Cisco Systems (CSCO) Stock Price

Financial Performance

Cisco Systems' recent financial performance has been solid. Revenue for the last quarter was $13.8B, marking a 1.5% increase from the previous quarter and a 9% YoY growth. Gross profit also experienced an upward trend, rising by 3.9% from the prior quarter and 12.7% YoY to reach $9.1B. However, operating income declined by -9.9% QoQ and -14.8% YoY to $2.4B, which might be a point of concern for investors.

Stock Price

The stock price is currently at $63.98, showing an impressive gain of 6.7% over the past month and a substantial rise of 31.7% YoY, indicating strong investor confidence in Cisco Systems' future prospects.The RSI value is at an overbought level (70), suggesting that the stock may face some short-term pullback while its long term trend remains bullish as indicated by its current price being significantly above its 200-day moving average ($53).

Alternative Data Signals

In terms of alternative data signals, Cisco Systems' website traffic has seen a significant increase MoM (16%), although there's been a decline on YoY basis (-38%). The company's mobile apps are experiencing explosive growth with daily downloads increasing by more than thirteen-fold MoM and twelve-fold YoY respectively.

The number of job postings have increased both MoM (14%) and YoY (33%), suggesting possible expansion or replacement plans within the company.

Employee sentiment seems mixed with positive business outlook reported by approximately two-thirds of employees but this figure represents a slight decrease MoM and a more significant decrease YoY.

Social media following shows mixed trends with growth on Instagram and TikTok but a decline on Twitter and Facebook. This could indicate changing preferences among the company's online audience.

Conclusion

Overall, based on Cisco Systems' strong financial performance, positive stock price trend, and mixed but generally positive alternative data signals, the outlook for this stock is moderately bullish. However, investors should keep an eye on the declining operating income and employee sentiment.

Note: This AI Stock Analysis is based on data as of February 21. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Cisco Systems (CSCO), currently trading at $55.76, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.