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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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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.
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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.
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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.
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.
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.
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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.