NASDAQ:CSCOCisco Systems Stock Price, Forecast & News

Cisco Systems' stock was trading at $37.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CSCO stock has increased by 25.2% and is now trading at $46.40. View which stocks have been most impacted by Coronavirus.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last year. There are currently 14 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cisco Systems.

Cisco Systems is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. View our earnings forecast for Cisco Systems.

Cisco Systems will be holding an earnings conference call on Wednesday, August 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cisco Systems, Inc. (NASDAQ:CSCO) posted its quarterly earnings data on Wednesday, May, 13th. The network equipment provider reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.10. The network equipment provider earned $11.98 billion during the quarter, compared to analysts' expectations of $11.87 billion. Cisco Systems had a return on equity of 36.47% and a net margin of 21.32%. During the same quarter last year, the business earned $0.78 EPS. View Cisco Systems' earnings history.

Cisco Systems declared a quarterly dividend on Wednesday, June 10th. Shareholders of record on Monday, July 6th will be given a dividend of $0.36 per share on Wednesday, July 22nd. This represents a $1.44 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend is Thursday, July 2nd. View Cisco Systems' dividend history.

Cisco Systems declared that its Board of Directors has authorized a stock buyback plan on Wednesday, February 13th 2019, which permits the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

Cisco Systems issued an update on its fourth quarter 2020 After-Hours earnings guidance on Wednesday, May, 13th. The company provided earnings per share (EPS) guidance of 0.72-0.74 for the period, compared to the Thomson Reuters consensus estimate of $0.71. The company issued revenue guidance of $11.884-12.287 billion, compared to the consensus revenue estimate of $12.07 billion.

27 analysts have issued 1 year target prices for Cisco Systems' shares. Their forecasts range from $41.00 to $61.00. On average, they anticipate Cisco Systems' stock price to reach $50.18 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price. View analysts' price targets for Cisco Systems.

News articles about CSCO stock have trended positive on Thursday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cisco Systems earned a coverage optimism score of 2.1 on InfoTrie's scale. They also gave news headlines about the network equipment provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about Cisco Systems.

Some companies that are related to Cisco Systems include QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), Calix (CALX), NetGear (NTGR), Plantronics (PLT), Ribbon Communications (RBBN) and ADTRAN (ADTN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cisco Systems investors own include Intel (INTC), AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), Pfizer (PFE), Verizon Communications (VZ), Johnson & Johnson (JNJ), Alibaba Group (BABA), Micron Technology (MU) and Bank of America (BAC).

Cisco Systems trades on the NASDAQ under the ticker symbol "CSCO."

Cisco Systems' stock is owned by many different retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.13%), Gateway Investment Advisers LLC (0.04%), DNB Asset Management AS (0.04%), Factory Mutual Insurance Co. (0.03%), Hexavest Inc. (0.03%) and Manning & Napier Group LLC (0.03%). Company insiders that own Cisco Systems stock include Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, M Michele Burns, Maria Martinez, Mark D Chandler, Prat Bhatt, Roderick C Mcgeary, Steven M West and Wesley G Bush. View institutional ownership trends for Cisco Systems.

CSCO stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Metropolis Capital Ltd, DNB Asset Management AS, Park National Corp OH, HNP Capital LLC, Grassi Investment Management, Dalton Greiner Hartman Maher & Co., and Gateway Investment Advisers LLC. Company insiders that have sold Cisco Systems company stock in the last year include Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, Maria Martinez, Mark D Chandler, and Prat Bhatt. View insider buying and selling activity for Cisco Systems.

CSCO stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Confluence Investment Management LLC, Campbell Capital Management Inc., Factory Mutual Insurance Co., Canandaigua National Corp, Renaissance Investment Group LLC, State of Alaska Department of Revenue, and Forte Capital LLC ADV. View insider buying and selling activity for Cisco Systems.

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

One share of CSCO stock can currently be purchased for approximately $46.40.

Cisco Systems has a market capitalization of $195.91 billion and generates $51.90 billion in revenue each year. The network equipment provider earns $11.62 billion in net income (profit) each year or $2.85 on an earnings per share basis. Cisco Systems employs 75,900 workers across the globe.

The official website for Cisco Systems is www.cisco.com.

Cisco Systems' mailing address is 170 WEST TASMAN DRIVE, SAN JOSE CA, 95134. The network equipment provider can be reached via phone at 408-526-4000 or via email at [email protected]