Is Wall Street Bullish or Bearish on Cisco Systems Stock?

Valued at a market cap of $348.6 billion, Cisco Systems, Inc. (CSCO) is a networking, security, and cloud-based communication technology company. This San Jose, California-based company provides the foundational infrastructure for the modern internet and enterprise connectivity.

This tech company has outperformed the broader market over the past 52 weeks. Shares of CSCO have rallied 52.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 29.8%. Moreover, on a YTD basis, the stock is up 12.8%, compared to SPX’s 4.8% rise.