Cisco Stock News

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks included Blackstone Secured Lending, Goldman Sachs BDC, and Midcap Financial Investment Corporation.

Second annual report shows the race to get AI right is on, with a critical focus on networking infrastructure  News Summary: Leaders feel the pressure; 98% report increased urgency to deliver on AI and 85% believe they have less than 18 months to act. Networks are not equipped to meet AI workloads; only 21% of companies report having the necessary GPUs to meet current and future AI demands.

Bringing the Next Generation of Guest Experience to Las Vegas and Beyond News Summary:   Global gaming and entertainment company MGM Resorts International signs a Whole Portfolio Agreement with Cisco to deliver next-generation guest experiences. Agreement gives MGM Resorts access to much of Cisco's software portfolio and Customer Experience (CX) services.

Note: Cisco's FY 2024 ended July 27, 2024

SAN JOSE, Calif. , Nov. 15, 2024 /PRNewswire/ -- Cisco today announced that it will participate in the following event with the financial community.

Cisco Systems NASDAQ: CSCO is a long-term play on AI that investors should heed. Its AI abilities aren't rooted in GPUs, CPUs, and the training of AI but in the long-term application.

Despite the company's YoY revenue decline in fiscal Q1 2025, I remain extremely bullish on Cisco Systems, Inc. stock due to its strong value play and growth potential in AI and subscription services. Cisco is undervalued compared to peers, trading at 15.81 times this year's earnings, with a robust dividend and share repurchase program enhancing shareholder value. Cisco's sticky business model a...

Melius Research analyst Ben Reitzes increases his price target on Cisco to $66 from $53.