From what 7 stock analysts predict, the share price for Cisco Systems Inc (CSCO) might increase by 9.92% in the next year. This is based on a 12-month average estimation for CSCO. Price targets go from $48.00 to $55.00. 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 7 Wall St Analyst ratings. There are 1 buy ratings, 6 ratings, and 0 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.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
tal liani Bank of America Securities | Hold | $55.0 | reiterated | Feb 15, 2024 |
amit daryanani Evercore ISI | Buy | $55.0 | maintained | Feb 14, 2024 |
tim long Barclays | Hold | $48.0 | rated | Feb 14, 2024 |
david vogt UBS | Hold | $55.0 | maintained | Feb 12, 2024 |
james fish Piper Sandler | Hold | $52.0 | rated | Jan 16, 2024 |
ben reitzes Melius Research | Hold | $55.0 | downgraded | Jan 8, 2024 |
mike ng Goldman Sachs | Hold | $53.0 | maintained | Jan 2, 2024 |
ingo wermann DZ BANK AG | Hold | $50.0 | downgraded | Nov 17, 2023 |
alex henderson Needham | Hold | None | maintained | Nov 16, 2023 |
michael genovese Rosenblatt Securities | Hold | $51.0 | maintained | Nov 16, 2023 |
ittai kidron Oppenheimer | Buy | $54.0 | maintained | Nov 16, 2023 |
pierre ferragu New Street | Hold | $48.0 | downgraded | Nov 16, 2023 |
matthew niknam Deutsche Bank | Hold | $54.0 | rated | Nov 16, 2023 |
thomas blakey KeyBanc | Hold | None | reiterated | Nov 16, 2023 |
erik suppiger JMP Securities | Hold | None | maintained | Nov 16, 2023 |
george notter Jefferies | Buy | $55.0 | maintained | Nov 16, 2023 |
simon leopold Raymond James | Hold | None | downgraded | Oct 30, 2023 |
samik chatterjee J.P. Morgan | Buy | $62.0 | maintained | Sep 22, 2023 |
ivan feinseth Tigress Financial | Buy | $76.0 | reiterated | Sep 22, 2023 |
jason ader William Blair | Hold | None | maintained | Sep 21, 2023 |
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization. In addition, it provides Internet for the future product consists of routed optical networking, 5G, silicon, and optics solutions; collaboration products, such as meetings, collaboration devices, calling, contact center, and communication platform as a service; end-to-end security product consists of network security, cloud security, security endpoints, unified threat management, and zero trust; and optimized application experiences products including full stack observability and network assurance. Further, the company offers a range of service and support options for its customers, including technical support and advanced services and advisory services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.
When did it IPO
1990
Staff Count
84,900
Country
United States
Sector/Industry
Technology/Communication Equipment
CEO
Mr. Charles H. Robbins
Market Cap
$196.18B
In 2023, CSCO generated $0 in revenue, which was a increase of 0.00% 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 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
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