Previous Close | 48.93 |
Open | 49.21 |
Bid | 50.26 x 2200 |
Ask | 50.23 x 1000 |
Day's Range | 48.98 - 49.66 |
52 Week Range | 45.56 - 58.19 |
Volume | |
Avg. Volume | 19,361,983 |
Market Cap | 199.504B |
Beta (5Y Monthly) | 0.85 |
PE Ratio (TTM) | 14.98 |
EPS (TTM) | 3.29 |
Earnings Date | May 15, 2024 |
Forward Dividend & Yield | 1.60 (3.25%) |
Ex-Dividend Date | Apr 03, 2024 |
1y Target Est | 48.93 |
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The outlook for CSCO stock depends on trends for cloud computing, plus corporate and telecom networks amid the shift to remote work.
Cisco Systems closed its $28 billion all-cash acquisition of cybersecurity and analytics company Splunk on Monday.
Cisco Systems completed its $28 billion all-cash acquisition of Splunk the provider of observability software, well ahead of schedule. Splunk’s results weren’t included in Cisco’s previous financial forecasts. Cisco said Monday the acquisition will be cash-flow positive (excluding certain acquisition-related costs and other expenses) and will boost non-GAAP gross margin in Cisco’s fiscal year ending July 2025.