Just imagine if we have more competent ELT
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https://www.digrin.com/stocks/detail/CSCO/price shows the actual price per share was over $100 at a number of points before the final 2:1 split on March 23, 2000. It's not just the splits that change the number of outstanding shares but Cisco both issued and bought back massive numbers of shares over the decades. That's why when Cisco hit $80 recently its market cap was a bit over $300B compared to around $550B not adjusting for inflation when it was $82 in March 2000.
If you go by price the CPI calculator says that $82 in March 2000 is $158.16 in March 2026 so Cisco's stock price has significantly under performed inflation over that time frame. It's not just that Cisco's market cap is down the better part of $200B over 26 years not adjusting for inflation but adjusting for inflation that $550B becomes $1.060T showing Cisco's market cap severely under performed inflation.
@cn No. Cisco Systems ($CSCO) stock has never hit $200 a share.Peak Price: During the height of the dot-com bubble in March/April 2000, the highest actual (non-split adjusted) closing price was around $80.06 - $82.00.Recent Action: According to Macrotrends Macrotrends, as of late April 2026, the stock has recently hit new all-time highs in the $90 - $91 range.Split Info: The company had multiple 2-for-1 and 1.5-for-1 splits during the 90s, with the last split occurring in February 2000, just before the crash.Even with 25+ years of growth, the raw, non-split-adjusted share price has never reached anywhere near $200.
The all time high was in the late 90s at $200/share (for a brief moment) when the stock was splitting every 6 months on average.
@cb there is some argument to be made that you should hold onto them for a period of time so that you can take advantage of long term capital gains tax instead of ordinary income. the reality is that the delta purely from the tax difference is not worth the risk you carry of the stock price dropping. for the vast, vast majority of people. that's why it's recommended to sell immediately.
It is buy-back for sure, and CSCO stock market volume is around 25% of average volume. Those are NOT investor buy, but Cisco corporate buy-back sending money to ELT (most employees sold out, doesn't expect CSCO stock buy-back to be this high).
The stock is high because of stock buy-back, nothing to do with perceived Cisco success in the market. The market cap is divided by less shares due to buy back which inflates the cost of those shares.
@c7 that would be impossible to calculate as it would be per investor and for what amount of shares said entity had in their holdings at the end of each quarter... since 2011.
The OP's post was a claim that the stock was at an all time high, it's not.
@bv I agree with this info. ATH would be great and all but what is most important to me is all of the ESPP purchased for a decade and a half afterwards in the low-teens to mid 20s.
Of course having the dividend repay the purchase price ain't too shabby for me either.
@bv this math includes dividends since 2011?
Just imagine if we have more competent ELT
Imagine we had more competent engineers ...
@OP Not there yet...
As of early May 2026, Cisco Systems (CSCO) would need a share price higher than approximately $104.32 to beat its inflation-adjusted all-time high.The Inflation-Adjusted Peak: While Cisco's nominal high in March 2000 was around $80 per share, inflation over the past 26 years means that price represents roughly $104.32 in March 2026 dollars.Current Standing (April/May 2026): According to reports as of April 30, 2026, Cisco stock was trading around $90–$91.50, meaning it is still below its inflation-adjusted peak.Nominal vs. Real High: The stock recently surpassed its nominal dot-com peak (nominal $80.06 in 2000) for the first time in December 2025.While the company has grown its revenues and earnings significantly since 2000, the 2000 valuation was so extraordinarily high that the inflation-adjusted milestone represents a much higher hurdle than the nominal one.
how does is feel to pat yourelf on the back?