Cisco Systems (NASDAQ:CSCO – Get Free Report) had its target price hoisted by research analysts at UBS Group from $132.00 to $138.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the network equipment provider’s stock. UBS Group’s price objective would suggest a potential upside of 21.62% from the company’s previous close.
CSCO has been the subject of several other research reports. HSBC raised Cisco Systems from a “hold” rating to a “buy” rating and raised their target price for the company from $77.00 to $137.00 in a research note on Friday, May 15th. Piper Sandler upped their price target 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. Bank of America raised their price objective on shares of Cisco Systems from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, June 8th. New Street Research boosted their target price on shares of Cisco Systems from $82.00 to $122.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Weiss Ratings upgraded shares of Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average target price of $130.24.
Check Out Our Latest Research Report on CSCO
Cisco Systems Price Performance
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The firm had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same period in the prior year, the firm posted $0.99 earnings per share. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Equities research analysts anticipate that Cisco Systems will post 3.54 EPS for the current fiscal year.
Insider Activity at Cisco Systems
In other Cisco Systems news, EVP Oliver Tuszik sold 2,607 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $121.12, for a total value of $315,759.84. Following the completion of the transaction, the executive vice president directly owned 172,727 shares in the company, valued at $20,920,694.24. This trade represents a 1.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total value of $854,598.57. Following the completion of the sale, the executive vice president owned 140,857 shares of the company’s stock, valued at $16,890,162.87. The trade was a 4.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 47,650 shares of company stock valued at $5,668,823. Corporate insiders own 0.01% of the company’s stock.
Institutional Investors Weigh In On Cisco Systems
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cozad Asset Management Inc. raised its holdings in shares of Cisco Systems by 0.3% in the first quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider’s stock worth $2,033,000 after buying an additional 87 shares during the last quarter. Dogwood Wealth Management LLC grew its holdings in shares of Cisco Systems by 3.9% during the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock valued at $283,000 after buying an additional 90 shares during the last quarter. August Group Capital Ltd increased its position in shares of Cisco Systems by 2.0% in the 2nd quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock valued at $555,000 after acquiring an additional 91 shares during the period. Financial Insights Inc. raised its stake in Cisco Systems by 1.5% in the 1st quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider’s stock worth $483,000 after acquiring an additional 92 shares during the last quarter. Finally, CPA Asset Management Group LLC raised its stake in Cisco Systems by 1.8% in the 2nd quarter. CPA Asset Management Group LLC now owns 5,335 shares of the network equipment provider’s stock worth $627,000 after acquiring an additional 93 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.
Cisco Systems News Roundup
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Cisco reported record fiscal Q4 revenue of approximately $17.3 billion, up 18% year over year, while non-GAAP EPS of $1.22 surpassed the $1.17 consensus estimate. Networking revenue and product orders were strong, supported by AI infrastructure, data-center switching and campus demand. Cisco’s Q4 Earnings Beat Estimates, Strong Networking Aids Revenues
- Positive Sentiment: Management forecast fiscal 2027 revenue of $72.2 billion to $73.4 billion and non-GAAP EPS of $5.05 to $5.11, above Wall Street expectations. Cisco also expects $7.5 billion of AI infrastructure revenue in fiscal 2027, following $9.3 billion of AI orders in fiscal 2026. Cisco Reports Fourth Quarter and Fiscal Year 2026 Earnings
- Positive Sentiment: Several analysts raised their price targets after the report, including Wells Fargo to $150, Rosenblatt to $165 and Truist to $140, indicating that longer-term analysts remain constructive on Cisco’s AI networking opportunity.
- Neutral Sentiment: Cisco declared a quarterly dividend of $0.42 per share, payable October 21 to shareholders of record October 2. The dividend provides ongoing income support but was not the primary market catalyst.
- Negative Sentiment: The earnings beat failed to clear an exceptionally high investor bar after CSCO’s strong 2026 rally. Analysts described the outlook as potentially conservative relative to current demand, while investors questioned how long AI-related growth can accelerate at the required pace. Cisco shares slide despite earnings beat and stronger-than-expected guidance
- Negative Sentiment: Gross-margin concerns weighed on the stock. Cisco’s AI networking expansion may pressure profitability through product mix, pricing and investment requirements; reports also cited weaker-than-expected services revenue. These concerns are particularly important given CSCO’s elevated valuation.
About Cisco Systems
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.
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