Cisco Systems (NASDAQ:CSCO) Given New $110.00 Price Target at Evercore

Cisco Systems (NASDAQ:CSCO) had its price target lifted by Evercore from $100.00 to $110.00 in a report published on Monday,MarketScreener reports. Evercore currently has an outperform rating on the network equipment provider’s stock.

CSCO has been the topic of several other reports. Erste Group Bank lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. CICC Research increased their target price 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. HSBC increased their target price on shares of Cisco Systems from $74.00 to $77.00 and gave the stock a “hold” rating in a research note on Friday, February 13th. BNP Paribas Exane increased their target price on shares of Cisco Systems from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research note on Friday, April 24th. 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.29.

Cisco Systems Stock Performance

CSCO traded up $1.33 during midday trading on Monday, hitting $93.96. 1,803,095 shares of the company were exchanged, compared to its average volume of 22,019,799. The company’s 50 day simple moving average is $81.46 and its 200 day simple moving average is $78.07. The firm has a market capitalization of $371.15 billion, a price-to-earnings ratio of 32.91, a price-to-earnings-growth ratio of 3.46 and a beta of 0.92. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. Cisco Systems has a 1-year low of $58.58 and a 1-year high of $94.34.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.02. The company had revenue of $15.35 billion for the quarter, compared to the consensus estimate of $15.11 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $0.94 EPS. As a group, sell-side analysts predict that Cisco Systems will post 3.4 earnings per share for the current year.

Cisco Systems Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd were given a dividend of $0.42 per share. This is a boost from Cisco Systems’s previous quarterly dividend of $0.41. The ex-dividend date was Thursday, April 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.8%. Cisco Systems’s payout ratio is currently 58.95%.

Insider Activity

In related news, EVP Oliver Tuszik sold 3,132 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total transaction of $249,745.68. Following the completion of the transaction, the executive vice president owned 188,613 shares in the company, valued at $15,040,000.62. This represents a 1.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles Robbins sold 19,545 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $76.00, for a total transaction of $1,485,420.00. Following the transaction, the chief executive officer owned 671,095 shares of the company’s stock, valued at approximately $51,003,220. This trade represents a 2.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 46,431 shares of company stock worth $3,574,820. Company insiders own 0.01% of the company’s stock.

Institutional Trading of Cisco Systems

Several large investors have recently made changes to their positions in the company. Signature Resources Capital Management LLC increased its position in shares of Cisco Systems by 2.3% during the first quarter. Signature Resources Capital Management LLC now owns 5,061 shares of the network equipment provider’s stock worth $393,000 after purchasing an additional 116 shares in the last quarter. Smithfield Trust Co increased its position in shares of Cisco Systems by 0.3% during the fourth quarter. Smithfield Trust Co now owns 33,666 shares of the network equipment provider’s stock worth $2,596,000 after purchasing an additional 117 shares in the last quarter. Pacific Sage Partners LLC grew its stake in Cisco Systems by 0.7% during the 1st quarter. Pacific Sage Partners LLC now owns 16,185 shares of the network equipment provider’s stock valued at $1,256,000 after acquiring an additional 118 shares in the last quarter. Capstone Wealth Management Group LLC grew its stake in Cisco Systems by 3.2% during the 4th quarter. Capstone Wealth Management Group LLC now owns 3,818 shares of the network equipment provider’s stock valued at $294,000 after acquiring an additional 120 shares in the last quarter. Finally, Hilton Head Capital Partners LLC grew its stake in Cisco Systems by 0.9% during the 1st quarter. Hilton Head Capital Partners LLC now owns 13,488 shares of the network equipment provider’s stock valued at $1,047,000 after acquiring an additional 120 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Cisco is acquiring Israeli security firm Astrix to broaden access/connectivity security capabilities; the deal signals continued M&A to fill product gaps and accelerate go‑to‑market for security features. Cisco to acquire Israeli co Astrix Security
• Positive Sentiment: Qmulos compliance/analytics products are being added to Cisco’s Global Price List via SolutionsPlus, simplifying procurement and deepening integration with Splunk (now part of Cisco) — a move that can speed enterprise adoption and recurring revenue from compliance/use‑case bundles. Cisco Security Push With Astrix And Qmulos Meets Strong Share Momentum
• Positive Sentiment: Cisco unveiled a Universal Quantum Switch (room‑temperature quantum routing over standard fiber) — a technology demonstration that positions Cisco for future quantum networking and could strengthen its AI‑infrastructure narrative over the long term if commercialized. Will Cisco’s Universal Quantum Switch Redefine CSCO’s AI Networking and Security Narrative?
• Positive Sentiment: Evercore analyst commentary highlights Cisco’s Silicon One as underappreciated and a potential multi‑year growth driver for high‑performance networking products — boosting investor confidence in Cisco’s product roadmap and margins expansion potential. Cisco’s Silicon One is ‘underappreciated’ by investors, could drive growth: Evercore
• Positive Sentiment: Key channel partner news — C1 achieved Preferred status across all Cisco 360 designations, reinforcing strong partner execution and go‑to‑market scale for Cisco’s broad portfolio. This supports sales momentum and solution penetration. C1 Achieves Preferred Status Across All Six Designations in Cisco 360 Partner Program
• Neutral Sentiment: Tech sector was mixed in recent market sessions, creating both rotation risk and opportunities; Cisco’s moves are positive, but broader sector flows could mute near‑term upside. Sector Update: Tech Stocks Mixed Late Afternoon
• Negative Sentiment: Valuation and momentum risk — CSCO is near its 1‑year high with a P/E ~33 and elevated PEG; some investors may lock in gains after the recent run, creating short‑term pullback risk (watch volume and guidance for confirmation).

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.