accretive to earnings after its anticipated first-half 2027 closing. Stride Bank acquisition article
Positive Sentiment: Management raised its outlook, projecting third-quarter revenue of approximately $705 million and full-year 2026 revenue of $2.76 billion to $2.77 billion. Full-year adjusted EBITDA guidance increased to $481 million-$489 million, supporting the investment case.
Positive Sentiment: Analyst sentiment strengthened. KeyCorp raised its price target to $40, Scotiabank to $42, and Loop Capital initiated coverage with a Buy rating and a $45 target. Other firms, including Morgan Stanley, Piper Sandler and UBS, also reportedly increased targets, while Zacks added CHYM to its Strong Buy momentum list. KeyCorp price target article
Neutral Sentiment: The Stride transaction requires regulatory approval and will expose Chime to bank capital requirements, federal oversight and integration risks. Investors will also monitor whether the bank remains below the $10 billion asset threshold, which affects debit-card interchange economics.
Negative Sentiment: Valuation appears stretched after an approximately 86% three-month rally and a move close to the 52-week high. UBS maintained a Neutral rating despite raising its target to $31, indicating some analysts see limited upside at elevated levels.
Negative Sentiment: Insiders continued to sell shares. Major shareholder Global Advisors Ltd Dst sold 59,630 shares for about $2.09 million, while Ryan King sold 42,421 shares for approximately $1.49 million. Chief Accounting Officer Amine Asmerom also sold 19,505 shares for about $642,000. The executive sales were conducted under pre-arranged Rule 10b5-1 plans, reducing their significance as discretionary bearish signals.

Chime Financial Company Profile

(Get Free Report)

Chime Financial, Inc is a financial technology company that operates a digital banking platform in the United States. Chime provides consumer-focused banking services through its mobile application and website, offering checking and savings accounts, debit cards, direct-deposit services and tools designed to help customers manage their everyday finances. Chime is not a traditional bank; its banking services are provided through partner financial institutions.