The need for today’s organizations to share information, along with proliferation of high-speed broadband, has driven the global unified communications (UC) market for the past decade, if not longer. UC streamlines communications so that geologically-dispersed employees can interact digitally as if they’re in the same office, even if they’re located thousands of miles apart.
Centralized administration also makes UC popular with IT managers because it reduces the time and effort needed to support and secure corporate communications of all kinds. Because of a need for specialized skills to make large-scale UC implementations run their best, top UC vendors offer certifications to buttress and boost workforce capability and quality.
Simply Hired lists $91,623 as the average salary for a UC engineer’s role, with highest salaries reported at $139,737. Glassdoor lists UC salaries as high as $166,000 for senior and UC engineer positions. UC engineer salaries declined slightly from previous years with the average down from $94,354 to $91,623 (a dip of just under three percent). While this dip could just represent normal market fluctuations, it is a trend worth watching because we also observed a slight salary decrease last year.
We dug into various job boards to see how many UC jobs are available, specifically targeting jobs that called out one or more of our top five certifications: Avaya ACSS, CCIE Collaboration, CCNP Collaboration, IBM Sametime and MCSE: Productivity.
For IT professionals supporting Avaya products, the ACSS is a must-have credential. The company updated its certification programs in late 2015 and currently offers two separate professional certification tracks:
Sales and Design – this track offers three credentials:
Services – this track is aligned with Avaya engagement solutions and products, so you’ll see two flavors for some of the certifications depending on which solution track (product or engagement solution) is targeted. Avaya currently offers the following Services credentials:
The advanced-level ACSS cert targets more experienced Avaya practitioners both in support specialist and product specialist roles, covering 19 individual credentials. Candidates should possess technical skills sufficient to configure, install and administer Avaya products. Also, they should be well-versed in Avaya product maintenance, and in testing product implementations and troubleshooting issues. Successful candidates typically possess at least two years’ direct experience supporting Avaya products and four years working with the chosen Avaya technology. Each certification is valid for two years.
Requirements to obtain the ACSS certification depend on which credential one chooses to pursue. For information on prerequisite skills, curriculum maps, required training and the number of exams for individual credentials, visit Avaya’s credential program webpage. (Click the Services Credentials tab, then click on the ACSS button to view the full Catalog. Additional program information appears in the Avaya Professional Credential Program Overview.)
| Certification Name | Avaya Certified Solution Specialist (ACSS) |
|---|---|
| Prerequisites & Required Courses | Minimum of 4 years’ experience in the relevant technology plus 2 years’ experience supporting the Avaya product. Training is required and available in multiple formats (classroom, virtual classroom and on-demand); depending on solution track. Expect to pay between $3,500 and $4,500 per classroom course, or $1,400 per 16-hour course, and $2,100 per 24-hour course in the virtual classroom or on-demand. |
| Number of Exams | One exam per credential |
| Cost of Exam | $125
Exams administered by Pearson VUE |
| URL | https://www.avaya-learning.com/lms/#/credentials/credential-program |
| Self-Study Materials | None |
Cisco offers its CCIE Collaboration certification, which identifies expert skills in unified communications, video and telecom. Only the cream of the crop earns the CCIE, and CCIE Collaboration is no exception.
The expert-level CCIE Collaboration credential recognizes seasoned collaboration and UC architects, as well as voice and video network managers, who design, deploy and troubleshoot enterprise collaboration solutions that are moderately to highly complex. Although the certification requires no prerequisites or specific training, Cisco designed the CCIE Collaboration for individuals with true expertise and lots of relevant experience (three to five years, minimum) with UC solution integration, configuration and troubleshooting.
Like other CCIE certs, the certification has a written qualification exam and a hands-on lab exam, both of which are rigorous and often take multiple attempts to pass. Cisco includes emerging technologies in its assessments. A great value-add available through the Cisco 360 Learning Program for CCIE Collaboration is remote access to an online environment that contains equipment to practice hands-on for the lab exam.
CCIE credential holders must recertify every two years or it will be suspended. It’s the responsibility of the credential holder to keep track of their individual recertification deadline. You can apply for a one-year extension to complete re-cert requirements, but if you miss that deadline, your certification is lost forever.
Recertification involves passing a single exam. Currently, acceptable recertification exams include any current CCIE written or lab exam, or a current CCDE written or practical exam. Credential holders may also recertify by passing the Cisco Certified Architect (CCAr) interview and board review. Alternatively, credential holders may recertify through participation in the Cisco Continuing Education Program (CEP). To recertify through the CEP, credential holders must earn 100 continuing education credits, pay a $300 administrative fee, and agree to CEP terms and conditions.
| Certification Name | Cisco Certified Internetwork Expert (CCIE) Collaboration |
|---|---|
| Prerequisites & Required Courses | No course prerequisites. In-depth understanding of exam courses plus three to five years of job experience recommended. |
| Number of Exams | Two exams: Written qualification exam (Exam 400-051 version 2.0: CCIE Collaboration), 90 to 110 questions, 120 minutes.
Hands-on lab exam (Version 2.0), 8 hours. |
| Cost of Exam | Written exam: $450, exam 400-051
Lab exam: $1,600 per attempt |
| URL | https://learningnetwork.cisco.com/community/certifications/ccie_collaboration |
| Self-Study Materials | Written exam: The CCIE written exam website maintains a list of Cisco Press resources, reference and design guides, training, self-assessment tools, and more. Additional self-study resources are available from the Cisco Learning Network Store.
CCIE Lab Exam: The Cisco Learning Network maintains a list of self-study resources for the CCIE lab exam. CCIE Practice Exam: Udemy offers a practice exam with weekly-updated Questions Answers as the final prep for the CCIE. |
The intermediate-level CCNP Collaboration recognizes network engineers who are well versed in Cisco Voice and UC devices and applications in enterprise networks.
Four exams are required to qualify for the CCNP Collaboration credential. A certified candidate designs, implements, configures, manages and troubleshoots Cisco UC applications, networks and devices. Candidates should have in-depth knowledge of all facets of unified networking, including gateways, IP phones, quality of service (QoS), voice, video and presence applications, and utilities for configuring Cisco routers and switches, in addition to one to three years’ experience with these technologies.
Training is recommended but not required. Cisco offers in-depth training courses, both in the classroom and online, for each exam. Depending on the training provider, classroom live and virtual classroom live courses cost approximately $3,795, while online self-paced courses start at about $1,100. Training courses typically last five days.
The CCNP Collaboration, like all Cisco professional-level certifications, requires recertification every three years. To recertify, you must pass one Cisco exam before your cert’s expiration date. Acceptable exams include any current 642-XXX professional-level exam, any 300-XXX professional-level exam, any CCIE written exam, any CCDE written or practical exam, or passing the Cisco Certified Architect (CCAr) interview and board review.
The intermediate-level IBM Sametime administrator credential aims at systems administrators with existing skills and hands-on experience in IBM Sametime 9.0. Candidates must understand architectural considerations when running IBM Sametime within an IBM WebSphere environment. They must also demonstrate their knowledge of Sametime deployment and audio/video configuration within Sametime, along with management, troubleshooting, performance monitoring and optimization techniques.
The certification requires candidates to pass a 78-question multiple-choice exam, to be completed in no more than 105 minutes. IBM emphasizes the need for hands-on experience before tackling this exam, stating that “direct application of the skills learned cannot be substituted” with any of the self-study materials. The exam measures a candidate’s knowledge of task performance rather than memorization of features and functions.
In addition to the Certified System Administrator credential, IBM also offers two related certifications:
The IBM Certified System Administrator – IBM Lotus Sametime 8.5 credential is still available for those working in Lotus Sametime 8.5 environments.
While IBM certifications are evergreen and don’t expire, the same cannot be said for technology. Credential holders should plan to move up and recertify on new technology as it becomes available.
| Certification Name | IBM Certified System Administrator – Sametime V9.0 |
|---|---|
| Prerequisites | Basic IBM Sametime administration knowledge plus hands-on experience with IBM Sametime V9.0 |
| Number of Exams | One exam: Exam C2040-413: IBM Sametime 9.0 Administration (78 questions, 105 minutes, 52 questions required to pass) |
| Cost of Exam | $200. Exams administered by Pearson VUE. |
| URL | https://www.ibm.com/certify/cert?id=14011704 |
| Self-Study Materials | IBM maintains a list of exam objectives, Technotes, product documentation and web resources for the exam. Also, candidates can purchase a web-based sample/practice exam (number A2040-413 Assessment: IBM Sametime 9.0 Administration) from Pearson VUE for $30. |
The MCSE: Productivity certification targets professionals supporting enterprise-grade hybrid and cloud solutions for Microsoft Office. Key technologies include Microsoft Office 365, Microsoft Office, Exchange, Skype for Business and SharePoint.
To obtain the MCSE: Productivity credential, candidates must first obtain the Microsoft Certified Solutions Associate (MCSA): Office 365, MCSA: Windows Server 2012 or MCSA Windows Server 2016 certification. Then, they must pass one additional exam from an approved list. Currently, there are eight different exams to choose from. In addition, Microsoft recommends three to four years of experience.
The Microsoft Certification Program underwent extensive changes in September 2016. Once you earn one of the latest MCSE credentials, you do not have to recertify within three years as was the case in the past. However, by passing an elective exam each calendar year, you add an entry to your transcript that indicates your commitment to staying current on technologies and expanding your skillset.
| Certification Name | Microsoft Certified Solutions Expert (MCSE): Productivity |
|---|---|
| Prerequisites & Required Courses | MCSA: Office 365, MCSA: Windows Server 2012 or MCSA Windows Server 2016 certification
Three or more years of experience recommended. |
| Number of Exams | Candidates must pass one of the following exams:
Exam 70-345: Designing and Deploying Microsoft Exchange Server 2016 Exam 70-339: Managing Microsoft SharePoint Server 2016 Exam 70-333: Deploying Enterprise Voice with Skype for Business 2015 Exam 70-334: Core Solutions of Microsoft Skype for Business 2015 Exam 70-331: Core Solutions of Microsoft SharePoint Server 2013 Exam 70-332: Advanced Solutions of Microsoft SharePoint Server 2013 Exam 70-341: Core Solutions of Microsoft Exchange Server 2013 Exam 70-342: Advanced Solutions of Microsoft Exchange Server 2013 |
| Cost of Exam | $165 per exam. Exams administered by Pearson VUE. |
| URL | https://www.microsoft.com/en-us/learning/mcse-productivity-certification.aspx |
| Self-Study Materials | Microsoft provides links to training, practice exams by third-party vendors such as Mindhub and MeasureUp, case studies, exam study groups and more. Links to community support forums and other resources are listed on each exam web page. Microsoft also offers various training options through its Microsoft Official Courses On-Demand (MOC On-Demand) program. |
The UC certification landscape is not as crowded as the pool of general networking certs or the increasingly popular cloud and mobile credentials, but UC is on the rise nonetheless. In fact, traditional UC is increasingly offered through the cloud, forcing certifications to take on a new flavor to accommodate the latest technologies and techniques.
In addition to the top five certs covered in this article, many colleges and universities offer courses in unified communications or certificate programs aimed at workforce training. Note that most of those programs incorporate Cisco equipment and applications. Other programs are available, though. We conducted a simple Google search that revealed several interesting choices, including the Information Technology: Network Specialist Concentration at the Pennsylvania College of Technology.
Another consideration is Mitel Networks. Although the company doesn’t offer its own IT career certifications as of this writing, Gartner considers Mitel one of the leaders in the UC market, and the company name appears in job board searches for “unified communications” with great frequency. That means there’s an abundance of open positions that call for Mitel experience and/or knowledge. When evaluating UC certifications, and especially certificate programs through colleges or universities, consider if the required skills and knowledge might transfer to a job working with Mitel technology.
Corporate voice and telephony services have transformed from traditional public-switched telephone networks (PSTNs) and private branch exchanges (PBXs) to voice over IP (VoIP) and IP PBXs, often combined with digital fax, videoconferencing, instant messaging and mobile communications. That means VoIP and telephony certifications now focus on digital communications, along with a good mix of IP networking protocols and methods to support such traffic and to maintain service quality.
In this article, we feature five solid VoIP and telephony certifications from Avaya, Certification Partners, Cisco, Digium (Asterisk) and Microsoft. Unified communications cover a lot of voice and telephony ground, and it adds video and other solutions to the lineup as well.
Salary is a significant consideration when deciding whether to pursue a VoIP and telephony certification. SimplyHired lists $106,149 as the average salary for a VoIP engineer, although Glassdoor‘s average for a VoIP engineer is noticeably lower at $83,772. Still, a salary just under $85,000 is a worthwhile goal in the industry, with a good growth path into more senior positions readily attainable.
To help determine our top five VoIP and telephony certifications, we performed an informal job board survey. That data indicates the number of job posts in which our featured certifications were mentioned on one specific day. The data should supply you an idea of the relative popularity of each certification. [Interested in Business Phone Systems? Check out our top picks.]
| Certification | SimplyHired | Indeed | LinkedIn Jobs | Linkup | Total |
|---|---|---|---|---|---|
| ACIS (Avaya) | 142 | 172 | 57 | 94 | 468 |
| CCNP: Collaboration (Cisco) | 489 | 567 | 348 | 309 | 1,713 |
| CTP (Certification Partners) | 64 | 25 | 101 | 167 | 357 |
| dCAP (Asterisk) | 14 | 14 | 18 | 3 | 49 |
| MCSE: Productivity (Microsoft) | 252 | 294 | 136 | 137 | 819 |
Avaya is one of the leading solution providers of business communications and collaboration systems. As a spinoff of Lucent Technologies, itself an offspring of Bell Labs, Avaya’s roots are firmly planted in telephony. Certification solution tracks are currently offered in two concentrations: sales and sdesign, and services.
The Avaya Certified Implementation Specialist (ACIS) certification falls into the Services track and recognizes an individual’s ability to install, deploy, test and troubleshoot Avaya products at a beginning to intermediate skill level. Several credentials are available for the ACIS certification:
Candidates interested in the Sales and Design solution track should check out the Avaya Certified Design Specialist (ACDS), Avaya Professional Design Specialist (APDS) and the Avaya Professional Sales Specialist (APSS) certifications.
Note: Some Avaya credentials are available only to Avaya partners and associates, while others are open to all takers. See the Avaya Professional Credential Program Overview for details. Individuals not affiliated with a specific organization can create a “non-relationship” account on the Avaya Learning site to purchase a certification exam.
For most topics, Avaya recommends candidates have two years of experience in relevant technologies plus one more year implementing the core product. Each ACIS certification remains valid for two years.
| Certification Name | Avaya Certified Implementation Specialist (ACIS) |
|---|---|
| Prerequisites & Required Courses | Training recommended. Candidates should check the certification page for individual solution track for details. Training costs vary by solution track, but candidates can expect to pay $1,400 to $3,500 per course. Some tracks recommend multiple courses.
Two years of experience in relevant technologies plus one year of experience in implementing the Avaya products recommended. |
| Number of Exams | One or more exams per credential.
See the exam and training requirements for each credential. Visit the Credential Program web page, click the ACIS box twice in the Services Credentials category and then click on each ACIS credential listed on the right side of the page. |
| Cost per Exam | Most exams are $125. Exams administered by Pearson VUE or online through the Avaya Learning Center. |
| URL | https://www.avaya-learning.com/lms/#/credentials/credential-program (Services Credentials category) |
| Self-Study Materials | Avaya Learning Partners offer training for each exam; costs range from $1,400 to $3,500 per course. |
Cisco remains one of the world’s dominant IP telephony players. Its Collaboration certifications are available at associate, professional and expert levels, where our top-five pick is the mid-level Cisco Certified Network Professional (CCNP).
The Collaboration certification portfolio is geared toward network professionals and network engineers who work with voice and video, particularly Cisco Collaboration solutions. Targeted skills include configuring and implementing Cisco Collaboration solutions, planning and designing video network collaborations, and maintaining implemented solutions.
Candidates are required to pass four exams to earn the CCNP Collaboration credential. Training is optional but recommended. Candidates can expect to pay about $3,800 for live classroom or virtual courses.
Recertification is required every three years for CCNPs. To maintain this credential, holders must pass any current 642-XXX or 300-XXX professional-level exam, any CCIE written exam, any CCDE written or practical exam, or the Cisco Certified Architect (CCAr) interview and board review.
| Certification Name | Cisco Certified Network Professional Collaboration (CCNP Collaboration) |
|---|---|
| Prerequisites & Required Courses | A valid CCNA Collaboration certification or any Cisco CCIE or CCDE certification. Training recommended but not required. |
| Number of Exams | Four exams:
300-070: Implementing Cisco IP Telephony & Video, Part 1 (CIPTV1) 300-075: Implementing Cisco IP Telephony & Video, Part 2 (CIPTV2) 300-080: Troubleshooting Cisco IP Telephony & Video (CTCOLLAB) 300-085: Implementing Cisco Collaboration Application v1.0 (CAPPS) Each exam: 75 minutes in length, 50-75 questions |
| Cost per Exam | $300 per exam, $1,200 total. Exams administered by Pearson VUE. |
| URL | http://www.cisco.com/c/en/us/training-events/training-certifications/certifications/professional/ccnp-collaboration.html |
| Self-Study Materials | Cisco maintains links to the course syllabus, study groups, exam prep materials, practice exams and more on the Cisco Learning Network Collaboration (CCNP) web page. exam pages also contain links to instructor-led training and e-learning opportunities. Numerous collaboration publications are available through Cisco Press. |
The vendor-neutral CTP certification was developed by Certification Partners and the Telecommunications Industry Association (TIA). It’s also endorsed by industry leaders such as Cisco, Avaya, Mitel, Toshiba and Vertical. Many of these leaders either accept the CTP as a stepping stone or prerequisite to their credential programs or recommend the CTP for training and preparation. Certification Partners maintains a complete list of endorsements from telecommunication leaders.
The CTP requires the successful completion of one exam that focuses on methods, concepts and best practices in the following areas:
Certification Partners also offers the Convergent Network Technologies (CCNT) certification, which aims at professionals who sell and support convergence services, as well as the CIW certifications in networking and security, web technologies and design and development. Candidates interested in working in the field of convergence who do not yet possess the requisite experience are advised to first obtain the CCNT credential and then gain the required experience.
Certification Partners does not require recertification to maintain the CTP.
| Certification Name | Convergence Technologies Professional (CTP) |
|---|---|
| Prerequisites & Required Courses | CCNT recommended or a minimum of 18 to 24 months of experience in all three knowledge domain areas: Data and Internet Protocol Networking for Convergent Networks; Voice and Telephony Services, Functions and Technologies; and Convergence Technologies.
Training strongly recommended. |
| Number of Exams | One exam: TT0-201 (administered through CTC Online), 65 questions, 90 minutes, 75 percent required to pass. |
| Cost per Exam | $225 |
| URL | http://www.ctpcertified.com/certification |
| Self-Study Materials | CTP training is recommended; five-day instructor-led training, $3,395 (includes study guides and exam voucher). CTP training products are available from the CTP store (student courseware $199). |
Since its humble beginnings as an open source project in 1999, Asterisk has grown exponentially and become a well-recognized and respected framework for communication and conference servers, VoIP gateways and IP PBX systems. Asterisk can be found in more than 170 countries, powering more than 2 million servers worldwide. Per Digium (which maintains Asterisk in conjunction with the Asterisk community), Asterisk runs in most of the Fortune 1000 companies.
With such widespread popularity, it’s only natural that professionals with Asterisk skills are in demand. To meet industry needs, Digium offers several training courses (Asterisk Essentials, Fast Start and Advanced), as well as the Digium Certified Asterisk Professional (dCAP) and Digium Certified Asterisk Administrator (dCAA) certifications.
The dCAP targets experienced Asterisk professionals. Candidates are expected to possess real-world experience (typically a minimum of three to 24 months), in-depth knowledge of Linux (basic administration, manipulating files and modifying configuration files) and Asterisk experience (installation, Asterisk dial plan format and syntax, use of basic CLI commands and registration of VoIP devices). Other recommended skills include basic programming and scripting languages (Perl, Bash, C and/or C++, for example) and an understanding of VoIP protocols.
Candidates must pass a two-part exam, which consists of a written exam and a practical lab exam (in which you configure a PBX), to earn the credential. While there are no prerequisites, the Asterisk Advanced training course is highly recommended before attempting the exam.
Although the Digium website doesn’t specify recertification requirements, dCAP certification is granted for a “specific released, stable version of Asterisk.”
| Certification Name | Digium Certified Asterisk Professional (dCAP) |
|---|---|
| Prerequisites & Required Courses | None required. Asterisk Advanced training course highly recommended, along with 3 to 24 months of real-world experience, working knowledge of setting up and maintaining an Asterisk server, and familiarity with Asterisk sample configuration files. (Training costs approximately $2,650.) |
| Number of Exams | Two exams (115-question written exam, plus a practical lab exam). |
| Cost per Exam | $510. Prices may vary by geography. |
| URL | www.digium.com/training/asterisk/certifications/dcap |
| Self-Study Materials | Training courses available. Recommended reading: Asterisk: The Definitive Guide, 4th edition, by Russell Bryant, Leif Madsen and Jim Van Meggelen. O’Reilly Media: May 2013. ISBN-13: 978-1-4493-3242-6 ($46.99 for eBook, $54.99 for print version). |
Microsoft rolled out several new MCSE certifications in 2016, including the MCSE: Productivity. Although this certification is geared toward enterprise-grade hybrid and cloud solutions for Microsoft Office, it allows candidates to specialize in any of several Microsoft technologies, including Skype for Business.
To obtain the MCSE: Productivity credential, candidates must first obtain the Microsoft Certified Solutions Associate (MCSA): Office 365, MCSA: Windows Server 2012 or MCSA Windows Server 2016 certification. Then, they must pass an elective exam from an approved list. Currently, there are eight different exams to choose from. In addition, Microsoft recommends at least three years of experience.
The MCSE: Productivity credential doesn’t expire. However, credential holders are encouraged to re-earn the certification each year by passing another elective exam. Doing so indicates your desire to stay current on technologies and broaden your skillset, and you’ll post another entry to your certification transcript.
| Certification Name | MCSE: Productivity |
|---|---|
| Prerequisites & Required Courses | MCSA: Office 365, MCSA: Windows Server 2012 or MCSA Windows Server 2016 certification.
Three or more years of experience recommended |
| Number of Exams | Candidates must pass one of the following exams:
Exam 70-345: Designing and Deploying Microsoft Exchange Server 2016 Exam 70-339: Managing Microsoft SharePoint Server 2016 Exam 70-333: Deploying Enterprise Voice with Skype for Business 2015 Exam 70-334: Core Solutions of Microsoft Skype for Business 2015 Exam 70-331: Core Solutions of Microsoft SharePoint Server 2013 Exam 70-332: Advanced Solutions of Microsoft SharePoint Server 2013 Exam 70-341: Core Solutions of Microsoft Exchange Server 2013 Exam 70-342: Advanced Solutions of Microsoft Exchange Server 2013 |
| Cost per Exam | $165 per exam. Exams administered by Pearson VUE. |
| URL | https://www.microsoft.com/en-us/learning/mcse-productivity-certification.aspx |
| Self-Study Materials | Microsoft Learning provides links to training, practice exams by third-party vendors (including MeasureUp), case studies, exam study groups and more. Links to community support forums and other resources are listed on each exam web page. Microsoft also offers various training options through its Microsoft Official Courses On-Demand (MOC On-Demand) program. |
The SIP School, a part of Vocale Ltd. in the U.K., offers a range of affordable, vendor-neutral VoIP and SIP certifications, including the SIP School VVoIP Professional (SSVVP). The SSVVP was on our top five list for the last few years but was replaced by the MCSE: Productivity in 2018, owing mainly to interest from employers.
The ZyXEL Certified Network Professional – VoIP (ZCNP VoIP) is another good certification, which is vendor-specific and therefore geared toward networking professionals who support ZyXEL products.
3CX offers a certification program for professionals who deploy, manage and support 3CX IP PBX systems. The 3CX credentials are offered in three tiers: basic, intermediate and advanced.
Lots of community colleges and universities offer network VoIP and telephony courses or certificate programs as well, such as Florida Community College, College of DuPage and Riverland Community College.
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It was about this time last year that some CEOs stood up, pounded their tables, and announced, “Everyone back to the office after Labor Day.”
And it’s clear what happened. In the interaction between many millions of workers in a hard-to-hire atmosphere; public opinion that held if people could work at home during the pandemic, they probably could at least part of the time now; and executives demanded compliance; hybrid work was largely the winner.
Citi analyst Atif Malik maintained a Hold rating on Cisco Systems (CSCO – Research Report) today and set a price target of $54.00. The company’s shares closed yesterday at $53.37.
Malik covers the Technology sector, focusing on stocks such as Nvidia, Apple, and Lam Research. According to TipRanks, Malik has an average return of 29.3% and a 68.13% success rate on recommended stocks.
Cisco Systems has an analyst consensus of Hold, with a price target consensus of $55.46.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $54.14 and a one-year low of $37.73. Currently, Cisco Systems has an average volume of 18.92M.
Based on the exact corporate insider activity of 111 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CSCO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cisco offers a broad range of technologies across networking, security, collaboration, applications and the cloud. It manufactures and sells Internet Protocol (IP)-based networking and other products related to the communications and IT industry and also provides associated services. The company was founded by Sandra Lerner and Leonard Bosack on December 10, 1984 and is headquartered in San Jose, CA.
Read More on CSCO:
In a report released today, Aaron Rakers from Wells Fargo maintained a Hold rating on Cisco Systems (CSCO – Research Report), with a price target of $57.00. The company’s shares closed yesterday at $54.73.
Rakers covers the Technology sector, focusing on stocks such as Intel, Micron, and Advanced Micro Devices. According to TipRanks, Rakers has an average return of 23.5% and a 64.89% success rate on recommended stocks.
In addition to Wells Fargo, Cisco Systems also received a Hold from KeyBanc’s Thomas Blakey in a report issued yesterday. However, on the same day, Raymond James maintained a Buy rating on Cisco Systems (NASDAQ: CSCO).
See Insiders’ Hot Stocks on TipRanks >>
CSCO market cap is currently $215.8B and has a P/E ratio of 17.83.
Based on the exact corporate insider activity of 111 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CSCO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cisco offers a broad range of technologies across networking, security, collaboration, applications and the cloud. It manufactures and sells Internet Protocol (IP)-based networking and other products related to the communications and IT industry and also provides associated services. The company was founded by Sandra Lerner and Leonard Bosack on December 10, 1984 and is headquartered in San Jose, CA.
Read More on CSCO:
