Forecast Of The Day: Cisco’s Services Revenues

CSCO: Cisco logo


Cisco’s (NASDAQ:CSCO) Services Revenues have risen from around $12.9 billion in 2019 to about $13.3 billion in 2020. Trefis expects the metric to rise further to about $13.8 billion in 2021 and to $14.5 billion in 2022.


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We expect growth to be driven by higher demand for technical services and maintenance contracts as the company’s customer base grows.

So What?

We think Cisco stock is fairly valued at current levels. We value CSCO at about $63 per share, about 5% ahead of the current market price.

See Our Complete Analysis For Cisco

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Dec 2021
MTD [1]
YTD [1]
Total [2]
 CSCO Return 6% 35% 100%
 S&P 500 Return 0% 25% 109%
 Trefis MS Portfolio Return -1% 42% 282%

[1] Month-to-date and year-to-date as of 12/17/2021
[2] Cumulative total returns since 2017

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