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 |
|---|---|---|---|
| 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 | |
| 5/13/2024 | $50.00 | Underperform → Neutral | Exane BNP Paribas |
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8-K/A - CISCO SYSTEMS, INC. (0000858877) (Filer)
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
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10-Q - CISCO SYSTEMS, INC. (0000858877) (Filer)
144 - CISCO SYSTEMS, INC. (0000858877) (Subject)
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)
S-8 - CISCO SYSTEMS, INC. (0000858877) (Filer)
13F-HR - CISCO SYSTEMS, INC. (0000858877) (Filer)
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
Exane BNP Paribas upgraded Cisco from Underperform to Neutral and set a new price target of $50.00
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)
Cisco Secure AI Factory with NVIDIA breaks new ground in AI infrastructure and security while accelerating and simplifying enterprise AI adoption News Summary: Offering will empower customers to build and secure data centers to develop and run AI workloads.The Cisco Secure AI Factory with NVIDIA will embed security within all layers, from the application, to the workload, to the infrastructure using solutions like Cisco AI Defense and Hybrid Mesh Firewall.SAN JOSE, Calif., March 18, 2025 /PRNewswire/ -- GTC -- Cisco (NASDAQ:CSCO) today unveiled an AI factory architecture with NVIDIA that puts security at its core. This collaboration with NVIDIA builds on the expanded partnership that was ann
Industry leaders unite for live interoperability demo, highlighting Ethernet's expanding role in AI and high-speed networking The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today announced details of its annual live interoperability demonstration at the 2025 Optical Fiber Communication Conference and Exhibition (OFC). Located at booth 5173, the exhibit highlights Ethernet's unparalleled power and adaptability. The OFC 2025 expo will take place April 1 – 3, 2025, at the Moscone Center in San Francisco, Calif. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2025
Cisco unveils new Webex AI solutions that predict and automate customer and employee experiences News summary: Furthering Cisco's agentic AI journey, Cisco expands its Collaboration portfolio to include the general availability of Webex AI Agent to improve customer experiences.With new Cisco AI Assistant for Webex Contact Center updates and Webex AI Agent availability, Cisco is transforming contact centers into customer experience centers.New solutions for end users and IT teams include Webex Calling Customer Assist, new features within Webex Control Hub, and new workflow automation solutions for the Cisco AI Assistant for Webex.ORLANDO, Fla., March 17, 2025 /PRNewswire/ -- At Enterprise Con
Believes Incumbent Board's Approval and Ongoing Pursuit of Reckless and Dilutive Proposed Merger with Akoya Biosciences Demonstrates Urgent Need for Refreshment Nominees Would Bring Deep Healthcare and Financial Experience Necessary to Properly Oversee a Standalone Quanterix, Prevent Further Capital Misallocation and Improve Shareholder Value Kent Lake Urges Shareholders to Vote Against Merger with Akoya to Protect the Future Value of Their Investment Kent Lake PR LLC ("Kent Lake"), a holder of 6.9% of the outstanding common stock of Quanterix Corporation ("Quanterix" or the "Company") (NASDAQ:QTRX), announced today it has nominated three highly qualified, independent candidates for e
News Summary: Cisco launches Agile Services Networking innovations to help service providers compete in the AI marketplace with simplified, resilient, and intelligent networking.New assurance capabilities include real-time visibility into on-network and off-network connectivity, allowing service providers to build resilient, profitable AI-ready home and mobile subscriber experiences.Early adopters are already delivering secure, competitive AI-connected experiences, improving networking, business performance, and customer outcomes.BARCELONA, March 3, 2025 /PRNewswire/ -- MOBILE WORLD CONGRESS -- Cisco (NASDAQ:CSCO), the worldwide leader in networking and security, today announced networking i
SAN JOSE, Calif., Feb 27, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO) today announced that it will participate in the following events with the financial community: No new financial information will be discussed at these events Mobile World Congress, Barcelona Monday, March 3, and Tuesday, March 4, 2025 Financial Analyst / Investor Meetings Cisco Representatives: Kevin Wollenweber, SVP/GM, Cisco Networking – Data Center and Provider Connectivity Gordon Thomson, VP, Service Provider, EMEA Morgan Stanley TMT Conference, San Francisco Tuesday, March 4, 2025 Investor Meetings Cisco R
Bringing together two of the most utilized networking portfolios, Cisco Silicon One and NVIDIA Spectrum-X, will offer enterprises unmatched flexibility and choice in AI data center investments News Summary: Today, Cisco and NVIDIA announced the intent to create a cross-portfolio unified architecture to simplify building AI-ready data center networks.NVIDIA will enable Cisco Silicon One coupled with NVIDIA SuperNICs to become part of the NVIDIA Spectrum-X Ethernet networking platform. Cisco would be the only partner silicon included in NVIDIA Spectrum-X.Cisco will build systems combining NVIDIA Spectrum silicon with Cisco operating system software, allowing customers to simultaneously standar
News Summary Cisco Meraki has received FedRAMP authorization at the Moderate Impact Level.Cisco Meraki for Government empowers public sector customers with a cloud-managed networking platform that meets their needs.This milestone is a result of Cisco's overall effort to accelerate government compliance and bring innovative products to the public sector more quickly. SAN JOSE, Calif., Feb. 25, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO), the worldwide leader in networking and security, today announced that it has received Federal Risk and Authorization Management Program (FedRAMP®) authorization at the Moderate Impact Level for its Cisco Meraki for Government solution under the sponsorship of th
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
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
SAN JOSE, Calif., May 15, 2024 /PRNewswire/ -- News Summary: $12.7 billion in revenue, down 13% year over year, in line with expectations and reflects our customers' continued implementation of products on-handStrong profitability with GAAP gross margin of 65.1% and non-GAAP gross margin of 68.3%Transformed business model, further enhanced by the Splunk acquisition:Total subscription revenue of $6.9 billion including Splunk, representing 54% of total revenueTotal annualized recurring revenue (ARR) at $29.2 billion including $4.2 billion from Splunk, up 22% year over year, and
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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
News Summary: RAI Amsterdam has selected Cisco and Radware to enhance network security for its events.Cisco Secure Cloud DDoS Protection, developed by Radware, was chosen to address the robust network requirements for IT, gaming, and financial services events at RAI Amsterdam.The solution bolsters RAI's security resilience by swiftly identifying and blocking harmful traffic, ensuring uninterrupted network availability, and optimizing application performance during DDoS attacks. MAHWAH, N.J., March 13, 2024 (GLOBE NEWSWIRE) -- Cisco and Radware® today announced they have been selected by RAI Amsterdam to enhance network security with Cisco Secure Cloud DDoS Protection, a solution develope
Companies form collaborative partnership to accelerate progress towards GHG emission reduction goals.The agreement includes circular economy best practices, including refurbishing and recycling products.The collaboration will allow Orange Business to provide their customers an estimate of the GHG emissions from their products and solutions based on Cisco technology.BARCELONA, Feb. 26, 2024 /PRNewswire/ -- Orange Business and Cisco have signed a Memorandum of Understanding (MoU) for a joint action plan to help reduce their greenhouse gas (GHG) emissions. The plan represents a first for both companies, deepening their partnership, and facilitating the sharing of data that will inform progress
News Summary Partnership with Cisco and Qwilt enables Turkcell to enhance streaming quality and data delivery for Turkiye's 38.2 million mobile and 3.1 million fixed broadband subscribers. Deployment integrates Qwilt's Open Edge Cloud for Content Delivery with Cisco's edge computing infrastructure, improving the subscriber experience and supporting rising data volumes. With Cisco and Qwilt's Open Edge model, Turkcell Superonline's network can better meet content publishers' demands and strengthen Turkiye's position as a digital bridge between East and West. Cisco and Qwilt today announce a new strategic partnership with Turkcell, the leading digital operator in Turkiye. The coll
Virtual event leader onboards former Cisco (NASDAQ:CSCO), 8x8 (NASDAQ:EGHT) President, and Polycom (NASDAQ:POLY) executive to lead premium webcasting solution into the next phase of world-class virtual event services GlobalMeet, the fastest-growing, unrivaled leader in virtual event technology used by 5 out of 10 of the largest US banks, all Big Four Consulting Firms, and 50% of Fortune 500 pharmaceutical and biotech companies, today announces the appointment of visionary leader Kim Niederman as CEO. GlobalMeet enables live and fully interactive events to audiences as large as 100,000+ people. Niederman has a formidable track record in steering tech companies to record success and will dr