Truist Financial Raises Cisco Systems (NASDAQ:CSCO) Price Target to $140.00

Cisco Systems (NASDAQ:CSCO) had its target price upped by analysts at Truist Financial from $125.00 to $140.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the network equipment provider’s stock. Truist Financial’s price target indicates a potential upside of 23.98% from the stock’s current price.

A number of other brokerages have also issued reports on CSCO. Rosenblatt Securities boosted their price target on Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday. New Street Research lifted their target price on Cisco Systems from $82.00 to $122.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. The Goldman Sachs Group upped their target price on Cisco Systems from $116.00 to $125.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Weiss Ratings raised Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 29th. Finally, Zacks Research lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.95.

Cisco Systems Trading Down 8.8%

CSCO traded down $10.96 on Thursday, reaching $112.92. 29,560,582 shares of the company traded hands, compared to its average volume of 23,549,324. The company has a market cap of $445.08 billion, a P/E ratio of 36.73, a price-to-earnings-growth ratio of 2.71 and a beta of 1.02. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. Cisco Systems has a one year low of $65.75 and a one year high of $130.37. The firm has a fifty day simple moving average of $117.56 and a two-hundred day simple moving average of $98.72.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 EPS. 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. As a group, equities research analysts expect that Cisco Systems will post 3.54 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Oliver Tuszik sold 2,761 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $114.61, for a total value of $316,438.21. Following the sale, the executive vice president directly owned 180,877 shares in the company, valued at approximately $20,730,312.97. This trade represents a 1.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of Cisco Systems stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.31, for a total transaction of $772,603.66. Following the completion of the transaction, the executive vice president directly owned 177,223 shares in the company, valued at approximately $20,790,030.13. The trade was a 3.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 47,650 shares of company stock valued at $5,668,823 over the last three months. Corporate insiders own 0.01% of the company’s stock.

Institutional Investors Weigh In On Cisco Systems

Several institutional investors have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Cisco Systems by 1,395.7% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,063,689 shares of the network equipment provider’s stock worth $124,941,000 after purchasing an additional 992,573 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its position in shares of Cisco Systems by 30.7% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 128,272 shares of the network equipment provider’s stock worth $15,067,000 after purchasing an additional 30,093 shares in the last quarter. Clarion Wealth Managment Partners LLC acquired a new stake in shares of Cisco Systems in the 2nd quarter worth $201,000. Arete Wealth Advisors LLC grew its stake in Cisco Systems by 7.6% during the 2nd quarter. Arete Wealth Advisors LLC now owns 37,515 shares of the network equipment provider’s stock worth $4,407,000 after buying an additional 2,637 shares during the last quarter. Finally, Nitor Capital Management LLC purchased a new position in Cisco Systems during the 2nd quarter worth $205,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: AI networking demand is accelerating. Cisco reported $9.3 billion in fiscal 2026 AI infrastructure orders, including $4 billion in the fourth quarter, and expects approximately $7.5 billion of AI infrastructure revenue in fiscal 2027. Networking product orders increased 40% year over year, supporting management’s description of a broader “networking supercycle.” Cisco Q4 Earnings Call Centers on AI Networking Supercycle
• Positive Sentiment: Results and guidance exceeded Wall Street estimates. Fiscal fourth-quarter revenue rose 18% to about $17.3 billion, while non-GAAP EPS of $1.22 surpassed the $1.17 consensus. Cisco forecast fiscal 2027 revenue of $72.2 billion to $73.4 billion and non-GAAP EPS of $5.05 to $5.11, both above analyst expectations. First-quarter revenue and EPS guidance also exceeded consensus. Cisco Reports Fourth Quarter and Fiscal Year 2026 Earnings
• Positive Sentiment: Analysts raised price targets. Wells Fargo, Rosenblatt Securities, KeyCorp, Morgan Stanley and Barclays increased their targets, with ratings ranging from “equal weight” to “buy” or “overweight.”
• Neutral Sentiment: Shareholder returns remain intact. Cisco declared a quarterly dividend of $0.42 per share, payable October 21 to shareholders of record October 2.
• Negative Sentiment: Gross-margin concerns drove the market reaction. Investors worry that supplying large AI infrastructure projects could pressure profitability, while the stock’s premium valuation leaves little room for execution or guidance disappointments. Analysts also noted that strong results and forecasts may not have cleared the market’s unusually high bar for AI-related acceleration. Cisco stock falls on margin concerns

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.