Evercore ISI Positive on Cisco (CSCO)

Argus Reiterates Buy Rating on Cisco (CSCO)

Argus analyst Jim Kelleher reiterated a Buy rating and $70.00 price target on Cisco (NASDAQ: CSCO).

The analyst comments "BUY-rated Cisco Systems Inc. (NGS: CSCO) fell 2% in a positive market on 5/16/24 after the company reported fiscal 3Q24 revenue and non-GAAP EPS that edged past consensus... More

Cisco (CSCO) PT Raised to $57 at Wells Fargo

Wells Fargo analyst Aaron Rakers raised the price target on Cisco (NASDAQ: CSCO) to $57.00 (from $52.00) while maintaining a Equal Weight rating.

The analyst comments "Although we maintain a positive long-term view on Cisco's subscription model execution and incremental webscale traction, several... More

After-hours movers: Cisco Systems and Chubb rise, and more

After-Hours Stock Movers:

Cisco Systems (NASDAQ: CSCO) rose 4.9% after it published results for its third quarter, along with guidance. Revenue and revenue guidance beat estimates, with notable strength in security revenue.

Chubb Corp. (NYSE: CB) roses... More

Cisco lifts annual revenue guidance after Q3 results top estimates

Investing.com -- Cisco on Wednesday upgraded its annual revenue forecast after reporting better-than-expected fiscal third-quarter results as firmer margins helped offset a dip in revenue.

Cisco Systems Inc (NASDAQ: CSCO) was up 5% in afterhours trading following the report.

For the three... More

Cisco forecasts fourth-quarter revenue above estimates on enterprise demand

(Reuters) -Cisco Systems forecast fourth-quarter revenue above analysts' low expectations on Wednesday as the network equipment maker benefits from a pick up in enterprise spending and easing supply chain constraints.

The company has been trying to reduce its reliance on its massive networking equipment business, which has suffered in recent years from supply chain issues and a post-pandemic slowdown in demand.

In recent quarters, Cisco has benefited... More

Cisco Systems (CSCO) Tops Q3 EPS by 5c, Offers Guidance

Cisco Systems (NASDAQ: CSCO) reported Q3 EPS of $0.88, $0.05 better than the analyst estimate of $0.83. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.48 billion.

GUIDANCE:

Cisco Systems sees Q4 2024 EPS of $0.84-$0.86, versus the consensus of... More

Cisco Systems (CSCO) May 49 straddle into quarter results

Cisco Systems (NASDAQ: CSCO) May 49 straddle priced for a move of 5.5% into the expected release of quarter results today after the bell.

US CPI, Cisco earnings, meme stocks - what's moving markets

Investing.com -- Wall Street futures traded largely unchanged ahead of the release of the key monthly consumer price report, which could guide future Federal Reserve thinking. Cisco (NASDAQ: CSCO)'s results are due after the close, while the meme stock rally continued apace. 

The release of the crucial monthly U.S. consumer price report is the main event Wednesday, as its likely to influence the Federal Reserve's near-term policy path.

Stocks expected to have increasing option volume: CSCO WMT AMAT DE JD BIDU TTWO

Stocks expected to have increasing option volume: CSCO WMT AMAT DE JD BIDU TTWO

Cisco earnings preview: JPMorgan highlights 3 key themes to watch in Q3 print

Cisco Systems (NASDAQ: CSCO) is set to report its fiscal Q3 2024 earnings on Wednesday, May 15.

Wall Street analysts are expecting digital communications technology company to post earnings per share (EPS) of $0.82, up from $0.79 per share in the same period last year.

Meanwhile, analysts forecast a 13.98% decline in sales for CSCO, compared to the previous years quarter, expecting revenues to come in at $12.53 billion.

In their own preview of Ciscos Q3 print, analysts at JPMorgan said they expect the focus of the report will primarily be on three... More