Chime Financial shares surge 10.01% intraday as Evercore ISI and Canaccord Genuity maintain Buy ratings with $38–$40 price targets.

Chime Financial, Inc. Class A surged 10.01% intraday following a wave of positive analyst activity. Evercore ISI and Canaccord Genuity both reaffirmed Buy ratings, with price targets of $38 and $40, respectively, while FactSet noted 10 of 16 analysts maintained a bullish stance despite a revised median target of $33. The stock’s sharp rise aligns with these endorsements, as two top-tier analysts—Mark Mahaney (12.9% average return) and Joseph Vafi (31.2% average return)—reinforced confidence in Chime’s growth potential, countering a single Hold rating from UBS. Recent earnings showed $543.5M revenue but a $54.7M net loss, yet the analyst-driven optimism overshadowed mixed fundamentals, fueling intraday buying momentum.