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The deal is slated to close within nine to 12 months. Splunk stock rose 21% to $144.85, while Cisco's stock dropped over 3%. Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on ...
In my opinion, shares of Cisco trading at a forward price-to-earnings (P/E) ratio under 13 times the average Wall Street estimate for 2024 EPS of $3.70 represents good value within the technology ...
Since the stock’s spectacular crash, Cisco’s annual revenue has grown from around $12.5 billion to around $57 billion. Its annual net income has gone from $2.7 billion in 1999 — this flipped ...
Cisco on Tuesday launched a $1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes in small AI firms. The company, through ...
Networking hardware giant Cisco Systems (NASDAQ: CSCO) beat analyst expectations across the board with its quarterly report last week, but the stock was punished, nonetheless. Revenue plunged 13% ...
With a yield of 3.4%, you'll earn $1000 a year from a $29,687.50 Cisco investment. At today's price of $47.50 per share, this translates to 625 shares. You can double-check my math by flipping the ...
For being a "dinosaur stock," as some say, Cisco Systems (NASDAQ:CSCO) sure has been hot. Cisco stock is up 24% over the past year and has doubled over the past three years. Yes, doubled. As in ...
Over the long run, network technology specialist Cisco (NASDAQ:CSCO) makes investment sense. With a surge of innovations, especially the 5G network rollout, Cisco stock is incredibly relevant ...