Chime Financial, Inc.'s Lock-Up Period Set To Expire on December 9th (NASDAQ:CHYM)

Chime Financial's (NASDAQ:CHYM - Get Free Report) lock-up period is set to end on Tuesday, December 9th. Chime Financial had issued 32,000,000 shares in its public offering on June 12th. The total size of the offering was $864,000,000 based on an initial share price of $27.00. After the expiration of Chime Financial's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.Get Chime Financial alerts:Analyst Ratings ChangesChime Financial: Analysts Ring In—And It’s a BuySeveral equities research analysts have commented on the company. The Goldman Sachs Group raised Chime Financial from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $26.00 to $27.00 in a report on Monday. Jefferies Financial Group initiated coverage on Chime Financial in a research report on Monday, November 3rd. They issued a "hold" rating and a $17.00 price target for the company. Keefe, Bruyette & Woods cut their price objective on shares of Chime Financial from $42.00 to $35.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 1st. Piper Sandler reduced their price objective on shares of Chime Financial from $35.00 to $30.00 and set an "overweight" rating for the company in a research note on Thursday, November 6th. Finally, William Blair reiterated an "outperform" rating on shares of Chime Financial in a research note on Tuesday, September 30th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Chime Financial has a consensus rating of "Moderate Buy" and an average price target of $32.07.Read Our Latest Stock Analysis on Chime FinancialChime Financial Price PerformanceIPO Momentum Returns: 3 Stocks Rising After CoreWeave’s SurgeChime Financial stock opened at $21.95 on Tuesday. Chime Financial has a one year low of $16.17 and a one year high of $44.94. The firm's fifty day moving average price is $19.59. Chime Financial (NASDAQ:CHYM - Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.25) by $0.10. The firm had revenue of $543.52 million for the quarter. During the same period in the prior year, the company posted ($0.34) EPS. The firm's revenue for the quarter was up 28.8% on a year-over-year basis. Chime Financial has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.Institutional Inflows and OutflowsChime’s Smart IPO: Half the Valuation, Double the StrengthInstitutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC bought a new stake in shares of Chime Financial during the 2nd quarter valued at $33,000. Scopus Asset Management L.P. purchased a new stake in Chime Financial in the second quarter worth about $34,000. Daiwa Securities Group Inc. bought a new position in shares of Chime Financial in the second quarter worth about $40,000. Osaic Holdings Inc. purchased a new position in shares of Chime Financial during the 2nd quarter valued at about $45,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of Chime Financial during the 3rd quarter valued at about $50,000. Chime Financial Company Profile (Get Free Report)Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company's model is designed to eliminate common fees and simplify access to basic financial services. Chime does not charge overdraft fees, monthly service fees, or require minimum balances.Featured ArticlesFive stocks we like better than Chime Financial5 discounted opportunities for dividend growth investorsUp Over 20% in 2025, These 3 Stocks Are Boosting Buyback CapacityCanada Bond Market Holiday: How to Invest and Trade Congress Beat the Market Again—Here Are the 3 Stocks They BoughtWhat is the FTSE 100 index? Go on a Shopping Spree With 3 Top Retail ETFsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Chime Financial Right Now?Before you consider Chime Financial, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chime Financial wasn't on the list.While Chime Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here