Cisco Systems (NASDAQ:CSCO) Trading Down 1.9% – Time to Sell?

Posted by Brian Himes on Jul 16th, 2026

Cisco Systems, Inc. (NASDAQ:CSCO – Get Free Report) shares traded down 1.9% on Thursday . The stock traded as low as $107.53 and last traded at $109.66. 24,680,120 shares changed hands during trading, an increase of 3% from the average daily volume of 23,974,125 shares. The stock had previously closed at $111.77.

Key Stories Impacting Cisco Systems

Here are the key news stories impacting Cisco Systems this week:

Positive Sentiment: Analysts and market commentary remain constructive, highlighting Cisco’s stronger AI infrastructure positioning, rising networking demand, security momentum, and improving earnings visibility. Cisco Jumps 52% YTD: Is There More Room for the Stock to Rise?
Positive Sentiment: Another bullish note says Cisco could be a major AI infrastructure winner, with one article projecting a much higher long-term valuation if AI-related spending continues to build. Price Prediction: Cisco Will Hit $170 on This Date
Positive Sentiment: Cisco also announced a partnership around Webex Contact Center that expands its AI-powered customer engagement ecosystem, adding another small but supportive product/partnership catalyst. SuccessKPI Powers Next Generation Hybrid Contact Centers with WEM for Webex Cloud
Neutral Sentiment: Several articles frame Cisco as a core AI-era infrastructure name, but these pieces are largely commentary rather than new company-specific financial disclosures. Cisco Systems (CSCO) Price Forecast: Correction Deepens as Key Support Nears
Negative Sentiment: Near-term weakness appears tied to technical selling and profit-taking after the stock’s sharp AI-driven rally, with traders watching whether support levels hold. Cisco Systems slips as investors appear to be taking profits after a big post-earnings run
Negative Sentiment: One market note says Cisco stock is testing key support after falling below its 50-day moving average, which could keep pressure on shares if buyers do not step in soon. Cisco Systems (CSCO) Price Forecast: Correction Deepens as Key Support Nears

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CSCO shares. Piper Sandler raised their target price on shares of Cisco Systems from $86.00 to $132.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. KeyCorp increased their price target on shares of Cisco Systems from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. New Street Research lifted their price objective on shares of Cisco Systems from $82.00 to $122.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. CICC Research boosted their price objective on shares of Cisco Systems from $96.00 to $125.00 and gave the company an “outperform” rating in a research report on Monday, May 18th. Finally, Evercore upped their target price on Cisco Systems from $110.00 to $150.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $123.14.

Get Our Latest Report on CSCO

Cisco Systems Price Performance

The business’s fifty day moving average price is $116.74 and its 200 day moving average price is $92.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The stock has a market cap of $432.22 billion, a P/E ratio of 35.60, a PEG ratio of 2.98 and a beta of 1.02.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The business had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be issued a dividend of $0.42 per share. The ex-dividend date is Monday, July 6th. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. Cisco Systems’s dividend payout ratio is 54.55%.

Insider Buying and Selling

In other Cisco Systems news, insider Jeetendra I. Patel sold 7,169 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the completion of the transaction, the insider owned 246,737 shares of the company’s stock, valued at $28,937,315.36. This represents a 2.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $120.03, for a total value of $2,568,642.00. Following the completion of the transaction, the chief executive officer owned 637,085 shares of the company’s stock, valued at $76,469,312.55. This represents a 3.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 47,650 shares of company stock worth $5,668,823 in the last ninety days. Insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CSCO. Ballast Inc. increased its stake in shares of Cisco Systems by 10.4% in the second quarter. Ballast Inc. now owns 27,711 shares of the network equipment provider’s stock valued at $3,255,000 after buying an additional 2,609 shares during the period. Regent Peak Wealth Advisors LLC boosted its position in Cisco Systems by 2.4% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 9,031 shares of the network equipment provider’s stock worth $1,061,000 after buying an additional 209 shares during the period. Insight Wealth Strategies LLC bought a new stake in Cisco Systems during the 2nd quarter worth approximately $306,000. Heck Capital Advisors LLC acquired a new position in Cisco Systems in the 2nd quarter valued at approximately $546,000. Finally, Tema ETFs LLC increased its position in Cisco Systems by 10.7% in the 2nd quarter. Tema ETFs LLC now owns 85,868 shares of the network equipment provider’s stock valued at $10,086,000 after acquiring an additional 8,265 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Company Profile

(Get Free Report)

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.