What is the 5 year forecast for CSCO stock? (2024)

What is the 5 year forecast for CSCO stock?

Cisco Systems, Inc. quote is equal to 48.935 USD at 2024-03-16. Based on our forecasts, a long-term increase is expected, the "CSCO" stock price prognosis for 2029-03-07 is 53.017 USD. With a 5-year investment, the revenue is expected to be around +8.34%.

What is the projection for CSCO?

CSCO Stock 12 Months Forecast

Based on 14 Wall Street analysts offering 12 month price targets for Cisco Systems in the last 3 months. The average price target is $52.50 with a high forecast of $55.00 and a low forecast of $47.00. The average price target represents a 7.03% change from the last price of $49.05.

What is the price target for Cisco in 2025?

What is CSCO long term outlook?

According to the latest long-term forecast, Cisco Systems price will hit $50 by the middle of 2024 and then $55 by the end of 2025. Cisco Systems will rise to $60 within the year of 2026, $65 in 2027, $75 in 2028, $85 in 2029, $90 in 2031, $95 in 2032, $100 in 2033 and $110 in 2035.

Is CSCO a buy sell or hold?

Cisco stock has received a consensus rating of hold. The average rating score is A1 and is based on 29 buy ratings, 45 hold ratings, and 4 sell ratings.

Who is Cisco's biggest competitor?

What is the next ex dividend date for CSCO?

Cisco Systems, Inc.'s ( CSCO ) ex-dividend date is April 3, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. Cisco Systems, Inc. ( CSCO ) pays dividends on a quarterly basis. The next dividend payment is planned on April 24, 2024 .

What is CSCO 12 month price target?

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Cisco Systems stock have an average target of 56.42, with a low estimate of 45 and a high estimate of 76. The average target predicts an increase of 13.11% from the current stock price of 49.88.

Where will Cisco live in 2024?

Attend - Cisco Live 2024 Las Vegas - Cisco.

Is Cisco a good company to buy?

Zacks' proprietary data indicates that Cisco Systems, Inc. is currently rated as a Zacks Rank 4 and we are expecting a below average return from the CSCO shares relative to the market in the next few months.

Is CSCO a good stock?

CSCO stock currently holds a Relative Strength Rating of 27 out of a best-possible 99. The best stocks tend to have an RS rating of 80 or better.

Is Cisco a good long term stock?

Cisco Systems (CSCO 0.83%) is often considered a stable stock for conservative income investors. It's the world's largest networking company, its stock trades at just 13 times this year's adjusted earnings, and it pays a high forward yield of 3.3%.

Does Cisco pay good dividend?

As of today, Cisco Systems Inc currently has a 12-month trailing dividend yield of 3.07% and a 12-month forward dividend yield of 3.09%. This suggests an expectation of increased dividend payments over the next 12 months. Over the past three years, Cisco Systems Inc's annual dividend growth rate was 2.70%.

How much cash does CSCO have?

Cash on Hand as of January 2024 : $25.67 B

According to Cisco's latest financial reports the company has $25.67 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

How does Cisco make money?

Cisco makes money by selling networking and communications equipment and software that are the backbone of the Internet.

How many shares does CSCO have?

According to Cisco's latest financial reports and stock price the company's current number of shares outstanding is 4,055,000,000. At the end of 2024 the company had 4,055,000,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Is Cisco losing market share?

Cisco (CSCO) has exhibited a modest 3.1% average revenue growth and 4.8% average adjusted operating profit growth over the past five years. The company is experiencing a decline in market share within both the networking and security end markets.

Is Juniper better than Cisco?

Juniper excels in simplicity, high-performance routing, and strong security features. Cisco offers versatility, reliability, and a diverse product range, making it a better fit for organizations seeking comprehensive networking solutions with extensive industry support.

Who are Cisco's main customers?

Cisco serves customers in three target markets: Enterprises - Large organization with complex networking needs, usually spanning multiple locations and types of computer systems. Enterprise customers include corporations, government agencies, utilities and educational institutions.

Has Cisco ever paid cash dividends?

Yes, CSCO has paid a dividend within the past 12 months. How much is Cisco Systems's dividend? CSCO pays a dividend of $0.4 per share. CSCO's annual dividend yield is 3.11%.

What are the 3 dividend dates?

For some, cash dividends are a crucial for their retirement income; for others, it's just another source of return on the stock. Stock dividends have key dates that investors must understand otherwise they will miss out on payments. The three dates are the date of declaration, date of record, and date of payment.

Will stock go up after ex-dividend date?

The stock price drops by the amount of the dividend on the ex-dividend date. Remember, the ex-dividend date is the day before the record date. If investors want to receive a stock's dividend, they have to buy shares of stock before the ex-dividend date.

How much did CSCO cost in 2000?

The closing price for Cisco Systems (CSCO) in 2000 was $26.15, on December 29, 2000. It was down 30.4% for the year. The latest price is $49.55.

What was the price of Cisco stock in 1996?

Will Cisco have layoffs in 2024?

Cisco Confirms It Will Lay Off 5 Percent Of Workforce As Product Revenues Down. The tech giant, whose customers are still digesting orders received following the clearing of the massive backlog, saw weak product revenues in Q2 2024.