Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley. Cisco develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Through its numerous acquired subsidiaries, such as OpenDNS, Webex, Jabber and Jasper, Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security and energy management. On January 25, 2021, Cisco reincorporated in Delaware.
| Revenue (TTM) | $60.75B |
| Gross Profit (TTM) | $39.06B |
| EBITDA | $17.01B |
| Operating Margin | 25.00% |
| Return on Equity | 25.20% |
| Return on Assets | 7.34% |
| Revenue/Share (TTM) | $15.36 |
| Book Value | $12.40 |
| Price-to-Book | 9.09 |
| Price-to-Sales (TTM) | 7.39 |
| EV/Revenue | 7.55 |
| EV/EBITDA | 25.38 |
| Quarterly Earnings Growth (YoY) | 37.10% |
| Quarterly Revenue Growth (YoY) | 12.00% |
| Shares Outstanding | $3.94B |
| Float | $3.94B |
| % Insiders | 0.05% |
| % Institutions | 82.77% |
Volatility is currently contracting
Recently, Zacks.com users have been paying close attention to Cisco (CSCO). This makes it worthwhile to examine what the stock has in store.
CSCO's networking business is gaining momentum as AI infrastructure demand, campus refresh projects and hyperscaler deployments fuel a broader growth cycle.
Here is how Cisco Systems (CSCO) and Arteris, Inc. (AIP) have performed compared to their sector so far this year.
Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) has quietly become one of the most compelling AI infrastructure plays in the market, even as retail chatter has turned sour.
Dow posted its best first-half gain since 2021. CSCO, CAT, V, KO and AMZN are five blue-chip stocks highlighted for potential second-half momentum.
Cisco (CSCO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
The semiconductor market has seen immense growth over the past year, and that momentum continues with Micron Technology (MU) blowing analyst expectations out of the water. Expect ETFs offering pure play exposure to the memory semiconductor industry to benefit in at least the near-term future.
At $121.15, Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) is a hold.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
The Supreme Court ruled 6-3 to dismiss a lawsuit accusing Cisco Systems of aiding China's persecution of Falun Gong members under the Alien Tort Statute.
