What is the price target for CTXS stock?
9 analysts have analysed CTXS and the average price target is 106.08 USD. This implies a price increase of 2.1% is expected in the next year compared to the current price of 103.9.
Citrix Systems Inc (CTXS) Forecast, Price Target & Analyst Ratings
NASDAQ:CTXS • US1773761002
Current stock price
103.9 USD
+0.04 (+0.04%)
At close:
103.93 USD
+0.03 (+0.03%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Citrix Systems Inc (CTXS).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Nov 3, 2022
- Period
- Q3 / 2022
- EPS Estimate
- $1.23
- Revenue Estimate
- 816.602M
Price Target Details & History
Consensus Price Target and Range
Mean target
$106.08
Upside
+ 2.10%
From current price of $103.90 to mean target of $106.08, Based on 9 analyst forecasts
Low
$105.04
Median
$106.08
High
$109.20
Price Target Revisions
1 Month
N/A
3 Months
N/A
Price Target Summary
9 Wall Street analysts provided a forecast for the next 12 months for CTXS. The average price target is 106.08 USD. This implies a price increase of 2.1% is expected in the next year compared to the current price of 103.9.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
77.78%
CTXS was analyzed by 11 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about CTXS.
In the previous month the buy percentage consensus was at a similar level.
CTXS was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-02-23 | Bernstein | Downgrade | Outperform -> Market Perform |
| 2022-02-01 | Morgan Stanley | Maintains | Underweight |
| 2022-01-12 | Barclays | Maintains | Underweight |
| 2021-12-16 | Goldman Sachs | Initiate | Sell |
| 2021-11-05 | RBC Capital | Maintains | Sector Perform |
| 2021-11-05 | Barclays | Maintains | Underweight |
| 2021-11-05 | Morgan Stanley | Downgrade | Equal-Weight -> Underweight |
| 2021-10-12 | William Blair | Downgrade | Outperform -> Market Perform |
| 2021-10-07 | Citigroup | Downgrade | Buy -> Neutral |
| 2021-07-30 | RBC Capital | Maintains | Sector Perform |
| 2021-07-30 | Barclays | Downgrade | Overweight -> Underweight |
| 2021-07-30 | Morgan Stanley | Maintains | Equal-Weight |
| 2021-04-30 | Morgan Stanley | Maintains | Equal-Weight |
| 2021-04-21 | Jefferies | Upgrade | Hold -> Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Nov 3, 2022
- Period
- Q3 / 2022
- EPS Estimate
- $1.23
- Revenue Estimate
- 816.602M
- Revenue Q2Q
- 4.90%
- EPS Q2Q
- 2.85%
- Number of Analysts
- 7
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A
Next Earnings Summary
CTXS is expected to report earnings on 11/3/2022. The consensus EPS estimate for the next earnings is 1.23 USD and the consensus revenue estimate is 816.60M USD.
Full Analyst Estimates 2022 - 2026
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 3.011B 1.23% | 3.237B 7.51% | 3.217B -0.60% | 3.395B 5.54% | 3.429B 1.00% | 3.609B 5.25% | 3.649B 1.10% | 3.763B 3.12% | |
| EBITDA YoY % growth | 710.8M -15.04% | 742.6M 4.47% | 559.234M -24.69% | 1.166B 108.44% | 1.215B 4.23% | 1.273B 4.80% | 1.305B 2.47% | 1.364B 4.52% | |
| EBIT YoY % growth | 571.5M -17.73% | 641.9M 12.32% | 339.943M -47.04% | 893.561M 162.86% | 938.4M 5.02% | 1.003B 6.89% | 1.042B 3.88% | 1.104B 5.96% | |
| Operating Margin | 18.98% | 19.83% | 10.57% | 26.32% | 27.36% | 27.79% | 28.55% | 29.34% | |
| EPS YoY % growth | 5.71 1.24% | 6.10 6.83% | 5.33 -12.62% | 5.74 7.65% | 5.95 3.64% | 6.16 3.60% | 6.26 1.59% | 6.49 3.62% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 22 | Q4 / 22 | Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 1.23 2.85% | 1.45 -1.47% | 1.71 17.37% | 1.22 -23.02% | 1.31 5.79% | 1.49 2.82% | 1.86 8.33% | 1.33 8.33% | 1.42 8.59% | 1.56 4.79% |
| Revenue Q2Q % growth | 816.602M 4.90% | 873.763M 2.69% | 859.738M 4.17% | 852.689M -0.79% | 850.792M 4.19% | 883.544M 1.12% | 905.74M 5.35% | 897.59M 5.27% | 901.078M 5.91% | 904.811M 2.41% |
| EBITDA Q2Q % growth | 290.547M -12.47% | 331.959M -23.77% | 342.445M 58.79% | 293.821M 0.93% | 294.78M 1.46% | 332.969M 0.30% | 335.692M -1.97% | 294.301M 0.16% | 303.644M 3.01% | 339.66M 2.01% |
| EBIT Q2Q % growth | 207.478M 145.64% | 233.58M 197.68% | 267.801M 106.15% | 211.895M 14.22% | 218.158M 5.15% | 240.547M 2.98% | 288.629M 7.78% | 227.807M 7.51% | 235.549M 7.97% | 251.093M 4.38% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
4.95%
EPS Next 5 Year
4.00%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
3.45%
Revenue Next 5 Year
2.91%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
Citrix Systems Inc / CTXS Forecast FAQ
What is the next earnings date for CTXS stock?
Citrix Systems Inc (CTXS) will report earnings on 2022-11-03, before the market open.
What are the consensus estimates for Citrix Systems Inc (CTXS) next earnings?
The consensus EPS estimate for the next earnings of Citrix Systems Inc (CTXS) is 1.23 USD and the consensus revenue estimate is 816.60M USD.
What is the consensus rating for Citrix Systems Inc (CTXS) stock?
The consensus rating for Citrix Systems Inc (CTXS) is 77.7778 / 100 . This indicates that analysts generally have a positive outlook on the stock.