Climb Global Solutions, Inc.

Climb Global Solutions, Inc. Stock Forecast & Price Prediction

Live Climb Global Solutions, Inc. Stock (CLMB) Price
$135.49

1

Ratings

  • Buy 1
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$135.49

P/E Ratio

37.91

Volume Traded Today

$22,800

Dividend

$0.17

52 Week High/low

142.50/48.67

Climb Global Solutions, Inc. Market Cap

$644.4M

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CLMB Summary

Based on ratings from 1 stock analysts, the Climb Global Solutions, Inc. stock price is expected to increase by 0.38% in 12 months. This is calculated by using the average 12-month stock price forecast for Climb Global Solutions, Inc.. The lowest target is $136 and the highest is $136. Please note analyst price targets are not guaranteed and could be missed completely.

CLMB Analyst Ratings

Climb Global Solutions, Inc. has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Climb Global Solutions, Inc. will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

CLMB stock forecast by analyst

These are the latest 20 analyst ratings of CLMB.

Analyst/Firm

Rating

Price Target

Change

Date

Vincent Colicchio
Barrington Research

Outperform

$136

Maintains

Nov 12, 2024
Vincent Colicchio
Barrington Research

Outperform

$90

Maintains

Oct 10, 2024
Vincent Colicchio
Barrington Research

Outperform

$90

Maintains

Aug 21, 2024
Vincent Colicchio
Barrington Research

Outperform

$90

Maintains

Aug 9, 2024
Vincent Colicchio
Barrington Research

Outperform

$68

Maintains

Jul 30, 2024
Vincent Colicchio
Barrington Research

Outperform

$68

Maintains

May 28, 2024
Vincent Colicchio
Barrington Research

Outperform

$68

Maintains

May 6, 2024
Vincent Colicchio
Barrington Research

Outperform

$76

Maintains

Apr 30, 2024
Vincent Colicchio
Barrington Research

Outperform

$76

Maintains

Mar 7, 2024
Vincent Colicchio
Barrington Research

Outperform

$48

Reiterates

Aug 4, 2023
Vincent Colicchio
Barrington Research

Outperform

$60

Reiterates

Jul 19, 2023
Vincent Colicchio
Barrington Research

Outperform

$60

Reiterates

May 25, 2023
Vincent Colicchio
Barrington Research

Outperform

$60

Maintains

Mar 22, 2023

Barrington Research

Outperform


Initiates

Oct 19, 2022

HC Wainwright & Co.

Buy


Maintains

May 13, 2022

Alliance Global Partners

Buy


Maintains

Mar 2, 2021

Rodman & Renshaw

Buy


Initiates

Nov 25, 2020

CLMB Company Information

What They Do: Provides IT distribution and solutions services.

Business Model: The company operates through two main segments: Distribution and Solutions. It generates revenue by distributing technical software to resellers and offering cloud solutions, software, hardware, and technical services to end users, leveraging its brand names Climb Channel Solutions and Grey Matter.

Other Information: Climb Global Solutions has a diverse product line including virtualization, security, networking, and application lifecycle management tools. The company markets its offerings through various channels, including its websites, online seminars, and social media. Originally founded in 1982 as Wayside Technology Group, it rebranded in October 2022.
CLMB
Climb Global Solutions, Inc. (CLMB)

When did it IPO

1998

Staff Count

342

Country

United States

Sector/Industry

Technology/Electronics & Computer Distribution

CEO

Mr. Dale Richard Foster

Market Cap

$644.4M

Climb Global Solutions, Inc. (CLMB) Financial Data

In 2023, CLMB generated $352.0M in revenue, which was a increase of 15.66% from the previous year. This can be seen as a signal that CLMB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$251.6M

Revenue From 2021

$282.6M

12.33 %
From Previous Year

Revenue From 2022

$304.3M

7.70 %
From Previous Year

Revenue From 2023

$352.0M

15.66 %
From Previous Year
  • Revenue TTM $410.6M
  • Operating Margin TTM 7.6%
  • Gross profit TTM $64.2M
  • Return on assets TTM 5.2%
  • Return on equity TTM 21.7%
  • Profit Margin 4.1%
  • Book Value Per Share 19.58%
  • Market capitalisation $644.4M
  • Revenue for 2021 $282.6M
  • Revenue for 2022 $304.3M
  • Revenue for 2023 $352.0M
  • EPS this year (TTM) $3.69

Climb Global Solutions, Inc. (CLMB) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Climb Channel Solutions has partnered with Scality to enhance Scality's presence in North America, offering scalable and secure storage solutions for data needs.

Why It Matters - Climb Channel Solutions' partnership with Scality enhances market position and revenue potential, signaling growth opportunities in the AI-driven storage sector, which may positively impact CLMB stock performance.

News Image

Wed, 04 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors are advised to consider buying SNEX, CLMB, GHM, and KINS due to their increasing cash flows, highlighting the importance of cash for company strength.

Why It Matters - Rising cash flows indicate financial health and potential for growth, making SNEX, CLMB, GHM, and KINS attractive investment opportunities.

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Climb Global (CLMB) demonstrates strong growth potential, suggesting it may outperform the market.

Why It Matters - Climb Global's strong growth potential suggests it may deliver better returns than the broader market, making it an attractive option for investors seeking outperforming stocks.

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Climb Global (CLMB) has passed the "Recent Price Strength" screen, indicating potential for investors interested in trending stocks.

Why It Matters - Climb Global's recent price strength indicates momentum, suggesting potential for short-term gains, attracting investors seeking opportunities in active stocks.

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Four top-ranked stocks, SNEX, UTI, CLMB, and BGC, are highlighted for their impressive net profit margins, making them potential candidates for a strong investment portfolio.

Why It Matters - High net profit margins indicate strong profitability and efficient operations, making these stocks attractive for portfolio diversification and potential growth.

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors are focusing on stocks with strong price momentum, including SEZL, KINS, GHM, TILE, and CLMB, which are currently experiencing a bullish run.

Why It Matters - Bullish stocks indicate market confidence and potential for higher returns, attracting investor interest and possibly driving prices further upward.

...

CLMB Frequently asked questions

The highest forecasted price for CLMB is $136 from Vincent Colicchio at Barrington Research.

The lowest forecasted price for CLMB is $136 from Vincent Colicchio from Barrington Research

The CLMB analyst ratings consensus are 1 buy ratings, 0 hold ratings, and 0 sell ratings.