Cisco Systems, Inc. (CSCO) News: Big Data, CEO’s Thoughts & More

Editor’s Note: Cisco Systems, Inc. (NASDAQ:CSCO)

Cisco Systems, Inc.Cisco: Big Data Is The Network, Too (NYTimes)
John Chambers says the profits from Cisco Systems, Inc. (NASDAQ:CSCO)’ new strategy are still one to three years away. The strategy, however, is already becoming more clear: Big Data will only work if it’s delivered through the network, and that could go hand-in-hand with consolidation among companies that specialize in data analysis and networking or traditional computing. “You can’t ship the information from 50 billion devices all the way up the line,” said Mr. Chambers, Cisco Systems, Inc. (NASDAQ:CSCO)’s chief executive, in an interview last week. That means that increasingly sophisticated computing has to be built into networking devices.

Cisco Systems Inc. (NASDAQ:CSCO)’s CEO is highly positive on company future prospects (WallStreetPR)
The designer, manufacturer and seller of internet protocol based networking and other products related to IT industry, the Cisco Systems, Inc. (NASDAQ:CSCO) had registered third quarter results which surpassed the analyst estimates. The company had decreased in its share prices by 1.65 percent and currently trading at $23.85 per share for the last trading session. Cisco Systems, Inc. (NASDAQ:CSCO) had posted $12.2 billion net sales , which is 5% increase over the previous year and the revenues were observed to be $2.5 billion or $0.46 per share.

Cisco Scores With Video (LightReading)
Cisco Systems, Inc. (NASDAQ:CSCO)’s US$5 billion buyout of video specialist NDS last July is starting to pay off big. In reporting third-quarter earnings Wednesday, Cisco Systems, Inc. (NASDAQ:CSCO) said revenues for its service provider video group climbed to $1.29 billion in its fiscal third quarter, up 30 percent from the same period last year. As a result, video equipment and software accounted for slightly more than 10 percent of Cisco Systems, Inc. (NASDAQ:CSCO)’s overall revenues. On the company’s earnings call, Cisco Systems, Inc. (NASDAQ:CSCO) CEO John Chambers credited much of the video revenue gain to the company’s acquisition of NDS, a firm that focused on video software, security and product integration.

Cisco Systems Price Target Increased to $26.00 by Analysts at Wunderlich (CSCO) (UtahPeoplesPost)
Cisco Systems, Inc. (NASDAQ:CSCO) had its target price upped by Wunderlich from $24.00 to $26.00 in a report issued on Thursday, Analyst Ratings reports. They currently have a buy rating on the stock. Shares of Cisco Systems, Inc. (NASDAQ:CSCO) traded down 2.23% during mid-day trading on Thursday, hitting $23.70. Cisco Systems, Inc. (NASDAQ:CSCO) has a 52 week low of $14.96 and a 52 week high of $21.98. The stock’s 50-day moving average is currently $21.. The company has a market cap of $126.3 billion and a P/E ratio of 13.47.

Is Cisco Systems, Inc. (CSCO) A Buy Now? (InsiderMonkey)
Cisco Systems, Inc. (NASDAQ:CSCO) is a company that many people have written off as “dead money.” With a range-bound stock price over the past decade amidst slow but steady earnings growth, Cisco Systems, Inc. (NASDAQ:CSCO) hasn’t exactly been an exciting stock. But often the least exciting stocks offer the most exciting opportunities, and over the past year the stock offered multiple chances to buy at an insanely low price. A few days ago Cisco Systems, Inc. (NASDAQ:CSCO) reported its Q3 earnings, and given the 12% spike in the stock price the next day it seems that people may finally be waking up and realizing that Cisco Systems, Inc. (NASDAQ:CSCO) may not be dead money after all. The stock hit $24 per share intra-day, levels not seen since 2010 and a full 60% higher than the 52-week low. Is Cisco Systems, Inc. (NASDAQ:CSCO) stock still a good buy?