Cisco Systems (NASDAQ:CSCO) Given “Neutral” Rating at Piper Sandler

Cisco Systems (NASDAQ:CSCO)‘s stock had its “neutral” rating reiterated by stock analysts at Piper Sandler in a research note issued to investors on Friday, Benzinga reports. They presently have a $112.00 target price on the network equipment provider’s stock, down from their previous target price of $125.00. Piper Sandler‘s price objective points to a potential upside of 15.93% from the stock’s current price.

A number of other research analysts also recently weighed in on the company. UBS Group upped their price target on Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Morgan Stanley cut Cisco Systems from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $135.00 to $120.00 in a research note on Thursday, November 5th. Sanford C. Bernstein assumed coverage on Cisco Systems in a report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price objective for the company. Barclays lowered their target price on Cisco Systems from $123.00 to $109.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, Freedom Capital upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $126.18.

Cisco Systems Stock Down 5.3%

NASDAQ:CSCO traded down $5.40 during trading hours on Friday, reaching $96.61. The company had a trading volume of 10,019,665 shares, compared to its average volume of 21,994,316. Cisco Systems has a twelve month low of $72.80 and a twelve month high of $130.37. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The firm has a market cap of $380.91 billion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 2.07 and a beta of 1.01. The business’s 50-day simple moving average is $108.02 and its two-hundred day simple moving average is $102.13.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.07. The firm had revenue of $18.52 billion for the quarter, compared to analyst estimates of $18.12 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. During the same quarter in the prior year, the business earned $1.00 earnings per share. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. On average, equities analysts expect that Cisco Systems will post 4.48 earnings per share for the current year.

Insider Activity

In related news, EVP Thimaya Subaiya sold 5,832 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total transaction of $650,093.04. Following the transaction, the executive vice president directly owned 128,382 shares in the company, valued at approximately $14,310,741.54. The trade was a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $74,922.40. Following the completion of the sale, the executive vice president directly owned 163,337 shares of the company’s stock, valued at $17,996,470.66. The trade was a 0.41% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 6,824 shares of company stock worth $759,392. 0.01% of the stock is owned by corporate insiders.

Institutional Trading of Cisco Systems

A number of institutional investors and hedge funds have recently modified their holdings of the business. Te Ahumairangi Investment Management Ltd grew its position in Cisco Systems by 20.6% during the third quarter. Te Ahumairangi Investment Management Ltd now owns 143,062 shares of the network equipment provider’s stock valued at $15,398,000 after buying an additional 24,478 shares during the period. Xcelsior Advisor Partners LLC raised its position in Cisco Systems by 90.3% in the third quarter. Xcelsior Advisor Partners LLC now owns 52,067 shares of the network equipment provider’s stock worth $5,604,000 after acquiring an additional 24,711 shares during the period. Fiduciary Financial Advisors boosted its stake in Cisco Systems by 6.2% in the third quarter. Fiduciary Financial Advisors now owns 4,251 shares of the network equipment provider’s stock valued at $457,000 after acquiring an additional 247 shares during the last quarter. Bleakley Financial Group LLC boosted its stake in Cisco Systems by 10.2% in the third quarter. Bleakley Financial Group LLC now owns 173,982 shares of the network equipment provider’s stock valued at $18,726,000 after acquiring an additional 16,077 shares during the last quarter. Finally, One Wealth Advisors LLC grew its position in shares of Cisco Systems by 19.1% during the 3rd quarter. One Wealth Advisors LLC now owns 15,777 shares of the network equipment provider’s stock valued at $1,698,000 after acquiring an additional 2,527 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Cisco Systems

These are some of the CSCO headlines that stood out recently:

• Positive Sentiment: Fiscal Q1 revenue of $18.5 billion and adjusted EPS of $1.40 exceeded analyst expectations. Cisco also raised its fiscal 2027 revenue and earnings forecasts above consensus, supporting the growth outlook. Reuters article
• Neutral Sentiment: Analyst views are mixed: Truist and Rosenblatt kept Buy ratings despite lowering their price targets, while Goldman Sachs maintained Hold. The revisions may temper enthusiasm even as the firms’ targets remain above the current share price. TipRanks article
• Negative Sentiment: Broader weakness and volatility across technology stocks, including Nvidia-related market concerns, may also be weighing on CSCO as investors reassess growth-stock valuations. Stocktwits article

Cisco Systems Company Profile

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.