Cisco Systems (NASDAQ:CSCO) Given New $100.00 Price Target at Argus

Cisco Systems (NASDAQ:CSCO) had its price target hoisted by research analysts at Argus from $80.00 to $100.00 in a research note issued to investors on Thursday,MarketScreener reports. Argus’ price target indicates a potential upside of 30.03% from the company’s previous close.

Several other equities analysts have also issued reports on CSCO. Melius Research boosted their price target on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday. Citigroup raised their price target on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday. William Blair raised shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Finally, CICC Research upped their target price on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research report on Friday. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average price target of $83.75.

Cisco Systems Stock Down 0.6%

Shares of CSCO stock traded down $0.47 during trading on Thursday, hitting $76.91. 3,408,452 shares of the company were exchanged, compared to its average volume of 20,892,322. The firm has a market capitalization of $303.07 billion, a price-to-earnings ratio of 29.39, a P/E/G ratio of 3.00 and a beta of 0.95. The business’s 50-day simple moving average is $69.64 and its 200 day simple moving average is $67.27. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems has a twelve month low of $52.11 and a twelve month high of $79.50.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same quarter last year, the firm posted $0.91 earnings per share. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, analysts forecast that Cisco Systems will post 3.04 EPS for the current fiscal year.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the sale, the executive vice president owned 161,467 shares of the company’s stock, valued at approximately $10,792,454.28. The trade was a 4.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Maria Victoria Wong sold 3,162 shares of the business’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $67.28, for a total value of $212,739.36. Following the completion of the transaction, the senior vice president directly owned 31,468 shares of the company’s stock, valued at approximately $2,117,167.04. This trade represents a 9.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,089 shares of company stock valued at $2,236,383 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Bare Financial Services Inc lifted its stake in shares of Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after purchasing an additional 308 shares during the last quarter. Marquette Asset Management LLC purchased a new position in Cisco Systems in the third quarter valued at $25,000. Financial Connections Group Inc. increased its position in shares of Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in Cisco Systems during the second quarter worth approximately $28,000. Finally, Lowe Wealth Advisors LLC grew its stake in Cisco Systems by 96.2% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.