Wall Street analysts recommend buying Cisco (CSCO) with positive EPS estimates and Zacks Rank #2.

From Nasdaq: 2025-04-15 09:30:00

Wall Street analysts’ recommendations can impact stock prices, but are they reliable? Cisco Systems (CSCO) has an average brokerage recommendation (ABR) of 1.83, indicating a Buy. However, studies show brokerage recommendations may not always lead to profitable stock picks due to their positive bias. Consider using Zacks Rank, a tool based on earnings estimate revisions, for better guidance.

Cisco’s Zacks Consensus Estimate for the current year is $3.72, up 0.2% in the last month. Analysts’ optimism in revising EPS estimates higher has resulted in a Zacks Rank #2 (Buy) for Cisco. This, along with other factors, suggests a potential stock price increase. The ABR for Cisco may be a helpful guide for investors considering this stock.



Read more at Nasdaq: Is Cisco (CSCO) a Buy as Wall Street Analysts Look Optimistic?