Chime Financial (NASDAQ:CHYM) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Posted by Brian Himes on Aug 8th, 2026

Chime Financial (NASDAQ:CHYM – Get Free Report) had its target price increased by research analysts at BMO Capital Markets from $28.00 to $32.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 9.97% from the company’s previous close.

A number of other research analysts have also commented on the stock. Texas Capital upgraded shares of Chime Financial to a “strong-buy” rating in a research note on Tuesday, April 14th. Freedom Capital upgraded Chime Financial to a “strong-buy” rating in a report on Thursday, July 23rd. Wells Fargo & Company boosted their price objective on Chime Financial from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Wall Street Zen raised Chime Financial from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. Finally, Wolfe Research reissued an “outperform” rating and set a $32.00 price target on shares of Chime Financial in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Chime Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.06.

Check Out Our Latest Report on CHYM

Chime Financial Price Performance

CHYM stock opened at $29.10 on Thursday. Chime Financial has a one year low of $15.88 and a one year high of $33.41. The stock has a market cap of $11.09 billion, a price-to-earnings ratio of -415.65 and a beta of 0.31. The company has a fifty day moving average price of $20.52 and a two-hundred day moving average price of $20.83.

Chime Financial (NASDAQ:CHYM – Get Free Report) last issued 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 company had revenue of $669.77 million for the quarter. Chime Financial had a negative net margin of 0.74% and a negative return on equity of 1.27%. Chime Financial’s revenue for the quarter was up 26.8% compared to the same quarter last year. During the same period in the previous year, the company earned ($7.29) earnings per share. Research analysts anticipate that Chime Financial will post 0.32 EPS for the current fiscal year.

Insider Transactions at Chime Financial

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

Institutional Investors Weigh In On Chime Financial

Large investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. bought a new position in Chime Financial during the 4th quarter worth $25,000. EverSource Wealth Advisors LLC bought a new stake in shares of Chime Financial during the 2nd quarter valued at $33,000. Scopus Asset Management L.P. bought a new stake in shares of Chime Financial during the 2nd quarter valued at $34,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Chime Financial by 686.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,462 shares of the company’s stock worth $37,000 after purchasing an additional 1,276 shares in the last quarter. Finally, Daiwa Securities Group Inc. acquired a new stake in shares of Chime Financial during the 2nd quarter worth $40,000.

Key Headlines 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

(Get Free Report)

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.