Cisco Systems (CSCO) Stock Forecast, Price Target & Predictions
CSCO Stock Forecast
Cisco Systems stock forecast is as follows: an average price target of $63.09 (represents a 9.72% upside from CSCO’s last price of $57.50) and a rating consensus of 'Buy', based on 31 wall street analysts offering a 1-year stock forecast.
CSCO Price Target
The average price target for Cisco Systems (CSCO) is $63.09 based on 1-year price targets from 31 Wall Street analysts in the past 3 months, with a price target range of $160.00 to $44.00. This represents a potential 9.72% upside from CSCO's last price of $57.50.
CSCO Analyst Ratings
According to 31 Wall Street analysts, Cisco Systems's rating consensus is 'Buy'. The analyst rating breakdown for CSCO stock is 0 'Strong Buy' (0.00%), 18 'Buy' (58.06%), 13 'Hold' (41.94%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Cisco Systems Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 14, 2024 | Meta Marshall | Morgan Stanley | $62.00 | $59.18 | 4.77% | 7.83% |
| Oct 16, 2024 | Atif Malik | Citigroup | $62.00 | $54.08 | 14.64% | 7.83% |
| Oct 14, 2024 | Ivan Feinseth | Tigress Financial | $78.00 | $54.15 | 44.04% | 35.65% |
| Aug 16, 2024 | Sam Poser | Williams Trading | $93.00 | $49.37 | 88.39% | 61.74% |
| Aug 16, 2024 | Stephen Bersey | HSBC | $58.00 | $49.70 | 16.71% | 0.87% |
| Aug 15, 2024 | Pierre Ferragu | New Street | $57.00 | $49.55 | 15.02% | -0.87% |
| Aug 15, 2024 | Tal Liani | Bank of America Securities | $60.00 | $48.57 | 23.53% | 4.35% |
| Aug 15, 2024 | Mike Genovese | Rosenblatt Securities | $58.00 | $49.22 | 17.84% | 0.87% |
| May 17, 2024 | Jim Kelleher | Argus Research | $70.00 | $48.28 | 44.99% | 21.74% |
| May 17, 2024 | Tim Long | Barclays | $50.00 | $48.17 | 3.80% | -13.04% |
The latest Cisco Systems stock forecast, released on Nov 14, 2024 by Meta Marshall from Morgan Stanley, set a price target of $62.00, which represents a 4.77% increase from the stock price at the time of the forecast ($59.18), and a 7.83% increase from CSCO last price ($57.50).
Cisco Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 22 |
| Avg Price Target | $62.00 | $67.33 | $63.50 |
| Last Closing Price | $57.50 | $57.50 | $57.50 |
| Upside/Downside | 7.83% | 17.10% | 10.43% |
In the current month, the average price target of Cisco Systems stock is $62.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 7.83% increase as opposed to Cisco Systems's last price of $57.50. This month's average price target is down -7.92% compared to last quarter, and down -2.36% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | Citigroup | Underweight | Buy | Upgrade |
| Oct 14, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Oct 14, 2024 | Tigress Financial | Buy | Buy | Hold |
| Oct 09, 2024 | New Street | Underperform | Buy | Upgrade |
| Sep 20, 2024 | Piper Sandler | Buy | Buy | Hold |
| Sep 20, 2024 | New Street | Underperform | Underperform | Hold |
| Sep 20, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Aug 16, 2024 | Cantor Fitzgerald | - | Overweight | Upgrade |
| Aug 16, 2024 | Piper Sandler | Neutral | Overweight | Upgrade |
| Aug 16, 2024 | Daiwa | - | Buy | Upgrade |
Cisco Systems's last stock rating was published by Citigroup on Oct 16, 2024. The company Upgrade its CSCO rating from "Underweight" to "Buy".
Cisco Systems Financial Forecast
Cisco Systems Revenue Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.67B | $15.20B | $14.57B | $13.59B | $13.63B | $13.10B | $12.84B | $12.72B | $12.90B | $13.13B | - | $11.96B | $11.93B | $12.15B | $11.98B |
| Avg Forecast | $15.46B | $14.89B | $14.93B | $14.84B | $14.98B | $14.47B | $14.59B | $14.43B | $14.39B | $13.86B | $13.88B | $13.78B | $13.53B | $12.53B | $12.71B | $14.63B | $15.05B | $14.40B | $13.42B | $13.31B | $12.73B | $13.37B | $12.66B | $12.98B | $13.04B | $12.57B | $11.92B | $11.85B | $12.09B | $11.88B |
| High Forecast | $15.56B | $14.98B | $15.02B | $14.93B | $15.08B | $14.56B | $14.68B | $14.52B | $14.48B | $13.95B | $13.96B | $13.83B | $13.53B | $12.53B | $12.79B | $14.70B | $15.14B | $14.48B | $13.50B | $13.50B | $13.04B | $13.69B | $12.97B | $13.30B | $13.36B | $12.88B | $12.22B | $12.14B | $12.38B | $12.17B |
| Low Forecast | $15.26B | $14.70B | $14.73B | $14.64B | $14.79B | $14.28B | $14.39B | $14.24B | $14.20B | $13.68B | $13.82B | $13.75B | $13.53B | $12.53B | $12.54B | $14.59B | $14.85B | $14.21B | $13.24B | $13.15B | $12.54B | $13.16B | $12.47B | $12.79B | $12.84B | $12.38B | $11.74B | $11.67B | $11.90B | $11.70B |
| # Analysts | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 12 | 11 | 5 | 8 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.01% | 1.01% | 1.02% | 1.03% | 0.96% | 1.00% | 0.99% | 1.01% | - | 1.00% | 1.01% | 1.01% | 1.01% |
Cisco Systems's average Quarter revenue forecast for Jan 24 based on 10 analysts is $12.71B, with a low forecast of $12.54B, and a high forecast of $12.79B. CSCO's average Quarter revenue forecast represents a -13.37% decrease compared to the company's last Quarter revenue of $14.67B (Oct 23).
Cisco Systems EBITDA Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 12 | 11 | 5 | 8 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.08B | $5.21B | $4.60B | $4.20B | $3.99B | $3.94B | $4.37B | $4.21B | $4.28B | $4.32B | - | $3.80B | $3.24B | $3.87B | $4.02B |
| Avg Forecast | $4.85B | $4.67B | $4.69B | $4.66B | $4.70B | $4.54B | $4.58B | $4.53B | $4.52B | $4.35B | $4.36B | $4.32B | $4.25B | $4.81B | $3.99B | $4.59B | $4.72B | $4.37B | $4.64B | $4.26B | $4.08B | $3.98B | $4.06B | $4.16B | $4.18B | $3.65B | $3.82B | $3.79B | $3.87B | $4.09B |
| High Forecast | $4.88B | $4.70B | $4.71B | $4.69B | $4.73B | $4.57B | $4.61B | $4.56B | $4.55B | $4.38B | $4.38B | $4.34B | $4.25B | $5.77B | $4.01B | $4.61B | $4.75B | $5.25B | $5.57B | $4.32B | $4.18B | $4.77B | $4.15B | $4.26B | $4.28B | $4.38B | $3.91B | $3.89B | $3.96B | $4.91B |
| Low Forecast | $4.79B | $4.61B | $4.62B | $4.60B | $4.64B | $4.48B | $4.52B | $4.47B | $4.46B | $4.29B | $4.34B | $4.31B | $4.25B | $3.85B | $3.94B | $4.58B | $4.66B | $3.50B | $3.71B | $4.21B | $4.02B | $3.18B | $3.99B | $4.09B | $4.11B | $2.92B | $3.76B | $3.74B | $3.81B | $3.28B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.10% | 1.05% | 0.91% | 0.94% | 0.97% | 1.10% | 1.04% | 1.03% | 1.04% | - | 1.00% | 0.86% | 1.00% | 0.98% |
10 analysts predict CSCO's average Quarter EBITDA for Jan 24 to be $3.99B, with a high of $4.01B and a low of $3.94B. This is -21.46% lower than Cisco Systems's previous annual EBITDA (Oct 23) of $5.08B.
Cisco Systems Net Income Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 12 | 11 | 5 | 8 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.64B | $3.96B | $3.21B | $2.77B | $2.67B | $2.81B | $3.04B | $2.97B | $2.98B | $3.01B | - | $2.54B | $2.17B | $2.64B | $2.77B |
| Avg Forecast | $4.33B | $4.15B | $4.18B | $4.14B | $4.06B | $3.85B | $3.91B | $3.83B | $3.73B | $3.60B | $3.63B | $3.50B | $3.41B | $3.40B | $3.37B | $4.14B | $4.24B | $3.09B | $3.23B | $3.37B | $3.29B | $2.81B | $3.27B | $3.24B | $3.34B | $2.44B | $3.05B | $2.84B | $2.97B | $2.84B |
| High Forecast | $4.36B | $4.18B | $4.21B | $4.17B | $4.09B | $3.88B | $3.94B | $3.86B | $3.76B | $3.63B | $3.75B | $3.54B | $3.41B | $4.08B | $3.39B | $4.22B | $4.28B | $3.71B | $3.88B | $3.43B | $3.40B | $3.37B | $3.37B | $3.35B | $3.45B | $2.93B | $3.15B | $2.93B | $3.07B | $3.41B |
| Low Forecast | $4.25B | $4.07B | $4.11B | $4.07B | $3.99B | $3.79B | $3.84B | $3.76B | $3.67B | $3.54B | $3.55B | $3.46B | $3.40B | $2.72B | $3.31B | $4.07B | $4.17B | $2.47B | $2.59B | $3.32B | $3.23B | $2.25B | $3.20B | $3.18B | $3.28B | $1.96B | $2.99B | $2.79B | $2.92B | $2.27B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.93% | 1.04% | 0.86% | 0.79% | 0.85% | 1.08% | 0.91% | 0.92% | 0.90% | - | 0.83% | 0.76% | 0.89% | 0.98% |
Cisco Systems's average Quarter net income forecast for Jan 24 is $3.37B, with a range of $3.31B to $3.39B. CSCO's average Quarter net income forecast represents a -7.48% decrease compared to the company's last Quarter net income of $3.64B (Oct 23).
Cisco Systems SG&A Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 12 | 11 | 5 | 8 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.18B | $3.27B | $3.17B | $2.97B | $2.96B | $2.84B | $2.73B | $2.81B | $2.81B | $2.97B | - | $2.76B | $2.76B | $2.71B | $2.65B |
| Avg Forecast | $3.50B | $3.37B | $3.38B | $3.36B | $3.39B | $3.28B | $3.30B | $3.27B | $3.26B | $3.14B | $3.14B | $3.12B | $3.07B | $3.21B | $2.88B | $3.31B | $3.41B | $2.92B | $3.05B | $3.02B | $2.88B | $2.66B | $2.87B | $2.94B | $2.95B | $2.65B | $2.70B | $2.68B | $2.74B | $2.70B |
| High Forecast | $3.52B | $3.39B | $3.40B | $3.38B | $3.42B | $3.30B | $3.33B | $3.29B | $3.28B | $3.16B | $3.16B | $3.13B | $3.07B | $3.86B | $2.90B | $3.33B | $3.43B | $3.51B | $3.66B | $3.06B | $2.96B | $3.19B | $2.94B | $3.01B | $3.03B | $3.18B | $2.77B | $2.75B | $2.81B | $3.24B |
| Low Forecast | $3.46B | $3.33B | $3.34B | $3.32B | $3.35B | $3.23B | $3.26B | $3.23B | $3.22B | $3.10B | $3.13B | $3.11B | $3.07B | $2.57B | $2.84B | $3.30B | $3.36B | $2.34B | $2.44B | $2.98B | $2.84B | $2.12B | $2.83B | $2.90B | $2.91B | $2.12B | $2.66B | $2.64B | $2.70B | $2.16B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.96% | 1.08% | 0.97% | 0.98% | 0.98% | 1.03% | 0.98% | 0.96% | 1.01% | - | 1.02% | 1.03% | 0.99% | 0.98% |
Cisco Systems's average Quarter SG&A projection for Jan 24 is $2.88B, based on 10 Wall Street analysts, with a range of $2.84B to $2.90B. The forecast indicates a -9.42% fall compared to CSCO last annual SG&A of $3.18B (Oct 23).
Cisco Systems EPS Forecast
| Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 12 | 11 | 5 | 8 | 10 | 13 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.90 | $0.97 | $0.79 | $0.68 | $0.65 | $0.68 | $0.73 | $0.71 | $0.71 | $0.71 | - | $0.60 | $0.51 | $0.62 | $0.66 |
| Avg Forecast | $1.08 | $1.03 | $1.04 | $1.03 | $1.01 | $0.96 | $0.97 | $0.95 | $0.93 | $0.90 | $0.90 | $0.87 | $0.85 | $0.83 | $0.84 | $1.03 | $1.06 | $0.97 | $0.85 | $0.84 | $0.82 | $0.86 | $0.81 | $0.80 | $0.83 | $0.82 | $0.76 | $0.70 | $0.74 | $0.71 |
| High Forecast | $1.09 | $1.04 | $1.05 | $1.04 | $1.02 | $0.97 | $0.98 | $0.96 | $0.94 | $0.90 | $0.94 | $0.88 | $0.85 | $0.83 | $0.85 | $1.05 | $1.07 | $0.98 | $0.86 | $0.85 | $0.84 | $0.89 | $0.84 | $0.83 | $0.85 | $0.85 | $0.78 | $0.73 | $0.76 | $0.73 |
| Low Forecast | $1.06 | $1.02 | $1.02 | $1.01 | $0.99 | $0.94 | $0.96 | $0.94 | $0.91 | $0.88 | $0.88 | $0.86 | $0.85 | $0.83 | $0.82 | $1.01 | $1.04 | $0.96 | $0.84 | $0.82 | $0.80 | $0.85 | $0.79 | $0.79 | $0.81 | $0.81 | $0.74 | $0.69 | $0.72 | $0.70 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.92% | 0.81% | 0.80% | 0.78% | 0.83% | 0.85% | 0.88% | 0.88% | 0.86% | - | 0.79% | 0.72% | 0.84% | 0.93% |
According to 10 Wall Street analysts, Cisco Systems's projected average Quarter EPS for Jan 24 is $0.84, with a low estimate of $0.82 and a high estimate of $0.85. This represents a -6.80% decrease compared to CSCO previous annual EPS of $0.90 (Oct 23).
Cisco Systems Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLFD | Clearfield | $29.18 | $59.60 | 104.25% | Buy |
| NOK | Nokia Oyj | $4.25 | $6.35 | 49.41% | Buy |
| EXTR | Extreme Networks | $15.43 | $20.00 | 29.62% | Buy |
| CSCO | Cisco Systems | $57.50 | $63.09 | 9.72% | Buy |
| INFN | Infinera | $6.61 | $6.67 | 0.91% | Hold |
| JNPR | Juniper Networks | $35.66 | $35.74 | 0.22% | Buy |
| CIEN | Ciena | $66.48 | $65.74 | -1.11% | Buy |
| HPE | Hewlett Packard Enterprise Company | $21.18 | $20.82 | -1.70% | Buy |
| ZBRA | Zebra | $384.53 | $358.22 | -6.84% | Buy |
| NTGR | NETGEAR | $24.10 | $22.00 | -8.71% | Buy |
| LITE | Lumentum | $82.47 | $74.60 | -9.54% | Buy |
| ERIC | Telefonaktiebolaget LM Ericsson (publ) | $7.99 | $6.94 | -13.14% | Hold |
| MSI | Motorola Solutions | $492.60 | $344.83 | -30.00% | Buy |