Cisco Systems (NASDAQ:CSCO) Given New $130.00 Price Target at Citic Securities

Cisco Systems (NASDAQ:CSCO) had its target price lifted by Citic Securities from $90.00 to $130.00 in a research note issued on Friday,MarketScreener reports. Citic Securities’ price target points to a potential upside of 11.33% from the stock’s current price.

Other analysts have also recently issued reports about the company. Barclays upped their price target on Cisco Systems from $76.00 to $121.00 and gave the company an “equal weight” rating in a research report on Thursday. Wells Fargo & Company boosted their target price on shares of Cisco Systems from $95.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Argus raised shares of Cisco Systems to a “strong-buy” rating in a report on Friday, February 13th. Finally, BNP Paribas Exane upped their price objective on shares of Cisco Systems from $87.00 to $132.00 and gave the stock an “outperform” rating in a research note on Thursday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.55.

Cisco Systems Price Performance

NASDAQ CSCO traded up $1.25 on Friday, reaching $116.78. The company’s stock had a trading volume of 10,376,513 shares, compared to its average volume of 22,986,439. Cisco Systems has a 52 week low of $62.30 and a 52 week high of $119.36. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. The firm has a market cap of $461.25 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 3.82 and a beta of 0.92. The business has a 50-day moving average price of $84.66 and a 200 day moving average price of $79.68.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. Cisco Systems had a return on equity of 28.70% and a net margin of 20.14%.The company had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. During the same period in the previous year, the business earned $0.96 earnings per share. The company’s quarterly revenue was up 12.0% on a year-over-year basis. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Sell-side analysts expect that Cisco Systems will post 3.42 EPS for the current year.

Insider Activity at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 7,981 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total transaction of $634,489.50. Following the sale, the executive vice president directly owned 187,097 shares of the company’s stock, valued at $14,874,211.50. This represents a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Maria Victoria Wong sold 2,179 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $77.74, for a total transaction of $169,395.46. Following the completion of the sale, the senior vice president directly owned 28,807 shares of the company’s stock, valued at approximately $2,239,456.18. This represents a 7.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,587 shares of company stock valued at $1,230,765 over the last ninety days. Company insiders own 0.01% of the company’s stock.

Institutional Trading of Cisco Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Cisco Systems by 6.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,189,645 shares of the network equipment provider’s stock valued at $218,236,000 after purchasing an additional 205,043 shares during the period. World Investment Advisors grew its stake in shares of Cisco Systems by 15.4% during the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider’s stock worth $13,905,000 after purchasing an additional 26,455 shares during the period. Jones Financial Companies Lllp increased its holdings in Cisco Systems by 8.9% in the third quarter. Jones Financial Companies Lllp now owns 686,469 shares of the network equipment provider’s stock valued at $46,165,000 after purchasing an additional 56,057 shares during the last quarter. Rockland Trust Co. lifted its stake in Cisco Systems by 213.8% in the third quarter. Rockland Trust Co. now owns 20,497 shares of the network equipment provider’s stock valued at $1,402,000 after buying an additional 13,966 shares during the period. Finally, Thrivent Financial for Lutherans boosted its holdings in Cisco Systems by 40.0% during the third quarter. Thrivent Financial for Lutherans now owns 3,490,482 shares of the network equipment provider’s stock worth $238,818,000 after buying an additional 997,738 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Cisco Systems

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: HSBC upgraded Cisco from hold to buy and set a $137 price target, signaling roughly 18.6% upside from the current price.
• Positive Sentiment: Multiple other firms also raised targets or issued bullish outlooks, including Evercore, Wells Fargo, BNP Paribas Exane, Piper Sandler, KeyCorp, Morgan Stanley, UBS, and Barclays, reinforcing confidence in Cisco’s earnings momentum and AI growth story.
• Positive Sentiment: Cisco reported record quarterly revenue of $15.84 billion and adjusted EPS of $1.06, both above estimates, while also raising full-year revenue and profit guidance. Investors are rewarding the stronger outlook.
• Positive Sentiment: Management said AI infrastructure demand is accelerating, with about $9 billion in hyperscaler AI orders expected in fiscal 2026. That has fueled a broader “networking supercycle” narrative and pushed the stock higher.
• Neutral Sentiment: Cisco also announced a restructuring plan and about 4,000 job cuts to redirect spending toward AI priorities. While this supports longer-term margin and investment flexibility, it adds some execution risk.

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.