Cisco Systems Inc. ($CSCO) Stock Forecast: Up 7.5% Today

What is Cisco Systems Inc.?

Cisco Systems (CSCO) is a multinational technology conglomerate known for its networking hardware, software, and telecommunications equipment. Today, CSCO experienced a strong bullish movement in the market.

Why is Cisco Systems Inc. going up?

CSCO stock is up 7.5% on Feb 13, 2025 14:36

• A Chinese hacker group's attempt to target Cisco routers briefly raised concerns, but Cisco's swift response likely reassured investors about the company's security.
• Cisco garnered $700 million in AI orders, surpassing earnings and revenue estimates for the second quarter, which prompted increased investor interest and drove the bullish activity.
• Market recovery from earlier losses, combined with Cisco's strong Q2 earnings report, contributed to the positive sentiment surrounding the stock.
• Cisco's emphasis on AI-driven advancements and its leading position in next-gen networking technology likely bolstered investor confidence in the company's future growth prospects, further fueling the bullish trend.

CSCO Price Chart

CSCO Technical Analysis

CSCO News

Chinese Hacker Group Salt Typhoon Expands Global Telecom Exploits, Targets Cisco Routers - Cisco Systems ( NASDAQ:CSCO ) , AT&T ( NYSE:T )

The Chinese hacker group, Salt Typhoon, has reportedly been exploiting vulnerabilities in routers of Cisco CSCO. The group continues to breach telecom networks and universities globally, according to a recent report.

https://www.benzinga.com/25/02/43692893/chinese-hacker-group-salt-typhoon-expands-global-telecom-exploits-targets-cisco-routers

Cisco Systems Lands $700M AI Gold Rush Amid Increased Appetite From Tech Giants: 'Build More And We Will Buy More,' Customers Tell CEO - Invesco QQQ Trust, Series 1 ( NASDAQ:QQQ ) , Cisco Systems ( NASDAQ:CSCO )

Cisco beat earnings and revenue estimates for the second quarter. Raked over $700 million in artificial intelligence orders in the six months ended Jan. 25. Get real-time earnings alerts before the market moves and access expert analysis that uncovers hidden opportunities in the post-earnings ...

https://www.benzinga.com/general/market-summary/25/02/43683299/cisco-systems-lands-700m-ai-gold-rush-amid-increased-appetite-from-tech-giants-build-more-

Markets Fight Back from Deep Selloff; APP Kills in Q4

Market indexes fought back courageously after sinking an hour before the opening bell on hotter-than-expected CPI numbers.

https://www.zacks.com/stock/news/2414962/markets-fight-back-from-deep-selloff-app-kills-in-q4

Cisco Systems ( CSCO ) Q2 Earnings and Revenues Beat Estimates

Cisco (CSCO) delivered earnings and revenue surprises of 3.30% and 0.91%, respectively, for the quarter ended January 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2414907/cisco-systems-csco-q2-earnings-and-revenues-beat-estimates

Cisco AI Push Sets The Stage For Q2 Earnings: Will Investors Buy In? - Cisco Systems ( NASDAQ:CSCO )

Cisco's AI-driven innovations put it at the center of next-gen networking ahead of its earnings report. Analysts see an 8.01% upside, but slight selling pressure hints at a potential near-term pullback. Get two weeks of free access to pro-level trading tools, including news alerts, scanners, and ...

https://www.benzinga.com/trading-ideas/technicals/25/02/43666569/cisco-ai-push-sets-the-stage-for-q2-earnings-will-investors-buy-in

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Cisco Systems Inc. Price History

27.07.2024 - CSCO Stock was down 4.5%

• The bearish movement in CSCO stock today may be linked to reports of recent waves of job cuts at Cisco Systems and other Bay Area tech firms, hinting at potential restructuring and cost-saving initiatives that could impact investor confidence.
• Broader market anxiety about the impact of automation and AI on traditional job roles fueled by negative sentiments towards tech job cuts in the Bay Area could have contributed to the sell-off in companies like Cisco Systems.
• Comparative evaluations of Cisco Systems against its industry rivals may have underlined challenges or weaknesses in CSCO's market position within the communications equipment sector, prompting investors to reassess their holdings in the company.
• Insider selling activities in different companies, including Meta, might have impacted market sentiments, as investors might interpret these actions as indications of concerns about the future prospects of these firms, including Cisco Systems.

13.01.2025 - CSCO Stock was up 7.5%

• A Chinese hacker group's attempt to target Cisco routers briefly raised concerns, but Cisco's swift response likely reassured investors about the company's security.
• Cisco garnered $700 million in AI orders, surpassing earnings and revenue estimates for the second quarter, which prompted increased investor interest and drove the bullish activity.
• Market recovery from earlier losses, combined with Cisco's strong Q2 earnings report, contributed to the positive sentiment surrounding the stock.
• Cisco's emphasis on AI-driven advancements and its leading position in next-gen networking technology likely bolstered investor confidence in the company's future growth prospects, further fueling the bullish trend.

15.01.2024 - CSCO Stock was down 2.4%

• The company announced a workforce reduction of over 4,000 jobs, possibly indicating cost-cutting measures and challenges in the telecom industry.
• A below-consensus third-quarter and FY24 adjusted EPS and sales guidance were issued by the company, which could have disappointed investors and contributed to the bearish movement.
• The company also reduced its annual revenue forecast and saw tepid demand for its networking gear, possibly reflecting an industry slowdown.
• The company's stock decline may have been affected by the softer-than-expected guidance and macro uncertainty, leading to a decrease in investor confidence.

15.07.2024 - CSCO Stock was up 6.3%

• Cisco's upbeat fourth-quarter earnings report contributed to the bullish movement, indicating strong financial performance and investor confidence in the company's future prospects.
• The announcement of a 7% reduction in staff numbers, while signaling a strategic shift towards AI and cybersecurity, may have initially raised concerns but was ultimately viewed positively by the market as a move towards more innovative and high-growth areas.
• Analyst sentiment appears divided, with some viewing Cisco as a safe haven in uncertain economic times, while others remain cautious about its long-term growth potential despite the recent positive reaction in the stock price.
• The company's partnerships with tech giants like Nvidia and investments in AI startups demonstrate a commitment to staying competitive in the rapidly evolving tech landscape, potentially driving further investor interest and market optimism.

15.07.2024 - CSCO Stock was up 6.1%

• Cisco Systems (CSCO) demonstrated a robust bullish trend today, despite the recent disclosure of layoffs and a notable staff reorganization.
• The optimistic market outlook can be linked to encouraging US Retail Sales figures, which allayed concerns about a potential economic downturn and heightened risk appetite among investors in the equities market.
• Analysts consider Cisco as a secure investment option amid uncertain economic conditions, leading investors to potentially allocate funds in the company's stock.
• The company's strategic move towards AI and cybersecurity, coupled with a continual uptrend in stock value subsequent to its earnings report, is believed to have influenced the positive market momentum, notwithstanding the layoffs.

15.07.2024 - CSCO Stock was up 6.9%

• Cisco shares surged by 7.78% following an earnings beat and restructuring plans, marking the best day for the stock since March 2020.
• The announcement of layoffs and a strategic shift towards high-growth areas like AI and cybersecurity contributed to the bullish movement.
• Despite facing a third consecutive quarter of declining revenue, the market reacted positively to Cisco's proactive measures to realign its focus and streamline operations.
• Analysts' reiteration of a neutral rating alongside the positive market response indicates a cautious optimism towards Cisco's future prospects.

15.07.2024 - CSCO Stock was up 7.7%

• Cisco Systems Inc. (CSCO) observed significant bullish momentum, recording a growth of over 10% throughout the session.
• This surge can be linked to Cisco's impressive quarterly earnings performance, surpassing expectations with fourth-quarter revenue of $13.64 billion.
• Furthermore, Cisco's restructuring strategy, involving a 7% reduction in its global workforce to support growth initiatives and streamline operations, bolstered investor confidence in the company's future trajectory.
• Investor optimism towards Cisco was strengthened by its dedication to social impact through partnerships focusing on youth hunger and promoting corporate social responsibility, underscoring a comprehensive approach to achieving business success.

15.07.2024 - CSCO Stock was up 9.7%

• Cisco Systems (CSCO) experienced a strong bullish movement today following its fourth-quarter revenue report beating consensus estimates and showing significant year-over-year growth in product orders.
• The announcement of a 14% increase in product orders, even with adjustments excluding the impact of Splunk, contributed to the positive investor sentiment towards Cisco.
• The market reacted positively to the news of Cisco cutting 7% of its global workforce, which is seen as a strategic move to streamline operations and improve profitability.
• The overall market optimism, fueled by hopes for a Fed rate cut and sustained equity momentum, also played a role in boosting Cisco's stock price today.

15.07.2024 - CSCO Stock was up 9.9%

• Cisco Systems (CSCO) stock surged today following positive developments and market sentiment:
• The company reported fourth-quarter revenue exceeding expectations, showing a 14% year-over-year growth in product orders.
• Despite a decline in revenues year-over-year, the strong performance in the Security and Services segments helped counter weaknesses in the Networking segment.
• Partnership initiatives with Cisco ThousandEyes, including efforts to address youth hunger through community impact events, garnered positive attention and showcased the company's corporate social responsibility endeavors.
• Overall, the combination of solid financial results and impactful community engagement initiatives likely contributed to the bullish movement in Cisco's stock today.

15.07.2024 - CSCO Stock was up 7.1%

• Cisco Systems (CSCO) saw a notable bullish movement during the observed period.
• The robust quarterly financial results were a key factor in boosting market confidence, surpassing projections with fourth-quarter revenue reaching $13.64 billion.
• Despite initial concerns, the decision to streamline operations by reducing 7% of its workforce in favor of expanding into AI and cybersecurity segments did not dampen the overall positive market response.
• Investor optimism towards the company's strategic redirection and cost-saving initiatives propelled the stock price upwards significantly.

15.07.2024 - CSCO Stock was up 6.9%

• Cisco Systems (CSCO) saw a strong bullish movement recently.
• The market responded positively to Cisco's announcement of layoffs and its increased focus on rapidly growing tech areas like artificial intelligence (AI) and cybersecurity.
• Despite the layoffs, investors appear to be optimistic about Cisco's strategic shift and investments in tech startups and AI infrastructure, resulting in the stock's strongest performance since 2020.
• The tech sector's market rally, combined with Cisco's earnings surpassing expectations and its restructuring initiatives, contributed to the overall bullish sentiment surrounding the stock.

15.07.2024 - CSCO Stock was up 6.8%

• Cisco Systems (CSCO) experienced a strong bullish movement following its better-than-expected quarterly performance.
• The announcement of upbeat earnings propelled the stock higher, indicating positive investor sentiment towards the company's performance.
• Additionally, the market's overall bullish sentiment, as reflected in the rise of major indexes and resilient consumer spending, further supported CSCO's upward trajectory.
• Despite the news of job cuts as Cisco shifts focus towards AI and cybersecurity, the market seemed to focus more on the positive earnings report, driving the stock price higher.