Chime Financial, Inc. (NASDAQ:CHYM) is one of the stocks positioned for breakout growth. On April 14, Texas Capital Securities initiated coverage of Chime Financial, Inc. (NASDAQ:CHYM) with a Buy rating and a $28 price target.
The bullish stance underscores research optimism about the company’s growth outlook, as it expects revenue to grow at a compound annual rate of 20% from 2025 to 2028. In 2025, Chime Financial’s revenue grew 31%, and the company achieved a 88% gross profit margin over the last 12 months.
The research firm is also projecting a 22% EBITDA margin in 2028, as the company leads non-bank FinTechs in brand awareness and client engagement. Texas Capital Securities is expected to trade at a 2028 enterprise value-to-EBITDA multiple of 12 times, in line with other high-growth technology peers. It also expects Chime Financial to add 1.5 million to 2 million consumers per year through 2028.
Chime Financial, Inc. (NASDAQ:CHYM) is a company, not a bank, that provides fee-free banking services through a user-friendly mobile app and debit card. It helps users manage money by offering features such as early paycheck access, no monthly fees, a secured credit builder card, and overdraft protection.
While we acknowledge the potential of CHYM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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