Chime Financial (NASDAQ:CHYM) Stock Gets Price Target Increase from The Goldman Sachs Group

Chime Financial (NASDAQ:CHYM) had its target price lifted by investment analysts at The Goldman Sachs Group from $38.00 to $43.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. The Goldman Sachs Group‘s target price would indicate a potential upside of 41.43% from the company’s previous close.

A number of other equities research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Chime Financial from a “hold” rating to a “buy” rating and upped their price target for the company from $30.00 to $35.00 in a report on Thursday, October 8th. Barclays raised their price target on shares of Chime Financial from $33.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday, September 9th. Rothschild & Co Redburn upgraded shares of Chime Financial from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research report on Monday, September 14th. Zacks Research upgraded shares of Chime Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Finally, Monness Crespi & Hardt initiated coverage on shares of Chime Financial in a research note on Monday, October 26th. They set a “neutral” rating for the company. Three analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $38.89.

Chime Financial Price Performance

Chime Financial stock traded up $0.53 during trading hours on Thursday, reaching $30.40. The company had a trading volume of 4,302,633 shares, compared to its average volume of 5,317,374. The company has a 50-day moving average price of $30.04 and a 200 day moving average price of $23.85. The firm has a market cap of $11.51 billion, a price-to-earnings ratio of -430.90 and a beta of 0.74. Chime Financial has a 12-month low of $15.88 and a 12-month high of $35.55.

Chime Financial (NASDAQ:CHYM) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. Chime Financial had a negative return on equity of 1.28% and a negative net margin of 0.74%. The firm had revenue of $718.00 million during the quarter. During the same period last year, the company posted ($0.15) EPS. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. As a group, research analysts expect that Chime Financial will post 0.46 earnings per share for the current year.

Insider Activity at Chime Financial

In related news, major shareholder Global Advisors Ltd Dst sold 4,456,157 shares of Chime Financial stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $32.66, for a total transaction of $145,538,087.62. Following the sale, the insider directly owned 405,663 shares in the company, valued at $13,248,953.58. The trade was a 91.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders sold 16,432,912 shares of company stock valued at $541,335,425. Company insiders own 12.30% of the company’s stock.

Hedge Funds Weigh In On Chime Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NFSG Corp purchased a new stake in shares of Chime Financial in the 3rd quarter worth about $27,000. Reyes Financial Architecture Inc. purchased a new position in Chime Financial during the 3rd quarter valued at about $39,000. Nisa Investment Advisors LLC lifted its position in Chime Financial by 529.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,889 shares of the company’s stock valued at $50,000 after acquiring an additional 1,589 shares during the period. GAMMA Investing LLC boosted its stake in Chime Financial by 1,316.3% during the third quarter. GAMMA Investing LLC now owns 2,167 shares of the company’s stock worth $58,000 after acquiring an additional 2,014 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in Chime Financial in the third quarter worth about $70,000.

More Chime Financial News

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

• Positive Sentiment: Q3 revenue rose 32.1% year over year to $718 million, and adjusted earnings of $0.11 per share beat the $0.09 consensus estimate. Chime also recorded its third consecutive GAAP-profit quarter, according to coverage of the results. Chime Financial Q3 2026 earnings Company earnings results
• Positive Sentiment: Lending growth helped drive the quarter, while robust demand led Chime to raise its annual revenue forecast—an indication that momentum is carrying beyond the reported period. Chime raises annual revenue forecast
• Positive Sentiment: Chime forecast Q4 revenue of $757 million to $767 million, suggesting continued growth after Q3’s acceleration. Chime Q4 revenue forecast and Stride timeline
• Neutral Sentiment: The company is targeting completion of its Stride transaction in the first half of 2027. The deal may offer strategic opportunities, but it remains pending and its eventual impact is uncertain. Chime Q4 revenue forecast and Stride timeline

About Chime Financial

Chime Financial, Inc is a financial technology company that provides digital banking services through its Chime platform. The company offers consumer-focused spending, saving and credit products designed to be accessed primarily through mobile applications rather than traditional branch locations.

Chime’s products include spending accounts with debit cards, savings accounts, direct-deposit services, early access to qualifying paychecks, fee-free overdraft protection through SpotMe, and credit-building products.