Previous close | 48.93 |
Open | 49.21 |
Bid | 50.26 x 2200 |
Ask | 50.23 x 1000 |
Day's range | 48.98 - 49.66 |
52-week range | 45.56 - 58.19 |
Volume | |
Avg. volume | 19,361,983 |
Market cap | 199.504B |
Beta (5Y monthly) | 0.85 |
PE ratio (TTM) | 14.98 |
EPS (TTM) | 3.29 |
Earnings date | 15 May 2024 |
Forward dividend & yield | 1.60 (3.25%) |
Ex-dividend date | 03 Apr 2024 |
1y target est | 48.85 |
Cisco Systems completed its $28 billion all-cash acquisition of Splunk the provider of observability software, well ahead of schedule. Splunk’s results weren’t included in Cisco’s previous financial forecasts. Cisco said Monday the acquisition will be cash-flow positive (excluding certain acquisition-related costs and other expenses) and will boost non-GAAP gross margin in Cisco’s fiscal year ending July 2025.
Cisco (NASDAQ: CSCO) today announced it completed the acquisition of Splunk, setting the foundation for delivering unparalleled visibility and insights across an organization's entire digital footprint.
Investors have been voicing concerns about whether the AI-driven stock market has anything in common with the dot-com boom.