Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. It provides infrastructure platforms, including networking technologies of switching, routing, wireless, and data center products that are designed to work together to deliver networking capabilities, and transport and/or store data. The company also offers collaboration products comprising unified communications, Cisco TelePresence, and conferencing, as well as the Internet of Things and analytics software. In addition, it provides security products, such as network security, cloud and email security, identity and access management, advanced threat protection, and unified threat management products; and cloud and system management products. Further, the company offers a range of service and support options for its customers, including technical support and advanced services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with Internet2 to deliver next-generation capabilities and software solutions; and Tele2 Iot on connectivity management platform 2CONTROL. Cisco Systems, Inc. was founded in 1984 and is headquartered in San Jose, California.
IPO Year: 1990
Exchange: NASDAQ
Website: cisco.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/9/2025 | Neutral → Buy | Cleveland Research | |
| 2/18/2025 | Hold → Buy | DZ Bank | |
| 2/13/2025 | $66.00 → $80.00 | Neutral → Buy | Rosenblatt |
| 1/28/2025 | $72.00 | Neutral → Outperform | Exane BNP Paribas |
| 1/17/2025 | $64.00 → $68.00 | Buy | Citigroup |
| 1/6/2025 | $66.00 → $73.00 | Hold → Buy | Melius |
| 11/11/2024 | $66.00 | Neutral → Overweight | JP Morgan |
| 10/16/2024 | $52.00 → $62.00 | Neutral → Buy | Citigroup |
| 8/16/2024 | $46.00 → $58.00 | Hold → Buy | HSBC Securities |
| 8/15/2024 | Neutral → Buy | New Street |
Cisco to work with BlackRock, Global Infrastructure Partners, MGX, Microsoft, NVIDIA and xAI to accelerate innovation and scaling of AI data centers SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco today announced that it will collaborate with the AI Infrastructure Partnership (AIP), which is led by BlackRock, Global Infrastructure Partners (GIP), MGX, Microsoft, NVIDIA and xAI. Cisco's addition as a technology partner to AIP, alongside previously announced energy collaborations with GE Vernova and NextEra Energy, further strengthens the AIP platform as it seeks to invest in secure, efficient and scalable infrastructure to support AI workloads.
Cisco to Join HUMAIN's Initiative to Build the Kingdom's Future AI Infrastructure News Summary: Cisco to partner with Saudi Arabia's new HUMAIN AI enterprise to power AI infrastructure and ecosystem growth.New investments in research, talent and digital skills aim to accelerate the Kingdom's AI journey.The partnership supports Vision 2030 by advancing Saudi Arabia's transformation into a leading, diversified digital economy.RIYADH, Saudi Arabia, May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a groundbreaking initiative with HUMAIN – Saudi Arabia's new AI enterprise – to help build the world's most open, scalable, resilient and cost-efficien
News Summary: Cisco to join HUMAIN's alliance to build Saudi Arabia's future AI Infrastructure.Cisco and G42 extend their strategic partnership to drive AI innovation across the United Arab Emirates (UAE) and the United States.Cisco to collaborate with AIP (AI Infrastructure Partnership) to drive investment in data centers and AI infrastructure in the United States and globally.SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a series of strategic initiatives across all phases of the AI revolution in the United States and in the Middle East region. These new initiatives place Cisco at the center of the AI revolution in the Gu
The MoU builds on G42's growing ecosystem as it accelerates its efforts to scale AI infrastructure and innovation ABU DHABI, UAE, May 13, 2025 /PRNewswire/ -- G42, the UAE-based global technology group, today announced the signing of a Memorandum of Understanding (MoU) with Cisco, the global leader in networking and security, laying the groundwork for a strategic collaboration aimed at advancing artificial intelligence (AI) innovation and infrastructure development across public and private sectors. The agreement was presented to His Highness Sheikh Khaled bin Mohamed bin Zay
News Summary: Cisco appoints Kevin Weil to its board of directors effective May 12, 2025Weil's significant expertise in AI, technology innovation and product leadership will bring valuable perspective to Cisco's boardWeil currently serves as the Chief Product Officer at OpenAI SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO) today announced the appointment of Kevin Weil to its board of directors effective May 12, 2025. "Kevin has an exceptional track record of scaling products to deliver meaningful business value for customers," said Chuck Robbins, chair and
News Summary: AI is fueling a new cybersecurity arms race: 80 per cent of Canadian organizations experienced AI-related incidents last year.Readiness remains low: Just three per cent of organizations report having a mature level of readiness.Blind spots persist: Only 41 per cent of organizations have staff with a strong understanding of AI risks — and many key cybersecurity roles remain unfilled.TORONTO, May 8, 2025 /CNW/ - Only three per cent of Canadian organizations are fully prepared to defend against today's cybersecurity threats, according to Cisco's (NASDAQ:CSCO) 2025 Cybersecurity Readiness Index. While this marks a slight improvement from last year (1%), readiness remains alarmingl
News Summary: Cybersecurity readiness remains alarmingly low as only 4% of organizations worldwide have achieved a mature level of readiness.Organizations continue to struggle with the complexities introduced by AI, with 86% having experienced AI-related security incidents in the last year.The ongoing shortage of skilled cybersecurity professionals remains a challenge for 86% of organizations.SAN JOSE, Calif., May 7, 2025 /PRNewswire/ -- According to Cisco's (NASDAQ:CSCO) 2025 Cybersecurity Readiness Index, only 4% of organizations worldwide have achieved the 'Mature' level of readiness required to effectively withstand today's cybersecurity threats. This is a slight increase from last yea
SAN JOSE, Calif., May 1, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO) has scheduled a conference call for Wednesday, May 14, 2025, at 1:30 PM (PT); 4:30 PM (ET) to announce its third quarter fiscal year 2025 financial results for the period ending Saturday, April 26, 2025. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, May 14, 2025. Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com. Date: Wednesday, May 14, 2025 Time:
In the news release, Cisco Continues to Drive Innovation to Reimagine Security for the AI Era, issued 28-Apr-2025 by Cisco Systems, Inc. over PR Newswire, we are advised by the company that the Press Release link under "Additional Resources" is incorrect. The correct link is https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2025/m04/cisco-and-servicenow-partner-to-simplify-and-secure-ai-adoption.html. The complete, corrected release follows: Cisco Continues to Drive Innovation to Reimagine Security for the AI Era News Summary: New Cisco innovations address the complexities for security professionals to embrace the AI era in today's dynamic threat landscapeCisco XDR and Splunk Security adva
News Summary: New Cisco innovations address the complexities for security professionals to embrace the AI era in today's dynamic threat landscapeCisco XDR and Splunk Security advancements simplify threat detection and response with cutting edge agentic AICisco and ServiceNow deepen partnership to ensure customers can efficiently adopt and scale AI securelyLaunch of Foundation AI democratizes AI security with novel open-source tools, including the first reasoning model built to enhance security applicationsSAN FRANCISCO, April 28, 2025 /PRNewswire/ -- RSA CONFERENCE 2025 -- Cisco (NASDAQ:CSCO) today made several transformative innovation and partnership announcements that will help security p
Cleveland Research upgraded Cisco from Neutral to Buy
DZ Bank upgraded Cisco from Hold to Buy
Rosenblatt upgraded Cisco from Neutral to Buy and set a new price target of $80.00 from $66.00 previously
Exane BNP Paribas upgraded Cisco from Neutral to Outperform and set a new price target of $72.00
Citigroup reiterated coverage of Cisco with a rating of Buy and set a new price target of $68.00 from $64.00 previously
Melius upgraded Cisco from Hold to Buy and set a new price target of $73.00 from $66.00 previously
JP Morgan upgraded Cisco from Neutral to Overweight and set a new price target of $66.00
Citigroup upgraded Cisco from Neutral to Buy and set a new price target of $62.00 from $52.00 previously
HSBC Securities upgraded Cisco from Hold to Buy and set a new price target of $58.00 from $46.00 previously
New Street upgraded Cisco from Neutral to Buy
SAN JOSE, Calif., May 1, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO) has scheduled a conference call for Wednesday, May 14, 2025, at 1:30 PM (PT); 4:30 PM (ET) to announce its third quarter fiscal year 2025 financial results for the period ending Saturday, April 26, 2025. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, May 14, 2025. Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com. Date: Wednesday, May 14, 2025 Time:
SAN JOSE, Calif., Feb. 12, 2025 /PRNewswire/ -- News Summary: Broad-based strength in product orders demonstrating growing demand for Cisco technologiesProduct orders up 29% year over year; up 11% excluding SplunkAI Infrastructure orders of more than $350 million, bringing the total for 1HFY25 to approximately $700 millionRevenue of $14.0 billion, above the high end of our guidance rangeStrong profitability:GAAP gross margin of 65.1% and non-GAAP gross margin of 68.7%GAAP EPS of $0.61 and non-GAAP EPS of $0.94, above the high end of our guidance rangeQuarterly dividend increas
SAN JOSE, Calif., Feb. 5, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO) has scheduled a conference call for Wednesday, Feb 12, 2025, at 1:30 PM (PT); 4:30 PM (ET) to announce its second quarter fiscal year 2025 financial results for the period ending Saturday, January 25, 2025. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, February 12, 2025. Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com. Date: Wednesday, February 12, 20
SAN JOSE, Calif., Nov. 15, 2024 /PRNewswire/ -- Cisco today announced that it will participate in the following event with the financial community. This session will be via webcast. Interested parties can register and view these events on Cisco's Investor Relations website at https://investor.cisco.com. No new financial information will be discussed on this conference call. Cisco at the 2024 RBC Capital Markets Global TMIT ConferenceNov 20, 20248:20 a.m. PT / 11:20 a.m. ET Cisco Speaker:Scott Herren, EVP and Chief Financial OfficerMark Patterson, EVP and Chief Strategy Officer
SAN JOSE, Calif., Nov. 13, 2024 /PRNewswire/ -- News Summary: Broad-based acceleration in product orders reflecting normalizing demandProduct orders up 20% year over year; up 9% year over year excluding SplunkRevenue of $13.8 billion in Q1, at the high end of our guidance rangeStrong profitability:GAAP gross margin of 65.9% and non-GAAP gross margin of 69.3%, above our guidance rangeGAAP EPS of $0.68 and non-GAAP EPS of $0.91, above our guidance rangeQ1 FY 2025 Results:Revenue: $13.8 billionDecrease of 6% year over yearEarnings per Share: GAAP: $0.68; Non-GAAP: $0.91GAAP EPS
SAN JOSE, Calif., Oct. 29, 2024 /PRNewswire/ -- Cisco (NASDAQ:CSCO) has scheduled a conference call for Wednesday, Nov 13, 2024, at 1:30 PM (PT); 4:30 PM (ET) to announce its first quarter and fiscal year 2025 financial results for the period ending Saturday, October 26, 2024. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, November 13, 2024. Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com. Date: Wednesday, November 13
SAN JOSE, Calif., Aug. 14, 2024 /PRNewswire/ -- News Summary: Product order growth of 14% year over year; up 6% excluding SplunkRevenue of $13.6 billion in Q4 FY 2024, above the high end of our guidance rangeStrong margins:Q4 FY 2024 GAAP gross margin of 64.4% and Non-GAAP gross margin of 67.9%FY 2024 GAAP gross margin of 64.7% and Non-GAAP gross margin of 67.5%, the highest in 20 yearsSolid growth in software and recurring metrics in FY 2024, enhanced by SplunkTotal subscription revenue of $27.4 billion including Splunk, representing 51% of total revenueTotal annualized recu
SAN JOSE, Calif., Aug. 6, 2024 /PRNewswire/ -- Cisco (NASDAQ:CSCO) has scheduled a conference call for Wednesday, Aug 14, 2024, at 1:30 PM (PT); 4:30 PM (ET) to announce its fourth quarter and fiscal year 2024 financial results for the period ending Saturday, July 27, 2024. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, August 14, 2024. Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com. Date: Wednesday, Aug 14, 2024 Ti
SAN JOSE, Calif., May 16, 2024 /PRNewswire/ -- Cisco today announced that it will participate in the following event with the financial community. This session will be via webcast. Interested parties can register and view these events on Cisco's Investor Relations website at https://investor.cisco.com. No new financial information will be discussed on this conference call. Cisco at the J.P. Morgan Global Technology, Media and Communications ConferenceMay 20, 202411:50 a.m. PT / 1:50 p.m. ET Cisco Speaker: Scott Herren, EVP and Chief Financial Officer Moderator:Samik Chatterjee
SEATTLE, May 15, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ:BNZI) ("Banzai" or the "Company"), a leading SaaS marketing technology company, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Summary and Recent Operational Highlights Annual Recurring Revenue ("ARR") for March 2024 was $4.9 million, a 14.2% increase compared to Q4 2023, and a 5% increase year-over-year.Revenue of $1.1 million exceeded the operating forecast as of the previous quarter by 4%.Net Income increased sequentially by $1.9 million, a 30% increase from Q4 2023.The Company added over 230 customers in April, bringing the total number of customer w
Cisco to Join HUMAIN's Initiative to Build the Kingdom's Future AI Infrastructure News Summary: Cisco to partner with Saudi Arabia's new HUMAIN AI enterprise to power AI infrastructure and ecosystem growth.New investments in research, talent and digital skills aim to accelerate the Kingdom's AI journey.The partnership supports Vision 2030 by advancing Saudi Arabia's transformation into a leading, diversified digital economy.RIYADH, Saudi Arabia, May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a groundbreaking initiative with HUMAIN – Saudi Arabia's new AI enterprise – to help build the world's most open, scalable, resilient and cost-efficien
News Summary: Cisco to join HUMAIN's alliance to build Saudi Arabia's future AI Infrastructure.Cisco and G42 extend their strategic partnership to drive AI innovation across the United Arab Emirates (UAE) and the United States.Cisco to collaborate with AIP (AI Infrastructure Partnership) to drive investment in data centers and AI infrastructure in the United States and globally.SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a series of strategic initiatives across all phases of the AI revolution in the United States and in the Middle East region. These new initiatives place Cisco at the center of the AI revolution in the Gu
The MoU builds on G42's growing ecosystem as it accelerates its efforts to scale AI infrastructure and innovation ABU DHABI, UAE, May 13, 2025 /PRNewswire/ -- G42, the UAE-based global technology group, today announced the signing of a Memorandum of Understanding (MoU) with Cisco, the global leader in networking and security, laying the groundwork for a strategic collaboration aimed at advancing artificial intelligence (AI) innovation and infrastructure development across public and private sectors. The agreement was presented to His Highness Sheikh Khaled bin Mohamed bin Zay
News Summary: Cisco appoints Kevin Weil to its board of directors effective May 12, 2025Weil's significant expertise in AI, technology innovation and product leadership will bring valuable perspective to Cisco's boardWeil currently serves as the Chief Product Officer at OpenAI SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO) today announced the appointment of Kevin Weil to its board of directors effective May 12, 2025. "Kevin has an exceptional track record of scaling products to deliver meaningful business value for customers," said Chuck Robbins, chair and
Accomplished Executive Brings Decades of Experience Driving Technology Innovation and Business Growth SmartRent, Inc. (NYSE:SMRT), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced the appointment of Ana Pinczuk to its Board of Directors. She will serve as a member of the Compensation and Nominating and Corporate Governance Committees. Pinczuk brings more than 30 years of experience in leadership and executive roles across a variety of technology companies spanning AI, robotics, SaaS, data storage and cybersecurity. Most recently, she served as Chief Operating Officer of Dexterity, a leading AI robotics so
TYSONS CORNER, Va. and PETAH TIKVA, Israel, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ:CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced a series of Board updates to support the Company's continued growth into 2025 and beyond. As previously detailed on November 6, 2024, Thomas E. Hogan has been appointed interim CEO to begin 2025 as part of a planned leadership transition. In conjunction with stepping into this position, Mr. Hogan remains on the Company's Board of Directors and plans to revert to his position as chairman upon the eventual appointment of a new CEO. As part of Cellebrite's ongoing commitment to
Industry veteran brings decades of business acumen and global insight from Amazon Web Services, Cisco, Palo Alto Networks, and Unity JFrog Ltd. ("JFrog") (NASDAQ:FROG), the Liquid Software company and creators of the JFrog Software Supply Chain Platform, today announced Unity CFO, Luis Felipe Visoso, will join its Board of Directors, effective immediately. He will also serve as a member of the Board's Audit Committee. With extensive experience in global enterprise leadership and board roles across the cybersecurity, cloud, and software industries, Visoso brings a wealth of business expansion expertise to JFrog that will help the company drive growth in the DevOps, DevSecOps, and AI/MLOps
News Summary: Cisco appoints Ekta Singh-Bushell to its board of directors effective June 14, 2024.Singh-Bushell, a highly accomplished business leader, most recently held the position of deputy to the first vice president, chief operating officer, Executive Office at the Federal Reserve Bank of New York. SAN JOSE, Calif., June 14, 2024 /PRNewswire/ -- Cisco (NASDAQ:CSCO) today announced the appointment of Ekta Singh-Bushell to its board of directors effective June 14, 2024. "I am thrilled to welcome Ekta to Cisco's board. Her experience in data, security, and services will add
Organizations are committed to raising awareness for closing the talent gap and increasing diversity within the cybersecurity industry SAN FRANCISCO, May 8, 2024 /PRNewswire/ -- As the talent gap continues to present a massive and growing challenge within the cybersecurity industry, NightDragon, Cisco and World Wide Technology (WWT) today announced a collaboration with NPower to increase diversity and empower individuals from all backgrounds to pursue careers in cybersecurity. The cyber talent gap presents a significant and immediate issue to the cybersecurity industry, with 92% of cyber organizations reporting a talent shortage, according to the latest Cybersecurity Workforce Study from IS
The Consortium aims to provide actionable insights and identify new opportunities for reskilling and upskilling News Summary: The AI-Enabled ICT Workforce Consortium is led by Cisco and joined by Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP. It will assess AI's impact on technology jobs and identify skills development pathways for the roles most likely to be affected by artificial intelligence.The formation of the Consortium is catalyzed by the work of the U.S.-EU Trade and Technology Council Talent for Growth Task Force, Cisco Chair and CEO Chuck Robbins' participation in the Task Force, and input from the U.S. Department of Commerce.Advisors include the American Fe
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