Cisco Systems (NASDAQ:CSCO) Stock Price Expected to Rise, Evercore ISI Analyst Says

Cisco Systems (NASDAQ:CSCO) had its price objective boosted by analysts at Evercore ISI from $100.00 to $175.00 in a research note issued on Tuesday,MarketScreener reports. The firm currently has an “outperform” rating on the network equipment provider’s stock. Evercore ISI’s target price indicates a potential upside of 114.56% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Citigroup boosted their price target on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research note on Tuesday, January 27th. Wells Fargo & Company upped their target price on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. increased their price target on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Finally, President Capital cut their price objective on Cisco Systems from $90.00 to $88.00 in a research report on Wednesday, December 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $90.38.

Cisco Systems Stock Up 1.1%

CSCO traded up $0.92 during midday trading on Tuesday, reaching $81.56. 5,861,365 shares of the company were exchanged, compared to its average volume of 18,739,180. The company has a market cap of $322.26 billion, a price-to-earnings ratio of 30.66, a price-to-earnings-growth ratio of 2.96 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. Cisco Systems has a one year low of $52.11 and a one year high of $83.24. The company’s fifty day moving average price is $76.83 and its 200 day moving average price is $72.24.

Cisco Systems (NASDAQ:CSCO) last released its quarterly 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. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.Cisco Systems’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, analysts expect that Cisco Systems will post 3.04 EPS for the current year.

Insider Buying and Selling at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the transaction, the senior vice president owned 32,176 shares in the company, valued at $2,584,698.08. This trade represents a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael D. Capellas sold 10,850 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $77.13, for a total transaction of $836,860.50. Following the completion of the sale, the director directly owned 146,368 shares in the company, valued at approximately $11,289,363.84. This trade represents a 6.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,044,865 shares of company stock valued at $81,397,635. Insiders own 0.01% of the company’s stock.

Institutional Investors Weigh In On Cisco Systems

A number of institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Cisco Systems by 7.5% in the second quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock valued at $706,000 after purchasing an additional 712 shares in the last quarter. Drake & Associates LLC bought a new stake in Cisco Systems during the second quarter valued at approximately $645,000. Finally, Hardy Reed LLC grew its stake in Cisco Systems by 3.0% in the 2nd quarter. Hardy Reed LLC now owns 5,976 shares of the network equipment provider’s stock worth $415,000 after buying an additional 175 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

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.