Fintel reports that on February 13, 2025, Rosenblatt upgraded their outlook for Cisco Systems (NasdaqGS:CSCO) from Neutral to Buy.
Analyst Price Forecast Suggests 2.35% Upside
As of January 28, 2025, the average one-year price target for Cisco Systems is $64.00/share. The forecasts range from a low of $53.42 to a high of $81.90. The average price target represents an increase of 2.35% from its latest reported closing price of $62.53 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Cisco Systems is 59,642MM, an increase of 10.09%. The projected annual non-GAAP EPS is 4.12.
What is the Fund Sentiment?
There are 4,607 funds or institutions reporting positions in Cisco Systems. This is an increase of 162 owner(s) or 3.64% in the last quarter. Average portfolio weight of all funds dedicated to CSCO is 0.60%, an increase of 4.96%. Total shares owned by institutions increased in the last three months by 0.89% to 3,300,926K shares. 
The put/call ratio of CSCO is 0.69, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 114,893K shares representing 2.88% ownership of the company. In its prior filing, the firm reported owning 115,085K shares , representing a decrease of 0.17%. The firm increased its portfolio allocation in CSCO by 5.04% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 105,518K shares representing 2.65% ownership of the company. In its prior filing, the firm reported owning 103,926K shares , representing an increase of 1.51%. The firm increased its portfolio allocation in CSCO by 4.67% over the last quarter.
Geode Capital Management holds 95,621K shares representing 2.40% ownership of the company. In its prior filing, the firm reported owning 95,630K shares , representing a decrease of 0.01%. The firm decreased its portfolio allocation in CSCO by 43.91% over the last quarter.
Charles Schwab Investment Management holds 80,519K shares representing 2.02% ownership of the company. In its prior filing, the firm reported owning 82,720K shares , representing a decrease of 2.73%. The firm increased its portfolio allocation in CSCO by 4.59% over the last quarter.
Invesco Qqq Trust, Series 1 holds 78,242K shares representing 1.96% ownership of the company. In its prior filing, the firm reported owning 77,595K shares , representing an increase of 0.83%. The firm increased its portfolio allocation in CSCO by 10.49% over the last quarter.
Cisco Systems Background Information
(This description is provided by the company.)
Cisco is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
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This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
