Cisco Systems (NASDAQ:CSCO) Given New $132.00 Price Target at Piper Sandler

Cisco Systems (NASDAQ:CSCO) had its target price increased by research analysts at Piper Sandler from $86.00 to $132.00 in a research note issued to investors on Thursday,MarketScreener reports. The brokerage presently has a “neutral” rating on the network equipment provider’s stock. Piper Sandler’s price objective indicates a potential upside of 13.42% from the company’s current price.

A number of other equities research analysts have also recently weighed in on the stock. The Goldman Sachs Group lifted their price objective on shares of Cisco Systems from $75.00 to $116.00 and gave the company a “neutral” rating in a research note on Thursday. Evercore increased their target price on shares of Cisco Systems from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. UBS Group reissued a “buy” rating on shares of Cisco Systems in a research note on Thursday. Barclays upped their price target on shares of Cisco Systems from $76.00 to $121.00 in a research note on Thursday. Finally, Erste Group Bank cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and a consensus target price of $108.32.

Cisco Systems Stock Performance

CSCO stock traded up $14.51 on Thursday, reaching $116.38. The company’s stock had a trading volume of 34,663,707 shares, compared to its average volume of 22,660,469. Cisco Systems has a 52 week low of $62.30 and a 52 week high of $119.36. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.96 and a quick ratio of 0.85. The company has a market capitalization of $459.68 billion, a P/E ratio of 40.82, a price-to-earnings-growth ratio of 3.73 and a beta of 0.92. The firm has a fifty day moving average of $83.93 and a two-hundred day moving average of $79.36.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.03. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The firm had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. During the same quarter in the previous year, the business earned $0.96 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, analysts predict that Cisco Systems will post 3.42 EPS for the current fiscal year.

Insider Buying and Selling at Cisco Systems

In other news, EVP Oliver Tuszik sold 3,132 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total transaction of $249,745.68. Following the sale, the executive vice president owned 188,613 shares in the company, valued at $15,040,000.62. The trade was a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $77.07, for a total transaction of $134,410.08. Following the completion of the transaction, the executive vice president directly owned 156,693 shares of the company’s stock, valued at $12,076,329.51. This represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 46,431 shares of company stock valued at $3,574,820 over the last three months. 0.01% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CSCO. MidAtlantic Capital Management Inc. acquired a new stake in Cisco Systems during the 4th quarter worth about $25,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of Cisco Systems in the 4th quarter valued at about $25,000. Networth Advisors LLC boosted its holdings in shares of Cisco Systems by 276.4% during the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after purchasing an additional 246 shares during the period. Financial Life Planners acquired a new stake in shares of Cisco Systems during the first quarter worth approximately $27,000. Finally, Manning & Napier Advisors LLC grew its position in Cisco Systems by 137.0% during the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after purchasing an additional 200 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

More Cisco Systems News

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

• Positive Sentiment: Cisco reported revenue of $15.84 billion, up 12% year over year and above Wall Street estimates, while adjusted EPS of $1.06 also topped expectations. Cisco Reports Third Quarter Earnings
• Positive Sentiment: The company raised full-year fiscal 2026 guidance, with revenue now projected at $62.8 billion-$63.0 billion and EPS at $4.27-$4.29, both above consensus, signaling confidence in demand trends. Reuters article
• Positive Sentiment: Cisco said AI infrastructure orders are surging, including about $9 billion in hyperscaler AI infrastructure orders for FY2026, reinforcing the market’s view that Cisco is becoming a bigger AI play. Article about AI infrastructure orders
• Positive Sentiment: The company also announced a quarterly dividend of $0.42 per share, which supports its appeal to income-focused investors. MarketBeat dividend note
• Neutral Sentiment: Cisco is cutting about 4,000 jobs as part of an AI-focused restructuring, with up to $1 billion in related charges; investors see this as a margin/efficiency move, but it also adds near-term execution risk. WSJ article

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.