Based on the provided data and technical analysis, here is the price prediction for CSCO for the next trading week:
Technical Analysis
The RSI reading of 75.33 indicates CSCO is currently in overbought territory . Key Fibonacci levels show:
News Sentiment Analysis
Price Target Analysis Based on technical indicators and news sentiment:
Trading Recommendation Price Target: $62.50 for next week Action: SELL/TAKE PROFIT Rationale:
The stock is likely to continue its upward momentum early in the week but may face resistance and profit-taking as it approaches the $62.50-63.00 range. Traders should consider taking profits at these levels.
The price of CSCO is predicted to go up -1.76%, based on the high correlation periods with PLX. The similarity of these two price pattern on the periods is 96.61%.
CSCO
PLX
Year
CSCO Price Forecast($)
Potential Return(%)
2025
65.000
10.430
2026
68.000
15.530
2027
75.000
27.420
2028
75.000
27.420
2029
85.000
44.630
2030
85.000
44.630
Cisco holds dominant market shares across networking, and leading shares in areas like switching software and software-defined wide-area networking, or SD-WAN, bode well for its position in the next era.
We view Cisco's shift toward a higher mix of software and subscription-based consumption models as positive.
Cisco's balance sheet is strong and it generates impressive free cash flow. It is shareholder-friendly and sends most of its free cash flow back to shareholders.
Citigroup
Price Target
$64 → $68
Upside
+12.9%
Morgan Stanley
Price Target
$62 → $68
Upside
+16.2%
Citigroup
Price Target
$62 → $64
Upside
+10.5%