Chime Financial (NASDAQ:CHYM) Now Covered by Analysts at Loop Capital

Stock analysts at Loop Capital initiated coverage on shares of Chime Financial (NASDAQ:CHYM) in a research note issued on Wednesday, MarketBeat Ratings reports. The firm set a “buy” rating and a $45.00 price target on the stock. Loop Capital’s price target suggests a potential upside of 30.58% from the company’s current price.

CHYM has been the subject of several other research reports. Freedom Capital upgraded Chime Financial to a “strong-buy” rating in a research report on Thursday, July 23rd. Scotiabank assumed coverage on Chime Financial in a research note on Wednesday, September 2nd. They issued a “sector outperform” rating and a $40.00 target price for the company. The Goldman Sachs Group lifted their price target on Chime Financial from $26.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings raised shares of Chime Financial from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, September 3rd. Finally, Zacks Research upgraded shares of Chime Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.45.

Chime Financial Trading Up 6.7%

CHYM stock traded up $2.15 during trading on Wednesday, hitting $34.46. 2,242,360 shares of the stock traded hands, compared to its average volume of 5,264,612. Chime Financial has a one year low of $15.88 and a one year high of $35.55. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of -488.24 and a beta of 0.60. The company has a 50 day simple moving average of $26.98 and a 200 day simple moving average of $22.25.

Chime Financial (NASDAQ:CHYM) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.08. The firm 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%. Chime Financial’s quarterly revenue was up 26.8% compared to the same quarter last year. During the same period in the prior year, the company posted ($7.29) earnings per share. As a group, analysts predict that Chime Financial will post 0.43 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder Global Advisors Ltd Dst sold 1,168,667 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $33.04, for a total value of $38,612,757.68. Following the transaction, the insider owned 369,370 shares of the company’s stock, valued at approximately $12,203,984.80. This trade represents a 75.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Christopher R. Britt sold 200,000 shares of Chime Financial stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $32.04, for a total transaction of $6,408,000.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,879,790 shares of company stock valued at $451,025,723 over the last three months. Company insiders own 12.30% of the company’s stock.

Hedge Funds Weigh In On Chime Financial

Several large investors have recently bought and sold shares of CHYM. AMS Capital Ltda acquired a new position in shares of Chime Financial during the 1st quarter worth $3,439,000. Arrowstreet Capital Limited Partnership boosted its stake in 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 valued at $51,630,000 after buying an additional 2,658,816 shares in the last quarter. Hsbc Holdings PLC bought a new position in Chime Financial in the fourth quarter valued at about $1,274,000. Brown University raised its stake in Chime Financial by 99.0% during the first quarter. Brown University now owns 204,625 shares of the company’s stock worth $3,833,000 after acquiring an additional 101,820 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in Chime Financial by 115.0% during the first quarter. Bank of America Corp DE now owns 319,579 shares of the company’s stock worth $5,986,000 after acquiring an additional 170,941 shares in the last quarter.

Key Chime Financial News

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

• Positive Sentiment: Acquisition of Stride Bank: Chime agreed to acquire nationally chartered Stride Bank for $590 million in cash. Stride has been Chime’s banking partner for more than seven years, and the transaction would make it a wholly owned subsidiary renamed Chime Bank, N.A. The deal could give Chime greater control over deposits, lending, compliance and product development. Chime Announces Agreement to Acquire Stride Bank
• Positive Sentiment: Higher 2026 outlook: Chime raised its full-year 2026 revenue guidance to as much as $2.77 billion, signaling continued confidence in customer growth, transaction activity and lending expansion. Management also expects more than $100 million in potential net synergies from the Stride transaction. Chime Financial to Buy Stride in $590M Cash Deal, Raises Earnings Guidance
• Positive Sentiment: Improving operating momentum: Recent coverage highlights Chime’s stronger-than-expected second-quarter growth and a significant year-over-year expansion in EBITDA margin, reinforcing the case that the fintech is moving toward more durable profitability. Why Chime Financial Rallied in August
• Neutral Sentiment: Market momentum: Analysts and financial media continue to characterize CHYM as a momentum stock, with interest also linked to broader institutional adoption of crypto and stablecoins. These themes may support demand for the shares but do not materially change Chime’s near-term fundamentals. Why Chime Financial Is a Momentum Pick
• Negative Sentiment: Deal and valuation risks: Chime must spend $590 million in cash and still faces regulatory approval, integration and execution risks. With shares near their 12-month high and the company’s trailing earnings still negative, investors may take profits or demand evidence that the acquisition produces the projected synergies.

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.