Piper Sandler Reiterates a Buy on Chime Financial (CHYM), Lowers the PT

​Chime Financial, Inc. (NASDAQ:CHYM) is one of the Best Mid Cap Tech Stocks to Buy According to Analysts. On November 6, Patrick Moley from Piper Sandler reiterated a Buy rating on Chime Financial, Inc. (NASDAQ:CHYM) but lowered the price target from $35 to $30. On the same day, Tien Tsin Huang from J.P. Morgan also reiterated a Buy rating on the stock and reduced the price target from $40 to $34.

​The reiterated positive outlook follows the company’s fiscal Q3 2025 results announced on November 5. The company grew its revenue by 29% year-over-year to $544 million, surpassing estimates by $12.24 million. The EPS of 0.08 also topped estimates by $0.33. Management attributed the growth to a 16% growth in Payments revenue and a 65% increase in Platform-related revenue. Notably, management raised full-year 2025 guidance and now expects revenue between $2.163 billion and $2.173 billion, versus the previous forecasts of $2.135 billion and $2.155 billion.

​Analyst Moley from Piper Sandler noted the raised full-year guidance should alleviate investor concerns regarding the company’s revenue growth and stagnant active member growth from Q2 2025.

​Chime Financial, Inc. (NASDAQ:CHYM) is a fintech company that provides banking services through FDIC-insured bank partners.

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Disclosure: None. This article is originally published at Insider Monkey.