JP Morgan resumed coverage on Cisco with a new price target
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JP Morgan resumed coverage of Cisco with a rating of Neutral and set a new price target of $53.00 from $62.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
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
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)
SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)
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
96% of North American CEOs plan AI integration, but 49% believe their understanding of AI will have a negative impact on the growth of their business over the next 5 years. New research highlights what's getting in the way of progress – and how CEOs plan to shift ambition into action. News summary: While 4 out of 5 CEOs recognize AI's potential, many worry gaps in their understanding will impact strategic decisions, risking missed opportunities and falling behind competitors.Over 70% of North American CEOs feel their business loses opportunities because of outdated network infrastructure.CEOs plan to stay ahead by investing in their people, modernizing infrastructure, and strengthening cyber
New switches with embedded AMD Pensando DPUs are highly adaptive and scalable for AI demands—enabling enterprises to add services as needs evolve News Summary Cisco announces the Cisco N9300 Series Smart Switches with a new class of intelligent networking silicon alongside embedded DPUs, reimagining AI data center designs.Cisco Hypershield will be offered as the first service available embedded on the new switches; narrowing the gap between security and networking layers by converging them into a single solution.Featuring Cisco Silicon One E100 and AMD Pensando DPUs, complex data processing tasks can be offloaded to the DPUs on the switch to improve both network architecture and security pos
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
144 - CISCO SYSTEMS, INC. (0000858877) (Subject)
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
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