Cisco Stock News

Famed investor Jim Cramer says insider confidence is reason enough to load up on Cisco Systems Inc (NASDAQ: CSCO) on the post-earnings weakness. Cisco stock is down 2% at writing after reporting its fourth straight quarter of revenue decline.

Cisco Systems Inc (NASDAQ:CSCO, ETR:CIS) saw better-than-expected performance in the first quarter, according to analysts at Bank of England. Although the software conglomerate reported a revenue decline of 5.6%, this was a better outcome than the 6.1% drop anticipated by BoE.

Cisco stock is lower Thursday despite the tech giant's beat-and-raise quarter, but analysts aren't concerned. Here's what you need to know.

Cisco's stock price has risen 21% since my 'Buy' rating in August 2024, driven by strong AI, cloud, and security market focus. Product orders grew 20% YoY, signalling the end of inventory destocking, with AI orders projected to reach $1 billion in FY25. Cisco's AI infrastructure investments and Splunk acquisition are expected to drive revenue growth, with a fair value of $65 per share.

Cisco Systems, Inc. (NASDAQ:CSCO ) Q1 2025 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Sami Badri - Head, Investor Relations Chuck Robbins - Chair & Chief Executive Officer Scott Herren - Executive Vice President & Chief Financial Officer Conference Call Participants Tal Liani - Bank of America Matt Niknam - Deutsche Bank Michael Ng - Goldman Sachs David Vogt - UB...

Der Netzwerk-Ausrüster Cisco US17275R1023 blickt auch wegen des Hypes um Künstliche Intelligenz (KI) zuversichtlich auf das laufende Quartal.

Cisco Systems (CSCO) reported fiscal first-quarter earnings that exceeded analysts' expectations and raised its full-year forecast, despite declining revenues.

Cisco reported fiscal Q1 earnings that fell from a year earlier but topped Wall Street estimates while revenue met views. The post Cisco Earnings: Product Orders Rebound, Revenue Outlook Above Views appeared first on Investor's Business Daily.