Cisco shares climb as network gearmaker raises forecast, eases tariff worries
Cisco Systems shares rose 6% on Thursday after the networking gear maker lifted its annual revenue forecast on strong AI-driven demand and reassured investors that U.S. tariffs would not have a big impact on its business.
Cisco Shares Rise on Strong Demand for AI Gear as Trump Tariffs Weigh
Cisco has a 12-month forward price-to-earnings ratio of 16.23, compared with Arista Networks 43.21. Cisco has gained over 17% in 2024, while ANET has risen more than 87% in the same period. (Reporting by Kanchana Chakravarty and Siddarth S in Bengaluru; Editing by Sriraj Kalluvila)
We have revised our Cisco Valuation to $65 per share, based on an expected EPS of $3.70 and a P/E multiple of 17.6x for ...
Cisco Chief Financial Officer Scott Herren said on a conference call with analysts that Splunk has been accretive to the ...
Cisco Systems (NASDAQ: CSCO) stock is climbing higher in Thursday's trading. Meanwhile, the S&P 500 index was up 0.5%, and ...
Cisco Systems increased its full-year revenue outlook as sales surpassed expectations in its fiscal second quarter, bolstered ...
Cisco Systems Inc. managed to put up a strong “beat and raise” in its fiscal second-quarter earnings this week, and investors took the news positively as the stock is trading at an all-time high, ...
The global IP-based networking giant, Cisco Systems Inc. CSCO, reported solid second-quarter fiscal 2025 earnings results ...
Cisco Systems, Inc. (NASDAQ:CSCO) will release its second-quarter financial results after the closing bell, on Wednesday, Feb ...
Cisco's next quarterly call, which will reflect our fiscal year 2025 third-quarter results, will be on Wednesday, May 14, ...
Cisco Systems second-quarter earnings and revenue came in higher than Wall Street expected. Analysts surveyed by FactSet were expecting earnings of 91 cents a share from revenue of $13.9 billion.
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Cisco Roars Back: Is the Tech Giant Reborn?Cisco Systems (NASDAQ: CSCO) latest earnings report exceeded analyst expectations, indicating a potential resurgence for the ...
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