Cisco Systems (NASDAQ:CSCO) Price Target Raised to $150.00

Cisco Systems (NASDAQ:CSCO) had its target price upped by investment analysts at Wells Fargo & Company from $130.00 to $150.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the network equipment provider’s stock. Wells Fargo & Company‘s target price would indicate a potential upside of 30.95% from the company’s previous close.

Several other equities research analysts have also recently issued reports on CSCO. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a report on Tuesday, July 28th. Citic Securities increased their price target on Cisco Systems from $90.00 to $130.00 in a research note on Friday, May 15th. Citigroup raised their price target on Cisco Systems from $90.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Bank of America lifted their price objective on Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Finally, KeyCorp upped their price objective on Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $127.76.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO traded down $9.33 during midday trading on Thursday, reaching $114.55. 15,389,000 shares of the company were exchanged, compared to its average volume of 23,446,775. The stock has a market cap of $451.48 billion, a PE ratio of 37.10, a price-to-earnings-growth ratio of 2.71 and a beta of 1.02. The business’s fifty day moving average is $117.56 and its two-hundred day moving average is $98.72. Cisco Systems has a one year low of $65.75 and a one year high of $130.37. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 20.14% and a return on equity of 28.44%. Cisco Systems’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm 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. As a group, analysts predict that Cisco Systems will post 3.54 earnings per share for the current year.

Insider Transactions at Cisco Systems

In other Cisco Systems news, insider Jeetendra I. Patel sold 7,169 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.28, for a total transaction of $840,780.32. Following the sale, the insider directly owned 246,737 shares in the company, valued at $28,937,315.36. This represents a 2.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,761 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $114.61, for a total value of $316,438.21. Following the completion of the sale, the executive vice president directly owned 180,877 shares of the company’s stock, valued at $20,730,312.97. The trade was a 1.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 47,650 shares of company stock worth $5,668,823 in the last quarter. Company insiders own 0.01% of the company’s stock.

Hedge Funds Weigh In On Cisco Systems

Several large investors have recently modified their holdings of the stock. Intesa Sanpaolo Wealth Management purchased a new position in Cisco Systems during the fourth quarter worth $25,000. MidAtlantic Capital Management Inc. bought a new position in Cisco Systems during the fourth quarter valued at $25,000. Networth Advisors LLC raised its stake in shares of Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after acquiring an additional 246 shares during the period. Manning & Napier Advisors LLC raised its stake in shares of Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after acquiring an additional 200 shares during the period. Finally, Financial Life Planners bought a new stake in shares of Cisco Systems in the 1st quarter worth about $27,000. Institutional investors own 73.33% of the company’s stock.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Cisco reported fiscal Q4 revenue of approximately $17.3 billion, up 18% year over year, while non-GAAP EPS of $1.22 exceeded the $1.17 consensus estimate. Networking product orders increased 40%, and total product orders rose 35%. Cisco fiscal 2026 earnings release
• Positive Sentiment: AI infrastructure demand remains a major growth driver. Cisco received $4 billion of AI-related orders in Q4 and $9.3 billion for fiscal 2026, and expects AI infrastructure revenue to reach $7.5 billion in fiscal 2027. Cisco earnings call highlights
• Positive Sentiment: Management forecast Q1 fiscal 2027 revenue of $18.0 billion to $18.2 billion and non-GAAP EPS of $1.32 to $1.34. Full-year revenue guidance of $72.2 billion to $73.4 billion and EPS guidance of $5.05 to $5.11 also exceeded analyst expectations. Reuters Cisco outlook
• Positive Sentiment: KeyCorp and Morgan Stanley raised their price targets to $135 and maintained “overweight” ratings, while Rosenblatt lifted its target to $165 and upgraded the stock to “buy.” Analyst rating updates
• Neutral Sentiment: Cisco declared a quarterly dividend of $0.42 per share, implying an annualized yield of roughly 1.4%. This supports shareholder returns but is unlikely to be the primary near-term trading catalyst.
• Negative Sentiment: The strong results and guidance failed to clear already-high investor expectations after CSCO’s substantial 2026 rally. Analysts also highlighted squeezed gross margins, creating concern that AI-related growth may come with lower profitability. MarketWatch margin concerns
• Negative Sentiment: Reports also pointed to a services-revenue miss, adding to concerns about the quality and sustainability of Cisco’s growth. With a P/E ratio near 40, investors are demanding continued acceleration, leaving limited room for disappointment. CNBC Cisco earnings coverage

About Cisco Systems

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.