6,000 Shares in Chime Financial, Inc. $CHYM Acquired by Hennessy Advisors Inc.

Hennessy Advisors Inc. acquired a new position in Chime Financial, Inc. (NASDAQ:CHYM) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 6,000 shares of the company’s stock, valued at approximately $207,000.

Separately, PFG Investments LLC bought a new position in Chime Financial in the 2nd quarter worth approximately $350,000.

Chime Financial Price Performance

Shares of NASDAQ CHYM opened at $20.87 on Monday. Chime Financial, Inc. has a 1-year low of $19.85 and a 1-year high of $44.94. The business has a fifty day moving average of $26.59.

Chime Financial (NASDAQ:CHYM) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($7.29) EPS for the quarter, missing analysts’ consensus estimates of ($4.85) by ($2.44). The firm had revenue of $528.15 million for the quarter, compared to analyst estimates of $503.88 million. The business’s revenue for the quarter was up 37.5% on a year-over-year basis. Chime Financial has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Analyst Ratings Changes

CHYM has been the subject of several research analyst reports. Compass Point initiated coverage on shares of Chime Financial in a research report on Wednesday, July 2nd. They issued a “neutral” rating and a $33.00 price objective for the company. JPMorgan Chase & Co. began coverage on shares of Chime Financial in a research report on Monday, July 7th. They set an “overweight” rating and a $40.00 target price for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Chime Financial in a research report on Saturday, September 27th. Canaccord Genuity Group reiterated a “buy” rating and set a $40.00 target price on shares of Chime Financial in a research report on Monday, August 11th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Chime Financial from $42.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.15.

Chime Financial Company Profile

Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company’s model is designed to eliminate common fees and simplify access to basic financial services.

Chime does not charge overdraft fees, monthly service fees, or require minimum balances.