Chime Financial (NASDAQ:CHYM) Given New $33.00 Price Target at The Goldman Sachs Group

Chime Financial (NASDAQ:CHYM) had its price objective hoisted by investment analysts at The Goldman Sachs Group from $26.00 to $33.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. The Goldman Sachs Group’s price objective indicates a potential upside of 27.31% from the company’s current price.

A number of other research firms have also weighed in on CHYM. BMO Capital Markets dropped their target price on Chime Financial from $30.00 to $28.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Freedom Capital upgraded Chime Financial to a “strong-buy” rating in a research note on Thursday, July 23rd. Wells Fargo & Company increased their target price on shares of Chime Financial from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Texas Capital raised shares of Chime Financial to a “strong-buy” rating in a research report on Tuesday, April 14th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $40.00 target price on shares of Chime Financial in a report on Friday, July 31st. Five research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $29.53.

Chime Financial Trading Up 3.9%

Chime Financial stock opened at $25.92 on Thursday. The firm has a market capitalization of $9.88 billion, a price-to-earnings ratio of -3.49 and a beta of 0.31. The firm’s fifty day moving average price is $20.05 and its two-hundred day moving average price is $20.74. Chime Financial has a 1-year low of $15.88 and a 1-year high of $33.99.

Chime Financial (NASDAQ:CHYM) last posted 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 company had revenue of $669.77 million for the quarter. Chime Financial had a negative net margin of 41.87% and a negative return on equity of 67.86%. The company’s revenue was up 26.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($7.29) EPS. On average, research analysts forecast that Chime Financial will post 0.3 EPS for the current year.

Insider Activity at Chime Financial

In other 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 transaction, the chief accounting officer owned 226,946 shares in the company, valued at $5,673,650. This trade represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $17.50, for a total transaction of $52,500.00. Following the sale, the general counsel owned 303,795 shares in the company, valued at $5,316,412.50. The trade was a 0.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 16,000 shares of company stock valued at $356,500. 12.30% of the stock is currently owned by company insiders.

Institutional Trading of Chime Financial

A number of institutional investors have recently added to or reduced their stakes in the stock. Tiger Global Management LLC boosted its position in shares of Chime Financial by 13.8% in the fourth quarter. Tiger Global Management LLC now owns 14,192,499 shares of the company’s stock valued at $357,225,000 after acquiring an additional 1,721,731 shares during the period. Aspect Management LLC purchased a new position in Chime Financial during the fourth quarter worth about $300,361,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Chime Financial during the 4th quarter valued at about $129,091,000. Orland Properties Ltd purchased a new stake in Chime Financial in the second quarter valued at approximately $159,093,000. Finally, Scge Management L.P. bought a new position in shares of Chime Financial in the 2nd quarter worth $152,563,000.

More 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, compared with analysts’ expected loss of $0.01 and a loss of $7.29 in the year-ago period. Revenue increased 26.8% year over year to $669.77 million, while the company delivered a second consecutive quarter of GAAP profitability. Chime Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Management issued third-quarter revenue guidance of $680 million to $690 million, above the $669.5 million consensus estimate. The outlook suggests demand is holding up and growth may continue accelerating. Chime Q2 Earnings Metrics
• Positive Sentiment: Chime raised its 2026 revenue-growth forecast, citing robust demand for its digital banking products. Chime Prime, liquidity products, direct-deposit relationships, and new employer partnerships are supporting expansion into lending and additional financial services. Chime Lifts 2026 Revenue Forecast
• Neutral Sentiment: Chief Accounting Officer Amine Asmerom sold 10,000 shares worth $250,000 under a pre-arranged Rule 10b5-1 trading plan. The sale reduced his holdings by 4.22%, but its planned nature limits the bearish interpretation.
• Neutral Sentiment: Unusually heavy options volume indicates elevated investor interest following the earnings release, but it does not provide a clear directional signal. Unusually Large Options Volume
• Negative Sentiment: Longtime Chief Financial Officer Matt Newcomb is stepping down. Although the operating outlook remains strong, the leadership transition could create uncertainty for investors.

Chime Financial Company Profile

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.