Cisco Systems (NASDAQ:CSCO) Price Target Cut to $130.00 by Analysts at Wells Fargo & Company

Cisco Systems (NASDAQ:CSCO) had its price objective cut by research analysts at Wells Fargo & Company from $150.00 to $130.00 in a research note issued on Friday, Benzinga reports. The firm presently has an “overweight” rating on the network equipment provider’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 35.16% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Rosenblatt Securities dropped their price objective on Cisco Systems from $165.00 to $140.00 and set a “buy” rating for the company in a research note on Friday. KeyCorp lifted their target price on Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Sanford C. Bernstein assumed coverage on Cisco Systems in a report on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 price target on the stock. Finally, Zacks Research upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 30th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $125.27.

Cisco Systems Price Performance

Shares of CSCO traded down $5.83 during trading hours on Friday, reaching $96.18. 11,607,836 shares of the stock traded hands, compared to its average volume of 21,999,137. The company has a market cap of $379.21 billion, a P/E ratio of 28.74, a price-to-earnings-growth ratio of 2.07 and a beta of 1.01. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. The company’s 50-day moving average price is $108.02 and its two-hundred day moving average price is $102.13. Cisco Systems has a 52-week low of $72.80 and a 52-week high of $130.37.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. The business had revenue of $18.52 billion during the quarter, compared to analyst estimates of $18.12 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. During the same quarter in the prior year, the business posted $1.00 EPS. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. On average, analysts anticipate that Cisco Systems will post 4.48 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Oliver Tuszik sold 680 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was 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 directly owned 163,337 shares in the company, valued at approximately $17,996,470.66. This represents a 0.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 312 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $34,376.16. Following the completion of the transaction, the executive vice president directly owned 127,661 shares of the company’s stock, valued at approximately $14,065,688.98. This trade represents a 0.24% decrease in their ownership of the stock. 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 6,824 shares of company stock worth $759,392. Corporate insiders own 0.01% of the company’s stock.

Institutional Investors Weigh In On Cisco Systems

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Cisco Systems in the 2nd quarter worth $42,129,647,000. Bank of America Corp DE purchased a new stake in shares of Cisco Systems during the 2nd quarter valued at about $5,892,379,000. Bank of New York Mellon Corp bought a new position in shares of Cisco Systems in the 2nd quarter valued at about $4,714,574,000. Deutsche Bank AG bought a new position in shares of Cisco Systems in the 2nd quarter valued at about $1,997,004,000. Finally, State Street Corp lifted its holdings in shares of Cisco Systems by 7.0% in the 2nd quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after acquiring an additional 13,512,872 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Key Stories Impacting Cisco Systems

Investors following CSCO have been watching these stories:

• Positive Sentiment: Fiscal Q1 revenue of $18.5 billion and adjusted EPS of $1.40 exceeded analyst expectations. Cisco also raised its fiscal 2027 revenue and earnings forecasts above consensus, supporting the growth outlook. Reuters article
• Negative Sentiment: Investors are focusing on margin pressure from higher hardware exposure and memory costs, which could limit how much of the strong sales growth translates into profit. Zacks article
• Negative Sentiment: Broader weakness and volatility across technology stocks, including Nvidia-related market concerns, may also be weighing on CSCO as investors reassess growth-stock valuations. Stocktwits article

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.