Cisco Systems, Inc. (NASDAQ:CSCO) Receives $75.50 Average Price Target from Brokerages

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) have received a consensus recommendation of “Moderate Buy” from the twenty-five research firms that are presently covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $83.75.

CSCO has been the topic of several recent analyst reports. CICC Research raised their price target on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a report on Friday. JPMorgan Chase & Co. upped their price objective on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday. Rosenblatt Securities lifted their target price on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday. Barclays boosted their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, William Blair upgraded shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th.

Cisco Systems Stock Up 0.8%

Shares of NASDAQ:CSCO opened at $78.00 on Thursday. The firm has a fifty day moving average price of $69.87 and a two-hundred day moving average price of $67.49. The company has a market cap of $307.38 billion, a price-to-earnings ratio of 29.77, a PEG ratio of 3.00 and a beta of 0.95. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. Cisco Systems has a one year low of $52.11 and a one year high of $79.50.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Analysts anticipate that Cisco Systems will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s payout ratio is 61.65%.

Insider Transactions at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 3,162 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $67.28, for a total value of $212,739.36. Following the completion of the sale, the senior vice president owned 31,468 shares of the company’s stock, valued at $2,117,167.04. This represents a 9.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the transaction, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,089 shares of company stock valued at $2,236,383 over the last quarter. 0.01% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cisco Systems

Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Cisco Systems by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock valued at $27,334,996,000 after acquiring an additional 5,039,714 shares during the last quarter. State Street Corp increased its holdings in Cisco Systems by 0.6% during the 2nd quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock valued at $13,507,956,000 after purchasing an additional 1,067,872 shares during the period. Geode Capital Management LLC increased its holdings in Cisco Systems by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock valued at $6,864,058,000 after purchasing an additional 1,157,704 shares during the period. Norges Bank bought a new position in Cisco Systems during the 2nd quarter valued at approximately $3,816,825,000. Finally, Invesco Ltd. lifted its holdings in Cisco Systems by 10.5% in the 3rd quarter. Invesco Ltd. now owns 53,612,720 shares of the network equipment provider’s stock worth $3,668,182,000 after buying an additional 5,081,469 shares during the period. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.