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

A number of research firms have changed their ratings and price targets for Cisco Systems (NASDAQ: CSCO):

• 10/3/2026 – Cisco Systems was downgraded by Wall Street Zen from “buy” to “hold”.
• 9/30/2026 – Cisco Systems was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/30/2026 – Cisco Systems is now covered by Sanford C. Bernstein. They set a “market perform” rating and a $110.00 price target on the stock.
• 9/22/2026 – Cisco Systems had its price target lowered by Piper Sandler from $132.00 to $125.00. They now have a “neutral” rating on the stock.
• 9/20/2026 – Cisco Systems was upgraded by Wall Street Zen from “hold” to “buy”.
• 9/12/2026 – Cisco Systems was downgraded by Wall Street Zen from “buy” to “hold”.
• 9/1/2026 – Cisco Systems is now covered by Deutsche Bank Aktiengesellschaft. They set a “buy” rating and a $135.00 price target on the stock.
• 8/26/2026 – Cisco Systems had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 8/16/2026 – Cisco Systems was upgraded by Freedom Capital from “hold” to “strong-buy”.
• 8/15/2026 – Cisco Systems was upgraded by Wall Street Zen from “hold” to “buy”.
• 8/14/2026 – Cisco Systems was downgraded by HSBC Holdings plc from “buy” to “hold”. They now have a $120.00 price target on the stock, down from $137.00.
• 8/13/2026 – Cisco Systems had its price target raised by UBS Group AG from $132.00 to $138.00. They now have a “buy” rating on the stock.
• 8/13/2026 – Cisco Systems had its price target raised by Truist Financial Corporation from $125.00 to $140.00. They now have a “buy” rating on the stock.
• 8/13/2026 – Cisco Systems had its price target raised by Wells Fargo & Company from $130.00 to $150.00. They now have an “overweight” rating on the stock.
• 8/13/2026 – Cisco Systems had its price target raised by Barclays PLC from $121.00 to $123.00. They now have an “equal weight” rating on the stock.
• 8/13/2026 – Cisco Systems had its price target raised by KeyCorp from $130.00 to $135.00. They now have an “overweight” rating on the stock.
• 8/13/2026 – Cisco Systems had its price target raised by Rosenblatt Securities from $150.00 to $165.00. They now have a “buy” rating on the stock.
• 8/13/2026 – Cisco Systems had its price target raised by Morgan Stanley from $130.00 to $135.00. They now have an “overweight” rating on the stock.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 annualized dividend and a yield of 1.4%. Cisco Systems’s payout ratio is currently 50.30%.

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 5,832 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total value of $650,093.04. Following the sale, the executive vice president directly owned 128,382 shares of the company’s stock, valued at $14,310,741.54. This represents a 4.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,170 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total transaction of $799,956.90. Following the transaction, the insider directly owned 230,593 shares of the company’s stock, valued at $25,727,261.01. This represents a 3.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by insiders.

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.