Chime Financial: Evaluating Valuation After Raised Revenue Guidance and Earnings Beat

Chime Financial (CHYM) has raised its Q4 and FY22 revenue guidance, aiming for growth of up to 30%. The company's quarterly results topped revenue estimates, boosting investor optimism. However, the stock remains below its starting point for the year. With a price-to-sales ratio of 3.9x, higher than its industry average and peers, investors should question whether the premium valuation is warranted. Continued unprofitability and a persistent discount to analyst targets could shift sentiment if growth expectations are not met.