New York, Feb 27, 2026, 09:28 EST — Premarket
- Chime shares down about 3% before the bell after a 13.6% jump on Thursday
- Fintech targets first full year of GAAP profit in 2026, with revenue outlook above estimates
- UBS lifted its price target to $27 while keeping a neutral rating
Chime Financial shares fell 2.9% in premarket trading on Friday, easing after a sharp rally sparked by the digital bank’s latest forecast. 1
The pullback lands as investors sift through one of the first clean tests of the company’s post-IPO story: growth is nice, but the market wants profit and fewer surprises. Rate bets are also jumping around again, and fintechs tend to feel that in their multiples.
Chime closed up 13.6% on Thursday at $23.97, but remains below its $27 IPO price from June 2025. That leaves the stock in a familiar spot — better mood, still not much forgiveness. 2
In an earnings release, Chime forecast 2026 revenue of $2.63 billion to $2.67 billion and said it expects 2026 to be its first full year of GAAP profitability — meaning profit under standard accounting rules. It reported fourth-quarter revenue of $596 million and said active members rose 19% to 9.5 million. 3
Chief Financial Officer Matt Newcomb told Reuters the company is focused on “acquiring primary account relationships” that sit at big incumbents including JPMorgan’s Chase, Bank of America and Wells Fargo. He also said consumer spending trends have stayed “very consistent” across income levels. 4
On the Street, UBS analyst Timothy Chiodo raised his price target on Chime to $27 from $24 and kept a neutral rating, GuruFocus reported. 5
Thursday’s surge came with heavy trading. The shares ranged from $22.26 to $24.64 and changed hands at roughly 10.7 million shares, according to market data. 6
Chime has been pointing investors to new revenue streams and cost work, including its Chime Core transaction processor and the newer Chime Card and MyPay products. A recap of the earnings call highlighted Chime Core cost savings and MyPay’s expansion, with management stressing a tighter grip on unit economics. 7
But the risk case is still sitting in the open. Chime posted a net loss of about $1 billion for 2025, driven mainly by stock-based compensation linked to its IPO, and it is pushing deeper into credit products where losses can swing fast if the consumer cracks. 8
Chime’s prospectus shows a business model tied closely to card spending — interchange is the fee merchants pay when customers use a card — alongside fee-free liquidity products that depend on keeping loss rates under control. 9
Macro also matters today. The Labor Department’s Producer Price Index report hit at 8:30 a.m. ET, data traders often use to refine views on the inflation path and interest-rate outlook. 10
The next big inflation waypoint is the personal consumption expenditures price index on March 13, ahead of the Federal Reserve’s March 17-18 policy meeting. For Chime, the nearer catalyst is more immediate: whether the post-guidance move holds once regular trading opens at 9:30 a.m. in New York. 11
