CSCO - Cisco Systems, Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD
49.19
-0.15 (-0.30%)
At close: 4:00PM EDT

49.31 +0.12 (0.24%)
Pre-market: 4:14AM EDT

Stock chart is not supported by your current browser
Previous close49.34
Open49.35
Bid49.06 x 4000
Ask0.00 x 800
Day's range49.04 - 49.92
52-week range40.25 - 58.26
Volume15,433,810
Avg. volume20,567,596
Market cap208.191B
Beta (3Y monthly)1.10
PE ratio (TTM)18.85
EPS (TTM)2.61
Earnings date13 Nov 2019
Forward dividend & yield1.40 (2.85%)
Ex-dividend date2019-07-03
1y target est55.58
Trade prices are not sourced from all markets
  • Former Cisco CEO Chambers on Mark Hurd's Leave of Absence, Trade War, IPO Market
    Bloomberg

    Former Cisco CEO Chambers on Mark Hurd's Leave of Absence, Trade War, IPO Market

    Sep.11 -- John Chambers, founder of JC2 Ventures LLC and former chief executive officer of Cisco Systems Inc., discusses Oracle Corp. CEO Mark Hurd taking a leave of absence, global trade tensions, the health of the IPO market and alternative food sources with Bloomberg's Taylor Riggs on "BloombergTechnology."

  • Cisco Systems (CSCO) Stock Moves -0.3%: What You Should Know
    Zacks

    Cisco Systems (CSCO) Stock Moves -0.3%: What You Should Know

    Cisco Systems (CSCO) closed the most recent trading day at $49.19, moving -0.3% from the previous trading session.

  • Cisco Offered $7 Billion-Plus for DataDog As Company Prepares to IPO
    Bloomberg

    Cisco Offered $7 Billion-Plus for DataDog As Company Prepares to IPO

    (Bloomberg) -- Cisco Systems Inc. approached software company Datadog Inc. in recent weeks with a takeover offer significantly higher than the $7 billion valuation it aimed for in its initial public offering, according to people familiar with the matter.Datadog rebuffed the advance to pursue a stock listing because it felt it could be worth more as a public company over time, according the people, who requested anonymity because the talks were private. Talks between Cisco and Datadog are no longer active and Datadog is committed to going public, they said.A representative for Cisco declined to comment. Datadog couldn’t immediately be reached for comment.Cisco rose less than 1% to $49.72 at 10:12 a.m. in New York trading, for a market value of about $211 billion. Several rivals to Datadog also gained, including New Relic Inc., up 5.8%, Splunk Inc., which rose 3.9% and Elastic NV, which rose 3.1%.Datadog raised $648 million in its U.S. IPO Wednesday, selling 24 million shares for $27 each after marketing them at $24 to $26. The listing values Datadog at $7.83 billion.Software companies that power business processes have delivered some of this year’s best IPO debuts thanks to high margins and solid revenue. Zoom Video Communications Inc. and Crowdstrike Holdings Inc. have doubled in value since they began trading and are among the ten best performing offerings this year, according to data compiled by Bloomberg.In 2017, Cisco succeeded in buying a company on the eve of its IPO. It acquired AppDynamics Inc. for $3.7 billion right before the data analytics company was set to price its listing.(Updates share prices in fourth paragraph, details about IPO in fifth.)\--With assistance from Crystal Tse.To contact the reporters on this story: Liana Baker in New York at lbaker75@bloomberg.net;Gillian Tan in New York at gtan129@bloomberg.net;Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net, Liana Baker, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Financial Times

    Cisco boss rejects fears of ‘technology cold war’

    Speaking to the Financial Times, the telecoms equipment company boss said that the technology of the future would be built by American, European and Chinese providers — rejecting the idea of a “decoupling” or separation between the western and Chinese digital economies.

  • Avnet (AVT) Eyes IoT Expansion With Acquisition of Witekio
    Zacks

    Avnet (AVT) Eyes IoT Expansion With Acquisition of Witekio

    The buyout of Witekio is likely to add more capabilities in embedded software, edge computing and security to Avnet's (AVT) IoT business.

  • Oracle Unveils More Autonomous Software to Boost Cloud Growth
    Bloomberg

    Oracle Unveils More Autonomous Software to Boost Cloud Growth

    (Bloomberg) -- Oracle Corp. unveiled an operating system that runs without the need for human oversight, part of a raft of new software tools meant to ease the company’s rocky transition to cloud computing.The operating system expands Oracle’s line of autonomous products beyond databases, the company’s flagship software. Chairman Larry Ellison announced the new Linux-based product Monday during remarks at OpenWorld, Oracle’s annual user conference in San Francisco.“If you eliminate human error in autonomous systems, you eliminate data theft,” Ellison said on stage. The feature makes Oracle’s products more secure than those sold by cloud leader Amazon Web Services, he said.Ellison said the operating system, which the company’s Autonomous Database runs on, will update itself without any downtime.The world’s second-largest software maker has sought to revive sales growth after years of almost stagnant revenue. Oracle hopes that a lineup of “self-driving” programs could help differentiate the company’s offerings against products from Amazon.com Inc. and Microsoft Corp. Those companies are the top two in the market to rent storage and computing power, which is projected to reach almost $39 billion in 2019. The tools may also entice longtime Oracle customers to upgrade their technology to take advantage of artificial intelligence and machine learning capabilities.Oracle disclosed last week that Mark Hurd, one of the company’s two chief executive officers, would take a leave of absence to treat an unspecified illness. Ellison and Oracle’s other CEO, Safra Catz, said they would fill in for Hurd, who has overseen the company’s sales and marketing efforts.The Redwood City, California-based company also announced a variety of changes and new programs to bolster its partner ecosystem:Oracle unveiled an agreement with VMware Inc. to bring virtualization software to Oracle’s cloud, similar to deals VMware has signed with Microsoft and Google.Customers will be able to buy software made by other companies in the Oracle Cloud Marketplace, which may help company partners including Cisco Systems Inc. and Palo Alto Networks Inc.Oracle also said it expanded a relationship with cybersecurity company McAfee Inc. to bring its security incident software to Oracle’s infrastructure cloud.Ellison said Oracle would offer a free version of its Cloud Infrastructure, giving developers, students and others perpetual access to the company’s autonomous database, computing and storage.The company plans to launch 20 additional cloud data-center hubs, called “regions,” by the end of 2020. Ellison said the company would have more regions around the world than AWS.Oracle will let customers run the autonomous database in their own data centers next year, and unveiled new servers with updated memory components from Intel Corp.To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • The Zacks Analyst Blog Highlights: Amgen, Cisco, Berkshire Hathaway, T. Rowe Price and McKesson
    Zacks

    The Zacks Analyst Blog Highlights: Amgen, Cisco, Berkshire Hathaway, T. Rowe Price and McKesson

    The Zacks Analyst Blog Highlights: Amgen, Cisco, Berkshire Hathaway, T. Rowe Price and McKesson

  • Cisco (CSCO) Up 8% Since Last Earnings Report: Can It Continue?
    Zacks

    Cisco (CSCO) Up 8% Since Last Earnings Report: Can It Continue?

    Cisco (CSCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Top Research Reports for Amgen, Cisco & Berkshire Hathaway
    Zacks

    Top Research Reports for Amgen, Cisco & Berkshire Hathaway

    Top Research Reports for Amgen, Cisco & Berkshire Hathaway

  • Avnet & Trusted Objects to Offer Comprehensive IoT Solutions
    Zacks

    Avnet & Trusted Objects to Offer Comprehensive IoT Solutions

    Avnet (AVT) partners with Trusted Objects to ensure faster time to market, cost reduction and better security for developers seeking to secure IoT deployments in cloud, middleware and on-device.

  • Why Cisco Systems' Stock Fell 15.5% Last Month
    Motley Fool

    Why Cisco Systems' Stock Fell 15.5% Last Month

    The networking titan's strong fourth-quarter results were overshadowed by weak guidance, all due to the Chinese trade war.

  • Is Cisco Systems a Buy?
    Motley Fool

    Is Cisco Systems a Buy?

    The networking stalwart may have attractive long-term upside after its post-earnings sell-off.

  • 2 Cheap Dividend Stocks You Can Buy Right Now
    Motley Fool

    2 Cheap Dividend Stocks You Can Buy Right Now

    These companies offer big yields and the market might be discounting their growth potential.

  • Palo Alto Ups the Ante in IoT Security, to Buy Zingbox
    Zacks

    Palo Alto Ups the Ante in IoT Security, to Buy Zingbox

    The acquisition is expected to boost Palo Alto's (PANW) Cortex platform by implementing Zingbox's cloud-based service and advanced AI and ML technology into its security offerings.

  • Better Buy: Cisco Systems vs. IBM
    Motley Fool

    Better Buy: Cisco Systems vs. IBM

    Which tech stalwart is a more stable investment for a volatile market?

  • Uber, Lyft and Slack have made two big errors: former Cisco CEO
    Yahoo Finance

    Uber, Lyft and Slack have made two big errors: former Cisco CEO

    Tech titan John Chambers weighs in on Uber and Lyft, both of which have seen their stock prices under severe pressure since initial public offerings this year.

  • The 10 Biggest IoT Stocks
    Motley Fool

    The 10 Biggest IoT Stocks

    If you're looking for a list of Internet of Things stocks to buy, these 10 companies are a good place to start.

  • Apple Roundup: 3P Repairs, China Tariffs, September Event, Privacy
    Zacks

    Apple Roundup: 3P Repairs, China Tariffs, September Event, Privacy

    Apple is opening up to the idea of third-party repairs, the trade war headwind looms larger, its product launch event is scheduled for Sep 10 and it apologizes for privacy missteps.

  • Palo Alto (PANW) to Report Q4 Earnings: What's in the Cards?
    Zacks

    Palo Alto (PANW) to Report Q4 Earnings: What's in the Cards?

    Palo Alto's (PANW) fourth-quarter fiscal 2019 results are likely to be driven by its strong product portfolio, which is aiding customer acquisitions.

  • Cisco Sets Itself Up for Success
    Motley Fool

    Cisco Sets Itself Up for Success

    Cisco is changing gears to stimulate long-term growth.

  • Marvell Stock Fell Due to Lower Guidance, Huawei Ban
    Market Realist

    Marvell Stock Fell Due to Lower Guidance, Huawei Ban

    Marvell stock lost more than 6.8% in after-hours trading on Thursday. The company posted upbeat results for the second quarter of fiscal 2020.

  • HPE Stock Rose Due to Earnings Beat, Raised Guidance
    Market Realist

    HPE Stock Rose Due to Earnings Beat, Raised Guidance

    On Tuesday, HPE reported upbeat second-quarter earnings after the market bell. The stock gained 5.57% in after-hours trading.

  • Cisco (CSCO) to Take Over CloudCherry, Expand Portfolio
    Zacks

    Cisco (CSCO) to Take Over CloudCherry, Expand Portfolio

    Cisco's (CSCO) strategic acquisitions should support the company in expanding product offerings, strengthening footprint in the security markets and building customer base.

  • Fortinet Extends Support for VMware to Boost Cloud Security
    Zacks

    Fortinet Extends Support for VMware to Boost Cloud Security

    With the extension of partnership, Fortinet (FTNT) will provide consistent security and monitoring for East-West traffic in addition to the already existing North-South traffic.