Citrix Systems Stock To Rise After Fall Post Earnings?

CTXS: Citrix Systems logo
CTXS
Citrix Systems

Citrix Systems (NASDAQ: CTXS), is a software company which provides server, application and desktop virtualization, networking, software as a service, and cloud computing technologies. The company saw its stock fall by 13% over the last five trading days. In comparison, the broader S&P500 rose by 0.06% over the last five trading days. The sell off in the stock came after the earnings release on April 28 which missed market estimates in both revenue and earnings. Now, is CTXS stock poised to grow? We believe that there is a strong chance of a rise in CTXS stock over the next month (twenty-one trading days) based on our machine learning analysis of trends in the stock price over the last ten years. See our analysis on Citrix Systems Stock Chances Of Rise for more details.

5D: CTXS -13%, vs. S&P500 0.06%; Underperformed market

(Extremely rare event)

  • Citrix Systems Inc stock declined 13% over a five day trading period ending 5/6/2021, compared to the broader market (S&P500) which rose 0.06%
  • A change of -13% or more over five trading days is an extremely rare event, which has occurred 17 times out of 2516 in the last ten years
Relevant Articles
  1. Capital One Stock Gained 44% In The Last 6 Months, What’s Next?
  2. Up 8% Year To Date As 5G Gains Traction, What’s Next For Verizon Stock?
  3. Up 32% In The Last 12 Months, Where Is BNY Mellon Stock Headed?
  4. Rallying 30% YTD, What’s Spurring The Rally In Applied Materials’ Stock?
  5. Will UPS Stock Recover To Its Pre-Inflation Shock High of $230?
  6. Should You Pick Boeing Stock At $190?

10D: CTXS -13%, vs. S&P500 1.2%; Underperformed market

(2% likelihood event)

  • Citrix Systems Inc stock declined 13% over the last ten trading days (two weeks), compared to the broader market (S&P500) rise of 1.2%
  • A change of -13% or more over ten trading days is a 2% likelihood event, which has occurred 43 times out of 2511 in the last ten years

21D: CTXS -12%, vs. S&P500 5.2%; Underperformed market

(5% likelihood event)

  • Citrix Systems Inc stock declined 12% over the last twenty-one trading days (one month), compared to the broader market (S&P500) rise of 5.2%
  • A change of -12% or more over twenty-one trading days is an 5% likelihood event, which has occurred 135 times out of 2500 in the last ten years

While Citrix Systems Inc stock has moved, it is helpful to see how its peers stack up. Check out Citrix Systems Inc Stock Comparison With Peers to see how Citrix Systems Inc compares against peers on metrics that matter. You can find more such useful comparisons on Peer Comparisons.

See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams