Analyst Darrin Peller of Wolfe Research reiterated a Buy rating on Chime Financial, Inc. Class A, with a price target of $26.00.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Darrin Peller has given his Buy rating due to a combination of factors, including Chime’s stronger‑than‑expected first‑quarter performance and a full‑year outlook raised above the quarterly beat. He views management’s guidance as intentionally conservative, leaving room for upside from higher‑spending Chime Prime customers, growing Instant Loans volumes, and meaningful operating leverage that underpins his $26 price target based on CY27 EBITDA.
Peller also highlights structural growth drivers such as robust new member additions in the seasonally strong tax period and increasing adoption of MyPay and Chime Card, which support long‑term engagement even if some users are less active year‑round. While heavier rewards investment and near‑term take‑rate and margin pressure from Chime Prime and Instant Loans may weigh on results in the short run, he expects these initiatives to enhance deposit capture and unit economics over time, justifying his continued Outperform stance on CHYM shares.
According to TipRanks, Peller is a 5-star analyst with an average return of 7.7% and a 59.28% success rate. Peller covers the Technology sector, focusing on stocks such as Jack Henry & Associates, WEX, and Shift4 Payments.
In another report released today, KBW also maintained a Buy rating on the stock with a $30.00 price target.