Citrix Systems, Inc. (CTXS)

NASDAQ: CTXS · IEX Real-Time Price · USD
96.92
+0.77 (0.80%)
Jun 29, 2022 12:48 PM EDT - Market open
0.80%
Market Cap 12.27B
Revenue (ttm) 3.27B
Net Income (ttm) 277.68M
Shares Out 126.58M
EPS (ttm) 2.20
PE Ratio 44.07
Forward PE 17.99
Dividend $0.74 (0.76%)
Ex-Dividend Date n/a
Volume 225,205
Open 96.34
Previous Close 96.15
Day's Range 96.05 - 97.15
52-Week Range 78.07 - 119.07
Beta 0.04
Analysts Buy
Price Target 102.20 (+5.5%)
Earnings Date Aug 4, 2022

About CTXS

Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. The company offers workspace services, including Citrix Workspace; Citrix Virtual Apps and Desktops; Collaborative Work Management; Citrix Content Collaboration, a cloud-based file sharing, digital transaction, and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices; Citrix Analytics for Security that assesses the behavior of Citrix Virtual Apps and... [Read more...]

Industry Software
IPO Date Dec 8, 1995
CEO Mark Templeton
Employees 9,000
Stock Exchange NASDAQ
Ticker Symbol CTXS
Full Company Profile

Financial Performance

In 2021, Citrix Systems's revenue was $3.22 billion, a decrease of -0.60% compared to the previous year's $3.24 billion. Earnings were $307.50 million, a decrease of -39.04%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CTXS stock is "Buy." The 12-month stock price forecast is 102.2, which is an increase of 5.45% from the latest price.

Price Target
$102.2
(5.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Marc O'Polo Sews Up Future of Work with Citrix®

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #CitrixWorkspace--As one of the world's premium brands for casual wear, Marc O'Polo is always thinking ahead and on top of trends. While many companies viewed th...

Citrix® a Leader in Zero-Trust Network Access

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--When it comes to protecting apps and data in the world of hybrid work, zero-trust network access (ZTNA) is the name of the game. And according to the GigaOm Radar...

Kingston and Sutton Councils Enable Secure Remote Work with Citrix®

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Work used to be a place people went. Today, it happens everywhere. The London councils of Royal Borough of Kingston upon Thames and London Borough of Sutton under...

Citrix® Research Shows Hybrid Work Works

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Whether businesses like it or not, employees like hybrid work. And the model is working. According to Work Rebalanced, the latest research from Citrix Systems, In...

Citrix® a Leader in App & API Protection

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Businesses run on apps. And according to the latest GigaOm Radar Report for App and API Protection, Citrix Systems, Inc. (NASDAQ:CTXS), is a Leader and Fast Mover...

Citrix® Receives Running Remote Flexible Workplace Award

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--While many companies wrangle with whether and how to implement flexible work, Citrix Systems, Inc. (NASDAQ:CTXS) has been recognized as a leader in enabling it. T...

Citrix Systems (CTXS) Announces Partnership With Microsoft

Citrix Systems (CTXS) collaborates with Microsoft to simplify remote work.

Citrix® Partners with Microsoft to Bring New Integrations to Windows 365

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Employees today want to work from anywhere using any device and expect a streamlined, high-definition experience that allows them to perform at their best. And to...

Citrix® Survey Reveals Major Divide on Return to Office

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Offices around the world continue to open for business, and while many companies expect employees will eventually return full time, new research suggests this isn...

Pacific Dental Services Enables Modern Dentistry with Citrix® DaaS

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Launching dental practices is hard, and managing them is even harder. Pacific Dental Services (PDS) is out to make it easy. Using Citrix DaaS, a market-leading cl...

7 Stocks to Sell Before the Fed Gets Too Aggressive in 2022

Equity markets tend to perform poorly during rising interest rates. Here are seven stocks to sell before the Fed gets too aggressive.

Rising Fuel Costs Snarl Return to Office Traffic

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--They've been given the green light to head back to the office, but employees aren't in a rush to do so given the rising price of gas. According to the results of ...

Citrix® and Google Cloud Simplify Shift to Flexible Work

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Last year, Citrix Systems, Inc. (NASDAQ: CTXS) and Google Cloud announced their commitment to helping customers accelerate and embrace hybrid work models through ...

Citrix® Achieves FedRAMP Moderate Status

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Citrix Systems, Inc. (NASDAQ: CTXS) today announced that it has achieved the U.S. Federal Risk and Authorization Management Program's (FedRAMP) Moderate Status, c...

Citrix® Collaborates with Microsoft to Simplify Transition to Hybrid Work

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--The way people work is changing. To meet the needs and expectations of an increasingly flexible workforce, IT has to provide fast, reliable, and secure access to ...

Citrix Stockholders Approve Acquisition by Affiliates of Vista Equity Partners and Evergreen Coast Capital

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Citrix Systems, Inc. (NASDAQ: CTXS) (“Citrix”) today announced that its stockholders voted to approve Citrix's pending acquisition by affiliates of Vista Equity P...

Citrix® Doubles Down on DaaS

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--The world of work is fast shifting to hybrid models. And to support and accelerate the transition, Citrix Systems, Inc. (NASDAQ: CTXS) is doubling down on Desktop...

IT Leaders Bet on DaaS to Deliver Future of Work

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #CitrixWorkspace--The move to hybrid work is on. And to support and accelerate it, IT executives are counting on Desktop as a Service (DaaS). According to the re...

Citrix (CTXS) Rolls Out New Cloud-Delivered Security Solution

Citrix's (CTXS) new security solution safeguards access to apps and data from variety of devices, providing secure environment to a scattered workforce.

Citrix® Modernizes Security to Accommodate Hybrid Work

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #CitrixWorkspace--Employees used to come to the office every day and work from company-managed assets. Today, they may be working at home, in the office, on the ...

Citrix® Leads Way in Delivering Secure Hybrid Work

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #CitrixWorkspace--The world is rapidly moving to hybrid work. And Citrix Systems, Inc. (NASDAQ: CTXS) is a recognized frontrunner in delivering all the technolog...

Citrix (CTXS) Digital Workspace Solutions Adopted by Alstom

With the help of Citrix (CTXS) workspace solutions, Alstom could extend the access of its 3D CAD solution to its engineers without compromising on flexibility and speed.

Alstom Engineers Future of Remote Work with Citrix®

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #CitrixWorkspace--When COVID-19 threatened to halt its operations, French transport specialist Alstom knew it needed to move quickly to keep things running. “The...

Citrix (CTXS) Focused on Gaining From Hybrid Work Innovation

Citrix's (CTXS) Citrix ADC version 12.1 achieves Common Criteria Certification, which will make it simpler for procurement teams in the public sector companies to purchase the solution.

Citrix® Simplifies Enablement of Secure Hybrid Work Across Public Sector

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #CitrixWorkspace--Hybrid work is here to stay. And to enable it, organizations need solutions they can trust to provide secure and reliable access to the systems...