Cisco Stock Closing Price July 26 2024:- When you check the cisco stock price for July 26 2024 (which is the fiscal year-end date for Cisco’s FY2024 period), you’re looking at a key moment for the company: the close of its fiscal year, release of results and the market reactions. Getting this date’s closing price provides a benchmark for comparing what has happened since. In this article, we’ll:
- Provide context around Cisco’s business and market leading up to July 26 2024
- Review the cisco stock price evolution month-by-month around that date
- Highlight key drivers, risks and takeaways
- Provide a conclusion and FAQ.
Company context – what matters for the cisco stock price
Before we jump into the monthly price review, here are some things you should keep in mind:
- Cisco is a major networking hardware, software and services company. Its performance is influenced by enterprise IT spending, cloud infrastructure, security, and nowadays AI-infrastructure tailwinds.
- For the fiscal year ended July 27 2024 (which corresponds roughly to the period ending around July 26 2024), Cisco reported revenue of ~$53.8 billion. Cisco Newsroom+1
- In that same period Cisco’s Q4 FY2024 EPS (GAAP) was $0.54/share and non-GAAP EPS was $0.87/share. Cisco Newsroom
- The market cares about Cisco’s ability to grow, shift toward software/subscriptions, manage cost pressures, and capture growth in areas like AI, cloud data-centers.
- The cisco stock price around the July period reflects not just fundamentals but sentiment around its guidance, acquisitions, macro environment, supply-chain/IT investment climate, etc.
Month-wise of the cisco stock price around July 2024
Here’s a month-by-month review of what the cisco stock price was doing leading up to and around July 2024, and what it likely meant for investors. Cisco Stock Closing
Cisco Stock Closing Price January 2024
- At the start of 2024, the cisco stock price was under pressure as enterprise IT budgets remained muted and macro concerns (inflation, supply-chain) weighed.
- This set a base from which the year’s performance would be judged.
Cisco Stock Closing Price February 2024
- As the company gave cautious guidance (discussed earlier) the cisco stock price remained volatile. For example, articles noted that Cisco’s stock “tumbled more than 5%” after cautious guidance in February 2024. Investopedia
- The market was cautious that IT spending might remain weak. Cisco Stock Closing
Cisco Stock Closing Price March 2024
- The cisco stock price continued to reflect mixed sentiment: hardware spend still under pressure, but growth in software services offered a glimmer of hope.
Cisco Stock Closing Price April 2024
- In April, Cisco’s announcement of the large acquisition of Splunk Inc. (for ~$28 billion) closed the radar; this influenced investor views of the cisco stock price because the deal added risk (integration, cost) but also an enabler for growth in security/analytics. Wikipedia+1
- The cisco stock price likely showed modest improvement but still cautious. Cisco Stock Closing
Cisco Stock Closing Price May 2024
- May brought some positive catalysts: the pivot toward software, growth in certain enterprise segments, and investor commentary pointing to Cisco’s possible upside in “sovereign AI” infrastructure. Barron’s
- That commentary helped uplift the cisco stock price, but underlying results still needed proof.
Cisco Stock Closing Price June 2024
- Data shows the closing price for Cisco in June 2024 (on June 28) was $45.57. StatMuse Wait – this number seems inconsistent with the $70+ levels seen later in 2025. It suggests this figure may refer to an adjusted or US-market global difference, or data issues.
- At least we see the cisco stock price was relatively modest in June, showing limited upside leading into the July fiscal year-end. Cisco Stock Closing
Cisco Stock Closing Price July 2024
- The fiscal year for Cisco ended July 27 2024. The cisco stock price at closing around July 26/27 was a key data point. While I did not find a publicly cited exact closing price for July 26, 2024 in the sources I accessed, we can infer that the cisco stock price would have been near the levels seen in June/July-end.
- Given the June close of ~$45.57, if that figure is accurate, the cisco stock price did not move significantly upward in the run-up to July end. Investors likely adopted a “wait and see” posture given Cisco’s modest growth and integration risk of Splunk.
- At the end of July, the company reported its FY2024 results. The guidance and commentary from the company would influence the next months’ movements of the cisco stock price. Cisco Newsroom
Cisco Stock Closing Price August 2024
- After the fiscal year end, the cisco stock price began to respond to the Q4 FY2024 results (released mid-August) and guidance. Cisco reported revenue of $13.6 b for Q4, down 10% year-on-year, EPS down 44% on a year-on-year basis. Cisco Newsroom
- Investors reacted to the decline in operations and the integration cost of Splunk: the cisco stock price likely faced selling pressure or muted gains. Cisco Stock Closing
Cisco Stock Closing Price September-December 2024
- Through the remainder of 2024, the cisco stock price would have been influenced by the company’s guidance for FY2025, macro IT spending trends, and investor views on network infrastructure demand.
- Cisco’s guidance for FY2025 revenue of $55–56.2 billion (from Q4 FY2024 release) provided a baseline. Cisco Newsroom
- If the market believed Cisco could stabilize growth, the cisco stock price would begin to recover from the weak year-end. Cisco Stock Closing
Summary Table – approximate
| Month | Approximate cisco stock price behavior | Key driver(s) |
|---|---|---|
| Jan 2024 | Weak, under pressure | Macro issues, IT spend caution |
| Feb 2024 | Continued pressure | Cautious guidance from Cisco |
| Mar 2024 | Slight improvement or plateau | Splunk deal, software upside begins |
| Apr 2024 | Modest improvement | Splunk deal closing, commentary |
| May 2024 | Positive catalyst commentary | “Sovereign AI” positioning |
| Jun 2024 | ~$45.57 (close on 28 Jun) | Pre-fiscal year-end caution |
| Jul 2024 | Near June levels | Fiscal year end, waiting for results |
| Aug 2024 | Reaction to weak Q4 | Declining revenue, EPS drop |
| Sep-Dec 24 | Gradual recovery possible | FY25 guidance, IT infrastructure outlook |
Why the July 26 (or July end) date is important for the cisco stock price
- It marks the end of Cisco’s FY2024 period. Investors use this as a benchmark: how did Cisco perform in the fiscal year?
- The closing price at or near that date reflects forward-looking sentiment: if investors believe Cisco can execute in FY2025 (post-Splunk, with AI infrastructure tailwinds), the cisco stock price would adjust upward. If they believe risks dominate, the price stays flat or falls.
- For anybody holding Cisco shares over the long term, the July 26/27 date gives a “snapshot” of value before the next chapter (FY2025) begins.
Key drivers influencing the cisco stock price around this period
Here are the most impactful factors for the cisco stock price in the July-2024 timeframe and beyond:
- IT/Networking spending trends. If enterprises delay network refreshes or IT budgets shrink, Cisco’s order momentum suffers — this then hurts the cisco stock price.
- Shift to software/subscriptions. Cisco has been investing to shift from hardware to software and subscriptions (which carry higher margins). Success here improves the cisco stock price.
- Acquisition integration risk. The Splunk deal added growth opportunity but also cost and execution risk; how the market views this affects the cisco stock price.
- Macro and supply-chain risk. Global economic weakness or chip/supply constraints can hurt Cisco’s hardware business and thus the cisco stock price.
- Guidance and investor sentiment. Future guidance (for FY2025) plays a big role: strong guidance lifts the cisco stock price; weak guidance depresses it.
Conclusion
In summary: While I could not locate a clean public record of the exact closing price for the cisco stock price on July 26 2024, the surrounding data suggest the price was modest, reflecting cautious investor sentiment. Cisco ended FY2024 with revenue declines in hardware, albeit growth in software/subscriptions, and the market was factoring in integration risk from the Splunk acquisition.
If you’re tracking the cisco stock price as a shareholder or an investor: use the July 26/27 2024 date as your baseline. From there monitor whether Cisco hits or beats its FY2025 targets, grows its software business, and benefits from AI infrastructure spend. If those things happen, the cisco stock price could move higher — but if they don’t, the price may stagnate.
FAQ
Q1: What was the closing cisco stock price on July 26 2024?
A1: While I couldn’t find a publicly referenced closing value precisely for July 26 2024, the closing price on June 28 2024 was ~$45.57. StatMuse You should check a detailed historical quote provider (such as Yahoo Finance historical data) for the specific date.
Q2: Why is the July 26/27 date important for Cisco?
A2: Because it marks the fiscal year-end for Cisco’s FY2024. Investors treat that as a key milestone to evaluate performance and forward guidance, which influences the cisco stock price.
Q3: What major events influenced the cisco stock price around mid-2024?
A3: Several: the Splunk acquisition closing, weak Q4 FY2024 results (hardware revenue down 10% year-over-year) Cisco Newsroom, macro IT spending softness, and commentary about Cisco’s role in AI infrastructure.
Q4: What should investors monitor now if they hold Cisco?
A4: Key metrics: growth in software/subscriptions, hardware order momentum (especially in AI/networking gear), margin trends, integration of Splunk, and guidance for FY2025. These will move the cisco stock price.
Also watch macro trends: IT budgets, data-center buildouts, global supply chain risk.
Q5: Does the cisco stock price reflect only fundamentals?
A5: No. Although fundamentals (revenue, margin, growth) are critical, the stock price also reflects investor sentiment, macro environment, expectations for future growth, and risk premium. For example, if investors believe Cisco is well-positioned in AI infrastructure, the cisco stock price may rally beyond near-term results.