UBS Group Issues Positive Forecast for Cisco Systems (NASDAQ:CSCO) Stock Price

Cisco Systems (NASDAQ:CSCO) had its target price hoisted by UBS Group from $88.00 to $90.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the network equipment provider’s stock. UBS Group’s target price would suggest a potential upside of 16.46% from the stock’s previous close.

Several other analysts have also recently issued reports on CSCO. KeyCorp upped their price objective on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday. Melius Research raised their price target on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday. HSBC reaffirmed a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. Piper Sandler increased their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Finally, William Blair upgraded Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average target price of $81.32.

Cisco Systems Price Performance

CSCO traded up $3.32 during trading on Thursday, hitting $77.28. 28,693,574 shares of the company traded hands, compared to its average volume of 20,844,680. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a market cap of $304.54 billion, a PE ratio of 29.48, a P/E/G ratio of 3.00 and a beta of 0.95. The stock’s 50-day simple moving average is $69.46 and its two-hundred day simple moving average is $67.20. Cisco Systems has a 1 year low of $52.11 and a 1 year high of $79.50.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share 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 during the quarter, compared to analyst estimates of $14.77 billion. During the same quarter last year, the business posted $0.91 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, sell-side analysts anticipate that Cisco Systems will post 3.04 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jeetendra I. Patel sold 9,061 shares of the business’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the transaction, the insider owned 237,405 shares of the company’s stock, valued at $15,811,173. The trade was a 3.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 82,965 shares of company stock valued at $5,559,996 over the last quarter. Insiders own 0.01% of the company’s stock.

Institutional Trading of Cisco Systems

A number of hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Cisco Systems during the 2nd quarter valued at approximately $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of Cisco Systems by 413.3% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock valued at $1,553,645,000 after purchasing an additional 18,030,441 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of Cisco Systems during the 2nd quarter worth $904,542,000. Franklin Resources Inc. increased its position in shares of Cisco Systems by 46.2% during the 2nd quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after purchasing an additional 12,904,969 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Cisco Systems by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after buying an additional 12,775,066 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

About Cisco Systems

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.