From Nasdaq: 2024-08-04 22:16:25

Cisco Systems Inc (NASDAQ: CSCO) stock has underperformed, down 2% this year, in contrast to Palo Alto Networks (NASDAQ:PANW) up 13%. Q4 FY’24 earnings estimated at $13.56 billion revenue and $0.86 EPS, slightly beating consensus. Slowdown in product sales due to economic uncertainties; Cisco anticipates demand stabilization post existing inventory drawdown.

Cisco acquired Splunk to bolster cybersecurity efforts. Gross margins improving due to lower costs and recurring revenue model. Stock performance lackluster compared to S&P 500 and Arista Networks (ANET). Valued at $55 per share, 20% above current price, citing potential in recurring revenue and cybersecurity push amidst digitization trends.

Data shows historical returns, indicating CSCO’s 3% return in July 2024 and -2% YTD, contrasting with the S&P 500’s 0% and 14% respectively. Trefis Reinforced Value Portfolio shows a 7% YTD return. Consider investing with Trefis Market-Beating Portfolios for potential growth opportunities in the market.



Read more at Nasdaq: Will Splunk And Network Recovery Drive Cisco’s Q4 Results?