Research Analysts’ Recent Ratings Updates for Cisco Systems (CSCO)

Several brokerages have updated their recommendations and price targets on shares of Cisco Systems (NASDAQ: CSCO) in the last few weeks:

• 5/26/2026 – Cisco Systems had its price target raised by Bank of America Corporation from $114.00 to $135.00. They now have a “buy” rating on the stock.
• 5/19/2026 – Cisco Systems had its price target raised by Argus from $100.00 to $150.00. They now have a “buy” rating on the stock.
• 5/18/2026 – Cisco Systems had its price target raised by CICC Research from $96.00 to $125.00. They now have an “outperform” rating on the stock.
• 5/15/2026 – Cisco Systems was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 5/15/2026 – Cisco Systems had its price target raised by Citic Securities from $90.00 to $130.00.
• 5/15/2026 – Cisco Systems was upgraded by HSBC Holdings plc from “hold” to “buy”. They now have a $137.00 price target on the stock, up from $77.00.
• 5/14/2026 – Cisco Systems had its price target raised by Evercore Inc from $110.00 to $150.00. They now have an “outperform” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by Wells Fargo & Company from $95.00 to $130.00. They now have an “overweight” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by BNP Paribas Exane from $87.00 to $132.00. They now have an “outperform” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by Piper Sandler from $86.00 to $132.00. They now have a “neutral” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by The Goldman Sachs Group, Inc. from $75.00 to $116.00. They now have a “neutral” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by Citigroup Inc. from $90.00 to $112.00. They now have a “buy” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by Morgan Stanley from $91.00 to $120.00. They now have an “overweight” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by Barclays PLC from $76.00 to $121.00. They now have an “equal weight” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by Bank of America Corporation from $95.00 to $114.00. They now have a “buy” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by New Street Research from $82.00 to $122.00. They now have a “neutral” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by UBS Group AG from $95.00 to $132.00. They now have a “buy” rating on the stock.
• 5/14/2026 – Cisco Systems had its price target raised by KeyCorp from $87.00 to $125.00. They now have an “overweight” rating on the stock.
• 5/11/2026 – Cisco Systems had its price target raised by JPMorgan Chase & Co. from $95.00 to $96.00.
• 5/4/2026 – Cisco Systems had its price target raised by Evercore Inc from $100.00 to $110.00. They now have an “outperform” rating on the stock.
• 4/24/2026 – Cisco Systems had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/16/2026 – Cisco Systems had its price target raised by JPMorgan Chase & Co. from $95.00 to $96.00. They now have an “overweight” rating on the stock.
• 4/13/2026 – Cisco Systems was downgraded by Zacks Research from “strong-buy” to “hold”.
• 3/31/2026 – Cisco Systems is now covered by Truist Financial Corporation. They set a “buy” rating and a $94.00 price target on the stock.
• 3/30/2026 – Cisco Systems was upgraded by Truist Financial Corporation to “strong-buy”.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. Cisco Systems’s dividend payout ratio (DPR) is currently 54.55%.

Insider Activity

In other news, EVP Oliver Tuszik sold 2,761 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $114.61, for a total transaction of $316,438.21. Following the completion of the transaction, the executive vice president owned 180,877 shares in the company, valued at approximately $20,730,312.97. This represents a 1.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $120.03, for a total value of $2,568,642.00. Following the transaction, the chief executive officer owned 637,085 shares of the company’s stock, valued at $76,469,312.55. The trade was a 3.25% 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. Over the last quarter, insiders sold 51,324 shares of company stock worth $5,559,834. 0.01% of the stock is owned by insiders.

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.