Cisco Systems, Inc. (CSCO)
NASDAQ: CSCO · IEX Real-Time Price · USD
47.28
-0.24 (-0.51%)
At close: Jul 2, 2024, 4:00 PM
47.29
+0.01 (0.02%)
After-hours: Jul 2, 2024, 7:57 PM EDT
Cisco Systems Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Cisco Systems stock have an average target of 55.97, with a low estimate of 50 and a high estimate of 76. The average target predicts an increase of 18.38% from the current stock price of 47.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cisco Systems stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 3 | 3 | 3 |
| Buy | 5 | 5 | 4 | 4 | 4 | 3 |
| Hold | 14 | 14 | 13 | 13 | 14 | 13 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 20 | 21 | 21 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jun 10, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $52 | Hold | Reiterates | $52 | +9.98% | Jun 5, 2024 |
| Barclays | Barclays | Hold Maintains $48 → $50 | Hold | Maintains | $48 → $50 | +5.75% | May 17, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $52 → $57 | Hold | Maintains | $52 → $57 | +20.56% | May 16, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $51 → $52 | Hold | Reiterates | $51 → $52 | +9.98% | May 16, 2024 |
Financial Forecast
Revenue This Year
54.77B
from 57.00B
Decreased by -3.91%
Revenue Next Year
56.79B
from 54.77B
Increased by 3.68%
EPS This Year
3.78
from 3.07
Increased by 23.10%
EPS Next Year
3.62
from 3.78
Decreased by -4.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 56.5B | 60.0B | 62.8B | 65.4B | 67.8B |
| Avg | 54.8B | 56.8B | 58.8B | 63.4B | 65.9B |
| Low | 52.5B | 53.9B | 50.7B | 60.8B | 63.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.9% | 9.5% | 10.5% | 11.3% | 7.0% |
| Avg | -3.9% | 3.7% | 3.5% | 7.9% | 3.9% |
| Low | -7.8% | -1.6% | -10.6% | 3.5% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.94 | 3.99 | 4.33 | 4.39 | 4.76 |
| Avg | 3.78 | 3.62 | 3.93 | 4.24 | 4.62 |
| Low | 3.62 | 3.37 | 3.57 | 4.06 | 4.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.2% | 5.6% | 19.5% | 11.8% | 12.1% |
| Avg | 23.1% | -4.2% | 8.4% | 8.1% | 8.9% |
| Low | 17.8% | -10.8% | -1.5% | 3.3% | 4.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.