Why Is Cisco Systems, Inc. (NASDAQ: CSCO) Stock Down Today?

Cisco Systems, Inc. (NASDAQ: CSCO) Summary

Cisco Systems, Inc. (NASDAQ: CSCO) is trading up +0.44% at $111.04, reflecting a positive shift in investor sentiment today. The stock opened at $110.85 and has moved between $110.45 and $112.19 so far.

Trading volume is 18373067, which is 24% below its average, and the price action suggests buying interest.

Technically, CSCO on the NASDAQ is trading below its 50-day moving average of $116.61 and above its 200-day moving average of $92.56, indicating short-term weakness but long-term strength.

Analyst sentiment is bullish. Meyka's AI assigns CSCO a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +1.86% in 1 month ($113.10), +4.65% in 1 year ($116.21), and +119.25% in 5 years ($243.46).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
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