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Leerink Partnrs Weighs in on Climb Bio FY2029 Earnings

Climb Bio logo with Medical background

Climb Bio, Inc. (NASDAQ:CLYM - Free Report) - Analysts at Leerink Partnrs issued their FY2029 earnings per share estimates for Climb Bio in a research report issued to clients and investors on Wednesday, February 5th. Leerink Partnrs analyst T. Smith forecasts that the company will post earnings of ($2.73) per share for the year. Leerink Partnrs currently has a "Strong-Buy" rating on the stock. The consensus estimate for Climb Bio's current full-year earnings is ($1.57) per share.

Separately, Leerink Partners initiated coverage on shares of Climb Bio in a research note on Monday, December 2nd. They issued an "outperform" rating and a $10.00 price objective on the stock.

Get Our Latest Report on CLYM

Climb Bio Stock Performance

Shares of NASDAQ CLYM traded down $0.04 during midday trading on Friday, hitting $1.55. The stock had a trading volume of 142,434 shares, compared to its average volume of 446,110. Climb Bio has a fifty-two week low of $1.54 and a fifty-two week high of $11.55. The stock has a market cap of $103.86 million, a price-to-earnings ratio of -0.73 and a beta of -0.24. The stock has a 50-day simple moving average of $2.14.

Climb Bio (NASDAQ:CLYM - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.13) earnings per share for the quarter.

About Climb Bio

(Get Free Report)

Climb Bio Inc is a clinical-stage biotechnology company developing therapeutics for patients with immune-mediated diseases. The Company's lead product candidate, budoprutug, is an anti-CD19 monoclonal antibody which has demonstrated B-cell depletion and has potential to treat a broad range of B-cell mediated diseases.

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