Cisco upgraded by Wells Fargo with a new price target
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Wells Fargo upgraded Cisco from Equal Weight to Overweight and set a new price target of $75.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/16/2025 | $70.00 | Buy → Neutral | New Street |
| 5/15/2025 | $75.00 | Equal Weight → Overweight | Wells Fargo |
| 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 |
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
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
SAN JOSE, Calif., May 14, 2025 /PRNewswire/ -- News Summary: Product orders up 20% year over year; up 9% excluding Splunk, with growth across all geographies and customer marketsAI Infrastructure orders taken from webscale customers exceeded $600 million, surpassing our $1 billion target one quarter earlyRevenue of $14.1 billion, up 11% year over year, above the high end of our guidance rangeStrong profitability with GAAP and non-GAAP margins and EPS above the high end of our guidance rangeQ3 FY 2025 Results:Revenue: $14.1 billionIncrease of 11% year over yearEarnings per Shar
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
SAN JOSE, Calif., May 14, 2025 /PRNewswire/ -- News Summary: Product orders up 20% year over year; up 9% excluding Splunk, with growth across all geographies and customer marketsAI Infrastructure orders taken from webscale customers exceeded $600 million, surpassing our $1 billion target one quarter earlyRevenue of $14.1 billion, up 11% year over year, above the high end of our guidance rangeStrong profitability with GAAP and non-GAAP margins and EPS above the high end of our guidance rangeQ3 FY 2025 Results:Revenue: $14.1 billionIncrease of 11% year over yearEarnings per Shar
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
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
New Street downgraded Cisco from Buy to Neutral and set a new price target of $70.00
Wells Fargo upgraded Cisco from Equal Weight to Overweight and set a new price target of $75.00
Cleveland Research upgraded Cisco from Neutral to Buy
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)