A leap forward in wireless: AI-native, self-configuring and built for resilient, secure connectionsNews Summary: Cisco introduces Wi-Fi 7 access points, with the intelligence, security and assurance of Cisco's advanced networking portfolio. New AI-native wireless is location-aware, instantly adapts to any environment and continuously optimizes—with the power of Cisco Spaces built in to create smart workplaces. Unified subscription and hardware give Cisco customers ultimate flexibility by offering a seamles ...

Core Viewpoint - Cisco Systems (CSCO) is expected to report first-quarter fiscal 2025 results on November 13, with anticipated revenues between $13.65 billion and $13.85 billion and non-GAAP earnings between 86 and 88 cents per share [1]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for revenues is $13.76 billion, reflecting a 6.17% decline from the previous year's quarter. The consensus for earnings is steady at 87 cents per share, indicating a year-over-year decline of 21.62% [2]. - Cisco's earnings have surpassed the Zacks Consensus Estimate in the last four quarters, with an average beat of 4.93% [2]. Key Factors Impacting Earnings - Cisco is facing sluggish networking sales due to weak demand from telecommunications and cable service providers, along with excess inventory affecting growth [4]. - In Q4 fiscal 2024, Cisco reported revenues of $13.64 billion, down 10.3% year-over-year, primarily due to a 15.4% decline in product revenues, which constituted 72.3% of total revenues [4]. Segment Performance - The Zacks Consensus Estimate for networking revenues is $6.909 billion, indicating a 21.7% year-over-year decline. Collaboration revenues are estimated at $1.065 billion, reflecting a 4.7% decline [5]. - Conversely, security revenues are expected to reach $1.816 billion, driven by strong demand for solutions like XDR, Secure Access, and Multicloud Defense [6][5]. Stock Performance - Cisco shares have increased 14.9% year-to-date, underperforming the Zacks Computer & Technology sector's 30.4% increase but outperforming the Computer Networking industry's 14.2% return [7]. - The current Price/Sales ratio for Cisco is 4.12, higher than the industry's 3.58, indicating a stretched valuation [7]. Growth Opportunities - The rise in AI-related workloads presents a significant growth opportunity for Cisco, with a total market opportunity of $950 billion and expected CAGRs of 6% in current markets and 16% in expansion markets from 2025 to 2027 [9]. - Cisco's investments in AI, cloud, and cybersecurity are notable, with over $1 billion in AI orders from hyperscalers and a similar amount in the pipeline for fiscal 2025 [10]. Security Segment Insights - The security segment is projected to grow with a CAGR of 8% in current markets and 14% in expansion markets from 2025 to 2027, bolstered by the Splunk acquisition [11]. - Cisco's addressable market in the infrastructure domain is estimated at $221 billion, benefiting from the increasing use of AI and cloud technologies [12]. Long-term Prospects - Recovery in networking demand is expected to enhance Cisco's long-term prospects, with innovations in switching, routing, security, and observability aiding customer automation [13]. - A strong partner base, including collaborations with Meta Platforms, Microsoft, NVIDIA, and AT&T, is crucial for Cisco's growth [14]. Conclusion - While near-term results may be impacted by sluggish networking business, Cisco's expanding portfolio, growth in cybersecurity, and strong partnerships are key catalysts for potential recovery in fiscal 2025 [17].

Group 1 - Cisco Systems Inc's shares are up 1.6% in pre-market trading after J.P. Morgan upgraded the stock to "overweight" and raised the price target to $66 from $55, citing recovering demand for enterprise networking solutions [1] - Since the beginning of 2024, Cisco's stock has increased by 14.9%, with a 27.7% rise over the last three months, reaching a high of $58.30 on November 7, the highest level since January 2022 [2] - Despite a solid technical foundation, analysts have been generally pessimistic, with 13 out of 21 brokerages rating the stock as a "hold" and a 12-month consensus target price of $57.24, indicating a 1.4% discount to the recent close [3] Group 2 - Options traders are anticipating relatively low volatility for Cisco, as indicated by the Schaefer's Volatility Index (SVI) of 25%, which is in the low 23rd percentile of readings from the past 12 months [4]

Wall Street analysts forecast that Cisco Systems (CSCO) will report quarterly earnings of $0.87 per share in its upcoming release, pointing to a year-over-year decline of 21.6%. It is anticipated that revenues will amount to $13.76 billion, exhibiting a decline of 6.2% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial ...

HERNDON, Va., Nov. 4, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has been recognized with five partner awards at the 2024 Cisco Partner Summit, including Global Mass Scale Infrastructure Partner of the Year, Americas Mass Scale Infrastructure Partner of the Year, U.S. East Collaboration Partner of the Year, U.S. East Software Partner of the Year and U.S. Northeast Partner of the Year. Cisco Partner Awards recognize top-performing partners demonstrating service excellen ...

. ● . OnX Wins 2024 Cisco Partner of the Year for Canada OnX's decade of consistent double-digit growth, driven by prioritizing client needs and delivering effective IT solutions and results, is exemplified in this recognition. October 30, 2024 3:00 PM EDT | Source: OnX Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - OnX is proud to announce that it has been recognized as the 2024 Cisco Partner of the Year in Canada. Cisco Partner Awards recognize top-performing partners demonstrating service excell ...

Consumer awareness is on the rise. This year, 53% report being aware of their national privacy laws, a 17-percentage point increase compared to 2019. Informed consumers are also much more likely to feel their data is protected (81%) compared to those who are unaware (44%).   "Our survey highlights the importance of privacy awareness in building consumer trust in brands and AI technologies," says Harvey Jang, Cisco Vice President and Chief Privacy Officer. "Nearly 60% of consumers aware of privacy laws are c ...

SAN JOSE, Calif., Oct. 29, 2024 /PRNewswire/ -- Cisco (NASDAQ: CSCO) has scheduled a conference call for Wednesday, Nov 13, 2024, at 1:30 PM (PT); 4:30 PM (ET) to announce its first quarter and fiscal year 2025 financial results for the period ending Saturday, October 26, 2024. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, November 13, 2024. Cisco's quarterly earnings press release will be posted at https: ...

Will transform how Cisco and its Partners create, deliver, and capture value in the age of AI. Cisco 360 Partner Program: connects partners' success to how they meet customers' needs and ambitions as they modernize their infrastructure, power AI workloads anywhere, and keep their organizations secure, resilient, and high-performing. Simplified, elevated, comprehensive: the new program encourages collaboration across the partner ecosystem and elevates partners' stature with customers through a simplified par ...

In this articleCSCOFANGETThe Cisco logo is on display at the Mobile World Congress in Barcelona, Spain, on February 26, 2024. Charlie Perez | Nurphoto | Getty ImagesInvestors seeking stable income and diversification may appreciate adding dividend stocks to their portfolio.Finding the right names takes some additional legwork, and investors will want to consider the names highlighted by Wall Street analysts. These professionals make recommendations after thoroughly analyzing a company's financial strength a ...