
Cisco Systems (CSCO) Stock Forecast & Price Target
Cisco Systems (CSCO) Analyst Ratings
Bulls say
Cisco Systems demonstrates a positive outlook due to its strong order trends, with total product orders increasing by 13% year-over-year, significantly above the previous quarter's growth and market expectations. The company's total revenue grew to $14.9 billion, reflecting a year-over-year increase of 8% and driven by robust demand for AI infrastructure and campus networking solutions, alongside a notable increase in networking revenue, which rose 15% year-over-year. Additionally, high-quality product remaining performance obligations (RPO) grew by 10%, underscoring a solid backlog expansion to $10.3 billion, indicative of sustained demand across its key business segments.
Bears say
The analysis indicates a negative outlook for Cisco Systems primarily due to the anticipated accelerated decline in hardware sales and difficulties in transitioning to recurring software and services revenue models. Ongoing supply chain challenges are expected to further constrain revenue and gross margins, exacerbating the company's financial position in the near term. Additionally, potential restrictions in government spending could limit Cisco's revenue growth, leading to conservative fiscal projections for the future as the company navigates these multi-year challenges.
This aggregate rating is based on analysts' research of Cisco Systems and is not a guaranteed prediction by Public.com or investment advice.
Cisco Systems (CSCO) Analyst Forecast & Price Prediction
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