Cisco Systems, Inc. (CSCO)
| Market Cap | 192.90B |
| Revenue (ttm) | 55.36B |
| Net Income (ttm) | 12.12B |
| Shares Out | 4.03B |
| EPS (ttm) | 2.96 |
| PE Ratio | 16.18 |
| Forward PE | 13.59 |
| Dividend | $1.60 (3.34%) |
| Ex-Dividend Date | Jul 5, 2024 |
| Volume | 15,619,517 |
| Open | 47.32 |
| Previous Close | 47.24 |
| Day's Range | 47.24 - 48.01 |
| 52-Week Range | 44.95 - 58.19 |
| Beta | 0.84 |
| Analysts | Buy |
| Price Target | 55.97 (+16.9%) |
| Earnings Date | Aug 14, 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 2023, Cisco Systems's revenue was $57.00 billion, an increase of 10.55% compared to the previous year's $51.56 billion. Earnings were $12.61 billion, an increase of 6.78%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for CSCO stock is "Buy." The 12-month stock price forecast is $55.97, which is an increase of 16.90% from the latest price.
News
AI could be a solution to tech outages, Cisco says
Dave West, president of Cisco for Asia Pacific, Japan and Greater China, discusses the global outage that CrowdStrike caused.
5 Tech Stocks Set To Gain From US Chip Crackdown On China: JPMorgan
The Biden administration's escalating restrictions on China's access to high-end semiconductors and technology, along with the potential for higher tariffs under future administrations, have stirred s...
Final Trades: Cisco Systems, Arch Capital, Pfizer, and the COWZ
The Investment Committee give you their top stocks to watch for the second half.
Trade Tracker: Kevin Simpson sells Cisco and buys more TJX Companies and Amgen
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest trades.
Final Trades: Cisco, Leidos, TJX Companies and the IJR
The Investment Committee give you their top stocks to watch for the second half.
"Cisco pyATS: Network Test and Automation Solution" Co-authored by BlueAlly's Dan Wade and Seasoned Industry Expert, John Capobianco, Now Available for Early Release
CARY, N.C.--(BUSINESS WIRE)--BlueAlly, a leading IT services and solutions provider, proudly announces the release of the new book, "Cisco pyATS: Network Test and Automation Solution: Data-driven and ...
Bullish on Cisco Systems (CSCO)
Alan Knuckman looks at how markets are flat following Powell's comments and the labor data. He also demonstrates a bullish example trade using Cisco Systems (CSCO).
Current A.I. Names vs 2000 Cisco Systems
How do current A.I. names compare to 2000 Cisco Systems (CSCO)?
The Rise of LoRa and LoRaWAN IoT Market: A $32.7 billion Industry Dominated by Tech Giants - Bosch Group (Germany), Cisco (US) | MarketsandMarkets™
Chicago, June 28, 2024 (GLOBE NEWSWIRE) -- The global LoRa and LoRaWAN IoT Market size is projected to grow from USD 8.0 billion in 2024 to USD 32.7 billion by 2029 at a Compound Annual Growth Rate (C...
Will Higher Software Sales, Splunk Deal Drive Cisco Stock Back To $60?
Cisco Systems Inc (NASDAQ: CSCO) currently trades at $47 per share, about 26% below its pre-inflation shock high of about $64 seen on December 29, 2021. The sell-off has been driven by several factors...
Cisco is 'very optimistic' about its expanding business with China EVs
Cisco is "very optimistic" about its growing business with Chinese electric car companies as they expand overseas, Cisco's Greater China head Ming Wong told CNBC. Chinese electric car companies have r...
Is Cisco Undervalued At $46, Amid Network Recovery And Splunk Revenue Upside?
Cisco Systems Inc (NASDAQ: CSCO) stock has underperformed this year, falling by about 9% since early January. Cisco's product sales have seen a slowdown as customers have been focused on installing an...
3 dividend stocks in tech with potential to significantly outperform
Tech stocks are primarily known for their upside potential. But wouldn't they be all the more exciting if they came up with a lucrative dividend yield as well?
Final Trades: Amazon, Bank of America, Cisco and Netflix
The Investment Committee give you their top stocks to watch for the second half.
Cisco to focus on security, AI projects in new Taiwan, Vietnam investments
Guy Diedrich, Senior Vice President & Global Innovation Office of Cisco signaled that the company's "country digital acceleration" program is aimed at addressing skills gaps present within countries a...
Broadcom's Cutting-Edge AI Networking Technology Leaves Nvidia, Marvell, Cisco Behind: JPMorgan
Broadcom Inc. (NASDAQ) is not only holding its position in the datacenter and AI Ethernet switching market but is also making significant strides forward. With its stock currently trading at $1,735.04...
Cisco to establish cybersecurity centre in Taiwan
U.S. networking equipment maker Cisco said on Monday it would set up a cybersecurity centre in Taiwan and work with the government to train more people to work in the sector.
Top Wall Street analysts suggest these 3 dividend stocks for enhanced returns
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco Systems and Kimberly-Clark
Cisco Appoints Ekta Singh-Bushell to Board of Directors
News Summary: Cisco appoints Ekta Singh-Bushell to its board of directors effective June 14, 2024. Singh-Bushell, a highly accomplished business leader, most recently held the position of deputy to th...
Cisco to Step Up Use of AI for Security
Cisco CEO Chuck Robbins, and Gary Steele, CEO of Splunk, talk about the rise of AI in cybersecurity, completing the deal to buy Splunk, and how the companies are being integrated. They're on "Bloomber...
Top 5 Takeaways from Cisco Live Vegas 2024:
Cary, NC, June 11, 2024 (GLOBE NEWSWIRE) -- The cheers have hardly died down from Elton John's performance at Cisco Live 2024, and already the jaw-dropping technological advancements unveiled at the s...
Cisco Systems Guidance Understates New Growth Initiatives, Says Bullish Analyst
Earlier this month, Cisco Systems Inc launched a $1 billion investment fund to support the development of secure AI solutions.
NVDA, CSCO, EMR, CTRA: A.I. Momentum Continues to Drive the Markets
A.I. momentum continues to drive the markets. Dan Genter discusses this as Nvidia's (NVDA) 10-for-1 stock split takes effect Friday after the close.
Cisco and Splunk Announce Integrated Full-Stack Observability Experience for the Enterprise
Cisco and Splunk Enable Unparalleled Visibility and Real-Time Insights to Standardize Observability in One Solution News Summary: The new Unified Observability Experience offers customers a cohesive ...
Every first call is going to be taken by an AI agent, says Cisco CEO Chuck Robbins
Cisco CEO Chuck Robbins joins 'Mad Money' host Jim Cramer to talk AI integration, its Nvidia partnership, and more.