Wall Street analysts are bullish on Cisco Systems stock with a moderate buy rating.

From Nasdaq: 2025-02-10 11:30:09

Cisco Systems, Inc. is a tech giant with a market cap of $248 billion, offering network security, software, and cloud services. Its stock has outperformed the S&P 500, up 25.1% in the past year and 5.2% YTD. Despite this, it trails the iShares U.S. Telecommunications ETF, which gained 23.7% in the same period.

CSCO’s success is attributed to a subscription-based model and the Splunk acquisition, expanding its software portfolio. The company reported Q1 results, beating EPS expectations at $0.91 and revenue at $13.84 billion. Analysts forecast a 4.8% EPS decline for the fiscal year and rate the stock a “Moderate Buy.”

Analysts are bullish on CSCO, with a consensus rating of “Moderate Buy” and a mean price target of $64.68, representing a 3.9% premium. Exane BNP Paribas upgraded the stock to “Outperform” with a price target of $72, suggesting a 15.6% upside potential. The highest price target is $78, indicating a 25.3% increase from current levels.



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