Chime Finds Its Stride With a $590M Deal That Could Reshape Its Banking Model
Chime Financial TodayCHYMChime Financial$32.67 -1.88 (-5.44%) As of 09/10/2026 04:00 PM Eastern52-Week Range$15.88▼$35.55Price Target$35.00Add to WatchlistFor years, financial technology platforms operated with a structural vulnerability: they relied on third-party chartered banks to hold deposits and clear transactions. That software-wrapper era is drawing to a close.
Chime Financial stock jumps after Stride Bank deal; upside of up to 40% seen
Chime shares CHYM surged 9% before the bell on Wednesday after the fintech company agreed to acquire Stride Bank for $590 million, a move that would give it a national bank charter and greater control over its lending business. The deal, announced late Tuesday, marks a significant step in Chime's effort to compete more directly with traditional banks.
Wall Street Breakfast Podcast: Chime Finds Its Stride
Chime Financial (CHYM) will acquire Stride for $590M in cash, aiming for immediate EPS accretion and further upside. Grand Theft Auto 6's launch is a major videogame catalyst.
Stride Q4 Earnings Call Highlights
Stride NYSE: LRN reported fiscal 2026 revenue growth of 4.7% and higher adjusted profitability, while outlining an executive transition and describing early enrollment indicators for the coming school year.
Stride, Inc. (LRN) Q4 2026 Earnings Call Transcript
Stride, Inc. (LRN) Q4 2026 Earnings Call Transcript
LRN: Great Value Opportunity After Cataclysmic Price Drop
LRN: Great Value Opportunity After Cataclysmic Price Drop
Stride: Platform Issues Are Behind It, Long-Term Growth Is Ahead
Stride is rated a long-term buy, leveraging a discounted valuation and resilient recurring revenue model despite recent operational setbacks. LRN's platform disruption slowed enrollment growth but did not cause net student losses; the Career Learning segment maintained double-digit growth.
Stride: Career Learning Growth Engine With A Margin Tailwind
Stride, Inc. (LRN) is rated Buy at $93 as the post-crisis recovery is largely priced in and easy gains are behind. Career Learning segment drives growth, now 44% of revenue, with +15.9% y/y revenue and +11.6% y/y enrollment in Q3 FY2026. General Education enrollment decline (-5% y/y in Q3) is the key risk; stabilization is needed for further upside.
K12 (LRN) Just Overtook the 20-Day Moving Average
After reaching an important support level, K12 (LRN) could be a good stock pick from a technical perspective. LRN surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
Stride: Cheap EBITDA Multiples Amid Stabilized Enrollment
Stride (LRN) posted relatively healthy Q3 results, showcasing continued enrollment growth after technical challenges earlier this year. Secular tailwinds in online education and parental demand support long-term enrollment growth for LRN's platform. Stride's career learning programs are achieving double-digit enrollment growth, offsetting K-12 declines.
Stride, Inc. (LRN) Q3 2026 Earnings Call Transcript
Stride, Inc. (LRN) Q3 2026 Earnings Call Transcript
K12 (LRN) Beats Q3 Earnings Estimates
K12 (LRN) came out with quarterly earnings of $2.3 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $2.02 per share a year ago.
