Cisco's stock dropped about 5% after Piper Sandler lowered its price target from $132 to $125, citing worries that industry growth is peaking. Despite a record high in June and strong Q4 earnings beating revenue estimates, analysts remain cautious about Cisco's future growth. The company projects nearly 15% revenue growth for fiscal 2027, but some analysts expect growth to slow to single digits. Cisco's CEO highlighted the strong market demand but emphasized a prudent approach moving forward.
As of Sep 23, 2026 02:41 WIB, Cisco Systems Inc (CSCO) shares are trading at USD 105.88 on Pluang, down 5.01% for the day. The stock's market capitalization stands at $439.44 billion, with a dividend yield of 1.51%. Notably, Pluang's order activity shows a balanced interest with 46% of orders to sell and 54% to buy, reflecting mixed investor sentiment amid growth concerns.
Cisco's stock dropped 6% in a session where the broader tech sector and its networking peers, Arista and Ciena, remained stable or slightly positive. No new company announcements explain this sharp decline, suggesting the move is specific to Cisco ra...
IBM has increased its dividend for 31 consecutive years, continuing a long-standing streak. However, the latest raise was minimal, only a penny per quarter, which does not keep pace with inflation rates around 3%. While IBM's dividend yield remains t...
