Cisco Systems Inc

Cisco Systems Inc Stock Forecast & Price Prediction

Live Cisco Systems Inc Stock (CSCO) Price
$58.95

28

Ratings

  • Buy 12
  • Hold 15
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$58.95

P/E Ratio

25.70

Volume Traded Today

$16.5M

Dividend

$0.4

52 Week High/low

60.23/44.50

Cisco Systems Inc Market Cap

$238.53B

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CSCO Summary

From what 28 stock analysts predict, the share price for Cisco Systems Inc (CSCO) might increase by 5.09% in the next year. This is based on a 12-month average estimation for CSCO. Price targets go from $50 to $78. The majority of stock analysts believe CSCO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CSCO Analyst Ratings

Cisco Systems Inc has a total of 28 Wall St Analyst ratings. There are 12 buy ratings, 15 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Cisco Systems Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

CSCO stock forecast by analyst

These are the latest 20 analyst ratings of CSCO.

Analyst/Firm

Rating

Price Target

Change

Date

Tim Long
Barclays

Equal-Weight

$56

Maintains

Nov 14, 2024
David Vogt
UBS

Neutral

$62

Maintains

Nov 14, 2024
James Fish
Piper Sandler

Neutral

$57

Maintains

Nov 14, 2024
Atif Malik
Citigroup

Buy

$64

Maintains

Nov 14, 2024
Aaron Rakers
Wells Fargo

Equal-Weight

$60

Maintains

Nov 14, 2024
Meta Marshall
Morgan Stanley

Overweight

$62

Maintains

Nov 14, 2024
Tal Liani
B of A Securities

Buy

$72

Maintains

Nov 14, 2024
Samik Chatterjee
JP Morgan

Overweight

$66

Upgrade

Nov 11, 2024
Atif Malik
Citigroup

Buy

$62

Upgrade

Oct 16, 2024
Ivan Feinseth
Tigress Financial

Buy

$78

Maintains

Oct 14, 2024
Amit Daryanani
Evercore ISI Group

Outperform

$60

Maintains

Sep 20, 2024
Stephen Bersey
HSBC

Buy

$58

Upgrade

Aug 16, 2024
James Fish
Piper Sandler

Neutral

$52

Reiterates

Aug 15, 2024
Mike Genovese
Rosenblatt

Neutral

$58

Maintains

Aug 15, 2024
Matthew Niknam
Deutsche Bank

Hold

$53

Maintains

Aug 15, 2024
George Notter
Jefferies

Buy

$53

Maintains

Aug 15, 2024
Tim Long
Barclays

Equal-Weight

$49

Maintains

Aug 15, 2024
Pierre Ferragu
New Street Research

Buy

$57

Upgrade

Aug 15, 2024
Alex Henderson
Needham

Hold


Reiterates

Aug 15, 2024
Alex Henderson
Needham

Hold


Reiterates

Jun 10, 2024

CSCO Company Information

What They Do: Networking and communication technology solutions provider.

Business Model: The company designs and sells a wide range of Internet Protocol-based networking products and services, including switching, routing, and wireless solutions. It generates revenue through direct sales and partnerships with systems integrators, service providers, and resellers, offering a blend of hardware, software, and support services.

Other Information: Cisco serves a diverse clientele, including businesses of all sizes, public institutions, and government entities. It emphasizes security and collaboration products, such as the Webex Suite, and offers flexible deployment options for its solutions. Established in 1984 and headquartered in San Jose, California, Cisco maintains strategic alliances to enhance its market reach.
CSCO
Cisco Systems Inc (CSCO)

When did it IPO

1990

Staff Count

90,400

Country

United States

Sector/Industry

Technology/Communication Equipment

CEO

Mr. Charles H. Robbins

Market Cap

$238.53B

Cisco Systems Inc (CSCO) Financial Data

In 2023, CSCO generated $57.00B in revenue, which was a increase of 10.55% from the previous year. This can be seen as a signal that CSCO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$49.82B

0.00 %
From Previous Year

Revenue From 2022

$51.56B

3.49 %
From Previous Year

Revenue From 2023

$57.00B

10.55 %
From Previous Year
  • Revenue TTM $52.98B
  • Operating Margin TTM 17.0%
  • Gross profit TTM $34.83B
  • Return on assets TTM 6.3%
  • Return on equity TTM 20.8%
  • Profit Margin 17.7%
  • Book Value Per Share 11.35%
  • Market capitalisation $238.53B
  • Revenue for 2021 $49.82B
  • Revenue for 2022 $51.56B
  • Revenue for 2023 $57.00B
  • EPS this year (TTM) $2.33

Cisco Systems Inc (CSCO) Latest News

News Image

Wed, 04 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Verizon is the only Dow Dog with annual dividends exceeding its share price. Six others, including Cisco and Merck, are close. Analysts predict net gains of 11.36% to 31.73% by December 2025, with Merck at 31.73%.

Why It Matters - Verizon's unique position among Dow Dogs highlights its strong dividend potential, while analysts predict significant gains from top Dow Dogs, signaling potential investment opportunities.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Cisco Systems will participate in the 2024 UBS Global Technology and AI Conference on December 3, 2024, at 12:55 PM ET, featuring Bill Gartner.

Why It Matters - Cisco's participation in a major tech conference highlights its focus on optical systems and AI, signaling potential growth areas and innovation that could impact stock performance.

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks.com users are showing increased interest in Cisco (CSCO), prompting a review of the stock's potential performance.

Why It Matters - Increased user interest in Cisco may signal potential stock volatility or investment opportunities, prompting investors to assess the company's performance and outlook.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Zones has achieved the Cisco Gold Provider designation, highlighting its expertise in managed services and technology solutions, and reinforcing its position in the IT industry.

Why It Matters - Zones achieving Cisco Gold Provider status enhances its credibility and competitive edge, potentially driving revenue growth and attracting new clients, which may positively influence its stock performance.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Cisco will participate in several financial events in December 2024, including the UBS Global Technology Conference and Wells Fargo TMT Summit, with no new financial information expected.

Why It Matters - Cisco's participation in key financial events signals its ongoing engagement with investors, which can impact stock sentiment and market perception of the company's growth and strategy.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - OneTen, with Cisco, released a study on Cisco's shift to a skills-first hiring approach, enhancing business results and workforce inclusion since joining in 2021.

Why It Matters - The partnership highlights a shift towards skills-based hiring, potentially increasing talent pools and improving company performance, which may enhance Cisco's competitive edge and profitability.

...

CSCO Frequently asked questions

The highest forecasted price for CSCO is $78 from Ivan Feinseth at Tigress Financial.

The lowest forecasted price for CSCO is $50 from James Faucette from Morgan Stanley

The CSCO analyst ratings consensus are 12 buy ratings, 15 hold ratings, and 1 sell ratings.