Cisco Systems Stock Jump Looks Great, But How Secure Is That Gain?

-12.30%
Downside
77.76
Market
68.20
Trefis
CSCO: Cisco Systems logo
CSCO
Cisco Systems

Cisco Systems (CSCO) stock is up 9.5% in 21 trading days. The rally reflects surging demand for AI infrastructure and strong networking results, but big moves like this often invite a tougher question: is the stock truly resilient when markets reverse?

Before judging its downturn reslience, let’s look at where Cisco Systems stands today.

  • Size: Cisco Systems is a $306 Bil company with $57 Bil in revenue currently trading at $77.37.
  • Fundamentals: Last 12 month revenue growth of 5.3% and operating margin of 22.1%.
  • Liquidity: Has Debt to Equity ratio of 0.09 and Cash to Assets ratio of 0.13
  • Valuation: Cisco Systems stock is currently trading at P/E multiple of 30.1 and P/EBIT multiple of 24.1

These metrics point to a Moderate operational performance, alongside High valuation – making the stock Unattractive. For details, see Buy or Sell CSCO Stock

That brings us to the key consideration for investors chasing this rally: how resilient is CSCO stock if markets turn south? This is where our downturn resilience framework comes in. Suppose CSCO stock falls 20-30% to $54 – can investors comfortably hold on? Turns out, the stock has fared worse than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.

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2022 Inflation Shock

  • CSCO stock fell 38.6% from a high of $63.96 on 29 December 2021 to $39.27 on 12 October 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 14 February 2025
  • Since then, the stock increased to a high of $78.00 on 16 November 2025 , and currently trades at $77.37

  CSCO S&P 500
% Change from Pre-Recession Peak -38.6% -25.4%
Time to Full Recovery 856 days 464 days

 
2020 Covid Pandemic

  • CSCO stock fell 33.5% from a high of $49.93 on 12 February 2020 to $33.20 on 12 March 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 22 March 2021

  CSCO S&P 500
% Change from Pre-Recession Peak -33.5% -33.9%
Time to Full Recovery 375 days 148 days

 
2018 Correction

  • CSCO stock fell 25.0% from a high of $58.05 on 15 July 2019 to $43.52 on 5 December 2019 vs. a peak-to-trough decline of 19.8% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 20 August 2021

  CSCO S&P 500
% Change from Pre-Recession Peak -25.0% -19.8%
Time to Full Recovery 624 days 120 days

 
2008 Global Financial Crisis

  • CSCO stock fell 60.0% from a high of $34.08 on 6 November 2007 to $13.62 on 9 March 2009 vs. a peak-to-trough decline of 56.8% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 21 February 2017

  CSCO S&P 500
% Change from Pre-Recession Peak -60.0% -56.8%
Time to Full Recovery 2906 days 1480 days

 
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