$CHYM

Monness initiated coverage on Chime Financial (CHYM) with a Neutral rating, citing strong performance but declining earnings beats. The firm set a weighted price target of $31.03, implying 4.9% upside. Chime trades at a high P/B multiple of 7.97x and reported 26% revenue growth over the last year. Recent Q2 2026 results led Deutsche Bank to upgrade CHYM to Buy. The company also announced the acquisition of Stride Bank for $590M, with several analysts raising price targets.

Deutsche Bank upgraded Chime Financial (CHYM) to Buy with a $35 price target, citing momentum in MyPay and the Stride Bank acquisition. Chime expects $100M in synergies from the deal, which is expected to close in 2027. The company focuses on low-income consumers with fee-free services and early paycheck access.

King Ryan A (Co-Founder) sold 50,300 indirectly-held shares of Chime Financial, Inc. (CHYM) at an average of $29.40 ($29.40–$31.00, $1.48M total) across 2 trades over 2026-10-09 to 2026-10-13 under a Rule 10b5-1 trading plan.

Analysts upgraded Unity (U) to Outperform with a $54 target, citing strong execution and partnerships. Palantir (PLTR) was upgraded to Buy with a $230 target. Royal Caribbean (RCL) and Global Payments (GPN) also received upgrades. Chime (CHYM) was upgraded to Buy with a $35 target. Downgrades included HubSpot (HUBS), Constellation Brands (STZ), NXP Semiconductors (NXPI), Universal Display (OLED), Fiserv (FISV), and Xerox (XRX).

Wall Street analyst research calls include upgrades for CAVA Group, Chime Financial, Global Payments, Palantir, and Ryder Systems, with downgrades for Constellation Brands, HubSpot, Phillips 66, NXP Semiconductors, and Tyler Technologies. Initiations include Goldman Sachs, Hut 8, Nebius Group, Spotify, and TXO Partners. Markets fell Wednesday due to rising yields and oil prices, with Bitcoin also experiencing a sell-off.

Deutsche Bank upgraded Chime Financial Inc (CHYM) to Buy, raising its price target to $35. The bank cited strong product momentum and market expansion potential, particularly with MyPay and Chime Prime. Chime's P/S ratio is 4.85, above its historical and industry medians, reflecting growth expectations. Insider activity shows significant net selling, while institutional ownership trends are mixed.

William Blair updated its October Analyst Conviction List, adding 12 stocks including Casey’s General Stores (CASY) and Remitly Global (RELY), and removing six. Remitly reported Q2 2026 earnings of $0.93 per share, beating estimates, with revenue up 20% YoY. Analysts raised price targets for RELY to $30 and $31, citing strong performance and guidance.

Nu Holdings (NU) and Chime Financial (CHYM) are digital banking platforms competing in the mobile financial services market. NU has 139 million customers, $5.9B revenue, and $1B net income, with strong growth in Brazil and Mexico. CHYM has 10.4M active members in the U.S., with 20% YoY growth and improving monetization. NU's P/E is 11.23x, while CHYM's is 32.18x. Analysts expect NU's sales to grow 42.68% in 2026 and 24.09% in 2027, with EPS growth of 38.71% and 35.12% respectively.

Chime Financial (CHYM) shares fell 7.5% today, likely due to recent insider and major-holder sales, including 3.2 million shares sold by DST Global and 447,637 shares by director James Feuille. The decline follows Chime's announcement of a $590 million bank acquisition, with no new negative updates reported. Analysts' median price target for CHYM is $28.0.

Chime (CHYM) stock has rebounded 80% since June, reaching GAAP profitability in Q2 with 27% revenue growth. The company is acquiring Stride Bank, aiming for an end-to-end financial system. Chime targets lower-income users and faces competition in the digital banking sector.