Cisco Systems Inc. (NASDAQ:CSCO) is a leading technology company known for its networking hardware, software, and telecommunications equipment. It competes with other tech giants like Juniper Networks and Arista Networks. On March 9, 2026, Bank of America Securities reiterated its "Buy" rating for Cisco, with the stock trading at $76.21 at the time.
Wall Street analysts are optimistic about Cisco's future, as shown by its average brokerage recommendation (ABR) of 1.79. This rating, on a scale from 1 to 5, indicates a favorable outlook, falling between Strong Buy and Buy. Out of 26 brokerage firms, 15 have given Cisco a Strong Buy recommendation, while one has rated it as a Buy.
These Strong Buy and Buy ratings make up over 61% of all recommendations, highlighting the positive sentiment from analysts. Such optimism can influence Cisco's stock price, as investors often consider these recommendations when making investment decisions.
Currently, Cisco's stock price is $76.21, reflecting a decrease of 3.09% or $2.43. Today, the stock has traded between a low of $75.20 and a high of $77.56. Over the past year, the stock has reached a high of $88.19 and a low of $52.11.
Cisco's market capitalization is approximately $301.1 billion, indicating its significant presence in the tech industry. The trading volume for the day is 31,373,993 shares on the NASDAQ exchange, showing active investor interest in the stock.
