Cisco (CSCO)

• Market cap: $258B
• 1 day: 1.61%
• 5 days: 2.77%
• 1 month: 9.34%
• 3 months: 12.00%
• 6 months: 42.76%
• Year to date: 9.76%
• 1 year: 29.02%
• 5 years: 38.11%
• 10 years: 121.32%
• 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)

35% more first-time investments, than exits

New positions opened: 192 | Existing positions closed: 142

21% more funds holding in top 10

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

19% more call options, than puts

Call options by funds: $2.95B | Put options by funds: $2.48B

7% more capital invested

Capital invested by funds: $147B [Q2] → $157B (+$10.4B) [Q3]

0% more funds holding

Funds holding: 3,000 [Q2] → 3,011 (+11) [Q3]

3.19% less ownership

Funds ownership: 76.17% [Q2] → 72.98% (-3.19%) [Q3]

25% less repeat investments, than reductions

Existing positions increased: 1,084 | Existing positions reduced: 1,453

Research analyst outlook

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

• Low target: $61 6% downside
• Avg. target: $70 8% upside
• High target: $80 23% upside

9 analyst ratings

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

Citigroup Atif Malik 61% 1-year accuracy 31 / 51 met price target	9% upside $71	Buy Maintained	13 Feb 2025
Rosenblatt Mike Genovese 64% 1-year accuracy 23 / 36 met price target	23% upside $80	Buy Upgraded	13 Feb 2025
Goldman Sachs Michael Ng 75% 1-year accuracy 21 / 28 met price target	3% downside $63	Neutral Maintained	13 Feb 2025
JP Morgan Samik Chatterjee 62% 1-year accuracy 41 / 66 met price target	13% upside $73	Overweight Maintained	13 Feb 2025
Piper Sandler James Fish 83% 1-year accuracy 19 / 23 met price target	11% upside $72	Neutral Maintained	13 Feb 2025