Cisco Systems, Inc. (CSCO)

NASDAQ: CSCO · IEX Real-Time Price · USD
51.47
+0.30 (0.59%)
Mar 30, 2023, 10:56 AM EDT - Market open
0.59%
Market Cap 210.93B
Revenue (ttm) 53.16B
Net Income (ttm) 11.30B
Shares Out 4.10B
EPS (ttm) 2.73
PE Ratio 18.74
Forward PE 13.89
Dividend $1.52 (2.95%)
Ex-Dividend Date Jan 4, 2023
Volume 2,583,132
Open 51.58
Previous Close 51.17
Day's Range 51.30 - 51.68
52-Week Range 38.60 - 56.88
Beta 0.98
Analysts Buy
Price Target 58.70 (+14.05%)
Earnings Date May 17, 2023

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. It provides infrastructure platforms, including networking technologies of switching, routing, wireless, and data center products that are designed to work together to deliver networking capabilities, and transport and/or store data. The company also offers collaboration products comprising... [Read more]

Sector Technology
IPO Date Feb 16, 1990
Employees 83,300
Stock Exchange NASDAQ
Ticker Symbol CSCO
Full Company Profile

Financial Performance

In 2022, Cisco Systems's revenue was $51.56 billion, an increase of 3.49% compared to the previous year's $49.82 billion. Earnings were $11.81 billion, an increase of 11.53%.

Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for CSCO stock is "Buy." The 12-month stock price forecast is $58.7, which is an increase of 14.05% from the latest price.

Price Target
$58.7
(14.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cisco updates Webex, aims to enhance hybrid work experiences with AI

To support organizations in this era of hybrid work, Cisco introduces several new AI-based features across its Webex suite.

1 day ago - VentureBeat

Cisco Powers Unrivaled Hybrid Work Experiences with Purpose-Built AI Innovations in Webex

News Summary: AI-powered enhancements across Webex Suite, Devices, and CX deliver more personalized and inclusive experiences Cisco Collaboration Devices now have camera intelligence for an all-new ci...

2 days ago - PRNewsWire

Top Wall Street analysts prefer these five stocks despite ongoing uncertainty

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Foot Locker.

Other symbols: AAPLFLGOLFNET
4 days ago - CNBC

Cisco Systems, Inc. (CSCO) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching Cisco (CSCO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

1 week ago - Zacks Investment Research

These tech giants should profit from helping companies use AI to cut costs and automate

The most important technology trend for 2023? Artifical intelligence.

Other symbols: ADBEAVGOHPEORCL
1 week ago - Market Watch

Funding Unprofitable Growth

We have been reminding everyone that we believe we are unwinding a financial euphoria episode that Charlie Munger (Trades, Portfolio) called the biggest of his career, “because of the totality of it.”...

Other symbols: BACINTCSIVB
1 week ago - GuruFocus

New Cisco Study Finds Only 15% of Companies Surveyed are Ready to Defend Against Cybersecurity Threats

News Summary: Readiness is critical: 82% of respondents said they expect a cybersecurity incident to disrupt their business in the next 12 to 24 months The cost of being unprepared can be substantial:...

1 week ago - PRNewsWire

WEBEX AND NEXGEN VIRTUAL PARTNER TO PROVIDE SECURE HYBRID WORK EXPERIENCES

BOCA RATON, Fla. , March 20, 2023 /PRNewswire/ -- NexGen Virtual announces additional features in the NexGen Virtual Office App for Webex by Cisco, a leading provider of collaboration technologies pow...

1 week ago - PRNewsWire

3 Stocks For A Defensive Tech Portfolio

Defensive stocks like Juniper Networks (NASDAQ: JNPR), Cisco Systems (NASDAQ: CSCO) and Broadcom (NASDAQ: AVGO) should be on your radar, given the mounting economic uncertainty. As strained as the out...

Other symbols: AVGOJNPR
1 week ago - MarketBeat

Should You Buy Corning Stock Over Its Sector Peer?

This valuation gap can be attributed to Cisco's superior profitability and lower financial risk, as discussed below Looking at stock returns, both of them have declined 12% in the last twelve months, ...

Other symbols: GLW
1 week ago - Forbes

3 Highly Ranked Large-Cap Stocks for Investors to Buy

Using one of Zacks many premium screens I was able to identify three large cap stocks with strong near term expectations, and reasonable valuations

Other symbols: AXPKR
2 weeks ago - Zacks Investment Research

7 Stocks That Will Bring Success to the Dividend Investor

With the market likely to encounter myriad variables this year, investors should really consider dividend stocks to buy. Fundamentally, companies that provide passive income to their stakeholders tend...

Other symbols: DEDOXGRMNKELYAPSARBA
3 weeks ago - InvestorPlace

Investors Heavily Search Cisco Systems, Inc. (CSCO): Here is What You Need to Know

Zacks.com users have recently been watching Cisco (CSCO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

3 weeks ago - Zacks Investment Research

Final Trades: Keurig Dr Pepper, Cisco & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: KDPHQY
3 weeks ago - CNBC Television

Tech Mahindra Establishes Cisco Business Unit to Enable Global Organizations to Build Networks of the Future

SAN JOSE, Calif. & LONDON & NEW DELHI, India--(BUSINESS WIRE)-- #4G--Tech Mahindra has set up a Cisco Business Unit to build and bring to market a full range of advisory and managed lifecycle services...

3 weeks ago - Business Wire

The Most-Sold Guru Stocks of the 4th Quarter

The fourth quarter of 2022 marked a slight recovery for equity markets as they recouped some of their losses from the rest of the year. The S&P 500 climbed 7.6% for the quarter to end the year with a ...

Other symbols: MAMRKMSFTV
3 weeks ago - GuruFocus

Cisco, NTT join forces to supercharge private 5G network transformations

New tech and services from NTT and Cisco will accelerate edge connectivity so customers can integrate private 5G into existing infrastructure.

1 month ago - VentureBeat

3 Stocks to Keep an Eye On in a Troubled Networking Industry

Amid macroeconomic weakness and supply chain woes, the Zacks Computer - Networking industry players like CSCO, INFN and DGII are poised to benefit from accelerated 5G deployment and increasing demand ...

Other symbols: DGIIINFN
1 month ago - Zacks Investment Research

Cisco Announces March 2023 Event with the Financial Community

SAN JOSE, Calif. , March 1, 2023 /PRNewswire/ -- Cisco today announced that it will participate in the following conference with the financial community during the month of March.

1 month ago - PRNewsWire

Mercedes partnership just the beginning for Cisco's 'internet of things' growth, CEO says

Chuck Robbins, chair and CEO at Cisco, speaks to CNBC's Karen Tso at Mobile World Congress in Barcelona, Spain.

1 month ago - CNBC International TV

7 Rock-Solid Dividend Stocks to Buy as the Market Slows

It's time for investors to consider rock-solid dividend stocks to buy. Generally speaking, passive-income-providing companies enjoy relatively stable businesses.

Other symbols: ADMBGCMICVSHIIR
1 month ago - InvestorPlace

Cisco to acquire startup Valtix to beef up its multi-cloud network security

Few organizations use a single cloud infrastructure vendor, and figuring out how to configure security across multiple clouds can be a challenge for companies. Cisco announced over the weekend that it...

1 month ago - TechCrunch

Cisco works with Mercedes-Benz to create mobile office

Cisco is working with Mercedes Benz to add its Webex conferencing tools to the dashboard of vehicles arriving in dealerships in the coming weeks, the company said on Monday, as it seeks to turn the ca...

1 month ago - Reuters

Cisco @ Mobile World Congress: Showcasing Simple and Secure Wireless Experiences to Help Businesses Connect More People and Things

News Summary: Cisco spotlights new projects with global partners including BT Group, KPN, Telenor, Telstra, Telus, Tele2, and TIM to help enterprise customers manage IoT deployments with simplicity, a...

1 month ago - PRNewsWire

Cisco Launches Meraki 5G Gateways with T-Mobile to Deliver Simple and Scalable Business Internet

BARCELONA, Spain , Feb. 27, 2023 /PRNewswire/ -- Mobile World Congress --Today at Mobile World Congress in Barcelona, Cisco and T-Mobile announced plans to offer businesses Cisco Meraki's first-ever 5...

Other symbols: TMUS
1 month ago - PRNewsWire