Cisco Systems(CSCO)

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January Nonfarm Payrolls Well Below Expectations
ZACKS· 2025-02-07 16:46
Pre-market futures pulled slightly into the red this morning upon the release of today’s all-important Employment Situation report, even though the numbers — while lower than expected on headline — continue to depict a labor market near full employment. The Dow swung from +20 points to -20 in the moments after the report came out, the S&P 500 went from 0 to -5 points, and the Nasdaq from -2 points to -40. The small-cap Russell 2000 moved from +1 ahead of the release to -6 points currently.The quick-take on ...
BLS Jobs Numbers +143K, Unemployment Rate +4.0%
ZACKS· 2025-02-07 16:16
Friday, February 7, 2025Pre-market futures pulled slightly into the red this morning upon the release of today’s all-important Employment Situation report, even though the numbers — while lower than expected on headline — continue to depict a labor market near full employment. The Dow swung from +20 points to -20 in the moments after the report came out, the S&P 500 went from 0 to -5 points, and the Nasdaq from -2 points to -40. The small-cap Russell 2000 moved from +1 ahead of the release to -6 points curr ...
What Analyst Projections for Key Metrics Reveal About Cisco (CSCO) Q2 Earnings
ZACKS· 2025-02-07 15:21
Wall Street analysts expect Cisco Systems (CSCO) to post quarterly earnings of $0.91 per share in its upcoming report, which indicates a year-over-year increase of 4.6%. Revenues are expected to be $13.86 billion, up 8.4% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its earnings, it is vital to take ...
Cisco Named “Industrial IoT Company of the Year” in 9th Annual IoT Breakthrough Awards Program
GlobeNewswire News Room· 2025-02-06 15:00
LOS ANGELES, Feb. 06, 2025 (GLOBE NEWSWIRE) -- IoT Breakthrough, a leading market-intelligence organization that recognizes the top companies, technologies and products in the global Internet-of-Things (IoT) market, today announced that Cisco has been selected as winner of the “Industrial IoT Company of the Year” award in the 9th annual IoT Breakthrough Awards program. The 2025 IoT Breakthrough Award highlights Cisco’s commitment to building and advancing breakthrough IoT solutions that transform industrial ...
Cisco Schedules Conference Call for Q2 Fiscal Year 2025 Financial Results
Prnewswire· 2025-02-05 21:30
SAN JOSE, Calif., Feb. 5, 2025 /PRNewswire/ -- Cisco (NASDAQ: CSCO) has scheduled a conference call for Wednesday, Feb 12, 2025, at 1:30 PM (PT); 4:30 PM (ET) to announce its second quarter fiscal year 2025 financial results for the period ending Saturday, January 25, 2025.Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, February 12, 2025. Cisco's quarterly earnings press release will be posted at https://new ...
Wall Street Analysts Think Cisco (CSCO) Is a Good Investment: Is It?
ZACKS· 2025-02-04 15:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Cisco Systems (CSCO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Cisco currently has an average broker ...
Raj Juneja appointed as President of Cisco Canada
Newsfilter· 2025-01-28 13:30
Core Insights - Cisco has appointed Raj Juneja as President of Cisco Canada, effective February 1, 2025, bringing over 25 years of experience in the technology sector [1][2] - Juneja previously led Splunk's Canada business and has a strong track record of achieving double-digit growth and record-breaking performance in his roles at Salesforce and CA Technologies [2][3] - Cisco Canada has over 2,500 employees and has been recognized as the 1 Best Place to Work by Great Place to Work in 2023 and 2024, emphasizing its commitment to local impact and innovation [5] Leadership Transition - Raj Juneja takes over from Shannon Leininger, who led Cisco Canada for four years and has been appointed Vice President of Global Partner Sales at Cisco [4] Strategic Vision - Juneja expressed excitement about the role, highlighting the importance of cybersecurity and networking for future growth and success, and aims to leverage Canadian talent and innovation [2][5] - Cisco Canada is focused on delivering impact through initiatives like the Digital Impact Office and the Country Digital Acceleration Program [5] Company Overview - Cisco is a global technology leader that has been connecting and protecting organizations for over 40 years, now focusing on AI-powered solutions to enhance productivity and digital resilience [6]
CSCO Expands Cybersecurity Portfolio: Right Time to Buy the Stock?
ZACKS· 2025-01-16 18:21
Core Viewpoint - Cisco Systems has launched Cisco AI Defense to enhance security during AI transformation in enterprises, addressing risks such as data leaks and misuse of AI tools [1] Group 1: Product Launch and Market Position - The launch of Cisco AI Defense expands Cisco's cybersecurity portfolio, which includes strong demand for products like XDR, Secure Access, and Multicloud Defense suites [2] - Cisco's stock has risen 18.8% over the past 12 months, underperforming the Zacks Computer and Technology sector's return of 31.5% but outperforming the Zacks Computer – Networking industry's return of 17.8% [2] - Cisco's diverse portfolio across sectors like cybersecurity, AI infrastructure, cloud solutions, and enterprise networking is driving growth and share performance [3] Group 2: Financial Performance and Guidance - For Q2 fiscal 2025, Cisco expects revenues between $13.75 billion and $13.95 billion, with non-GAAP earnings per share between 89 cents and 91 cents [17] - The Zacks Consensus Estimate for Q2 fiscal 2025 revenues is $13.86 billion, indicating an 8.36% year-over-year growth, while earnings are expected at 91 cents per share, reflecting a 4.60% year-over-year growth [18] - For fiscal 2025, Cisco anticipates revenues of $55.3 billion to $56.3 billion, with a consensus estimate of $55.93 billion, indicating a 3.95% year-over-year growth [19] Group 3: Competitive Edge and Innovations - Cisco's innovations in wireless technology, including Wi-Fi 7 access points with built-in AI, provide secure and adaptable connectivity, enhancing smart workplace capabilities [14] - The demand for Cisco's Nexus switches, particularly the 400-gig and 800-gig models, is strengthening its position in private cloud infrastructure [13] - Cisco's software portfolio includes platforms like AppDynamics for observability and Cisco SecureX for security management, enhancing customer satisfaction and productivity through tools like Webex AI Agent [15] Group 4: Strategic Partnerships and Market Outlook - Cisco has signed a 5.5-year agreement with MGM Resorts International, enhancing guest experiences through its software solutions, showcasing Cisco's growing client base [16] - Cisco's strong partner network, including companies like Meta Platforms and Microsoft, is accelerating innovation and expanding its market presence [21] - The company's growth prospects justify its premium valuation, despite a current Value Score of C indicating a stretched valuation [9]
Cisco Unveils AI Defense to Secure the AI Transformation of Enterprises
Prnewswire· 2025-01-15 13:00
Core Viewpoint - Cisco has introduced Cisco AI Defense, a solution designed to enhance security and safety in AI transformations for enterprises, addressing emerging threats and vulnerabilities associated with AI technology [2][3]. Group 1: AI Defense Overview - Cisco AI Defense is specifically built for enterprises to develop, deploy, and secure AI applications confidently, responding to the rapid evolution of AI technology and its associated security challenges [2][4]. - The solution aims to provide a common layer of safety and security that protects every user and application, enabling enterprises to unlock AI innovation and adoption [4][6]. Group 2: Security Challenges and Needs - According to Cisco's 2024 AI Readiness Index, only 29% of surveyed individuals feel fully equipped to detect and prevent unauthorized tampering with AI, highlighting significant security gaps [3]. - The complexity of AI applications, which can be multi-model and multi-cloud, introduces new vulnerabilities that require a comprehensive security approach [3][6]. Group 3: Key Features of AI Defense - AI Defense offers capabilities such as securing access to AI applications, preventing data leakage, and safeguarding proprietary data, while providing consistent controls across various AI models [5][6]. - The solution includes automated testing for AI models to identify potential vulnerabilities and recommend safety guardrails, ensuring continuous validation against evolving threats [7][8]. Group 4: Integration and Industry Standards - Cisco AI Defense integrates seamlessly with existing data flows and is built into Cisco's Security Cloud, enhancing visibility and control over AI security at the network level [8]. - Cisco is actively involved in developing AI security industry standards, collaborating with organizations like MITRE, OWASP, and NIST to ensure accuracy and trustworthiness in protecting enterprise AI applications [8][9]. Group 5: Market Position and Availability - Cisco AI Defense represents a significant advancement in AI security, providing enterprises with full visibility of their AI assets and protection against evolving threats [9]. - The solution is set to be available in March, further solidifying Cisco's position as a leader in AI-driven security innovations [9].
Cisco Systems A Top Socially Responsible Dividend Stock And 2.7% Yield
Forbes· 2025-01-13 16:04
Group 1 - The articles focus on community guidelines aimed at fostering respectful and constructive conversations among users [1][2] - Key rules include prohibitions against false information, spam, and discriminatory comments, ensuring a safe environment for discussions [2] - Users are encouraged to stay on topic and share insights while utilizing tools to report rule violations [2]