Our target price for Cisco stock is $48 by Oct 2020. We expect the stock to be more volatile than the S&P 500 (Beta=1.16). The Cisco stock price quarterly forecasts is as below.
Q2 FY 2020 Guidance comparison
We expect Cisco to report lowered earnings in Q2 FY 2020 that the guidance provided by the company in their Q1 FY2020 earnings call.
Business Summary
Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow’s digital opportunity today.
Company Fundamentals
Cisco reported an earnings of $13.16B in their Q1 FY 2020 earnings report, this is down (2)% from their previous quarter, however it’s comparables were up 4.30% in the same period.
Comparative Analysis
The following companies were used as comparables for Cisco
As compared to them Cisco QoQ performance is
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