Cisco has experienced significant growth and market dominance over the years, with key statistics reflecting its success. In 2024, Cisco reached a market capitalization of $224 million five years after launching its first product. The company became the first Silicon Valley company to reach a market capitalization of over $500 billion in 2000. Despite setbacks … Read more
The AI-driven storage market is experiencing significant growth, fueled by increased R&D spending globally. The market is forecasted to see high demand due to the rise in data volumes and the adoption of data analytics for decision-making. Businesses are increasingly utilizing cloud-based services for storage, leading to a surge in demand for AI-powered storage solutions. … Read more
Cisco Systems, Inc. (NASDAQ:CSCO) has received a “Hold” rating from twenty-one rating firms, with one analyst giving a sell rating, fourteen assigning hold ratings, and six assigning buy ratings. The average 1-year price target is $56.47. Several stock analysts have commented on CSCO stock, with recent downgrades and price target adjustments. The company’s shares were … Read more
/cloudfront-us-east-1.images.arcpublishing.com/morningstar/GG3LLEIRLBBGNJDCL5XALA75PE.png?w=1200&resize=1200,675&ssl=1 "Cisco Reports Strong Earnings And Positive Outlook, Splunk Inclusion Supports Our Long-Term Thesis")
In a recent article by Morningstar, the Key Metrics for Cisco Systems were discussed. Despite weak networking demand caused by over-orders from customers in 2022 and 2023, Cisco’s fiscal third-quarter results were in line with expectations. The integration of the Splunk acquisition into the model following its closure in March contributed to a positive outlook. … Read more
Atiqur Rahman has been appointed as the new leader for Cisco in Bangladesh, as reported by the Daily Sun. Rahman brings with him a wealth of experience and expertise in the field, making him a valuable addition to the team. His appointment is seen as a strategic move by Cisco to strengthen its presence in … Read more
The global Security System Integrators market is experiencing significant growth and is expected to continue with a substantial compound annual growth rate (CAGR). By the end of the forecast period, the market is expected to reach USD 1 billion. The report provides a comprehensive analysis of the market, including market size, segmentation, competitive landscape, and … Read more
OneAscent Wealth Management LLC reported an increase in its holdings of Cisco Systems, Inc. shares in the first quarter, with a total of 4,370 shares valued at $218,000. Other institutional investors, including Charles Schwab Investment Management Inc. and Norges Bank, have also made adjustments to their holdings in Cisco Systems. Several Wall Street analysts have … Read more
The New Mexico Educational Retirement Board recently made a significant investment by purchasing 32,200 shares of Cisco Systems, Inc., a leading company in the technology industry. This move indicates confidence in Cisco’s performance and future growth potential. The market is currently showing signs of acceleration, with various sectors experiencing upward momentum. Investors are closely monitoring … Read more
First Bank & Trust reduced its stake in Cisco Systems, Inc. by 34.4% during the first quarter, according to the company’s recent filing with the SEC. The institutional investor sold 6,867 shares of the network equipment vendor, bringing their total holdings to 13,072 shares worth $652,000 at the end of the quarter. Other hedge funds … Read more
Griffin Asset Management Inc. increased its stake in Cisco Systems by 3.9% in the first quarter, adding 313 shares to their holdings, bringing the total to 8,348 shares worth $417,000. Other institutional investors and hedge funds also made changes to their positions in Cisco Systems, including Mcintyre Freedman & Flynn Investment Advisers Inc., Hyman Charles … Read more