CSCO Stock Recent News
CSCO LATEST HEADLINES
Finding stocks that trade at discounts can set investors up for significant gains in the long run. The stocks listed here are facing headwinds right now, but their growth prospects remain promising.
Cisco's acquisition of Splunk, valued at $28 billion, is expected to enhance Cisco's gross margins and revenue growth despite a $5.74 billion premium paid on the acquisition. The deal will boost Cisco's gross margins from 64.7% to 66.5% by 2029, driven by Splunk's higher software-focused gross margins. We expect Cisco's revenue growth to increase to 6.3% on average through 2029, significantly benefiting from Splunk's integration and cross-selling opportunities.
Cisco Systems, Inc. (NASDAQ:CSCO ) Goldman Sachs Communacopia + Technology Conference September 10, 2024 11:10 AM ET Company Participants Scott Herren - EVP and CFO Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Great. Well, thank you everybody.
Cisco (CSCO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors
The collaboration between HON and Cisco aims to simplify building operations, optimize energy use and improve employee comfort and GHG emissions.
Cisco (CSCO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The Nasdaq 100 closed lower by over 1% during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.
High-yield dividend stocks are poised for a potential rally as interest rates are expected to fall. Royal Bank of Canada, Cisco Systems, and Archer-Daniels-Midland could be prime beneficiaries of this upcoming catalyst.
The tech stock selloff that began last month took the wind out of the sails of many previous high fliers.