Cisco Systems (NASDAQ:CSCO) Price Target Raised to $87.00 at BNP Paribas Exane

Cisco Systems (NASDAQ:CSCO) had its price target upped by analysts at BNP Paribas Exane from $86.00 to $87.00 in a research note issued on Thursday,MarketScreener reports. The brokerage presently has an “outperform” rating on the network equipment provider’s stock. BNP Paribas Exane’s price target indicates a potential upside of 11.01% from the company’s previous close.

A number of other brokerages also recently weighed in on CSCO. Morgan Stanley raised their target price on Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Barclays lifted their target price on Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Citic Securities raised their price target on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Rosenblatt Securities reiterated a “buy” rating and set a $100.00 price objective on shares of Cisco Systems in a research report on Thursday. Finally, Melius Research raised their target price on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.73.

Cisco Systems Stock Down 8.4%

CSCO stock opened at $78.37 on Thursday. Cisco Systems has a 52 week low of $52.11 and a 52 week high of $88.18. The business has a 50-day simple moving average of $77.91 and a 200 day simple moving average of $72.99. 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 company has a market cap of $309.65 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 3.26 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.02 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.11 billion. During the same period last year, the firm earned $0.94 EPS. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. Sell-side analysts anticipate that Cisco Systems will post 3.04 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Michael D. Capellas sold 10,850 shares of the company’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 value of $836,860.50. Following the sale, the director directly owned 146,368 shares in the company, valued at $11,289,363.84. This represents a 6.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $80.33, for a total transaction of $34,381.24. Following the sale, the senior vice president directly owned 32,176 shares of the company’s stock, valued at $2,584,698.08. This represents a 1.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last ninety days. 0.01% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Cisco Systems

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bare Financial Services Inc increased its holdings in shares of Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after acquiring an additional 308 shares in the last quarter. Marquette Asset Management LLC acquired a new stake in Cisco Systems in the 3rd quarter valued at $25,000. MidAtlantic Capital Management Inc. bought a new stake in Cisco Systems during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC acquired a new position in Cisco Systems during the second quarter worth $28,000. Finally, Lowe Wealth Advisors LLC lifted its stake in shares of Cisco Systems by 96.2% in the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Record Q2 revenue and beat on non‑GAAP EPS with raised full‑year guidance — Cisco reported ~$15.3B revenue and non‑GAAP EPS of $1.04, and raised FY26 revenue guidance to $61.2–$61.7B and non‑GAAP EPS to $4.13–$4.17, giving a clear demand signal (AI/hyperscaler strength). PR Newswire: Cisco Reports Second Quarter Earnings
• Positive Sentiment: New AI networking silicon — Cisco unveiled the Silicon One G300 (102.4Tbps) aimed at large AI clusters, positioning CSCO to capture infrastructure spending from hyperscalers and compete with Broadcom/Nvidia. This product announcement supports the revenue/AI narrative. InsiderMonkey: Silicon One G300 Announcement
• Positive Sentiment: Dividend rise — Cisco increased its quarterly dividend to $0.42 (2% raise), supporting the income-investor case and total‑return thesis. Press Release / Slide Deck
• Positive Sentiment: Analyst support — Rosenblatt reaffirmed a “buy” and $100 PT, reflecting continued analyst optimism and potential upside vs. current levels. Benzinga: Rosenblatt Rating
• Neutral Sentiment: Trade/tariff policy update — U.S. House moved to block tariffs on Canada; reduced trade-policy uncertainty could be modestly positive for tech supply chains but the direct impact on Cisco’s near-term results is unclear. YouTube: Canada Tariffs Override
• Negative Sentiment: Margin concerns from higher memory costs — Several outlets flagged that rising memory prices are pressuring gross margins; Cisco reported GAAP gross margin below some estimates and commentary on component cost pressure weighed on the stock. MSN: Memory Costs Pressure Margins
• Negative Sentiment: Mood mismatch — Despite beats and an upgraded full‑year outlook, investors reacted negatively to guidance that many saw as only in‑line (or conservative on margins), driving post‑close and premarket selling. Coverage notes and market commentary highlight the selloff. CNBC: Stock Drops on Forecast Reaction
• Negative Sentiment: Headline focus on gross‑margin metrics and cash‑flow/chip-costs — Media reports emphasizing below‑estimate gross margin and memory‑cost headwinds amplified selling despite top‑line momentum. MarketWatch: Investors Pan Earnings

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.