Cisco Systems (NASDAQ:CSCO) Upgraded at Truist Financial

Cisco Systems (NASDAQ:CSCO) was upgraded by equities research analysts at Truist Financial to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

CSCO has been the subject of a number of other research reports. DZ Bank upgraded Cisco Systems to a “strong-buy” rating in a report on Friday, February 13th. HSBC boosted their target price on shares of Cisco Systems from $74.00 to $77.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Argus upgraded shares of Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. CICC Research lifted their price target on shares of Cisco Systems from $84.00 to $96.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Finally, Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $89.76.

Cisco Systems Price Performance

CSCO opened at $77.59 on Monday. Cisco Systems has a 52-week low of $52.11 and a 52-week high of $88.18. The company has a 50 day moving average of $79.10 and a two-hundred day moving average of $75.49. The company has a market cap of $306.47 billion, a P/E ratio of 27.22, a P/E/G ratio of 2.91 and a beta of 0.87. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.02. The business had revenue of $15.35 billion for the quarter, compared to the consensus estimate of $15.11 billion. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.94 EPS. On average, analysts expect that Cisco Systems will post 3.04 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 7,981 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total value of $634,489.50. Following the sale, the executive vice president directly owned 187,097 shares of the company’s stock, valued at $14,874,211.50. This represents a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $77.07, for a total transaction of $134,410.08. Following the transaction, the executive vice president owned 156,693 shares in the company, valued at $12,076,329.51. This trade represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 46,431 shares of company stock valued at $3,574,820. 0.01% of the stock is owned by insiders.

Hedge Funds Weigh In On Cisco Systems

Several large investors have recently modified their holdings of CSCO. Purpose Unlimited Inc. bought a new stake in Cisco Systems in the fourth quarter valued at about $10,643,000. Cornerstone Planning LLC bought a new position in Cisco Systems during the 4th quarter worth approximately $3,637,000. Rockefeller Capital Management L.P. grew its position in shares of Cisco Systems by 25.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,484,176 shares of the network equipment provider’s stock worth $191,356,000 after acquiring an additional 506,128 shares in the last quarter. Bank of New Hampshire increased its holdings in shares of Cisco Systems by 8.0% in the 4th quarter. Bank of New Hampshire now owns 19,337 shares of the network equipment provider’s stock valued at $1,490,000 after acquiring an additional 1,435 shares during the last quarter. Finally, Osbon Capital Management LLC bought a new stake in shares of Cisco Systems in the 4th quarter valued at approximately $32,000. Institutional investors own 73.33% of the company’s stock.

Key Cisco Systems News

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

• Positive Sentiment: Truist initiated coverage with a “buy” and $94 price target, giving analysts’ backing that can attract demand and support the rally. Truist starts coverage on Cisco with buy and $94 PT
• Positive Sentiment: Beacon Investment Advisory increased its stake modestly (8,879 shares), a signal of institutional accumulation that can be viewed as incremental support. Beacon Investment Advisory Services Inc. Acquires 8,879 Shares of Cisco Systems, Inc. $CSCO
• Neutral Sentiment: Arista (ANET) is reporting sizable margin expansion driven by AI networking demand — this highlights strong sector demand but also competitive pressure that could influence Cisco’s margin outlook over time. ANET’s Margin Expansion Moderates: Can Growth Be Sustained?
• Neutral Sentiment: Several recent analyst/appeal pieces review Cisco’s pullback and valuation, providing balanced perspectives that may attract longer-term investors evaluating entry after recent volatility. Is It Too Late To Consider Cisco Systems (CSCO) After Its Recent Share Price Pullback?
• Negative Sentiment: Reports tied to a recent Trivy breach suggested a cyberattack link; Cisco says it contained the issue, but security incident headlines briefly pressured sentiment and can amplify risk aversion in networking names. Cisco Stock (CSCO) Wobbles after Reports of Cyberattack Linked to Recent Trivy Breach
• Negative Sentiment: Escalating Middle East tensions — including threats from Iran’s Revolutionary Guard against Western tech firms — are driving broader market volatility and weighing on stocks with global enterprise exposure. Iran’s Revolutionary Guard Threatens to Strike U.S. Companies in Mideast
• Negative Sentiment: Macro headlines and risk-off flows linked to the Middle East drove a recent session where Cisco fell more than the broader market, showing sensitivity to geopolitical shocks despite company-specific fundamentals. Here’s Why Cisco Systems (CSCO) Fell More Than Broader Market

Cisco Systems Company Profile

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.