Cisco stock price forecast shows moderate bullish sentiment

Cisco stock price forecast shows moderate bullish sentiment, with shares trading near $50 as of mid-June Trade the Warren Buffett Rally in UnitedHealth Stock With This High-Reward, Low-Risk Options Strategy Cisco has also improved its gross margins in recent quarters, benefiting from lower freight and component costs, a more favorable product mix, and overall cost efficiencies. On a GAAP basis, Cisco’s total gross margin, product gross margin, and services gross margin stood at 65.1%, 63.7%, and 68.9%, respectively, compared to 64.2%, 62.7%, and 68.2% in Q2 of fiscal 2024. Similar trends may continue in Q3. The company has also been shifting towards a recurring revenue model through software subscriptions and service contracts, which could further support margins. Cisco stock price forecast from quantitative models depicts low beta versus peers, suggesting defensive play in volatile tech markets. At $50.16, probability models assign a 60% likelihood of hitting $53 in the next six months.