HSBC Forecasts Strong Price Appreciation for Cisco Systems (NASDAQ:CSCO) Stock

Cisco Systems (NASDAQ:CSCO) had its target price raised by investment analysts at HSBC from $69.00 to $74.00 in a research note issued on Friday,MarketScreener reports. The firm currently has a “hold” rating on the network equipment provider’s stock. HSBC’s target price points to a potential downside of 5.13% from the stock’s current price.

Several other research analysts have also recently issued reports on CSCO. Barclays raised their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a report on Thursday. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Bank of America lifted their price target on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Finally, Rosenblatt Securities boosted their target price on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $83.75.

Cisco Systems Stock Up 0.8%

Shares of CSCO stock opened at $78.00 on Friday. Cisco Systems has a fifty-two week low of $52.11 and a fifty-two week high of $79.50. The firm has a market capitalization of $307.38 billion, a PE ratio of 29.77, a P/E/G ratio of 3.00 and a beta of 0.95. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock’s 50-day simple moving average is $69.87 and its 200-day simple moving average is $67.49.

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

Insider Transactions at Cisco Systems

In other news, SVP Maria Victoria Wong sold 3,162 shares of the stock in a transaction dated Monday, August 25th. The shares were 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 directly owned 31,468 shares in the company, 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 at this link. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction dated 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 owned 157,184 shares in the company, valued at $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 33,089 shares of company stock worth $2,236,383. 0.01% of the stock is owned by insiders.

Institutional Investors Weigh In On Cisco Systems

A number of large investors have recently made changes to their positions in CSCO. Bare Financial Services Inc boosted its position in shares of Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after acquiring an additional 308 shares during the last quarter. Marquette Asset Management LLC purchased a new stake in Cisco Systems in the 3rd quarter valued at about $25,000. Legacy Investment Solutions LLC acquired a new position in Cisco Systems in the second quarter valued at about $28,000. Lowe Wealth Advisors LLC boosted its stake in Cisco Systems by 96.2% during the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after buying an additional 200 shares during the period. Finally, Financial Connections Group Inc. increased its position in shares of Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares during the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

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.