Cisco Systems, Inc. (CSCO)

NASDAQ: CSCO · IEX Real-Time Price · USD
47.28
-0.01 (-0.02%)
At close: Jun 24, 2024, 4:00 PM
47.33
+0.05 (0.11%)
After-hours: Jun 24, 2024, 7:26 PM EDT
-0.02%
Market Cap 190.48B
Revenue (ttm) 55.36B
Net Income (ttm) 12.12B
Shares Out 4.03B
EPS (ttm) 2.96
PE Ratio 15.97
Forward PE 13.42
Dividend $1.60 (3.38%)
Ex-Dividend Date Jul 5, 2024
Volume 18,917,616
Open 47.49
Previous Close 47.29
Day's Range 47.02 - 47.78
52-Week Range 44.95 - 58.19
Beta 0.85
Analysts Buy
Price Target 55.97 (+18.38%)
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]

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

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 Statements

Analyst 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 18.38% from the latest price.

Price Target
$55.97
(18.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention.

Other symbols: ZBHAPOGEPSTG
3 days ago - Benzinga

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 days ago - Forbes

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?

Other symbols: JNPR
5 days ago - Invezz

Final Trades: Amazon, Bank of America, Cisco and Netflix

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: AMZNNFLXBAC
6 days ago - CNBC Television

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...

7 days ago - CNBC International TV

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...

Other symbols: AVGOMRVLNVDA
7 days ago - Benzinga

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.

7 days ago - Reuters

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

Other symbols: CHRDKMB
8 days ago - CNBC

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...

10 days ago - PRNewsWire

Wall Street's Most Accurate Analysts Weigh In On 3 Tech Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...

Other symbols: HPQXRX
10 days ago - Benzinga

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...

13 days ago - Bloomberg Markets and Finance

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...

13 days ago - GlobeNewsWire

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.

14 days ago - Benzinga

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.

Other symbols: NVDACTRAEMR
19 days ago - Schwab Network

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 ...

19 days ago - PRNewsWire

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.

19 days ago - CNBC Television

Cisco launches $1 bln AI fund and makes first investments

Cisco on Tuesday launched a $1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes in small AI firms.

20 days ago - Reuters

Cisco Live 2024: Cisco Announces New AI-powered Innovations and Investments to Help Customers Unlock a More Connected and Secure Future

News summary: AI-powered innovations build customers' digital resilience by uniquely combining the power of the network with industry-leading security, observability, and data, simplifying adoption, a...

20 days ago - PRNewsWire

Cisco Reveals Nexus HyperFabric AI Clusters, A New Simplified Data Center Infrastructure Solution with NVIDIA for Generative AI

News Summary:  The new solution will combine Cisco and NVIDIA innovation to simplify the deployment of generative AI applications, providing IT visibility and analytics across the entire AI infrastruc...

20 days ago - PRNewsWire

Cisco ThousandEyes Digital Experience Assurance Radically Shifts IT Operations from Monitoring to Action

New AI-native innovations unl ock assurance across owned and unowned domains for Cisco Networking Cloud and beyond News summary: New Cisco ThousandEyes capabilities and AI-native workflows in Cisco Ne...

20 days ago - PRNewsWire

CISCO LAUNCHES $1B GLOBAL AI INVESTMENT FUND

News Summary:  Cisco is launching a $1B global investment fund to expand and develop secure, reliable and trustworthy AI solutions Cisco is making strategic investments with world-class start-ups acro...

20 days ago - PRNewsWire

Cisco Security Cloud Vision Comes to Life, Transforming Enterprise Defenses

With unified solutions across its security portfolio, Cisco brings enhanced security posture to customers fueled by AI and industry partnerships News Summary Industry-first Cisco Hypershield bolsters ...

20 days ago - PRNewsWire

VAST Data Selected as First Data Platform for Cisco Nexus HyperFabric, a Generative AI Solution Developed in Collaboration with NVIDIA

Companies to provide data platform for building large scale, high-bandwidth AI infrastructure Companies to provide data platform for building large scale, high-bandwidth AI infrastructure

20 days ago - GlobeNewsWire

Cisco-owned ThousandEyes launches AI to predict and fix internet outages, teases ChatGPT-style tech

ThousandEyes, the internet monitoring unit of Cisco, launched unveiled a new set of AI-powered capabilities Monday, called Digital Experience Assurance, or DXA. The company says its new AI tech will e...

20 days ago - CNBC

LiveAction Announces Deeper Integrations with Cisco Ecosystem for Unparalleled Network Visibility and Packet Capture Forensics

SAN FRANCISCO, June 03, 2024 (GLOBE NEWSWIRE) -- LiveAction , the leader in network intelligence, today announced deeper technology integrations within the Cisco ecosystem, further solidifying its com...

21 days ago - GlobeNewsWire