What the Options Market Tells Us About Cisco Systems

Benzinga
2025.03.10 17:15
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Cisco Systems has seen significant bullish activity in the options market, with 50% of traders bullish and 50% bearish. Notably, 6 call trades valued at $562,562 were identified, with a price target range of $55.0 to $65.0. Currently, Cisco's stock is trading at $62.92, down 1.6%. Analysts suggest an average target price of $73.4, with recommendations ranging from Equal-Weight to Buy. The anticipated earnings release is in 65 days, and options trading remains a high-risk, high-reward strategy.