Cisco Systems (NASDAQ:CSCO) Price Target Cut to $88.00 by Analysts at President Capital

Cisco Systems (NASDAQ:CSCO) had its price target cut by stock analysts at President Capital from $90.00 to $88.00 in a report released on Wednesday,MarketScreener reports. President Capital’s price target points to a potential upside of 12.73% from the stock’s current price.

A number of other research firms have also weighed in on CSCO. Piper Sandler raised their price objective on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Argus raised their price target on Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Wells Fargo & Company lifted their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, JPMorgan Chase & Co. raised their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus price target of $84.70.

Cisco Systems Price Performance

Shares of CSCO stock opened at $78.06 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The stock has a market cap of $308.43 billion, a price-to-earnings ratio of 29.35, a PEG ratio of 2.95 and a beta of 0.87. The business’s fifty day moving average is $74.99 and its 200 day moving average is $70.44. Cisco Systems has a twelve month low of $52.11 and a twelve month high of $80.82.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The firm 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 18.38% and a return on equity of 27.29%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Research analysts expect that Cisco Systems will post 3.04 EPS for the current fiscal year.

Insider Buying and Selling at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 1,745 shares of Cisco Systems stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $79.46, for a total transaction of $138,657.70. Following the transaction, the executive vice president directly owned 176,319 shares of the company’s stock, valued at $14,010,307.74. The trade was a 0.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael D. Capellas sold 10,850 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $77.13, for a total transaction of $836,860.50. Following the sale, the director owned 146,368 shares in the company, valued at approximately $11,289,363.84. The trade was a 6.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last ninety days. 0.01% of the stock is currently owned by company insiders.

Institutional Trading of Cisco Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Triumph Capital Management bought a new position in Cisco Systems in the 3rd quarter worth approximately $116,000. AIA Group Ltd increased its holdings in Cisco Systems by 81.7% in the 3rd quarter. AIA Group Ltd now owns 254,654 shares of the network equipment provider’s stock valued at $17,423,000 after acquiring an additional 114,474 shares during the last quarter. Financial Symmetry Inc lifted its stake in Cisco Systems by 2.7% in the 3rd quarter. Financial Symmetry Inc now owns 11,081 shares of the network equipment provider’s stock worth $758,000 after purchasing an additional 288 shares in the last quarter. Farmers National Bank lifted its stake in Cisco Systems by 20.8% in the 3rd quarter. Farmers National Bank now owns 90,426 shares of the network equipment provider’s stock worth $6,187,000 after purchasing an additional 15,581 shares in the last quarter. Finally, Painted Porch Advisors LLC boosted its holdings in shares of Cisco Systems by 9.9% during the 3rd quarter. Painted Porch Advisors LLC now owns 4,551 shares of the network equipment provider’s stock valued at $311,000 after purchasing an additional 409 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

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.