Cisco Systems Appoints New CFO Mark Patterson

Cisco Systems ( (CSCO) ) just unveiled an announcement.

On June 5, 2025, Cisco Systems‘ Compensation and Management Development Committee approved an equity award for Mark Patterson, marking his appointment as Executive Vice President and Chief Financial Officer. Patterson received 47,832 restricted stock units, which will vest over three years, reflecting Cisco’s strategic approach to executive compensation and leadership development.

The most recent analyst rating on (CSCO) stock is a Buy with a $62.00 price target. To see the full list of analyst forecasts on Cisco Systems stock, see the CSCO Stock Forecast page.

Spark’s Take on CSCO Stock

According to Spark, TipRanks’ AI Analyst, CSCO is a Outperform.

Cisco Systems demonstrates robust financial performance with strong profitability and cash flow, underpinning its stability in the communication equipment industry. While technical indicators suggest caution due to potential overbought conditions, the positive momentum aligns well with strategic growth in AI infrastructure and partnerships. Valuation remains a concern due to a higher P/E ratio, yet the company’s dividend yield adds some long-term investment appeal. Overall, Cisco is well-positioned for growth, though investors should remain mindful of external challenges such as tariffs and sector-specific headwinds.

To see Spark’s full report on CSCO stock, click here.

More about Cisco Systems

Cisco Systems, Inc. operates in the technology industry, specializing in networking hardware, telecommunications equipment, and other high-technology services and products. The company is a global leader in IT and networking, focusing on connecting people, devices, and networks.

Average Trading Volume: 23,025,000

Technical Sentiment Signal: Buy

Current Market Cap: $261.6B

See more insights into CSCO stock on TipRanks’ Stock Analysis page.