Chime Financial (NASDAQ:CHYM) Price Target Raised to $45.00

Posted by Francis Steltz on Aug 9th, 2026

Chime Financial (NASDAQ:CHYM – Free Report) had its price objective increased by Canaccord Genuity Group from $40.00 to $45.00 in a research note issued to investors on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

CHYM has been the subject of a number of other research reports. Wells Fargo & Company upped their target price on shares of Chime Financial from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Compass Point upgraded shares of Chime Financial from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $33.00 to $27.00 in a research report on Monday, April 13th. UBS Group upped their price objective on shares of Chime Financial from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Chime Financial in a report on Wednesday, June 3rd. Finally, BMO Capital Markets raised their target price on shares of Chime Financial from $28.00 to $32.00 and gave the stock an “outperform” rating in a research note on Thursday. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Chime Financial currently has an average rating of “Moderate Buy” and an average price target of $31.06.

Read Our Latest Analysis on Chime Financial

Chime Financial Trading Down 6.9%

CHYM stock opened at $29.10 on Thursday. Chime Financial has a 12-month low of $15.88 and a 12-month high of $33.41. The business’s 50-day moving average is $20.52 and its 200 day moving average is $20.83. The stock has a market cap of $11.09 billion, a price-to-earnings ratio of -415.65 and a beta of 0.31.

Chime Financial (NASDAQ:CHYM – Get Free Report) last released its earnings results 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 business had revenue of $669.77 million for the quarter. Chime Financial had a negative return on equity of 1.27% and a negative net margin of 0.74%.The business’s revenue was up 26.8% compared to the same quarter last year. During the same quarter last year, the business earned ($7.29) EPS. As a group, equities analysts forecast that Chime Financial will post 0.34 EPS for the current fiscal year.

Insider Activity at Chime Financial

In related news, CAO Amine Asmerom sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $25.00, for a total value of $250,000.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 stock in a transaction on Monday, June 15th. The stock was sold at an average price of $17.50, for a total value of $52,500.00. Following the transaction, the general counsel owned 303,795 shares of the company’s stock, valued at approximately $5,316,412.50. This represents a 0.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 16,000 shares of company stock valued at $356,500. Corporate insiders own 12.30% of the company’s stock.

Hedge Funds Weigh In On Chime Financial

Large investors have recently made changes to their positions in the stock. Tiger Global Management LLC boosted its position in shares of Chime Financial by 13.8% during the 4th quarter. Tiger Global Management LLC now owns 14,192,499 shares of the company’s stock worth $357,225,000 after purchasing an additional 1,721,731 shares during the period. Aspect Management LLC purchased a new stake in Chime Financial in the fourth quarter valued at approximately $300,361,000. Ashton Thomas Private Wealth LLC acquired a new position in Chime Financial during the fourth quarter worth $129,091,000. Orland Properties Ltd acquired a new position in Chime Financial during the second quarter worth $159,093,000. Finally, Scge Management L.P. purchased a new position in shares of Chime Financial during the second quarter worth $152,563,000.

Key Chime Financial News

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.

About Chime Financial

(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.