Cisco Systems (CSCO)
(Delayed Data from NSDQ)
$50.74 USD
+0.52 (1.04%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $50.67 -0.07 (-0.14%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth B Momentum C VGM
Cisco Systems (CSCO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$55.35 | $76.00 | $48.00 | 10.22% |
Price Target
Based on short-term price targets offered by 20 analysts, the average price target for Cisco Systems comes to $55.35. The forecasts range from a low of $48.00 to a high of $76.00. The average price target represents an increase of 10.22% from the last closing price of $50.22.
Analyst Price Targets (20)
Broker Rating
Cisco Systems currently has an average brokerage recommendation (ABR) of 2.34 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 25 brokerage firms. The current ABR compares to an ABR of 2.48 a month ago based on 24 recommendations.
Of the 25 recommendations deriving the current ABR, seven are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 28% and 8% of all recommendations. A month ago, Strong Buy made up 20.83%, while Buy represented 8.33%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 5 | 5 | 5 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 16 | 16 | 17 | 17 | 17 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.34 | 2.34 | 2.48 | 2.48 | 2.48 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/16/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
8/15/2024 | Goldman Sachs | Michael Ng | Hold | Hold |
8/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/15/2024 | Rosenblatt Securities | Michael E Genovese | Hold | Hold |
8/15/2024 | KeyBanc Capital Markets | Thomas Blakey | Hold | Hold |
8/15/2024 | Needham & Company | Bruce A Henderson | Hold | Hold |
8/15/2024 | New Street Research | Pierre C Ferragu | Hold | Strong Buy |
8/14/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/14/2024 | Piper Sandler | James Fish | Hold | Hold |
8/8/2024 | Raymond James | Simon M Leopold | Hold | Hold |
6/5/2024 | Evercore Partners | Amit Daryanani | Strong Buy | Strong Buy |
5/17/2024 | Not Identified | Not Identified | Hold | Hold |
5/16/2024 | Wells Fargo Securities | Aaron Rakers | Hold | Hold |
5/16/2024 | William Blair | Jason N Ader | Hold | Hold |
5/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/13/2024 | Exane BNP Paribas | Karl Ackerman | Strong Sell | Hold |
4/12/2024 | Not Identified | Not Identified | Hold | Hold |
3/15/2024 | JMP Securities | Erik L Suppiger | Hold | Hold |
1/8/2024 | Not Identified | Not Identified | Not Available | Hold |
11/16/2023 | UBS | David Vogt | Hold | Hold |
9/22/2023 | Tigress Financial Partners | Ivan Feinseth | Moderate Buy | Moderate Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.34 |
ABR (Last week) | 2.34 |
# of Recs in ABR | 25 |
Average Target Price | $55.50 |
LT Growth Rate | 4.40% |
Industry | Computer - Networking |
Industry Rank by ABR | 81 of 253 |
Current Quarter EPS Est: | 0.87 |