We have revised our Cisco Valuation to $65 per share, based on an expected EPS of $3.70 and a P/E multiple of 17.6x for fiscal 2025. However, this valuation is roughly in line with the current market price as of January 12. You can also explore our detailed Cisco Revenue analysis for a closer look at its key revenue sources.

Cisco Systems (NASDAQ: CSCO) stock is climbing higher in Thursday's trading. The company's share price was up 2% as of 2 p.m. ET. Meanwhile, the S&P 500 index was up 0.5%, and the Nasdaq Composite index was up 0.

Cisco (CSCO) stock hit a new 52-week high of $66.50 on Thursday, Feb. 13. The bullish momentum is fueled by robust Q2 earnings for its fiscal 2025 that exceeded expectations and an optimistic outlook.

Cisco Systems (CSCO) stock hit a multi-decade high earlier, after the company reported better-than-expected results and issued an upbeat forecast