Cisco Systems, Inc. (CSCO)
| 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]
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 StatementsAnalyst 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.
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.
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...
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Funding Unprofitable Growth
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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:...
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...
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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...
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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 ...
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.
3 Stocks to Keep an Eye On in a Troubled Networking Industry
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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.
Mercedes partnership just the beginning for Cisco's 'internet of things' growth, CEO says
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Cisco to acquire startup Valtix to beef up its multi-cloud network security
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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...
Cisco @ Mobile World Congress: Showcasing Simple and Secure Wireless Experiences to Help Businesses Connect More People and Things
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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...