Cisco Systems (NASDAQ:CSCO) Shares Break Above Fifty Day Moving Average – Here’s What Happened

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $110.23 and traded as high as $111.01. Cisco Systems shares last traded at $110.24, with a volume of 20,453,730 shares.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: AI-focused partner strategy: At Cisco Partner Summit, the company introduced updates to its Cisco 360 partner program, including ecosystem deal registration, new incentives, AI-enabled tools, and broader availability of Cisco IQ. The initiatives are designed to help partners capture increased enterprise spending on AI-ready networking and could support future revenue growth. Cisco Expands Partner Opportunity with New Cisco 360 Program Updates, High Yield Customer Experience Offerings, and AI-Ready Innovations
• Positive Sentiment: Expanded Cisco IQ adoption: Presidio is integrating Cisco IQ with its Presidio Advisor platform, combining Cisco’s AI-powered operational intelligence with multi-vendor lifecycle management. The agreement may increase the visibility and commercial reach of Cisco IQ while reinforcing Cisco’s position in proactive IT management and security. Presidio Integrates Cisco IQ with Presidio Advisor
• Positive Sentiment: Fundamental and analyst support: Wall Street’s generally bullish view, along with Cisco’s latest earnings beat, 17.6% revenue growth, and raised fiscal-year outlook, continues to attract investor attention. Is It Worth Investing in Cisco Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Trading considerations: Technical coverage describes a rebound but highlights resistance ahead. Cisco’s shares trade well above their 200-day moving average, while a P/E near 33 may make investors more sensitive to execution and forward-growth expectations. Cisco Bounces Back: Can It Break Through Resistance?
• Neutral Sentiment: A report showing zero short interest offers no meaningful bearish or short-covering signal and appears inconsistent with the claim of a large increase in short interest.

Analysts Set New Price Targets

CSCO has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 price objective on the stock. Sanford C. Bernstein began coverage on Cisco Systems in a report on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 target price for the company. KeyCorp upped their target price on Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Rosenblatt Securities increased their price target on Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Finally, Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $128.52.

Cisco Systems Stock Performance

The firm has a 50 day moving average of $110.23 and a two-hundred day moving average of $100.14. The stock has a market cap of $434.63 billion, a P/E ratio of 33.01, a P/E/G ratio of 2.22 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. The company had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the business posted $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. On average, research analysts predict that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

Insider Buying and Selling at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 312 shares of the stock in a transaction on Monday, September 14th. The shares were sold at an average price of $110.18, for a total value of $34,376.16. Following the completion of the transaction, the executive vice president owned 127,661 shares in the company, valued at approximately $14,065,688.98. This represents a 0.24% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,170 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.57, for a total transaction of $799,956.90. Following the completion of the sale, the insider directly owned 230,593 shares in the company, valued at approximately $25,727,261.01. The trade was a 3.02% 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 sold a total of 44,869 shares of company stock valued at $5,005,620 in the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Cisco Systems

Several large investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Cisco Systems in the second quarter valued at $42,129,647,000. State Street Corp boosted its stake 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 purchasing an additional 13,512,872 shares in the last quarter. Bank of America Corp DE bought a new position in Cisco Systems during the 2nd quarter valued at about $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Cisco Systems by 2.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock valued at $5,103,654,000 after purchasing an additional 1,143,106 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Cisco Systems during the second quarter worth about $4,714,574,000. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.