Cisco Systems, Inc. (CSCO)
| Market Cap | 196.05B |
| Revenue (ttm) | 57.23B |
| Net Income (ttm) | 13.44B |
| Shares Out | 4.05B |
| EPS (ttm) | 3.28 |
| PE Ratio | 14.74 |
| Forward PE | 13.77 |
| Dividend | $1.60 (3.31%) |
| Ex-Dividend Date | Apr 3, 2024 |
| Volume | 39,452,900 |
| Open | 50.08 |
| Previous Close | 49.67 |
| Day's Range | 48.17 - 50.11 |
| 52-Week Range | 45.70 - 58.19 |
| Beta | 0.86 |
| Analysts | Buy |
| Price Target | 56.36 (+16.59%) |
| Earnings Date | May 15, 2024 |
About CSCO
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 networ... [Read more]
Financial Performance
In 2023, Cisco Systems's revenue was $57.00 billion, an increase of 10.55% compared to the previous year's $51.56 billion. Earnings were $12.61 billion, an increase of 6.78%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for CSCO stock is "Buy." The 12-month stock price forecast is $56.36, which is an increase of 16.59% from the latest price.
News
Cisco to Participate in J.P. Morgan Conference
SAN JOSE, Calif. , May 16, 2024 /PRNewswire/ -- Cisco today announced that it will participate in the following event with the financial community.
Cisco Stock Struggles Despite Earnings Beat, Strong Outlook
Cisco stock is lower Thursday even after the tech giant's beat-and-raise quarter. Here's what you need to know.
Committee Stocks on the Move: Cisco, Deere, Target, Palo Alto and IBM
The Investment Committee discusses some of their stocks that are on the move.
Morning Minute: Thursday, May 16
Cisco (CSCO) earnings come in strong, Chubb (CB) gets an investment from Warren Buffett and Walmart (WMT) is ready to hit new all-time highs. Get ready for today's trading with the latest Morning Minu...
Cisco rises as networking equipment demand rebound takes root
Cisco Systems shares rose about 4% before the bell on Thursday after an upbeat fourth-quarter forecast signaled further stabilization in networking equipment demand and benefits from its $28 billion d...
Cisco, Dell, Microsoft, Amazon, and Other Tech Stocks in Focus Today
Futures for the tech-heavy Nasdaq were up 0.1% before the market opened.
Cisco stock jumps after posting better-than-expected Q3 results
CNBC's 'Squawk Box' team discusses Cisco.
Cisco climbs after hours following revenue and earnings beat
CNBC's Kristina Partsinevelos joins 'Fast Money' with the latest from the Cisco earnings call.
Cisco Stock Jumps on Revenue Beat and Raised Guidance
Cisco Systems (CSCO) shares surged over 4% in extended trading Wednesday after the company reported third-quarter revenue exceeding analysts' expectations and raised its full-year guidance.
Cisco beat earnings, but when will it start to 'augment' growth?
Cisco Systems (CSCO) topped its fiscal third-quarter earnings estimates — adjusted earnings of $0.88 per share and revenue of $12.7 billion — while also raising its full-year forecast. Morningstar Equ...
Cisco (CSCO) Stock Up After Earnings
Cisco Systems' (CSCO) 3Q adjusted EPS came in at $0.88 versus an estimated $0.83 and revenue came in at $12.70B versus an estimated $12.49B. Caroline Woods and Scott Durfey discuss these earnings.
Earnings Exchange: Cisco, Walmart, and Under Armour
Delano Saporu, New Street Advisors founder and CEO, joins CNBC's 'The Exchange' to discuss trades on Cisco, Walmart, and Under Armour.
Cisco's stock rises as demand stabilizes and revenue outlook impresses
Cisco Systems Inc. shares were gaining in Wednesday's extended session after the networking and software company said demand was stabilizing and issued an upbeat revenue outlook for the ongoing quarte...
Cisco issues upbeat guidance despite 13% hit to revenue in Q3
Cisco Systems Inc (NASDAQ: CSCO) is pushing to the upside in extended hours on Wednesday after reporting market-beating financial results for its third quarter. This is a developing story.
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.
Cisco forecasts fourth-quarter revenue above estimates
Cisco Systems forecast fourth-quarter revenue above Wall Street estimates on Wednesday as the network equipment maker benefits from a pick up in enterprise spending and easing supply chain constraints...
CISCO REPORTS THIRD QUARTER EARNINGS
$12.7 billion in revenue, down 13% year over year, in line with expectations and reflects our customers' continued implementation of products on-hand.
Bullish on CSCO, AMD, AMZN
Cisco Systems (CSCO), AMD (AMD), and Amazon (AMZN) are today's big three stocks. Joe Tigay and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.
Retail Earnings And Latest Inflation Data From The CPI
Earnings On Pace For Strong Growth. Home Depot And Walmart Reporting This Week. PPI And CPI This Week.
NightDragon, Cisco, WWT Partner with NPower to Drive Talent Diversity in Cyber Industry
Organizations are committed to raising awareness for closing the talent gap and increasing diversity within the cybersecurity industry SAN FRANCISCO , May 8, 2024 /PRNewswire/ -- As the talent gap con...
Cisco Unlocks AI-Powered Intelligence for Self-Hosted Observability
New AI-Driven Capabilities Automate Anomaly Detection, Accelerate Root Cause Analysis and Secure Business-Critical Applications News Summary: Employs AI in self-hosted observability deployments to a...
Cisco Schedules Conference Call for Q3 Fiscal Year 2024 Financial Results
SAN JOSE, Calif. , May 8, 2024 /PRNewswire/ -- Cisco has scheduled a conference call for Wednesday, May 15, 2024, at 1:30 PM (PT); 4:30 PM (ET) to announce its third quarter fiscal year 2024 financial...
altafiber Business Announces Business Calling Solution With Webex by Cisco
CINCINNATI--(BUSINESS WIRE)--altafiber Business today introduced Business Calling with Webex, a secure, all-in-one solution for calling, messaging and meetings. Business Calling simplifies communicati...
Cisco is Delivering on Platform Strategy with Rapid Innovation Across Cisco Security Cloud
Building on the momentum of Cisco Hypershield and the acquisition of Splunk, Cisco is reimagining security at AI-scale News Summary: Cisco and Splunk are helping customers accelerate their journey tow...
Dasera Announces Integrations with Cisco, Cohesity, & Intuitive Cloud To Extend Data Security Posture Management (DSPM) Offering
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Dasera, a leader in data security posture management (DSPM), today announced strategic integrations with Cisco, Cohesity, and Intuitive Cloud, which offers the ...