Chime Financial (NASDAQ:CHYM) Hits New 52-Week High – Should You Buy?

Posted by George Bondi on Aug 22nd, 2026

Chime Financial, Inc. (NASDAQ:CHYM – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $33.68 and last traded at $33.4830, with a volume of 466475 shares trading hands. The stock had previously closed at $33.07.

Chime Financial News Roundup

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

Positive Sentiment: Zacks Research upgraded Chime Financial from “hold” to “strong buy.” Zacks also highlighted the stock’s recent momentum and improving earnings expectations, reinforcing the bullish case for CHYM. Zacks upgrade
Positive Sentiment: A Morgan Stanley analyst reportedly expects Chime Financial shares to rise, adding further support from Wall Street to the recent advance. Morgan Stanley outlook
Positive Sentiment: Chime’s latest quarterly results exceeded expectations, with earnings of $0.07 per share versus the $0.01-per-share loss analysts expected. Revenue increased 26.8% year over year to approximately $669.8 million, signaling improving operating performance.
Neutral Sentiment: Chief Executive Officer Chris Britt is scheduled to participate in a Goldman Sachs technology conference on September 9. Any updated guidance or commentary could influence investor sentiment, but the event has no immediate financial impact. Goldman Sachs conference announcement
Negative Sentiment: Major shareholder Global Advisors Ltd. Dst sold 4.46 million CHYM shares for about $145.5 million on August 19, after selling 353,812 shares worth roughly $11.4 million on August 18. The transactions reduced its position by 91.66% and 44.16%, respectively, and could pressure the stock if continued selling increases available supply. SEC insider transaction filing

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CHYM. Wells Fargo & Company boosted their price target 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. UBS Group increased their price objective on shares of Chime Financial from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. BMO Capital Markets lifted their target price on shares of Chime Financial from $28.00 to $32.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Wolfe Research reissued an “outperform” rating and set a $32.00 target price on shares of Chime Financial in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Chime Financial from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, August 6th. Four equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, Chime Financial presently has an average rating of “Moderate Buy” and a consensus price target of $31.39.

Read Our Latest Analysis on Chime Financial

Chime Financial Stock Performance

The company has a market cap of $12.41 billion, a PE ratio of -468.22 and a beta of 0.31. The firm’s 50 day moving average is $23.39 and its 200-day moving average is $21.24.

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, topping analysts’ consensus estimates of ($0.01) by $0.08. The business 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 company’s revenue for the quarter was up 26.8% compared to the same quarter last year. During the same period last year, the business earned ($7.29) earnings per share. On average, analysts predict that Chime Financial, Inc. will post 0.41 EPS for the current year.

Insider Transactions at Chime Financial

In other Chime Financial news, CFO Matthew S. Newcomb sold 65,000 shares of the business’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $30.17, for a total transaction of $1,961,050.00. Following the transaction, the chief financial officer owned 2,216,070 shares of the company’s stock, valued at approximately $66,858,831.90. The trade was a 2.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $32.66, for a total value of $145,538,087.62. Following the transaction, the insider directly owned 405,663 shares in the company, valued at $13,248,953.58. This trade represents a 91.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 9,701,440 shares of company stock valued at $313,102,529. 12.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. acquired a new position in shares of Chime Financial during the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Chime Financial in the second quarter valued at about $33,000. Scopus Asset Management L.P. acquired a new stake in Chime Financial during the second quarter worth about $34,000. Caitong International Asset Management Co. Ltd increased its position in Chime Financial by 686.0% during the fourth 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 during the last quarter. Finally, Daiwa Securities Group Inc. purchased a new position in Chime Financial during the second quarter worth about $40,000.

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.