CLMB icon

Climb Global Solutions

109.85 USD
-0.91
0.82%
Updated Apr 1, 2:16 PM EDT
1 day
-0.82%
5 days
-4.20%
1 month
-6.32%
3 months
-12.06%
6 months
13.94%
Year to date
-12.06%
1 year
59.20%
5 years
758.87%
10 years
518.87%
 

About: Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value-added resellers (VARs), consultants, and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware, and services to customers under the name Grey Matter.

Employees: 365

0
Funds holding %
of 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

225% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 8

37% more capital invested

Capital invested by funds: $251M [Q3] → $343M (+$92M) [Q4]

24% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 33

16% more funds holding

Funds holding: 105 [Q3] → 122 (+17) [Q4]

3.76% more ownership

Funds ownership: 54.99% [Q3] → 58.75% (+3.76%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$136
24%
upside
Avg. target
$136
24%
upside
High target
$136
24%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Barrington Research
Vincent Colicchio
72% 1-year accuracy
49 / 68 met price target
24%upside
$136
Outperform
Maintained
6 Mar 2025

Financial journalist opinion

Based on 5 articles about CLMB published over the past 30 days

Positive
Zacks Investment Research
1 week ago
2 Highly Ranked Technology Services Stocks to Consider: CLMB, DAVE
Seeing as technological advancements are crucial to the ever-evolving landscape of business services, here are two highly ranked stocks to consider.
2 Highly Ranked Technology Services Stocks to Consider: CLMB, DAVE
Positive
Zacks Investment Research
1 week ago
CLMB vs. VLTO: Which Stock Is the Better Value Option?
Investors interested in Technology Services stocks are likely familiar with Climb Global Solutions (CLMB) and Veralto (VLTO). But which of these two companies is the best option for those looking for undervalued stocks?
CLMB vs. VLTO: Which Stock Is the Better Value Option?
Neutral
Seeking Alpha
3 weeks ago
Climb Global Solutions, Inc. (CLMB) Q4 2024 Earnings Call Transcript
Climb Global Solutions, Inc. (NASDAQ:CLMB ) Q4 2024 Earnings Conference Call March 6, 2025 8:30 AM ET Company Participants Aaron D'Souza - Investor Relations Dale Foster - Chief Executive Officer Matt Sullivan - Chief Financial Officer Conference Call Participants Vincent Colicchio - Barrington Research Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Climb Global Solutions' Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024. Joining us today are Climb's CEO, Mr.
Climb Global Solutions, Inc. (CLMB) Q4 2024 Earnings Call Transcript
Neutral
GlobeNewsWire
3 weeks ago
Climb Global Solutions Reports Record Fourth Quarter and Full Year 2024 Results
FY 2024 Net Income up 51% to $18.6 Million or $4.06 per share; Adjusted Net Income up 64% to $24.0 Million or $5.26 per share; Adjusted EBITDA up 61% to $39.6 Million
Climb Global Solutions Reports Record Fourth Quarter and Full Year 2024 Results
Neutral
Zacks Investment Research
4 weeks ago
CLMB to Report Q4 Earnings: What's in the Offing for the Stock?
Climb Global's organic growth is likely to have been driven by strong relationships with vendors signed to Line Card in the fourth quarter of 2024.
CLMB to Report Q4 Earnings: What's in the Offing for the Stock?
Neutral
GlobeNewsWire
1 month ago
Climb Global Solutions Sets Fourth Quarter and Full Year 2024 Conference Call for March 6, 2025 at 8:30 a.m. ET
EATONTOWN, N.J., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, will host a conference call on Thursday, March 6, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The Company's results will be reported in a press release prior to the call.
Climb Global Solutions Sets Fourth Quarter and Full Year 2024 Conference Call for March 6, 2025 at 8:30 a.m. ET
Neutral
GlobeNewsWire
2 months ago
Climb Global Solutions Appoints John McCarthy as Chairman of its Board of Directors
EATONTOWN, N.J., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb”, the “Company”, “we”, or “our”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, today announced the appointment of John McCarthy as the new Chairman of the Board of Directors (the “Board”), effective January 28, 2025. Mr. McCarthy's appointment follows the resignation of Jeff Geygan from the Board, which will become effective February 28, 2025, and will reduce the Board to six members, five of whom are independent under Nasdaq listing standards.
Climb Global Solutions Appoints John McCarthy as Chairman of its Board of Directors
Neutral
GlobeNewsWire
2 months ago
Climb Channel Solutions Promotes Kim Stevens to CMO and Charles Bass to CAO
EATONTOWN, N.J., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is proud to announce the promotion of two visionary leaders who have been instrumental in shaping the company's growth and success. Kim Stevens has been elevated to Chief Marketing Officer (CMO), while Charles Bass assumes the newly created role of Chief Alliances Officer (CAO).
Climb Channel Solutions Promotes Kim Stevens to CMO and Charles Bass to CAO
Neutral
Zacks Investment Research
2 months ago
QFIN vs. CLMB: Which Stock Is the Better Value Option?
Investors interested in stocks from the Technology Services sector have probably already heard of Qifu Technology, Inc. (QFIN) and Climb Global Solutions (CLMB). But which of these two stocks offers value investors a better bang for their buck right now?
QFIN vs. CLMB: Which Stock Is the Better Value Option?
Neutral
Business Wire
2 months ago
Glancy Prongay & Murray LLP Announces Investigation of Climb Global Solutions, Inc. (CLMB)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Climb Global Solutions, Inc. (NASDAQ: CLMB) concerning the Company and its directors' and officers' possible violations of state laws. If you own Climb Global Solutions stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New Yo.
Glancy Prongay & Murray LLP Announces Investigation of Climb Global Solutions, Inc. (CLMB)
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