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No Pain, No Gain.Week 21 On Stock Market Click to watch.

$99.78 (0.51%)

Volume: 1.318M

Closed: May 23, 2022

Hollow Logo Score: -0.574

Citrix Systems Stock Forecast

BUY SELL NASDAQ:CTXS
$99.78 (0.51%)

Volume: 1.318M

Closed: May 23, 2022

Score Hollow Logo -0.574

Citrix Systems Stock Forecast NASDAQ:CTXS

Price Target and Analyst Ratings

Historical Ratings

Date Upside / Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
2022-02-23 - Bernstein - Downgrades Outperform Market Perform
2022-02-01 4.23% Morgan Stanley $85.00 $104.00 Maintains Underweight
2022-01-12 -19.82% Barclays $88.00 $80.00 Maintains Underweight
2021-12-16 -24.83% Goldman Sachs $75.00 Initiates Coverage On Sell
2021-11-05 -11.81% Barclays $95.00 $88.00 Maintains Underweight
2021-11-05 5.23% RBC Capital $110.00 $105.00 Maintains Sector Perform
2021-11-05 -14.81% Morgan Stanley $90.00 $85.00 Downgrades Equal-Weight Underweight
2021-10-12 - William Blair - Downgrades Outperform Market Perform
2021-10-07 15.25% Citigroup $140.00 $115.00 Downgrades Buy Neutral
2021-07-30 -9.8% Morgan Stanley $143.00 $90.00 Maintains Equal-Weight
2021-07-30 10.24% RBC Capital $150.00 $110.00 Maintains Sector Perform
2021-07-30 - Barclays - Downgrades Overweight Underweight
2021-04-30 43.32% Morgan Stanley $150.00 $143.00 Maintains Equal-Weight
2021-04-21 80.4% Jefferies $150.00 $180.00 Upgrades Hold Buy
2020-10-23 45.32% Raymond James $185.00 $145.00 Maintains Outperform
2020-10-23 40.31% Morgan Stanley $140.00 Downgrades Overweight Equal-Weight
2020-10-14 46.32% UBS $146.00 Initiates Coverage On Neutral
2020-07-24 75.39% Barclays $180.00 $175.00 Maintains Overweight
2020-07-20 80.4% Barclays $135.00 $180.00 Upgrades Equal-Weight Overweight
2020-05-07 9.24% CFRA $109.00 Downgrades Sell Strong Sell
2020-04-24 53.34% RBC Capital $147.00 $153.00 Maintains Sector Perform
2020-04-24 65.36% Morgan Stanley $160.00 $165.00 Maintains Overweight
2020-04-24 40.31% Baird $135.00 $140.00 Maintains Neutral
2020-04-17 72.38% Citigroup $124.00 $172.00 Maintains Buy
2020-04-06 75.39% Deutsche Bank $150.00 $175.00 Maintains Buy
2020-04-03 55.34% Raymond James $124.00 $155.00 Maintains Outperform
2020-04-02 9.24% CFRA $112.00 $109.00 Downgrades Hold Sell
2020-03-25 60.35% Morgan Stanley $160.00 Upgrades Equal-Weight Overweight
2020-03-17 24.27% Raymond James $124.00 Upgrades Market Perform Outperform
2020-03-13 - William Blair - Upgrades Market Perform Outperform
2020-02-19 39.31% Morgan Stanley $113.00 $139.00 Assumes Equal-Weight
2020-01-23 50.33% Deutsche Bank $130.00 $150.00 Maintains Buy
2020-01-23 10.24% Wedbush $92.00 $110.00 Maintains Neutral
2020-01-23 45.32% Wells Fargo $135.00 $145.00 Maintains Overweight
2020-01-23 15.25% Baird $105.00 $115.00 Maintains Neutral
2020-01-23 13.25% Morgan Stanley $110.00 $113.00 Maintains Underweight
2020-01-23 15.25% Stifel $100.00 $115.00 Maintains Hold
2019-10-29 5.23% Jefferies $80.00 $105.00 Upgrades Underperform Hold
2019-10-25 5.23% Barclays $103.00 $105.00 Maintains Equal-Weight
2019-10-08 -19.82% Jefferies $85.00 $80.00 Assumes Underperform
2019-07-25 -4.79% Morgan Stanley $102.00 $95.00 Maintains Underweight
2019-06-06 - Deutsche Bank - Upgrades Hold Buy
2019-06-06 - Deutsche Bank - Upgrades Hold Buy

CTXS Stock Trend

The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected.

Given the current horizontal trend, you can expect Citrix Systems stock with a 90% probability to be traded between $97.21 and $99.65 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Data

Date Bottom Mid Top
2022-05-25 $98.94 $100.18 $101.43
2022-05-26 $98.91 $100.15 $101.40
2022-05-27 $98.88 $100.12 $101.37
2022-05-31 $98.85 $100.09 $101.34
2022-06-01 $98.82 $100.06 $101.31
2022-06-02 $98.79 $100.03 $101.28
2022-06-03 $98.76 $100.00 $101.25
2022-06-06 $98.73 $99.97 $101.22
2022-06-07 $98.70 $99.94 $101.19
2022-06-08 $98.67 $99.91 $101.16
2022-06-09 $98.64 $99.88 $101.13
2022-06-10 $98.61 $99.85 $101.10
2022-06-13 $98.58 $99.82 $101.07
2022-06-14 $98.55 $99.79 $101.04
2022-06-15 $98.52 $99.76 $101.01
2022-06-16 $98.49 $99.73 $100.98
2022-06-17 $98.46 $99.70 $100.95
2022-06-21 $98.43 $99.67 $100.91
2022-06-22 $98.40 $99.64 $100.88
2022-06-23 $98.37 $99.61 $100.85
2022-06-24 $98.34 $99.58 $100.82
2022-06-27 $98.31 $99.55 $100.79
2022-06-28 $98.28 $99.52 $100.76
2022-06-29 $98.25 $99.49 $100.73
2022-06-30 $98.22 $99.46 $100.70
2022-07-01 $98.19 $99.43 $100.67
2022-07-05 $98.16 $99.40 $100.64
2022-07-06 $98.13 $99.37 $100.61
2022-07-07 $98.10 $99.34 $100.58
2022-07-08 $98.07 $99.31 $100.55

About Citrix Systems

Citrix Systems Citrix Systems, Inc. develops and sells products and services that enable delivery of applications and data over public, private, or hybrid clouds or networks to various types of devices. The company’s Enterprise and Service Provider segment provides XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; XenApp that allows Windows applications to be delivered as cl... Read more

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