On Nov 14, major Wall Street analysts update their ratings for $Cisco (CSCO.US)$, with price targets ranging from $60 to $72.
Morgan Stanley analyst Meta Marshall maintains with a buy rating, and adjusts the target price from $58 to $62.
J.P. Morgan analyst Samik Chatterjee maintains with a buy rating, and maintains the target price at $66.
BofA Securities analyst Tal Liani maintains with a buy rating, and adjusts the target price from $60 to $72.
Citi analyst Atif Malik maintains with a buy rating, and adjusts the target price from $62 to $64.
UBS analyst David Vogt maintains with a hold rating, and adjusts the target price from $55 to $62.
Furthermore, according to the comprehensive report, the opinions of $Cisco (CSCO.US)$'s main analysts recently are as follows:
Cisco's Q1 performance surpassed expectations, primarily due to Splunk's better-than-anticipated results. The significance of the U.S. Federal sector was noted as a point of interest. Overall, the sentiment from the quarter's results reinforced a positive outlook on the company.
Cisco's Q1 revenue contraction of 5.6% surpassed the predicted 6.1% decrease, while earnings per share surpassed the consensus. The company's FY25 revenue forecast saw an approximate $200M increase, largely reflecting this beat. Analysts note potential for growth acceleration in the latter half of the year, driven by robust order growth in Cloud/AI and Security, leading to adjustments in their financial models to account for these enhanced business trends.
Cisco's product orders have shown an increase of 9% excluding Splunk, a rise from the 6% observed in the previous quarter, indicating a positive turn in the company's business trajectory. Despite the timing of AI revenue recognition being somewhat uncertain, the expectation is that this revenue will begin being accounted for in the second half of 2025. Although the update on AI is encouraging, the notably high gross margins reported in the quarter, along with the forecasted 68%-69% for FY25, may require a cautious interpretation.
Post the fiscal Q1 report, the shares experienced a 3% decline in trading, as reactions were mixed to a modest earnings surpass and heightened expectations. This was in the context of better than anticipated artificial intelligence orders and encouraging signs in core networking orders, contrasted by a modestly enhanced fiscal 2025 growth forecast and a steady artificial intelligence guidance. The perceived 'mixed' results are seen to be eclipsed by the potential advantages to Cisco from a burgeoning artificial intelligence networking opportunity and more appealing valuation.
Cisco's recent fiscal Q1 sales results met expectations, and its earnings exceeded forecasts due to better-than-anticipated margins. Despite the expectation for greater order growth excluding certain acquisitions, it appears that the company's overall business has reached a stable state. Nonetheless, projections for growth by fiscal 2025 seem to be restrained, even when considering less challenging comparisons.
Here are the latest investment ratings and price targets for $Cisco (CSCO.US)$ from 7 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間11月14日，多家華爾街大行更新了$思科 (CSCO.US)$的評級，目標價介於60美元至72美元。
摩根士丹利分析師Meta Marshall維持買入評級，並將目標價從58美元上調至62美元。
摩根大通分析師Samik Chatterjee維持買入評級，維持目標價66美元。
美銀證券分析師Tal Liani維持買入評級，並將目標價從60美元上調至72美元。
花旗分析師Atif Malik維持買入評級，並將目標價從62美元上調至64美元。
瑞士銀行分析師David Vogt維持持有評級，並將目標價從55美元上調至62美元。
此外，綜合報道，$思科 (CSCO.US)$近期主要分析師觀點如下：
思科第一季度的表現超出預期，主要得益於splunk業績超出預期。美國聯邦板塊的重要性被認爲是一個關注點。整體來看，本季度的業績情緒加強了對公司的積極前景。
思科第一季度的營業收入收縮5.6%，超出預測的6.1%下降，同時每股收益超出預期。公司2025財年的營業收入預測增加約20000萬美元，主要反映了這一超出預期的表現。分析師指出，預計下半年將出現增長加速的潛力，這得益於雲/人工智能和安防-半導體的強勁訂單增長，使得他們的財務模型進行了調整，以考慮這些業務趨勢的改善。
思科的產品訂單在不考慮splunk的情況下增長了9%，相比前一季度的6%有所上升，表明公司的業務軌跡出現積極轉變。儘管人工智能營業收入確認的時機仍有些不確定，但預計該收入將在2025年下半年開始入賬。儘管關於人工智能的更新令人鼓舞，但本季度報告的明顯高毛利率，以及對2025財年68%-69%的預測，可能需要謹慎解讀。
在財務第一季度報告發布後，股價出現3%的交易下跌，因對溫和的超預期收益和提高的預期反應不一。這是在人工智能訂單超出預期和核心網絡訂單出現良好跡象的背景下，受到了2025財年增速預測略微上調和穩定的人工智能指導影響。這種被認爲的'不一'結果似乎被對思科從日益增長的人工智能網絡機會和更具吸引力的估值所帶來的潛在優勢所掩蓋。
思科最近的財務第一季度銷售結果符合預期，且由於超出預期的毛利率，盈利超過了預測。儘管預期在排除某些收購的情況下訂單增長會更大，但似乎公司的整體業務已達到穩定狀態。然而，即使考慮到較不具挑戰性的比較，到2025財年的增長預測似乎依然受到限制。
以下爲今日7位分析師對$思科 (CSCO.US)$的最新投資評級及目標價：
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
