Cisco Systems (NASDAQ:CSCO) Stock Price Down 2.8% – Here’s What Happened

Posted by Francis Steltz on Nov 2nd, 2026

Cisco Systems, Inc. (NASDAQ:CSCO – Get Free Report) fell 2.8% during mid-day trading on Monday. The stock traded as low as $101.41 and last traded at $101.61. Approximately 21,183,115 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 21,946,537 shares. The stock had previously closed at $104.51.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CSCO. Wall Street Zen upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research note on Sunday, October 11th. Piper Sandler dropped their target price on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 22nd. UBS Group raised their target price on Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Barclays boosted their price target on shares of Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Finally, Sanford C. Bernstein started coverage on shares of Cisco Systems in a research report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average price target of $128.52.

Get Our Latest Report on CSCO

Cisco Systems Stock Performance

The company has a market cap of $400.61 billion, a P/E ratio of 30.42, a PEG ratio of 2.18 and a beta of 1.01. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The company has a 50 day moving average price of $110.00 and a 200-day moving average price of $101.01.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $17.25 billion for the quarter, compared to analysts’ expectations of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The company’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.99 earnings per share. 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 analysts expect that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.68 annualized dividend and a yield of 1.7%. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

Insider Activity at Cisco Systems

In other news, insider Jeetendra I. Patel sold 7,170 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the transaction, the insider directly owned 230,593 shares in the company, valued at $25,727,261.01. This trade represents a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $74,922.40. Following the completion of the transaction, the executive vice president owned 163,337 shares of the company’s stock, valued at $17,996,470.66. This trade represents a 0.41% 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 44,869 shares of company stock worth $5,005,620 in the last three months. Insiders own 0.01% of the company’s stock.

Institutional Investors Weigh In On Cisco Systems

A number of institutional investors have recently added to or reduced their stakes in the company. QTR Family Wealth LLC boosted its position in shares of Cisco Systems by 1.5% during the 3rd quarter. QTR Family Wealth LLC now owns 10,805 shares of the network equipment provider’s stock valued at $1,163,000 after purchasing an additional 162 shares in the last quarter. Capstone Wealth Management LLC bought a new stake in shares of Cisco Systems in the 3rd quarter worth approximately $208,000. Quest 10 Wealth Builders Inc. raised its holdings in shares of Cisco Systems by 48.8% in the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 1,183 shares of the network equipment provider’s stock worth $127,000 after purchasing an additional 388 shares in the last quarter. TFB Advisors LLC bought a new stake in shares of Cisco Systems in the 3rd quarter worth approximately $241,000. Finally, Chicago Partners Investment Group LLC lifted its stake in Cisco Systems by 11.8% during the third quarter. Chicago Partners Investment Group LLC now owns 48,505 shares of the network equipment provider’s stock valued at $5,166,000 after purchasing an additional 5,103 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Company Profile

(Get Free Report)

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.