Is Citrix Systems Stock Still Attractive At $135

After a modest 11% growth since March 23, Citrix Systems stock (NASDAQ: CTXS) looks fully valued based on its historic Price to Sales (P/S) multiples. Citrix Systems, a cloud-based enterprise software provider, has seen its stock rally from $122 to $135 off the recent bottom compared to the S&P which moved around 50%. The stock is lagging the overall markets by a margin, as investors are cautious about the stock sell-off by company insiders over the recent months. Notably, the technology stocks have also seen some negative movement since September 2nd due to a stint of profit-taking after a strong run – CTXS’s stock is down 9% in the past one month. Despite this, the stock is still

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Lucid Technologies Advances Future of Work with Citrix

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There’s a silver lining in every cloud. And in the midst of the global pandemic, Lucid Technologies, Inc. has found one. Long before remote work was a mandate, the leading IT consulting and business process services provider began working with Citrix® Systems, Inc. (NASDAQ:CTXS), to enable a remote-first strategy that would allow it to respond to business disruptions and empower its global teams to work from anywhere without missing a beat. So, when COVID-19 struck, it was prepared.

“We never envisioned that a pandemic would cripple business the way it did in early 2020,” said Jeff Vincent, Chief Executive Officer, Lucid Technologies. “We were fortunate to have a remote-first workplace solution that had business continuity baked right in.”

The Space to Succeed

When Lucid Technologies set on the path to remote work, its goals were clear: minimize

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Work 2035: Citrix Research Reveals a More Intelligent Future

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–What does the future of work hold? In a world where it’s impossible to predict what will happen tomorrow, it’s a tough question to answer. But businesses that hope to emerge from the global pandemic in a stronger, better position need to be thinking about – and planning for future models – today. To help, Citrix Systems, Inc. (NASDAQ:CTXS) undertook Work 2035, a year-long examination of global work patterns and plans, to understand how work will change and the role that technology will play in enabling people to perform at their best. And the results are in: driven by flexible models and intelligent solutions that remove the complexity and noise from work, employees will be more engaged and productive and fuel innovation and growth like never before.

What will the workforce, work models and the work environment look like in 2035? And how will technology

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