Chime Financial (NASDAQ:CHYM) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Chime Financial (NASDAQ:CHYM) had its price target upped by Morgan Stanley from $31.00 to $33.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 13.40% from the company’s previous close.

Several other brokerages have also recently weighed in on CHYM. Compass Point raised Chime Financial from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $33.00 to $27.00 in a report on Monday, April 13th. Piper Sandler raised their target price on shares of Chime Financial from $30.00 to $35.00 and gave the company an “overweight” rating in a research note on Thursday. Wolfe Research reiterated an “outperform” rating and set a $32.00 price target on shares of Chime Financial in a research report on Thursday. Freedom Capital raised shares of Chime Financial to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Chime Financial from $30.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Chime Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.06.

Chime Financial Stock Performance

Shares of CHYM opened at $29.10 on Thursday. The business’s fifty day moving average price is $20.52 and its two-hundred day moving average price is $20.83. The firm has a market capitalization of $11.09 billion, a price-to-earnings ratio of -415.65 and a beta of 0.31. Chime Financial has a 52 week low of $15.88 and a 52 week high of $33.41.

Chime Financial (NASDAQ:CHYM) 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. Chime Financial had a negative return on equity of 1.27% and a negative net margin of 0.74%.The company had revenue of $669.77 million during the quarter. During the same quarter in the previous year, the firm earned ($7.29) EPS. The company’s revenue was up 26.8% compared to the same quarter last year. As a group, research analysts forecast that Chime Financial will post 0.32 EPS for the current year.

Insider Transactions at Chime Financial

In related news, CAO Amine Asmerom sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $25.00, for a total value of $250,000.00. Following the sale, the chief accounting officer directly 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 at this link. 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 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 completion of the sale, the general counsel owned 303,795 shares in the company, valued at $5,316,412.50. This represents a 0.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 16,000 shares of company stock worth $356,500. Company insiders own 12.30% of the company’s stock.

Institutional Investors Weigh In On Chime Financial

Several large investors have recently bought and sold shares of the company. Tiger Global Management LLC boosted its position in shares of Chime Financial by 13.8% during the fourth quarter. Tiger Global Management LLC now owns 14,192,499 shares of the company’s stock worth $357,225,000 after purchasing an additional 1,721,731 shares in the last quarter. Aspect Management LLC bought a new stake in shares of Chime Financial in the 4th quarter valued at $300,361,000. Ashton Thomas Private Wealth LLC acquired a new stake in Chime Financial during the 4th quarter worth $129,091,000. Orland Properties Ltd acquired a new stake in Chime Financial during the 2nd quarter worth $159,093,000. Finally, Scge Management L.P. acquired a new stake in Chime Financial during the 2nd quarter worth $152,563,000.

Key Stories Impacting Chime Financial

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

• Positive Sentiment: Chime reported second-quarter earnings of $0.07 per share, versus the consensus estimate of a $0.01 loss. Revenue increased 26.8% year over year to $669.77 million, supported by stronger user engagement and continued adoption of its digital banking and lending products. Chime Financial stock surges after strong Q2 beat
• Positive Sentiment: Management forecast third-quarter revenue of approximately $680 million to $690 million and projected 2026 revenue of $2.725 billion to $2.745 billion, reinforcing expectations for continued growth. Direct-deposit relationships are also helping Chime expand into lending and other financial products. Chime forecasts 2026 revenue and workforce reduction
• Positive Sentiment: Several analysts raised their price targets after the earnings release. Barclays increased its target to $33 and kept an overweight rating; Morgan Stanley raised its target to $33 with an overweight rating; Piper Sandler raised its target to $35; and BMO, Goldman Sachs, KBW, B. Riley and Canaccord also issued higher targets, with Canaccord at $45 and a buy rating. Analyst price-target updates
• Neutral Sentiment: UBS raised its target to $28 but retained a neutral rating, implying the shares may already reflect much of the improved outlook. UBS Chime Financial price target
• Negative Sentiment: Chime plans to reduce its workforce by roughly 10%. While the move could improve efficiency and profitability, it may signal tighter expense controls and create execution or morale risks. The planned departure of CFO Matt Newcomb adds another leadership-transition concern.
• Neutral Sentiment: Chief Accounting Officer Amine Asmerom sold 10,000 shares for $250,000 under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled in advance and represents only 4.22% of his holdings, it is a limited signal.

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.