Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ-Chime shares surge after raising annual revenue growth forecast

BUZZ-Chime shares surge after raising annual revenue growth forecast

路透社路透社2026/11/04 23:16
Show original

- ** 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


(To facilitate non-native English speakers, Reuters provides automated translations of its reports into several other languages. Due to possible errors in automated translation or the lack of contextual nuances, Reuters does not guarantee the accuracy of automated translation text and provides it solely for reader convenience. Reuters accepts no responsibility for any damage or losses caused by the use of automated translation functions.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The Senate takes control, the White House can no longer appoint "its own people", has the Federal Reserve's independence alarm been lifted?

After the Senate changed hands, the White House's room to install its own people at the Federal Reserve has been significantly narrowed. JPMorgan economist Feroli pointed out that the only expiring Federal Reserve Board position in the next two years is Powell's chairmanship (January 2028). If the White House wants to fill it, it must nominate a candidate acceptable to the Democratic-controlled Senate; otherwise, the seat will remain vacant. Meanwhile, the political value of removing Board member Cook has therefore diminished, and current Chair Waller's path to reappointment is also facing new congressional public relations pressure.

华尔街见闻•2026/11/05 00:41
The Senate takes control, the White House can no longer appoint "its own people", has the Federal Reserve's independence alarm been lifted?

Waymo and Uber (UBER.US) exclusive Robotaxi partnership in two cities will end in 2028

Waymo plans to end its exclusive Robotaxi partnership with Uber (UBER.US) in Austin and Atlanta in January 2028. At that time, customers will be able to book autonomous rides through the Waymo app.

智通财经•2026/11/05 00:27
Waymo and Uber (UBER.US) exclusive Robotaxi partnership in two cities will end in 2028