Cisco's acquisition of Splunk, valued at $28 billion, is expected to enhance Cisco's gross margins and revenue growth despite a $5.74 billion premium paid on the acquisition. The deal will boost Cisco ...
Cisco beat EPS and revenue estimates, raising its 2024 revenue outlook to $53.6-$53.8 billion. The stock price remained flat, decreasing by only 0.13%. The fair stock price estimate is $63.63, with a ...