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CHYM · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is Chime Financial, Inc. Class A Common Stock (CHYM) stock moving?
Chime's Q3 2026 report on Nov 4 beat estimates on sales ($718M vs $700.5M) and EPS ($0.11 vs $0.09), with revenue growth accelerating to 32%, net income of $44M and adjusted EBITDA of $137M (19% margin). Management raised FY2026 sales guidance to $2.792B-$2.802B from $2.768B consensus and guided Q4 to $757M-$767M versus $745.6M expected. The stock rose 4.9% on Nov 4 to $29.87 on 5.0M shares, then gapped to $31.78 on Nov 5 on 8.3M shares but faded to a $30.18 close after a $32.19 high. It recovered to $31.33 on Nov 6 and $32.53 on Nov 9 on elevated volume (8.5M and 7.9M), and closed at $32.54 on Nov 10, about 16% above the Oct 30 low of $27.95. Several brokers raised targets in the days after results, with targets ranging from $34 (UBS, Neutral) to $45 (B. Riley, Buy), including Goldman $43, Scotiabank $44 and Wells Fargo $42. Price sits below most of these targets, which supports the bullish case. Risks include a $1.98M insider sale by co-founder and director Ryan King at about $31 per share, the Nov 5 intraday reversal showing selling near highs, and the UBS Neutral stance. The Workday partnership on Nov 3 is a minor positive.
News behind the analysis
- Chime Reports Q3 2026 Financial Results and Raises Annual GuidanceQ3 revenue rose 32% year over year to $718M, with a net income of $44M and a third straight GAAP profitable quarter. The company also raised its full-year 2026 outlook.
- Chime Financial Raises FY2026 Sales Guidance from $2.760B-$2.770B to $2.792B-$2.802B vs $2.768B EstThe full-year 2026 sales outlook was lifted to $2.792B-$2.802B, above the $2.768B consensus estimate.
- Chime Financial Sees Q4 Sales $757.000M-$767.000M vs $745.574M EstFourth-quarter sales guidance of $757M-$767M sits above the $745.6M consensus estimate.
- Chime Financial Q3 EPS $0.11 Beats $0.09 Estimate, Sales $718.001M Beat $700.458M EstimateThird-quarter EPS of $0.11 beat the $0.09 estimate, and sales of $718.0M beat the $700.5M estimate.
- B. Riley Adjusts Price Target on Chime Financial to $45B. Riley kept its Buy rating and raised its price target to $45 from $44.
- Goldman Sachs Maintains Buy on Chime Financial, Raises Price Target to $43Goldman Sachs reaffirmed its Buy rating and raised its price target from $38 to $43 after the quarter.
- JP Morgan Maintains Overweight on Chime Financial, Raises Price Target to $40JP Morgan kept its Overweight rating and raised its price target to $40.
- UBS Maintains Neutral on Chime Financial, Raises Price Target to $34UBS kept its Neutral rating and raised its price target from $31 to $34.
- Chime Financial Director Ryan A. King Sells SharesCo-founder and director Ryan A. King sold 63,382 shares for about $1.98M, or roughly $31 per share.
- Chime and Workday Expand Partnership to Simplify Direct Deposit SetupChime expanded its collaboration with Workday to streamline direct deposit enrollment for employees.
About Chime Financial, Inc. Class A Common Stock
Chime Financial is a San Francisco-based fintech, founded in 2012 and public on Nasdaq since June 2025. Through its mobile app it offers fee-free checking, debit cards, early paycheck access, small-dollar overdraft and loans, and credit-building cards, mostly to everyday Americans earning low to middle incomes. Until now its accounts have been held by partner banks, but it has agreed to buy partner Stride Bank for about $590 million, which would give it its own national bank charter.
How it makes money
Most revenue (roughly three-quarters, approximately) comes from interchange: a small fee paid by merchants' card networks each time members use Chime debit and credit-builder cards. The rest comes from platform-related revenue such as fees for instant transfers and MyPay paycheck advances, plus income from deposits and lending products. Trailing-twelve-month revenue is roughly $2.5 billion, with net income around break-even.
What usually moves CHYM
- Growth in active members and direct deposits
- Consumer card spending volumes
- Credit losses on SpotMe, MyPay and loans
- Bank regulation and the Stride Bank charter deal
- Interest-rate changes and fintech sentiment