Cisco Systems, Inc. (CSCO)

NASDAQ: CSCO · Real-Time Price · USD
58.55
+0.99 (1.72%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.72%
Market Cap 233.19B
Revenue (ttm) 52.98B
Net Income (ttm) 9.39B
Shares Out 3.98B
EPS (ttm) 2.33
PE Ratio 25.16
Forward PE 15.87
Dividend $1.60 (2.73%)
Ex-Dividend Date Jan 3, 2025
Volume 14,249,670
Open 57.59
Previous Close 57.56
Day's Range 57.46 - 58.70
52-Week Range 44.50 - 59.38
Beta 0.82
Analysts Buy
Price Target 59.42 (+1.49%)
Earnings Date Nov 13, 2024

About CSCO

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networ... [Read more]

Sector Technology
IPO Date Feb 16, 1990
Employees 84,900
Stock Exchange NASDAQ
Ticker Symbol CSCO
Full Company Profile

Financial Performance

In 2024, Cisco Systems's revenue was $53.80 billion, a decrease of -5.61% compared to the previous year's $57.00 billion. Earnings were $10.32 billion, a decrease of -18.18%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for CSCO stock is "Buy." The 12-month stock price forecast is $59.42, which is an increase of 1.49% from the latest price.

Price Target
$59.42
(1.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years

We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, wit...

19 hours ago - Seeking Alpha

Cisco Systems, Inc. (CSCO) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference (Transcript)

Cisco Systems, Inc. (NASDAQ:CSCO) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference November 20, 2024 11:20 AM ET Company Participants Scott Herren - Executive ...

3 days ago - Seeking Alpha

Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy

AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...

Other symbols: ADMCARCEGCOPCVSETHAL
3 days ago - Seeking Alpha

AlgoSec Wins Two Cisco Partnership Awards, Recognizing the Value for Securing Application Connectivity Across Hybrid Networks

Cisco awards AlgoSec with EMEA Co-Sell Partner of the Year and Cisco Meraki Marketplace Tech Partner of the Month based on the company's continued innovation and dedication to application security Cis...

3 days ago - GlobeNewsWire

My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...

3 days ago - Seeking Alpha

Cisco's 2024 AI Readiness Index: Urgency Rises, Readiness Falls

Second annual report shows the race to get AI right is on, with a critical focus on networking infrastructure  News Summary: Leaders feel the pressure; 98% report increased urgency to deliver on AI an...

4 days ago - PRNewsWire

Cisco and MGM Resorts International Sign Multi-Year Agreement

Bringing the Next Generation of Guest Experience to Las Vegas and Beyond News Summary:   Global gaming and entertainment company MGM Resorts International signs a Whole Portfolio Agreement with Cisco ...

Other symbols: MGM
5 days ago - PRNewsWire

Buy, Sell Or Hold CSCO Stock?

Note: Cisco's FY 2024 ended July 27, 2024

5 days ago - Forbes

Cisco to Participate in RBC Conference

SAN JOSE, Calif. , Nov. 15, 2024 /PRNewswire/ -- Cisco today announced that it will participate in the following event with the financial community.

8 days ago - PRNewsWire

Cisco's 'financial discipline' is 'paying off': CFO

Cisco Systems (CSCO) reported stronger-than-expected results for its first fiscal 2025 quarter. Revenue came in at $13.84 billion, surpassing the estimated $13.77 billion.

9 days ago - Yahoo Finance

Cisco's Q1 Results Didn't Impress The Market, But It Remains A Strong Value Play

Despite the company's YoY revenue decline in fiscal Q1 2025, I remain extremely bullish on Cisco Systems, Inc. stock due to its strong value play and growth potential in AI and subscription services. ...

9 days ago - Seeking Alpha

AI Spending Remains a Focus. How Cisco Is Benefiting.

Melius Research analyst Ben Reitzes increases his price target on Cisco to $66 from $53.

9 days ago - Barrons

CSCO to Grow Amid "Fairly Bright" Networking Industry

Keith Snyder notes weakness in Cisco's (CSCO) public sector exposure but believes confidence from management shows the company has room to run to the upside. William Kerwin expects a "normalized deman...

9 days ago - Schwab Network

Cisco CEO remains ‘as bullish as ever,' but stock continues to fall

Famed investor Jim Cramer says insider confidence is reason enough to load up on Cisco Systems Inc (NASDAQ: CSCO) on the post-earnings weakness. Cisco stock is down 2% at writing after reporting its f...

9 days ago - Invezz

Cisco Systems Analysts Raise Forecasts On 'Meaningful Traction' Across 3 AI Investments

Shares of Cisco Systems Inc CSCO declined in early trading on Thursday, even after the company reported upbeat fiscal first-quarter earnings.

9 days ago - Benzinga

Why Wall Street Is Bullish on Cisco Stock After Earnings

Cisco stock is lower Thursday despite the tech giant's beat-and-raise quarter, but analysts aren't concerned. Here's what you need to know.

9 days ago - Kiplinger

Cramer's Mad Dash: Cisco

CNBC's Jim Cramers explains why he's keeping an eye on shares of Cisco.

9 days ago - CNBC Television

US Stocks Edge Lower; Cisco Earnings Top Views

U.S. stocks traded slightly lower this morning, with the Dow Jones index falling by 0.1% on Thursday.

9 days ago - Benzinga

Cisco: Q1, Targeting $1B AI Orders In FY 2025

Cisco's stock price has risen 21% since my 'Buy' rating in August 2024, driven by strong AI, cloud, and security market focus. Product orders grew 20% YoY, signalling the end of inventory destocking, ...

10 days ago - Seeking Alpha

Cisco Systems, Inc. (CSCO) Q1 2025 Earnings Call Transcript

Cisco Systems, Inc. (NASDAQ:CSCO) Q1 2025 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Sami Badri - Head, Investor Relations Chuck Robbins - Chair & Chief Executive Offi...

10 days ago - Seeking Alpha

Cisco Lifts Its Forecast as Earnings Top Expectations, Despite Declining Revenue

Cisco Systems (CSCO) reported fiscal first-quarter earnings that exceeded analysts' expectations and raised its full-year forecast, despite declining revenues.

10 days ago - Investopedia

CFRA's Keith Snyder weighs in on Cisco's earnings

Keith Snyder, CFRA analyst, joins 'Closing Bell: Overtime' to weigh in on Cisco earnings as shares rise on its earnings beat.

10 days ago - CNBC Television

Cisco reports fourth straight quarter of declining revenue

Cisco's quarterly results surpassed expectations, and the company pushed up its full-year revenue target. Revenue dropped 5% from a year earlier, a fourth straight quarter of declines.

10 days ago - CNBC

Cisco sees product orders accelerate in the AI era

Networking company sees a 20% boost in product orders for the latest quarter.

10 days ago - Market Watch

Cisco raises annual revenue forecast

Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven products.

10 days ago - Reuters