Cisco (CSCO)

• Market cap: $238B
• 1 day: 1.48%
• 5 days: 1.94%
• 1 month: 1.89%
• 3 months: 13.96%
• 6 months: 26.59%
• Year to date: 18.49%
• 1 year: 19.03%
• 5 years: 25.26%
• 10 years: 111.48%
• Sector: Information Technology
• Industry: Computer Communications Equipment

About: Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff-25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.

Employees: 90,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

21% more funds holding in top 10

Funds holding in top 10: 43 [Q2] → 52 (+9) [Q3]

18% more call options, than puts

Call options by funds: $2.91B | Put options by funds: $2.46B

7% more capital invested

Capital invested by funds: $146B [Q2] → $156B (+$10B) [Q3]

4% more first-time investments, than exits

New positions opened: 191 | Existing positions closed: 183

0% more funds holding

Funds holding: 2,994 [Q2] → 3,002 (+8) [Q3]

3.28% less ownership

Funds ownership: 75.56% [Q2] → 72.28% (-3.28%) [Q3]

25% less repeat investments, than reductions

Existing positions increased: 1,081 | Existing positions reduced: 1,449

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $56 6% downside
• Avg. target: $65 8% upside
• High target: $78 30% upside

9 analyst ratings

• positive: 5 56%
• neutral: 4 44%
• negative: 0 0%

Morgan Stanley Meta Marshall 58% 1-year accuracy 15 / 26 met price target	14% upside $68	Overweight Maintained	17 Dec 2024
Citigroup Atif Malik 43% 1-year accuracy 19 / 44 met price target	7% upside $64	Buy Maintained	14 Nov 2024
B of A Securities Tal Liani 47% 1-year accuracy 9 / 19 met price target	20% upside $72	Buy Maintained	14 Nov 2024
UBS David Vogt 36% 1-year accuracy 4 / 11 met price target	4% upside $62	Neutral Maintained	14 Nov 2024
Wells Fargo Aaron Rakers 56% 1-year accuracy 18 / 32 met price target	0% upside $60	Equal-Weight Maintained	14 Nov 2024