Cisco Systems, Inc. (CSCO)
2 Old-School Tech Giants Winning in the AI Market
IBM's enterprise AI platform, paired with its consulting business, is winning over larger customers. Cisco is making progress selling its AI networking technology to hyperscalers.
Cisco employees face a month of silence ahead of second layoff in 2024
After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month.
Cisco Systems Is Showing Strong Signs Of A Recovery
Cisco Systems reported a strong end to FY24 with sequential growth in networking equipment sales as customer inventory digestion occurs. Management laid out the groundwork for the next generation of Cisco as the firm undergoes a major restructuring to enhance their AI networking capabilities. Despite a dimming macroeconomic environment, Cisco is well-positioned for growth as enterprises invest in faster bandwidth capabilities for AI/ML testing and inferencing.
Cisco (CSCO) Reliance on International Sales: What Investors Need to Know
Evaluate Cisco's (CSCO) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Cisco Systems, Inc. (CSCO) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Cisco (CSCO). This makes it worthwhile to examine what the stock has in store.
The Worst May Be Over for Cisco After Beating Estimates in Q4
Cisco Systems NASDAQ: CSCO is a U.S. technology firm and is the world's largest company in the communications equipment industry. Shares have seen significant underperformance compared to its sector, down 4%.
Can Cisco Stock Rebound To $60?
Cisco stock currently trades at $48.50 per share, roughly 17% below its pre-inflation shock high of $58.70 seen on December 29, 2021. Cisco's product sales have witnessed a slowdown as customers focused on utilizing the inventory purchased post the Covid-19 pandemic.
This Cisco Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Cisco Systems AI Play Gains Traction: Analysts Lead Stock Higher
Cisco Systems NASDAQ: CSCO Q4 results and guidance prove that its AI play was smart. Once a networking giant and now a networking and AI-powered data management platform, the company outperformed its guidance and analysts estimates, raised guidance, and the guidance is likely cautious.
Cisco Q4: Major Job Cuts With More Focus On AI, Cloud And Security (Rating Upgrade)
Cisco announced job cuts and a strategic shift towards AI and cybersecurity, aiming for $1 billion in pre-tax savings. Product orders grew 14% year-over-year, indicating recovery from inventory destocking issues. Revenue guidance for FY25 suggests 4.1% growth; DCF analysis values Cisco stock at $55 per share, with downside risks including Splunk integration and limited revenue from growth areas.
'Cisco Likely Represents A Safe Place To Park Money If Concerned About A Recession, But Not A Great Place If You Are Expecting Interest Rate Cuts': Analyst
Cisco Systems, Inc CSCO stock gained in Wednesday after-hours trading after the company reported upbeat fourth-quarter earnings. The stock price maintained the upward trajectory on Thursday.
Cisco gets back on track — and it could spur the stock's best day in 4 years
While Cisco shares CSCO have pared their morning gains, they're still up 6.9% in afternoon action — which would make for their best single-day percentage increase since Nov. 13, 2020, when they rose 7.1%.
