Cisco Systems, Inc. (CSCO)
| Market Cap | 230.70B |
| Revenue (ttm) | 52.98B |
| Net Income (ttm) | 9.39B |
| Shares Out | 3.99B |
| EPS (ttm) | 2.33 |
| PE Ratio | 24.84 |
| Forward PE | 15.67 |
| Dividend | $1.60 (2.77%) |
| Ex-Dividend Date | Oct 2, 2024 |
| Volume | 5,779,240 |
| Open | 57.55 |
| Previous Close | 57.46 |
| Day's Range | 57.41 - 57.99 |
| 52-Week Range | 44.50 - 59.38 |
| Beta | 0.82 |
| Analysts | Buy |
| Price Target | 59.42 (+2.79%) |
| 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]
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 StatementsAnalyst 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 2.79% from the latest price.
News
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 ...
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.
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.
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. ...
AI Spending Remains a Focus. How Cisco Is Benefiting.
Melius Research analyst Ben Reitzes increases his price target on Cisco to $66 from $53.
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...
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...
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.
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.
Cramer's Mad Dash: Cisco
CNBC's Jim Cramers explains why he's keeping an eye on shares of Cisco.
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.
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, ...
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...
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.
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.
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.
Cisco sees product orders accelerate in the AI era
Networking company sees a 20% boost in product orders for the latest quarter.
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.
CISCO REPORTS FIRST QUARTER EARNINGS
SAN JOSE, Calif. , Nov. 13, 2024 /PRNewswire/ -- News Summary: Broad-based acceleration in product orders reflecting normalizing demand Product orders up 20% year over year; up 9% year over year excl...
Earnings Preview: What To Expect From Cisco Systems
Cisco Systems is scheduled to report earnings after Wednesday's close. In 2000, the stock hit a record high near $82/share and is currently trading near $60/share.
Cisco Reports Earnings Today. Expectations Are High After the Stock's Rally.
Analysts surveyed by FactSet expect the company to post earnings of 87 cents a share on revenue of $13.78 billion.
The Earnings Setup: Cisco Systems, Applied Materials and Disney
The Investment Committee discuss the setup on some stocks reporting earnings this week.
AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
CoreWeave, a cloud provider specializing in Nvidia graphics processing units, announced a $650 million secondary share sale, with Cisco and Pure Storage joining financial investors. The Nvidia-backed ...
Cisco Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Cisco Systems, Inc. CSCO will release earnings results for its third quarter, after the closing bell on Wednesday, Nov. 13.