Cisco Systems, Inc. (CSCO)
NASDAQ: CSCO · Real-Time Price · USD
57.53
-0.99 (-1.69%)
At close: Dec 18, 2024, 4:00 PM
57.39
-0.14 (-0.24%)
Pre-market: Dec 19, 2024, 6:28 AM EST
Cisco Systems Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Cisco Systems stock have an average target of 60.28, with a low estimate of 50 and a high estimate of 78. The average target predicts an increase of 4.78% from the current stock price of 57.53.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 5 | 5 | 6 | 6 | 6 |
Buy | 3 | 3 | 3 | 3 | 4 | 4 |
Hold | 13 | 13 | 13 | 12 | 10 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 19 | 21 | 21 | 21 | 20 | 19 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Buy Maintains $62 → $68 | Buy | Maintains | $62 → $68 | +18.20% | Dec 17, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $62 → $64 | Strong Buy | Maintains | $62 → $64 | +11.25% | Nov 14, 2024 |
B of A Securities | B of A Securities | Strong Buy Maintains $60 → $72 | Strong Buy | Maintains | $60 → $72 | +25.15% | Nov 14, 2024 |
UBS | UBS | Hold Maintains $55 → $62 | Hold | Maintains | $55 → $62 | +7.77% | Nov 14, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $57 → $60 | Hold | Maintains | $57 → $60 | +4.29% | Nov 14, 2024 |
Financial Forecast
Revenue This Year
57.05B
from 53.80B
Increased by 6.04%
Revenue Next Year
59.78B
from 57.05B
Increased by 4.78%
EPS This Year
3.73
from 2.54
Increased by 46.66%
EPS Next Year
4.02
from 3.73
Increased by 7.93%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 59.0B | 66.8B | 70.2B | ||
Avg | 57.1B | 59.8B | 62.4B | ||
Low | 54.6B | 56.5B | 58.3B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 9.7% | 17.0% | 17.4% | ||
Avg | 6.0% | 4.8% | 4.4% | ||
Low | 1.5% | -0.9% | -2.4% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 3.89 | 4.76 | 5.19 | ||
Avg | 3.73 | 4.02 | 4.34 | ||
Low | 3.56 | 3.77 | 4.06 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 53.0% | 27.7% | 29.1% | ||
Avg | 46.7% | 7.9% | 7.8% | ||
Low | 40.1% | 1.3% | 0.9% |
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.