Cisco upgraded by BofA Securities with a new price target
$CSCO
Computer Communications Equipment
Telecommunications
BofA Securities upgraded Cisco from Neutral to Buy and set a new price target of $60.00 from $55.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 | |
| 5/13/2024 | $50.00 | Underperform → Neutral | Exane BNP Paribas |
| 4/22/2024 | $62.00 → $53.00 | Neutral | JP Morgan |
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
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
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
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
S-8 - CISCO SYSTEMS, INC. (0000858877) (Filer)
10-Q - CISCO SYSTEMS, INC. (0000858877) (Filer)
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)
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
News Summary: Cisco's end-to-end solution protects both the development and use of AI applications so enterprises can advance their AI initiatives with confidence. AI Defense safeguards against the misuse of AI tools, data leakage, and increasingly sophisticated threats, which existing security solutions are not equipped to handle. The innovative solution leverages Cisco's unmatched network visibility and control to stay ahead of ever-evolving AI safety and security concerns.SAN JOSE, Calif., Jan. 15, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO), the leader in security and networking, today announced Cisco AI Defense, a pioneering solution to enable and safeguard AI transformation within enterpr
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
Issued on behalf of Scope Technologies Corp. with the installation of new hardware. VANCOUVER, BC, Dec. 5, 2024 /PRNewswire/ -- USA News Group News Commentary – In recent weeks, Amazon's quantum advancements have ignited significant momentum across the market, propelling the industry closer to the dawn of the "Quantum Age." In response, the U.S. government has acted decisively, partnering with quantum pioneers to support a $2.7 billion National Quantum Initiative Reauthorization Act. While Polaris Market Research previously estimated the Global Quantum Computing Market could exceed US$5.7 billion by 2032 at an impressive 19.1% CAGR, updated projections from The Quantum Insider now anticipate