Cisco Systems traded at $91.64 this Wednesday May 6th, decreasing $2.66 or 2.82 percent since the previous trading session. Looking back, over the last four weeks, Cisco Systems lost 13.58 percent. Over the last 12 months, its price rose by 53.84 percent. Looking ahead, we forecast Cisco Systems to be priced at 89.94 by the end of this quarter and at 84.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Cisco Systems, Inc is engaged in designing and selling a range of technologies across networking, security, collaboration, applications and the cloud. It operates through three geographic segments: Americas; Europe, Middle East, and Africa; and Asia Pacific, Japan, and China. Its product and technologies include infrastructure platforms; applications; security and other products. Infrastructure Platforms consists of its core networking technologies of switching, routing, data center products and wireless that are designed to work together to deliver networking capabilities and transport and store data. Application product category consists primarily of software-related offerings that utilize the core networking and data center platforms to provide their functions. Security product category primarily includes unified threat management products, threat security products and Web security products. Its subsidiary, ThousandEyes, Inc., offers Internet and cloud intelligence platform.