CSCO Cisco · $111.94 Leader · poor entry — wait for a base领先 · 入场点欠佳 — 等待筑底 Terminal终端 ↗

Cisco · Tech

CSCO

$111.94

Cisco Systems, Inc., doing business as Cisco, is an American multinational technology conglomerate corporation that develops, manufactures, and sells hardware, software, telecommunications equipment and other high-technology services and products focused on networking, cyber security and AI.CiscoSystems,Inc.,以Cisco名义经营，是一家美国跨国科技企业集团，开发、制造和销售硬件、软件、电信设备及其他专注于网络、网络安全和人工智能的高技术服务与产品。

Rate-sensitive利率敏感 Mega cap超大盘 $442B

Engine stance引擎立场2026-07-20

Leader · poor entry — wait for a base领先 · 入场点欠佳 — 等待筑底

Daily low forming, but the bigger trend is still bearish. Small size only; stop below 109.66.日线低点正在形成，但大趋势仍偏空。只适合小仓位；止损设于 109.66 下方。

Engine levels · 52-week range引擎点位 · 52周区间

$112

$116

$112

$120

$105

$62.69$132

Price现价 $112Trail stop止损线 $116Don't chase勿追高 $112Call wall看涨期权墙 $120Put wall看跌期权墙 $105 Buy zone买入区 $107–$109

Open in Terminal打开终端 ↗ All coverage所有股票 Data through数据截至 2026-07-20 · regenerated nightly每日更新

Price Chart价格图表

Full chart in Terminal终端完整图表 ↗

Key Statistics关键统计

Price价格

$111.94

13.9% below 52-week high低于52周高点 13.9%

Market Cap市值

$442B

Normal volume正常成交量

P/E Ratio市盈率

43.4x

40.2x sector median

Forward P/E预测市盈率

23.4x

EPS每股收益 $2.58

Beta贝塔

1.05

Moves about 1.0x the market波动幅度约为市场的 1.0 倍

Dividend Yield股息收益率

1.50%

RSI (14)RSI（14）

Neutral zone中性区域

Next Earnings下次财报

2026-08-12 (24d)

Volatility Rank波动率分位

79th pctile

hist. vol. percentile历史波动率分位数

Short Interest空头兴趣

1.4% of float

Performance价格表现

Period周期	CSCO	S&P 500	vs Index对比指数
1 Week近1周	-7.7%	-1.5%	Lagged the index by 6.2 points落后指数 6.2 个百分点
1 Month近1月	-4.2%	+0.6%	Lagged the index by 4.8 points落后指数 4.8 个百分点
3 Months近3月	+29.8%	+4.7%	Beat the index by 25.1 points跑赢指数 25.1 个百分点
6 Months近6月	+49.7%	+7.8%	Beat the index by 41.9 points跑赢指数 41.9 个百分点
Year to date年初至今	+48.0%	+9.1%	Beat the index by 38.9 points跑赢指数 38.9 个百分点
1 Year近1年	+66.7%	+19.4%	Beat the index by 47.3 points跑赢指数 47.3 个百分点
3 Years近3年	+135.6%	+69.4%	Beat the index by 66.2 points跑赢指数 66.2 个百分点
5 Years近5年	+138.8%	+83.9%	Beat the index by 54.9 points跑赢指数 54.9 个百分点

Technicals技术面

Active signals活跃信号

Double Top (Short-term)Short-term Rising TrendLong-term Rising Trend1-Day Return (cross-sectional rank → top/bottom gainers)Valuation cheapness percentile (0–1, higher = cheaper vs peers)

RSI (14)RSI（14） 45 Neutral zone中性区域

vs 50-day相对50日均线 -3.3% vs 50-day avg

vs 200-day相对200日均线 +28.9% vs 200-day avg

Trend strength (ADX)趋势强度（ADX） 21 Trending趋势中

Volatility rank波动率分位 79th percentile 分位

Engine reference levels — not advice引擎参考水平 — 非投资建议

Buy zone买入区间

$108.15

Don't chase above不追高于

$111.90

Stop止损

$109.70

Bounce — turn not confirmed; wait反弹 — 转向未确认，先观望

Earnings财务业绩

days until next report天后公布财报

2026-08-12

Estimates being raised — 22 analysts预期上调 — 22 位分析师

Earnings call transcripts — coming soon财报电话会议记录 — 即将上线

Valuation估值

Multiple指标	CSCO	Sector median行业中位	Cheaper than相对便宜
P/E (trailing)市盈率（历史）	43.42x	40.17	46%
P/E (forward)市盈率（预测）	23.4x	—	—
P/B市净率	9.26x	5.85	30%
P/S市销率	7.80x	4.85	31%
Earnings yield盈利收益率	2.30%	2.19	54%
FCF yield自由现金流收益率	3.01%	3.05	49%
Shareholder yield股东收益率	1.36%	2.16	37%
EV/EBITDA企业价值/EBITDA	36.78x	29.30	41%
P/FCF市值/自由现金流	33.27x	30.46	44%

Analyst price targets — coming soon分析师目标价 — 即将上线

Financials财务数据

Revenue营业收入

$49.3B

2020

$49.8B

2021

$51.6B

2022

$57.0B

2023

$53.8B

2024

$56.7B

2025

5yr CAGR5年复合增速: 2.8%

Earnings Per Share每股收益

$2.64

2020

$2.50

2021

$2.82

2022

$3.07

2023

$2.54

2024

$2.55

2025

5yr CAGR5年复合增速: -0.7%

Free Cash Flow自由现金流

$14.7B

2020

$14.8B

2021

$12.7B

2022

$19.0B

2023

$10.2B

2024

$13.3B

2025

Margins利润率

Gross margin毛利率

64.9%

Operating margin营业利润率

20.8%

Net margin净利率

18.0%

FCF margin自由现金流利润率

25.1%

21.3%Return on Equity股本回报率

8.3%Return on Assets资产回报率

Leverage杠杆

Net debt / EBITDA净债务/EBITDA	1.31
Current ratio流动比率	1.00

Capital Allocation资本配置

Buybacks (TTM)回购（TTM）	$6.0B
Stock-based comp股权薪酬	$3.6B
Share count change (1y)股数变化（1年）	-0.7%

Piotroski皮奥特罗斯基 8/9 Altman Z阿尔特曼Z: safe (4.3) Clean稳健

Snapshot Gauges综合指标

Valuation vs Sector估值相对行业

Roughly fair vs sector相对行业估值合理

Cheaper than 39% of its sector on blended multiples综合估值倍数低于行业内 39% 的公司

Beta市场敏感度

1.05×

0.21×3×

Moves about 1.0× the market波动幅度约为市场的 1.0 倍

Financial Health财务健康

8/9

Altman阿尔特曼: safe

Strong financial health财务健康状况良好

Dividend分红

1.50%

Pays a dividend (1.50% yield)有分红（收益率 1.50%）

Why Is It Moving为何波动

Sector / Theme行业/主题 Technology (Equal-Weight) theme — #23 of 46 themes「信息技术（等权）」主题 — 46 个主题中第 23 位

Macro宏观 Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。

Positioning持仓 Short interest changed -12.9%空头仓位变动 -12.9%

Technical技术面 NEARING A HIGH → NEARING A LOW接近高点 → 接近低点

Options Positioning期权持仓

Market makers are net long gamma — price pinned near current level做市商净持有正伽玛，价格倾向于在当前水平附近震荡

Expected daily move预期日波动

±3.34%

Expected weekly move预期周波动

±7.46%

Call wall看涨密集区

$120

Put wall看跌密集区

$105

25d risk reversal25d风险逆转

-0.3%

Flow资金流向

$33M premium traded; 0% 0DTE; 82 fresh positions; P/C 1.29; ~leans bullish (direction approx)成交权利金 $33M；0DTE占0%；82个新建仓；看跌看涨比 1.29；≈偏看涨（方向近似）

Skew: 偏斜：balanced

Ownership & Smart Money持仓与聪明钱

Insider activity内部人员活动: -$92.5M net (0 buyers, 9 sellers)-$92.5M 净值（0 买家，9 卖家）

Concentrated ownership集中持仓

Fund基金	Grade评级	Activity动作	% of portfolio组合占比	As of截至
AKO Capital	B	Holding持有	4.6%	2026-03-31

Signal History信号历史

NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向

HIGH-RISK · NIMBLE ONLY. A daily bottoming setup is forming (swing low in, momentum turned up) — but the higher timeframes haven't confirmed it: the bigger picture is still bearish (weekly momentum positive; but rolling toward a weekly cross-down; investor cycle overdue; last cycle left-translated (topped early)). This is an UNCONFIRMED TURN, not a confirmed buy. Weekly confirmation lags price, so this exact reading covers BOTH bounces that fail AND the first leg of a genuine new cycle — you can't tell which in real time, so treat it as a risk/size signal, not a direction call. Measured: weekly-unconfirmed bottoming setups held the low ~49% of the time vs ~68% once the weekly turns up. Last cycle was left-translated (topped early) — a bearish structural tell高风险 · 仅限灵活操作。正在形成日线筑底形态（摆动低点已现、动量转向上行）——但更高周期尚未确认：大局仍偏空（周线动量为正；但正趋向周线向下交叉；投资者周期已逾期；上一周期左移（见顶偏早））。这是「未确认转向」，并非已确认的买入。周线确认滞后于价格，因此同样的读数既涵盖最终失败的反弹，也涵盖真正新周期的第一段——实时无法判定属于哪一种，故应将其视为风险/仓位信号，而非方向判断。实测：周线未确认的筑底形态约 49% 守住低点，周线转向后升至约 68%。上一周期为左移结构（见顶偏早）——属于看空的结构性信号

COUNTERTREND BOUNCE UNCONFIRMED TURN

Jul 15, 2026

NEARING A HIGH → NEARING A LOW接近高点 → 接近低点

GET READY准备

Jul 9, 2026

NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向

HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作

Jul 9, 2026

CSCO StochRSI turned up from oversoldCSCO StochRSI自超卖区上行

StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $118.31.StochRSI重回20上方 — 下行动量趋缓的最早预警。$118.31。

Jul 2, 2026

UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点