Cisco Systems, Inc. (CSCO)
NASDAQ: CSCO · IEX Real-Time Price · USD
48.10
-0.25 (-0.52%)
At close: Apr 25, 2024, 4:00 PM
47.98
-0.12 (-0.25%)
After-hours: Apr 25, 2024, 7:57 PM EDT
Cisco Systems Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Cisco Systems stock have an average target of 55.53, with a low estimate of 45 and a high estimate of 76. The average target predicts an increase of 15.45% from the current stock price of 48.10.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cisco Systems stock from 21 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 3 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 13 | 13 | 14 | 14 | 13 | 13 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 23 | 23 | 20 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Initiates $53 | Hold | Initiates | $53 | +10.19% | Apr 22, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $55 → $60 | Hold → Strong Buy | Upgrades | $55 → $60 | +24.74% | Apr 15, 2024 |
| Citigroup | Citigroup | Hold Initiates $52 | Hold | Initiates | $52 | +8.11% | Apr 12, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $58 | Buy | Initiates | $58 | +20.58% | Apr 9, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $51 → $52 | Hold | Maintains | $51 → $52 | +8.11% | Apr 9, 2024 |
Financial Forecast
Revenue This Year
53.61B
from 57.00B
Decreased by -5.94%
Revenue Next Year
54.67B
from 53.61B
Increased by 1.97%
EPS This Year
3.78
from 3.07
Increased by 23.10%
EPS Next Year
3.88
from 3.78
Increased by 2.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 56.5B | 61.6B | 65.0B | 63.8B | 65.9B |
| Avg | 53.6B | 54.7B | 56.4B | 62.0B | 64.0B |
| Low | 50.8B | 48.7B | 50.7B | 59.6B | 61.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.9% | 15.0% | 18.9% | 13.2% | 6.3% |
| Avg | -5.9% | 2.0% | 3.2% | 10.0% | 3.2% |
| Low | -10.8% | -9.2% | -7.2% | 5.6% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.99 | 4.25 | 4.71 | 4.59 | 4.83 |
| Avg | 3.78 | 3.88 | 4.10 | 4.46 | 4.69 |
| Low | 3.53 | 3.44 | 3.61 | 4.28 | 4.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.0% | 12.5% | 21.5% | 11.8% | 8.4% |
| Avg | 23.1% | 2.6% | 5.8% | 8.6% | 5.3% |
| Low | 14.9% | -9.0% | -7.0% | 4.4% | 1.1% |
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.