BUZZ-Chime shares surge after raising annual revenue growth forecast

November 4 - ** After the fintech company Chime raised its 2026 revenue growth forecast, its shares CHYM.O rose 8.7% in after-hours trading to $32.5

** According to analysts surveyed by LSEG, Chime now expects a 28% revenue growth rate for 2026, compared to the prior market consensus of 26.6%.

** CHYM expects fourth-quarter revenue to be between $757 million and $767 million, above analysts’ estimate of $745.6 million

** “We are seeing... member spending growth continue to outperform inflation, maintaining very strong momentum in both what we call ‘discretionary spending’ and ‘non-discretionary spending,’” President and Interim Chief Financial Officer Mark Troughton told Reuters

** Out of 26 brokerages, 24 rate the stock as “buy” or higher, and 2 rate it as “hold”; the median target price is $40

** As of the close of the previous trading day, Chime has risen 18.7% so far this year

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