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Cisco (CSCO) stock forecast for 2024
Updated: April 25, 2024 (10:54)
Sector: TechnologyThe share price of Cisco Systems, Inc. (CSCO) now
50/200 Day Moving Average: $49.03 / $51.42
This figure corresponds to the Average Price over the previous 50/200 days. For Cisco stocks, the 50-day moving average is the resistance level today.
For Cisco stocks, the 200-day moving average is the resistance level today.
Are you interested in Cisco Systems, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Cisco stock price in 2024. How much will one Cisco share be worth in 2024? Is it worth taking profit / loss on CSCO stock now or waiting? What are analysts' forecasts for Cisco stock?
We forecast Cisco stock performance using neural networks based on historical data on CSCO stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Cisco Systems, Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Cisco analysts is $50.41. Today 200 Day Moving Average is the resistance level (51.42 $). 50 Day Moving Average is the resistance level (49.03 $).
Historical and forecast chart of Cisco Systems, Inc. stock
The chart below shows the historical price of Cisco stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the CSCO stock price can be found in the table below.
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Unlocking Cisco’s Future: Navigating CSCO Stock Predictions for 2024
As investors turn their gaze towards Cisco Systems, Inc. (NASDAQ: CSCO), the quest for an accurate CSCO stock forecast for 2024 unfolds with various degrees of speculation and anticipation. Amidst the fluctuating dynamics of the tech sector, estimating CSCO’s stock price prediction becomes a blend of art and science, influenced by the company’s strategic moves and the broader economic backdrop.
Key Influencers on Cisco’s Stock Trajectory in 2024
A critical look at Cisco’s earnings, operations, and strategic initiatives reveals factors that will likely pivot CSCO stock rates in 2024. Notably, Cisco’s Q1 2024 earnings reflected growth in revenue and EPS, signaling positive momentum. However, the anticipation of a softer Q2, with expected declines in both earnings and revenue, introduces a note of caution. This seesaw pattern underscores the complexity of making a precise CSCO stock forecast.
The company’s focus on artificial intelligence (AI) and advancements in Ethernet technologies are poised to revolutionize data center efficiency and network speeds. These strides towards sustainability and enhanced network visibility stand as potent catalysts that could reshape the CSCO price target, especially as their implications for AI training and network infrastructure become clearer.
Yet, the balance sheet is laden with more liabilities than equity, and the uncertainty surrounding the economic landscape injects an element of risk into any CSCO stock price prediction. While the acquisition of Splunk Inc. (SPLK) and a concerted pivot towards groundbreaking technologies are promising, investors are reminded of the volatile terrain of tech investments.
As 2024 unfolds, the CSCO stock forecast hinges on the company’s ability to navigate operational challenges, capitalize on its strategic initiatives, and adapt to macroeconomic shifts. With these factors at play, forecasting CSCO rates is optimistic but realistic in its acknowledgement of underlying uncertainties. Cisco’s journey through 2024 will be a litmus test for its resilience and innovativeness in a rapidly evolving tech landscape.
Cisco (CSCO) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May | 49.78 | 46.75 | 52.97 | 11.73 % |
| Jun | 49.22 | 47.06 | 51.19 | 8.08 % |
| Jul | 50.01 | 48.45 | 52.01 | 6.85 % |
| Aug | 49.89 | 48.93 | 52.09 | 6.05 % |
| Sep | 51.21 | 50.27 | 52.40 | 4.07 % |
| Oct | 53.58 | 51.53 | 55.26 | 6.75 % |
| Nov | 56.16 | 54.99 | 57.59 | 4.52 % |
| Dec | 54.76 | 51.96 | 58.22 | 10.76 % |
Cisco information and performance
170 WEST TASMAN DR, SAN JOSE, CA, US
Market capitalization of the Cisco Systems, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CSCO shares in the company outstanding by the market price of one share.
EBITDA of Cisco is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Cisco price target for 2024 by month
Target values for the price of one Cisco share for May 2024.
In May, the Positive dynamics for Cisco Systems, Inc. shares will prevail with possible monthly volatility of 11.729% volatility is expected.
Pessimistic target level: 46.75
Optimistic target level: 52.97
Target values for the price of one Cisco share for Jun 2024.
In Jun, the Negative dynamics for Cisco Systems, Inc. shares will prevail with possible monthly volatility of 8.077% volatility is expected.
Pessimistic target level: 47.06
Optimistic target level: 51.19
Target values for the price of one Cisco share for Jul 2024.
In Jul, the Positive dynamics for Cisco Systems, Inc. shares will prevail with possible monthly volatility of 6.846% volatility is expected.
Pessimistic target level: 48.45
Optimistic target level: 52.01
Target values for the price of one Cisco share for Aug 2024.
In Aug, the Negative dynamics for Cisco Systems, Inc. shares will prevail with possible monthly volatility of 6.054% volatility is expected.
Pessimistic target level: 48.93
Optimistic target level: 52.09
Target values for the price of one Cisco share for Sep 2024.
In Sep, the Positive dynamics for Cisco Systems, Inc. shares will prevail with possible monthly volatility of 4.066% volatility is expected.
Pessimistic target level: 50.27
Optimistic target level: 52.40
Target values for the price of one Cisco share for Oct 2024.
In Oct, the Positive dynamics for Cisco Systems, Inc. shares will prevail with possible monthly volatility of 6.749% volatility is expected.
Pessimistic target level: 51.53
Optimistic target level: 55.26
Target values for the price of one Cisco share for Nov 2024.
In Nov, the Positive dynamics for Cisco Systems, Inc. shares will prevail with possible monthly volatility of 4.524% volatility is expected.
Pessimistic target level: 54.99
Optimistic target level: 57.59
Target values for the price of one Cisco share for Dec 2024.
In Dec, the Negative dynamics for Cisco Systems, Inc. shares will prevail with possible monthly volatility of 10.760% volatility is expected.
Pessimistic target level: 51.96
Optimistic target level: 58.22
Cisco (CSCO) stock dividend
Cisco last paid dividends on 04/03/2024. The next scheduled payment will be on 04/24/2024. The amount of dividends is $1.56 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
