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

Chime Financial (NASDAQ:CHYM) had its price objective lifted by equities researchers at The Goldman Sachs Group from $26.00 to $33.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. The Goldman Sachs Group’s target price suggests a potential upside of 27.31% from the company’s previous close.

A number of other equities research analysts have also weighed in on the stock. BMO Capital Markets decreased their target price on shares of Chime Financial from $30.00 to $28.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Wall Street Zen raised Chime Financial from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Texas Capital upgraded Chime Financial to a “strong-buy” rating in a research report on Tuesday, April 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of Chime Financial in a report on Wednesday, June 3rd. Finally, Barclays began coverage on Chime Financial in a research report on Wednesday, July 8th. They issued an “overweight” rating and a $26.00 target price on the stock. Five investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $29.53.

Chime Financial Trading Up 3.9%

Shares of CHYM opened at $25.92 on Thursday. The company has a market cap of $9.88 billion, a price-to-earnings ratio of -3.49 and a beta of 0.31. Chime Financial has a 12 month low of $15.88 and a 12 month high of $33.99. The business’s fifty day simple moving average is $20.05 and its two-hundred day simple moving average is $20.74.

Chime Financial (NASDAQ:CHYM) last posted its earnings results on Wednesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.08. Chime Financial had a negative net margin of 41.87% and a negative return on equity of 67.86%. The business had revenue of $669.77 million for the quarter. During the same quarter in the prior year, the company posted ($7.29) EPS. Chime Financial’s revenue was up 26.8% on a year-over-year basis. As a group, research analysts forecast that Chime Financial will post 0.3 EPS for the current year.

Insider Buying and Selling at Chime Financial

In other news, CAO Amine Asmerom sold 10,000 shares of Chime Financial stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $25.00, for a total transaction of $250,000.00. Following 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 business’s stock in a transaction 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 directly owned 303,795 shares of the company’s stock, valued at approximately $5,316,412.50. The trade was a 0.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 16,000 shares of company stock worth $356,500 in the last quarter. Corporate insiders own 12.30% of the company’s stock.

Institutional Trading of Chime Financial

Several hedge funds have recently bought and sold shares of CHYM. Aspect Management LLC bought a new position in shares of Chime Financial during the 4th quarter valued at approximately $300,361,000. Ashton Thomas Private Wealth LLC bought a new stake in Chime Financial during the 4th quarter worth approximately $129,091,000. Orland Properties Ltd purchased a new position in Chime Financial during the second quarter valued at approximately $159,093,000. Scge Management L.P. bought a new position in shares of Chime Financial in the second quarter worth approximately $152,563,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Chime Financial by 2,720.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,756,555 shares of the company’s stock worth $51,630,000 after purchasing an additional 2,658,816 shares in the last quarter.

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, 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.

About Chime Financial

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.