Chime Financial (NASDAQ:CHYM) Rating Increased to Strong-Buy at Zacks Research

Posted by George Bondi on Aug 20th, 2026

Zacks Research upgraded shares of Chime Financial (NASDAQ:CHYM – Free Report) from a hold rating to a strong-buy rating in a research note published on Tuesday morning,Zacks.com reports.

A number of other brokerages have also recently weighed in on CHYM. Barclays lifted their price objective on shares of Chime Financial from $26.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, August 7th. BMO Capital Markets upped their price objective on Chime Financial from $28.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Keefe, Bruyette & Woods increased their price objective on Chime Financial from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Freedom Capital upgraded Chime Financial to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, Wall Street Zen raised Chime Financial from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Chime Financial presently has an average rating of “Moderate Buy” and an average price target of $31.39.

Check Out Our Latest Stock Analysis on CHYM

Chime Financial Price Performance

Shares of Chime Financial stock opened at $33.07 on Tuesday. The stock has a market capitalization of $12.52 billion, a price-to-earnings ratio of -472.36 and a beta of 0.31. The business has a 50-day moving average of $22.78 and a 200 day moving average of $21.11. Chime Financial has a 12 month low of $15.88 and a 12 month high of $33.41.

Chime Financial (NASDAQ:CHYM – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 1.28%. The firm’s revenue for the quarter was up 26.8% on a year-over-year basis. During the same quarter last year, the company earned ($7.29) earnings per share. Equities research analysts anticipate that Chime Financial will post 0.41 earnings per share for the current year.

Insider Buying and Selling at Chime Financial

In related news, CAO Amine Asmerom sold 10,000 shares of the company’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $30.00, for a total value of $300,000.00. Following the completion of the sale, the chief accounting officer directly owned 216,946 shares of the company’s stock, valued at $6,508,380. This represents a 4.41% 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, CFO Matthew S. Newcomb sold 65,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $30.17, for a total value of $1,961,050.00. Following the transaction, the chief financial officer owned 2,216,070 shares in the company, valued at $66,858,831.90. This represents a 2.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 4,891,471 shares of company stock valued at $156,168,157. 12.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Chime Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new stake in shares of Chime Financial in the second quarter valued at approximately $693,000. Legal & General Group Plc acquired a new position in shares of Chime Financial in the 2nd quarter valued at $136,000. Russell Investments Group Ltd. purchased a new stake in Chime Financial in the 2nd quarter valued at $958,000. EverSource Wealth Advisors LLC purchased a new stake in Chime Financial in the 2nd quarter valued at $33,000. Finally, Marshall Wace LLP acquired a new stake in Chime Financial during the 2nd quarter worth $9,087,000.

More Chime Financial News

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

Positive Sentiment: Higher earnings expectations support momentum. Zacks reported that analysts have been raising their earnings estimates for Chime, a trend that can signal improving confidence in the company’s profitability outlook. CHYM was also added to Zacks’ Rank #1 “Strong Buy” and momentum-stock lists. Earnings Estimates Moving Higher for Chime Financial
Positive Sentiment: Morgan Stanley raised its price target. The firm increased its target from $33 to $39 and maintained an “overweight” rating, providing a bullish signal as investors assess Chime’s growth potential. Morgan Stanley Chime Financial price-target report
Positive Sentiment: Recent results showed profitable growth. Chime’s latest quarterly report included adjusted earnings of $0.07 per share, exceeding the $0.01-per-share loss analysts expected, while revenue increased 26.8% year over year to approximately $670 million. The earnings call emphasized continued growth and progress toward profitability. Chime Financial Earnings Call Highlights Profitable Growth
Neutral Sentiment: Management will appear at an investor conference. CEO and co-founder Chris Britt is scheduled for a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 9. The webcast could provide additional commentary on growth, customer trends and the profitability roadmap, but the event is several weeks away. Chime to Participate in Goldman Sachs Conference
Negative Sentiment: A major shareholder has been reducing its position. Global Advisors Ltd. Dst sold more than 524,000 shares at about $32.18 after selling 713,289 shares the prior day and additional large blocks earlier in August. The disposals may create selling pressure or raise concerns about profit-taking near recent highs, although the trades do not necessarily reflect company-specific problems. Chime Financial Major Shareholder Stock Sale

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.