CiscoCSCO
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 Q4 regulatory filings by fund managers ($100M+ AUM)
272% more first-time investments, than exits
New positions opened: 368 | Existing positions closed: 99
106% more funds holding in top 10
Funds holding in top 10: 52 [Q3] → 107 (+55) [Q4]
15% more capital invested
Capital invested by funds: $157B [Q3] → $182B (+$24.2B) [Q4]
12% more call options, than puts
Call options by funds: $3.28B | Put options by funds: $2.93B
4% more funds holding
Funds holding: 3,019 [Q3] → 3,139 (+120) [Q4]
1.97% more ownership
Funds ownership: 72.99% [Q3] → 74.96% (+1.97%) [Q4]
19% less repeat investments, than reductions
Existing positions increased: 1,112 | Existing positions reduced: 1,369
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Citigroup Atif Malik 69% 1-year accuracy 35 / 51 met price target | 11%upside $71 | Buy Maintained | 13 Feb 2025 |
Rosenblatt Mike Genovese 76% 1-year accuracy 29 / 38 met price target | 25%upside $80 | Buy Upgraded | 13 Feb 2025 |
Goldman Sachs Michael Ng 80% 1-year accuracy 24 / 30 met price target | 2%downside $63 | Neutral Maintained | 13 Feb 2025 |
JP Morgan Samik Chatterjee 62% 1-year accuracy 41 / 66 met price target | 14%upside $73 | Overweight Maintained | 13 Feb 2025 |
Piper Sandler James Fish 79% 1-year accuracy 19 / 24 met price target | 13%upside $72 | Neutral Maintained | 13 Feb 2025 |
Financial journalist opinion
Based on 79 articles about CSCO published over the past 30 days
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