Analysts Set Cisco Systems, Inc. (NASDAQ:CSCO) PT at $75.50

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) have been given an average rating of “Moderate Buy” by the twenty-six ratings firms that are currently covering the stock, Marketbeat reports. Nine equities research analysts have rated the stock with a hold recommendation and seventeen have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $84.1364.

Several equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. Citigroup increased their target price on Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Wells Fargo & Company lifted their target price on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Citic Securities upped their price target on shares of Cisco Systems from $75.00 to $90.00 in a report on Monday. Finally, Evercore ISI raised their price target on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, November 13th.

Insider Buying and Selling

In other Cisco Systems news, CEO Charles Robbins sold 281,860 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the transaction, the chief executive officer directly owned 820,887 shares in the company, valued at $64,316,496.45. This trade represents a 25.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 961,950 shares of company stock valued at $74,696,164 over the last 90 days. 0.01% of the stock is owned by insiders.

Institutional Investors Weigh In On Cisco Systems

Large investors have recently modified their holdings of the business. Avantax Advisory Services Inc. boosted its holdings in shares of Cisco Systems by 1.1% in the second quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock worth $29,163,000 after buying an additional 4,525 shares during the period. Drive Wealth Management LLC boosted its stake in Cisco Systems by 2.7% in the 2nd quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock worth $1,152,000 after purchasing an additional 436 shares during the period. Shell Asset Management Co. grew its position in Cisco Systems by 53.3% during the 2nd quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after purchasing an additional 26,840 shares in the last quarter. Guinness Asset Management LTD raised its stake in Cisco Systems by 15.9% during the 2nd quarter. Guinness Asset Management LTD now owns 4,389,728 shares of the network equipment provider’s stock valued at $304,451,000 after purchasing an additional 603,131 shares during the period. Finally, Tobam boosted its position in shares of Cisco Systems by 223.4% in the second quarter. Tobam now owns 2,642 shares of the network equipment provider’s stock worth $183,000 after buying an additional 1,825 shares during the period. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Up 1.3%

Shares of CSCO opened at $78.39 on Thursday. The company’s fifty day simple moving average is $70.49 and its 200-day simple moving average is $67.90. The company has a market cap of $308.91 billion, a P/E ratio of 29.92, a P/E/G ratio of 3.00 and a beta of 0.95. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. Cisco Systems has a twelve month low of $52.11 and a twelve month high of $79.50.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. The company had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 EPS. 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 expect that Cisco Systems will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s payout ratio is currently 61.65%.

Cisco Systems Company Profile

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.