Time: 2024-08-20
Amid economic uncertainty , Cisco , listed on Nasdaq as CSCO , is facing challenges in the Stock market . The company 's stock currently trades at 8.50 per share , which is 17 % below its pre - inflation shock high of 8.70 . Cisco 's product sales have slowed down , and competition from smaller networking companies is impacting its growth . However , the stock has seen a 29 % increase from its lows in September 2022 . In Q4 2024 , Cisco reported a revenue decline of about 10 % year - over - year to 3.6 billion , with adjusted earnings per share falling by 24 % . Despite this , the numbers exceeded estimates , and the company indicated positive signs with a growth in product orders.
Over a longer period , CSCO stock has shown gains of 25 % from early January 2021 to around 0 currently . However , its performance has been inconsistent , underperforming the S&P 500 in 2022 and 2023 . In comparison to heavyweights in the Information Technology sector , Cisco struggled to beat the market . On the other hand , the Trefis High - Quality Portfolio has consistently outperformed the S&P 500 , offering better returns with less risk . The current uncertain macroeconomic environment poses challenges for Cisco 's stock performance in the coming months.
A comparison of the current inflation shock with the 2007 - 08 financial crisis shows the impact on Cisco 's stock performance . During the 2007 - 08 crisis , CSCO stock declined by 55 % but rebounded by 64 % afterward . The company 's revenues have shown growth , reaching 7 billion in 2023 , although falling to 3.8 billion in 2024 . While earnings have fluctuated , Cisco 's focus on cybersecurity and recurring revenue models could drive future stock gains.
In contrast , Grab Holdings Limited has seen a 6.2 % decline in its stock performance over the past month compared to the Zacks S&P 500 composite . The Zacks Rank of # 3 indicates a hold rating for Grab , with positive changes in earnings estimates for the current quarter and fiscal year . The company 's revenue growth estimates show a positive outlook , with revenues of 64 million reported in the last quarter . Valuation metrics suggest that Grab is trading at a premium to its peers , indicating potential challenges in stock valuation.
With uncertainties in the market , both Cisco and Grab Holdings face challenges in their stock performance . Cisco 's focus on cybersecurity and Grab 's revenue growth prospects will be key factors to watch in the coming months.
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