Cisco (CSCO) PT Raised to $71 at Citi

Go back to Cisco (CSCO) PT Raised to $71 at Citi

Rosenblatt Upgrades Cisco (CSCO) to Buy

February 13, 2025 6:48 AM EST

Rosenblatt analyst Mike Genovese upgraded Cisco (NASDAQ: CSCO) from Neutral to Buy with a price target of $80.00.

The analyst comments "We have been arguing that Extreme (EXTR, Buy) and Juniper (JNPR, Neutral) deserve multiple expansion, from 15x/16x forward PE to 20x or greater, due to growth in software subscriptions/ARR/RPOs, and as AI becomes a larger driver of total business. We are upgrading Cisco to Buy... More

Cisco (CSCO) PT Raised to $61 at Barclays

February 13, 2025 1:53 AM EST

Barclays analyst Tim Long raised the price target on Cisco (NASDAQ: CSCO) to $61.00 (from $56.00) while maintaining a Equalweight rating.

The analyst comments: "CSCO's 2Q25 revenue came in just above our estimate (1% above) and at the top end of the guidance range. EPS beat while GM and OM of 68.7% and 34.7% respectively came in... More

Cisco (CSCO) PT Raised to $73 at JPMorgan

February 13, 2025 12:01 AM EST

JPMorgan analyst Samik Chatterjee raised the price target on Cisco (NASDAQ: CSCO) to $73.00 (from $69.00) while maintaining a Overweight rating.

The analyst comments: "Ciscos F2Q25 (Jan-end) results ticked many of the boxes, including: 1) Reinforcing the improvement in the demand cycle with revenue and order trends from all customer verticals improving on an... More

Cisco (CSCO) executive Gary Steele to depart for CEO role

February 12, 2025 5:05 PM EST

Cisco Systems, Inc. (NASDAQ: CSCO) announced on Monday that Gary Steele, the companys President of Go-to-Market, will resign effective April 25, 2025, to pursue a CEO position elsewhere.

Steele has been part of Cisco's leadership during a period of strategic shifts in the company's approach... More

Cisco lifts FY guidance after Q2 results beat expectations

February 12, 2025 4:53 PM EST

Investing.com -- Cisco (NASDAQ: CSCO) on Wednesday lifted its full-year outlook after reporting fiscal second-quarter results that topped Wall Street analysts amid rising AI-related demand.

For the three months ended Jan. 25, Cisco reported Q2 adjusted eps of $0.94 on revenue of $13.99... More

After-hours movers: Cisco, Reddit, The Trade Desk, Robinhood and more

February 12, 2025 4:51 PM EST

After-hours movers:

Cisco Systems (NASDAQ: CSCO) rose 6.2% after delivering strong quarterly results and guidance. Product orders up 29% year over year; up 11% excluding Splunk.

Reddit (NYSE: RDDT) fell 15% after guidance misses estimates. Daily Active Uniques... More

Cisco raises annual revenue forecast as AI boom boosts networking gear demand

February 12, 2025 4:10 PM EST

By Juby Babu

(Reuters) -Cisco Systems raised its annual revenue forecast on Wednesday, betting on higher demand for its cloud networking gear amid an artificial intelligence boom, sending its shares up nearly 7% in extended trading.

Corporate customers have been investing heavily to build their AI infrastructure, boosting demand for data centers, which use Cisco's products such as ethernet switches and routers.

"Cisco's solid forecast should lift its share price and be a boost in the arm for AI... More

Cisco Systems (CSCO) Raises Quarterly Dividend 2.5% to $0.41; Approves $15B Buyback

February 12, 2025 4:08 PM EST

Cisco Systems (NASDAQ: CSCO) declared a quarterly dividend of $0.41 per share, or $1.64 annualized. This is a 2.5% increase from the prior dividend of $0.40.

The dividend will be payable on April 23, 2025, to stockholders of record on April 3, 2025, with an ex-dividend date of April 2,... More

Cisco Systems (CSCO) Tops Q2 EPS by 3c, Offers Guidance

February 12, 2025 4:06 PM EST

Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.94, $0.03 better than the analyst estimate of $0.91. Revenue for the quarter came in at $14 billion versus the consensus estimate of $13.87 billion.

GUIDANCE:

Cisco Systems sees Q3 2025 EPS of $0.90-$0.92, versus the consensus of... More

Cisco Systems (CSCO) call put ratio 1 call to 1.3 puts into quarter results

February 12, 2025 10:33 AM EST

Cisco Systems (NASDAQ: CSCO) February 14 weekly call option implied volatility is at 85, February is at 45; compared to its 52-week range of 15 to 43 into the expected release of quarter results on February 12. Call put ratio 1 call to 1.3 puts.

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Cisco Systems (CSCO) call put ratio 2.2 calls to 1 put into quarter results

February 11, 2025 10:37 AM EST

Cisco Systems (NASDAQ: CSCO) February 14 weekly call option implied volatility is at 74, February is at 55; compared to its 52-week range of 15 to 43 into the expected release of quarter results on February 12. Call put ratio 2.2 calls to 1 put.

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Cisco Systems (CSCO) call put ratio 2.3 calls to 1 put into quarter results

February 11, 2025 4:49 AM EST

Cisco Systems (NASDAQ: CSCO) February 14 weekly 63 straddle priced for movement of 5.5% into the expected release of quarter results on February 12. Call put ratio 2.3 calls to 1 put.

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