Forecast Of The Day: Cisco Infrastructure Platforms Revenues

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Cisco (NASDAQ:CSCO) Infrastructure Platforms Revenues declined from around $30 billion in 2019 to about $27 billion in 2020. Trefis expects the metric to recover to about $28.5 billion in 2022 and to over $30 billion by 2023.


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While sales dipped in 2020, due to the impact of the Covid-19 pandemic and lower IT spending by businesses, we expect longer-term growth to be driven by stronger demand for switches, routers, and WLAN communication equipment.

So What?

We think Cisco stock is undervalued at current levels. We value CSCO at about $63 per share, about 15% 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 Feb 2022
MTD [1]
YTD [1]
Total [2]
 CSCO Return -1% -13% 83%
 S&P 500 Return 0% -5% 102%
 Trefis MS Portfolio Return 0% -9% 258%

[1] Month-to-date and year-to-date as of 2/9/2022
[2] Cumulative total returns since the end of 2016

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