Chime rises on upbeat annual revenue forecast, quarterly revenue beat
BUZZ-Chime rises on upbeat annual revenue forecast, quarterly revenue beat ** Shares of fintech company Chime CHYM.O rise 6.4% to $27.6 in premarket trading
** On Wednesday, co lifted its full-year 2026 revenue growth forecast to between 25% and 26% versus analysts' expectations of 22.7%- according to estimates compiled by LSEG
** Q2 revenue rose 27% to $670 million for the three months ended June 30, ahead of estimates of $640.4 million
** At least two brokerages have raised PT following results** 19 of 22 analysts rate stock "strong buy" or "buy" and three "hold"; their median PT is $33 - data compiled by LSEG
** As of last close, stock up 3% YTD
(Reporting by Pragyan Kalita in Bengaluru)