What was Cisco stock price in 2000? (2024)

What was Cisco stock price 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 2001?

The closing price for Cisco Systems (CSCO) in 2001 was $12.38, on December 31, 2001. It was down 52.5% for the year. The latest price is $49.34.

How much was Cisco worth in 2000?

At its peak in 2000, Cisco stock traded above $79 a share, for a market cap of $546 billion -- surpassing Microsoft as the world's most valuable company and inspiring estimates that it could surpass a $1 trillion valuation. Unfortunately, the runaway success was not to last.

What was the price of Cisco stock in 1999?

The closing price for Cisco Systems (CSCO) in 1999 was $36.62, on December 31, 1999. It was up 126.7% for the year.

What was the price of Cisco stock in 1997?

What went wrong at Cisco in 2001?

But by 2001, Cisco began to face barriers in their supply chain. Failures in their technology slowed a path in the chain. Technological issues were not a problem for Cisco as they continued to push out product. This became their biggest mistake.

What is Cisco's lifetime highest stock price?

Historical daily share price chart and data for Cisco since 1990 adjusted for splits and dividends. The latest closing stock price for Cisco as of March 20, 2024 is 49.55. The all-time high Cisco stock closing price was 59.70 on December 29, 2021.

Why did Cisco crash in 2000?

After the company went public in 1990, Cisco stock surged more than 1,000 times over the decade, striking a high of $80 on March 27, 2000. But then it was hit hard by the collapse of the dot-com bubble, plunging to a low of $8.60 on October 8, 2002.

What happened to Cisco in 2000?

Twenty-four years ago, in March 2000, Cisco Systems was the most valuable company in the world. At a valuation of $500 billion, the internet-plumbing company had powered the adoption of the new technology with routers, networks, servers, and switches — and thus, powered the dot-com boom.

How many times did Cisco stock split?

Cisco stock (symbol: CSCO) underwent a total of 9 stock splits.

What year did Cisco go public?

Cisco went public on February 16, 1990 at a split-adjusted price of about 6 cents.

What was Cisco's PE ratio in 2000?

In the fall of 1998, Cisco's stock was valued at 40 times trailing earnings. Now, its P/E ratio is 135 times earnings for its fiscal year ending July 2000. On a trailing earnings basis, its P/E ratio is about 189.

Is Cisco considered a value stock?

NASDAQ: CSCO

Instead, I think it's still a decent value stock for investors who want a safe place to park their cash while generating stable dividends. That said, Cisco's investors need to temper their near-term expectations.

When did Cisco peak?

While that is certainly an extreme move, especially for such a large company, Cisco still has it beat. The telecommunications equipment company experienced a 700% run-up between its October 1998 low and its March 2000 peak.

How many shares of Cisco does Chuck Robbins own?

Charles Robbins Latest Holdings Summary

Charles Robbins currently owns a total of 1 stock. Charles Robbins owns 766,767 shares of Cisco Systems Inc (CSCO) as of February 16, 2024, with a value of $38 Million.

Did Cisco increase its dividend?

The next dividend payment is planned on April 24, 2024 . Cisco Systems, Inc. ( CSCO ) has increased its dividends for 12 consecutive years.

Why is Cisco stock so low?

Cisco stock has retreated 2.5% this year after advancing 6% in 2023. Shares in Cisco fell after the computer networking giant reported fiscal second-quarter earnings and revenue that fell from a year earlier but topped consensus estimates as product orders fell again.

How did Cisco get so big?

Cisco acquired a variety of companies to spin products and talent into the company. In 1995–1996 the company completed 11 acquisitions. Several acquisitions, such as Stratacom, were one of the biggest deals in the industry when they occurred.

What was the main problem of Cisco?

Falling behind global competitors, particularly China, in mobile communication infrastructure, specifically 5G and IoT. 2. Lack of investment in organizational learning required to generate cutting-edge communication-infrastructure products.

Is Cisco 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.

What is the future of Cisco stock?

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.

What is the annual dividend for Cisco?

Does Cisco Systems have sufficient earnings to cover their dividend? Yes, CSCO's past year earnings per share was $3.29, and their annual dividend per share is $1.57. CSCO's dividend payout ratio is 37.77% ($1.57/$3.29) which is sustainable.

Is Nvidia the next Cisco?

Nvidia could triple in value to become the world's first $6 trillion-plus company if it follows Cisco's trajectory during the dot-com bubble, Jeremy Siegel said. The microchip maker's stock has surged by more than 500% since the start of 2023, including a near-90% jump in the past 10 weeks alone.

What was Cisco's first product?

In 1985 Cisco sold its first product, a network interface card for Digital Equipment Corporation's computers. Its first big success, a router that served multiple network protocols, came the following year.

What was the price of Cisco stock in 1998?

The closing price for Cisco Systems (CSCO) in 1998 was $15.86, on December 31, 1998. It was up 145.9% for the year.