The Street Expects More Than 70% Upside for Chime Financial (CHYM) Despite 5.3% Decline Over the Past Month

Chime Financial, Inc. (NASDAQ:CHYM) is one of the Most Promising New Technology Stocks to Buy According to Analysts. The stock has declined slightly by around 5.3% over the past month, mainly due to insider selling and broader fintech volatility. Despite the decrease in share price, analysts project more than 70% upside from the current level.

​On June 15, Adam B. Frankel, General Counsel at Chime Financial, Inc. (NASDAQ:CHYM), reportedly sold 3,000 shares of the Class A common stock. Earlier, on June 9, Frankel had sold another 3,000 shares of Class A common stock. Following these transactions, Frankel holds 303,795 shares of Class A Common Stock.

​That said, on June 22, Wells Fargo reiterated a Buy rating on the stock with a price target of $28. The positive rating follows Chime’s fiscal first quarter 2026 earnings released on May 7. The earnings were notable as the company achieved its first-ever GAAP profitability quarter with an EPS of $0.13. Moreover, the revenue reached $647.4 million, driven by 19% year-over-year growth in active members.

​Management raised its full-year revenue guidance to between $2.66 billion and $2.69 billion and increased its adjusted EBITDA forecast to $416 million – $431 million.

Chime Financial Inc. (NASDAQ:CHYM) is a financial technology company serving in the U.S. and internationally. The company sells spending and liquidity products, debit cards, ATM and cash deposit networks. It also offers credit solutions like FICO score tracking, Instant Loans, community-focused products, savings and perks products, and other support functions.

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