Cisco Systems (CSCO) Stock Price, News & Analysis

+0.03 (+0.06%)
(As of 04/24/2024 ET)
Today's Range
50-Day Range
52-Week Range
14.81 million shs
Average Volume
19.42 million shs
Market Capitalization
$195.78 billion
P/E Ratio
Dividend Yield
Price Target

Cisco Systems MarketRank™ Stock Analysis

Analyst Rating
2.19 Rating Score
14.8% Upside
$55.53 Price Target
Short Interest
1.16% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.71mentions of Cisco Systems in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$972,080 Sold Last Quarter
Proj. Earnings Growth

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.78 out of 5 stars

Computer And Technology Sector

50th out of 585 stocks

Computer & Office Equipment Industry

1st out of 12 stocks

CSCO stock logo

About Cisco Systems Stock (NASDAQ:CSCO)

Cisco, formerly known as Cisco Systems, Inc. is a US-based multinational digital communication company headquartered in San Jose, California. The company has its roots in the computer department of Stanford University and was founded by 2 key Stanford employees. The name Cisco is short for San Francisco, the company’s original hometown, the company’s logo is a representation of the twin towers of the Golden Gate Bridge.

Leonard Bosack and Sandy Lerner founded the company to market technology they’d developed while working for the university. Despite some early problems, the 2 were able to work out an agreement with the university that allowed Cisco to grow into one of the world's largest technology companies. The company was ranked 74th on the 2021 Forbes Fortune 100 list and the #1 spot on the Forbes list of Best Places to Work.

Bosack and Lerner pioneered using LANs or local area networking to connect distant computers via a multiprotocol routing system. Local Area Networks is the network used to connect devices in a localized area such as a home, office building, warehouse or university. It is the nexus from which IP connections are made and a central point of operations for business and a means to secure systems. Cisco’s motto is “if it’s connected, it’s protected” which is more relevant today than ever.

Needless to say, Cisco’s business met with early success. The company came to the public market in 1990, 6 years after its founding, with a market capitalization of $224 million. Shortly after, Bosack and Lerner left the company but that was not the end of its success. The market cap will grow to over $500 billion at the peak of the DotCom bubble and stands at roughly half that amount in the wake of the COVID-19 pandemic.

Over the years, the company has had to adapt to a rapidly changing technological environment that required a shift in business as well. While IP-related products are still the core of the business, it has branched out into other areas in response to competition. These include packet switching products, routing, consumer products, and commercial.

Cisco’s growth is also dependent on acquisitions. The company has made over 2 dozen acquisitions, ranging from products and services to enhance core offerings to new technologies and businesses to enhance portfolio stability and shareholder value.

Today, Cisco designs manufactures and markets IP-based networking equipment, products and services related to the communications industry. The primary sub-industries the company is focused on are the Internet of Things, Domain Security, 5G and Video Conferencing. The company's products are sold directly to consumers, wholesalers, and global OEMs. Total revenue in 2021 topped $51.50 billion, with a nearly 23% net income margin.

Cisco is a blue-chip quality technology stock and a dividend-paying stock as well. The company has a track record for dividend increases that numbered 11 consecutive annual increases in 2022, and future increases are expected.

CSCO Stock Price History

CSCO Stock News Headlines

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The semiconductor industry has been on fire thanks to the artificial intelligence (AI) trend. Semiconductor stocks within the computer and technology
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We can isolate the most bullish dates to buy Netflix each and every year… That’s why one former hedge fund manager calls these dates… “Hotspot Dates”
At first glance, this chart looks like nonsense…
We can isolate the most bullish dates to buy Netflix each and every year… That’s why one former hedge fund manager calls these dates… “Hotspot Dates”
Cisco Stock Gets a J.P. Morgan Downgrade.
Cisco Won't Stay This Cheap For Long
Cisco Systems (NASDAQ:CSCO) Upgraded to Buy at Bank of America
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 4/24 Dividend
Dividend Payable
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Computer & office equipment
Communications Equipment
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
21 Analysts


Net Income
$12.61 billion
Pretax Margin


Sales & Book Value

Annual Sales
$57.00 billion
Cash Flow
$3.88 per share
Book Value
$10.88 per share


Outstanding Shares
Free Float
Market Cap
$195.41 billion

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Should I Buy Cisco Systems Stock? CSCO Pros and Cons Explained


Here are some ways that investors could benefit from investing in Cisco:

  • Cisco offers a diverse product portfolio including cutting-edge networking solutions such as the Cisco Unified Computing System and HyperFlex, which are at the forefront of technology innovation in the industry.
  • The company has a strong presence in various global markets, providing stability and potential growth opportunities for investors.
  • Cisco's focus on security solutions is particularly appealing in today's digital landscape where cybersecurity is a top priority for businesses and individuals.
  • Recent financial reports indicate a steady revenue stream and profitability, showcasing Cisco's ability to generate consistent returns for investors.
  • With a competitive dividend yield and a history of returning value to shareholders, Cisco presents an attractive option for income-oriented investors.


Investors should be bearish about investing in Cisco for these reasons:

  • Cisco faces intense competition in the networking and technology sector, which could impact its market share and profitability in the long run.
  • The company's heavy reliance on global economic conditions and geopolitical factors may introduce volatility and risks to its financial performance.
  • Technological disruptions and rapid advancements in the industry could pose challenges for Cisco to stay ahead of the curve and maintain its competitive edge.
  • The stock price of Cisco is subject to market fluctuations and investor sentiment, which can lead to short-term price volatility and uncertainty.
  • Investors should carefully monitor any shifts in industry trends and regulatory changes that could impact Cisco's business operations and growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Cisco Systems pros and cons to

CSCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Cisco Systems stock right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last twelve months. There are currently 2 sell ratings, 13 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CSCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CSCO, but not buy additional shares or sell existing shares.
View CSCO analyst ratings
or view top-rated stocks.

What is Cisco Systems' stock price target for 2024?

21 equities research analysts have issued 12-month price objectives for Cisco Systems' stock. Their CSCO share price targets range from $45.00 to $76.00. On average, they anticipate the company's stock price to reach $55.53 in the next year. This suggests a possible upside of 14.8% from the stock's current price.
View analysts price targets for CSCO
or view top-rated stocks among Wall Street analysts.

How have CSCO shares performed in 2024?

Cisco Systems' stock was trading at $50.52 on January 1st, 2024. Since then, CSCO shares have decreased by 4.3% and is now trading at $48.35.
View the best growth stocks for 2024 here

Are investors shorting Cisco Systems?

Cisco Systems saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 46,710,000 shares, an increase of 5.5% from the March 15th total of 44,280,000 shares. Based on an average daily trading volume, of 19,820,000 shares, the short-interest ratio is currently 2.4 days. Currently, 1.2% of the company's stock are short sold.
View Cisco Systems' Short Interest

When is Cisco Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our CSCO earnings forecast

How can I listen to Cisco Systems' earnings call?

Cisco Systems will be holding an earnings conference call on Wednesday, May 15th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Cisco Systems' earnings last quarter?

Cisco Systems, Inc. (NASDAQ:CSCO) released its earnings results on Wednesday, February, 14th. The network equipment provider reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.03. The network equipment provider had revenue of $12.79 billion for the quarter, compared to analyst estimates of $12.71 billion. Cisco Systems had a net margin of 23.49% and a trailing twelve-month return on equity of 33.01%. The company's revenue was down 5.9% compared to the same quarter last year. During the same period last year, the company posted $0.76 EPS.
Read the conference call transcript

How often does Cisco Systems pay dividends? What is the dividend yield for Cisco Systems?

Cisco Systems announced a quarterly dividend on Wednesday, February 14th. Shareholders of record on Thursday, April 4th will be given a dividend of $0.40 per share on Wednesday, April 24th. This represents a $1.60 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Wednesday, April 3rd. This is a boost from the stock's previous quarterly dividend of $0.39.
Read our dividend analysis for CSCO

Is Cisco Systems a good dividend stock?

Cisco Systems (NASDAQ:CSCO) pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.32%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 48.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSCO will have a dividend payout ratio of 51.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSCO.

What guidance has Cisco Systems issued on next quarter's earnings?

Cisco Systems updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of 3.680-3.740 for the period, compared to the consensus earnings per share estimate of 3.860. The company issued revenue guidance of $51.5 billion-$52.5 billion, compared to the consensus revenue estimate of $54.3 billion.

What other stocks do shareholders of Cisco Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cisco Systems investors own include Intel (INTC), AT&T (T), NVIDIA (NVDA), Pfizer (PFE), Johnson & Johnson (JNJ), Verizon Communications (VZ), Walt Disney (DIS), Micron Technology (MU), QUALCOMM (QCOM) and JPMorgan Chase & Co. (JPM).

Who are Cisco Systems' major shareholders?

Cisco Systems' stock is owned by many different institutional and retail investors. Top institutional investors include Raymond James & Associates (0.33%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Raymond James Financial Services Advisors Inc. (0.17%), Metropolis Capital Ltd (0.10%), Sarasin & Partners LLP (0.09%) and Guinness Asset Management LTD (0.09%). Insiders that own company stock include Charles Robbins, Deborah L Stahlkopf, Geraldine Elliott, Jeffery S Sharritts, Kristina M Johnson, Maria Martinez, Maria Victoria Wong, Mark Garrett, Prat Bhatt, Richard Scott Herren and Roderick C Mcgeary.
View institutional ownership trends

How do I buy shares of Cisco Systems?

Shares of CSCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Cisco Systems have any subsidiaries?
The following companies are subsidiares of Cisco Systems: 2234829 Alberta ULC, 2234842 Alberta ULC, A.M. Briggs, Almacén Fiscal Frionet Caldera S.A., Almacén Fiscal Frionet Limón S.A., Appert's Foodservice, Arnotts Fruit Limited, Asian Foods, Bahamas Food Holdings Limited, Bahamas Food Services Limited, Brake Bros, Brake Bros Foodservice Ireland Limited, Brake Bros. Foodservice Limited, Brake Bros. Holding I Limited, Brake Bros. Ltd., Buchy Food Service, Buckhead Beef Co., Buckhead Meat & Seafood Mid-Atlantic Inc., Buckhead Meat & Seafood of Houston Inc., Buckhead Meat Company, Buckhead Meat Midwest Inc., Buckhead Meat of Dallas Inc., Buckhead Meat of Denver Inc., Buckhead Meat of San Antonio LP, Central Seafood Co., Christys Wine & Spirits Limited, Clafra Aktiebolag, Colorado Boxed Beef Co - Specialty meat-cutting division, Corporacion Frionet Sociedad Anonima, Crossgar Foodservice, Crossgar Foodservice Limited, Crown I Enterprises Inc., Cucina Acquisitions UK Limited, Cucina Finance UK Limited, Cucina French Holdings Limited, Cucina Fresh Finance Limited, Cucina Fresh Investments Limited, Cucina Lux Investments Limited, Curleys Quality Foods Limited Third Party, Davigel Belgilux S.A., Desert Meats & Provisions, Distagro, Doerle Food Service, Doughtie's Foods Inc., Dust Bowl City LLC, Eko Fågel Fisk o mittemellan AB, Enclave Insurance Company, Enclave Parkway Association Inc., Enclave Properties LLC, European Imports, European Imports Inc., Freedman Meats, Fresh Direct Group Limited, Fresh Direct Limited, Fresh Direct UK Limited, Fresh Holdings Limited, FreshPoint, FreshPoint Arizona Inc., FreshPoint Atlanta Inc., FreshPoint California Inc., FreshPoint Central California Inc., FreshPoint Central Florida Inc., FreshPoint Connecticut LLC, FreshPoint Dallas Inc., FreshPoint Denver Inc., FreshPoint Hawaii LLC, FreshPoint Inc., FreshPoint North Carolina Inc., FreshPoint Oklahoma City LLC, FreshPoint Pompano Real Estate LLC, FreshPoint Puerto Rico LLC, FreshPoint San Francisco Inc., FreshPoint South Florida Inc., FreshPoint South Texas Inc., FreshPoint Southern California Inc., FreshPoint Tomato LLC, FreshPoint Vancouver Ltd., Freshfayre Limited, Fruktservice i Helsingborg AB, GHS Classic Drinks Limited, Gilchrist & Soames Inc., Gilchrist & Soames UK Limited, Greco and Sons, Guest Packaging LLC, Guest Supply, Guest Supply Asia Limited, Guest Supply Singapore Private Ltd., International Food Group, J & M Wholesale Meats, J. Kings Food Service Professionals, Kent Frozen Foods, Les Ateliers Du Gout, Liquid Assets Limited, M&J Seafood Holdings Limited, M&J Seafood Limited, Manchester Mills LLC, Mayca Autoservicio S.A., Mayca Distribuidores S.A., Menigo Foodservice AB, Mitshim Etatu Supply LP, Newport Meat, Newport Meat Northern California Inc., Newport Meat Pacific Northwest Inc., Newport Meat Southern California Inc., Newport Meat of Nevada Inc., North Star Seafood, North Star Seafood LLC, PFS de Mexico S.A. de C.V., Palisades Ranch Inc., Pallas Foods, Pallas Foods Farm Fresh Unlimited Company, Pauleys Produce Limited, Promotora del Servicios S.A. de C.V., Restaurangakdemien AB, Rohan Viandes Elaboration SAS, SMS Bermuda Holdings, SMS GPC International Limited, SMS GPC International Resources Limited, SMS Global Holdings S.á.r.l., SMS International Resources Ireland Unlimited Company, SMS Lux Holdings LLC, SOTF LLC, SYY Netherlands C.V., SYY Panama S. de R.L., Serca Foodservice, Servicestyckarna I Johannes AB, Servicios Ameriserve S.A. de C.V., Shenzhen Guest Supply Trading Co. Limited, Societe Civile Immobiliere SCI Bianchi Montegut, Societe Civile Immobiliere SCI De Boiseau, Societe Civile Immobiliere SCI De Garcelles, Societe Civile Immobiliere SCI J.D. Lanjouan, Societe Civile Immobiliere SCI Le Dauphin, Stockflag Limited, Stockholms Fiskauktion AB, Supplies on the Fly, Sysco Albany LLC, Sysco Asian Foods Inc., Sysco Atlanta LLC, Sysco Autoservicio S.A., Sysco Baltimore LLC, Sysco Baraboo LLC, Sysco Bermuda Partners L.P., Sysco Boston LLC, Sysco Canada Financial Services LP, Sysco Canada Holdings S.á.r.l., Sysco Canada Inc., Sysco Central Alabama LLC, Sysco Central California Inc., Sysco Central Florida Inc., Sysco Central Illinois Inc., Sysco Central Pennsylvania LLC, Sysco Charlotte LLC, Sysco Chicago Inc., Sysco Cincinnati LLC, Sysco Cleveland Inc., Sysco Columbia LLC, Sysco Connecticut LLC, Sysco Corporation, Sysco Corporation Director's Deferred Compensation Plan Trust, Sysco Corporation Employee's 401k Plan Trust, Sysco Corporation Executive Deferred Compensation Plan Trust, Sysco Corporation Good Government Committee Inc., Sysco Corporation Retirement Trust, Sysco Corporation Supplemental Executive Retirement Trust, Sysco Corporation Supplemental Unemployment Benefits Plan Trust, Sysco Detroit LLC, Sysco Disaster Relief Foundation Inc., Sysco EI VI S.á.r.l., Sysco EU II S.á.r.l., Sysco EU III S.á.r.l., Sysco EU IV Capital Unlimited Company, Sysco EU IV S.á.r.l.., Sysco EU V S.á.r.l., Sysco East Coast Holdings LLC, Sysco Eastern Maryland LLC, Sysco Eastern Wisconsin LLC, Sysco Foods Ireland Unlimited Company, Sysco Foods NI Limited, Sysco Foundation Inc., Sysco France Holding SAS, Sysco France SAS, Sysco George Town II LLC, Sysco George Town Limited S.á.r.l.., Sysco Global Finance LLC, Sysco Global Finance LLP, Sysco Global Holdings B.V., Sysco Grand Cayman Company, Sysco Grand Cayman II Company, Sysco Grand Cayman III Company, Sysco Grand Rapids LLC, Sysco Guernsey Limited, Sysco Guest Supply Canada Inc., Sysco Guest Supply Europe Goods Wholesalers LLC, Sysco Guest Supply Europe Limited, Sysco Guest Supply LLC, Sysco Gulf Coast LLC, Sysco Hampton Roads Inc., Sysco Hawaii Inc., Sysco Holdings II LLC, Sysco Holdings LLC, Sysco Indianapolis LLC, Sysco International Food Group Inc., Sysco International Inc., Sysco Iowa Inc., Sysco Jackson LLC, Sysco Jacksonville Inc., Sysco Kansas City Inc., Sysco Knoxville LLC, Sysco Labs Europe Limited, Sysco Labs Technologies Private Limited, Sysco Leasing LLC, Sysco Lincoln Inc., Sysco Lincoln Transportation Company Inc., Sysco Long Island LLC, Sysco Los Angeles Inc., Sysco Louisville Inc., Sysco Memphis LLC, Sysco Merchandising and Supply Chain Services Canada Inc., Sysco Merchandising and Supply Chain Services Inc., Sysco Metro New York LLC, Sysco Minnesota Inc., Sysco Montana Inc., Sysco Nashville LLC, Sysco Netherlands Partners LLC, Sysco North Dakota Inc., Sysco Northern New England Inc., Sysco Offshore Private Limited, Sysco Philadelphia LLC, Sysco Pittsburgh LLC, Sysco Portland Inc., Sysco Raleigh LLC, Sysco Resources Services LLC, Sysco Riverside Inc., Sysco Sacramento Inc., Sysco San Diego Inc., Sysco San Francisco Inc., Sysco Seattle Inc., Sysco South Florida Inc., Sysco Southeast Florida LLC, Sysco Spain Holdings SLU, Sysco Spokane Inc., Sysco St. Louis LLC, Sysco Syracuse LLC, Sysco Technologies Cayman Ltd., Sysco Technologies LLC, Sysco UK Holdings Limited, Sysco UK Limited, Sysco UK Partners LLP, Sysco USA I Inc., Sysco USA II LLC, Sysco USA III LLC, Sysco Ventura Inc., Sysco Virginia LLC, Sysco West Coast Florida Inc., Sysco Western Minnesota Inc., The SYGMA Network Inc., Upsys, Victua SAS, Walker Foods Inc., Waugh Foods, and Wild Harvest Limited.
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This page (NASDAQ:CSCO) was last updated on 4/25/2024 by Staff

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