Argus Forecasts Strong Price Appreciation for Cisco Systems (NASDAQ:CSCO) Stock

Cisco Systems (NASDAQ:CSCO) had its price target lifted by analysts at Argus from $100.00 to $150.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The firm presently has a “buy” rating on the network equipment provider’s stock. Argus’ price target points to a potential upside of 29.85% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Erste Group Bank cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Wells Fargo & Company raised their price target on shares of Cisco Systems from $95.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Weiss Ratings lowered shares of Cisco Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. Zacks Research cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, HSBC raised Cisco Systems from a “hold” rating to a “buy” rating and lifted their price objective for the company from $77.00 to $137.00 in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus price target of $118.14.

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO traded down $3.36 during midday trading on Tuesday, reaching $115.52. 4,840,602 shares of the company traded hands, compared to its average volume of 23,105,766. The firm’s fifty day moving average price is $86.18 and its two-hundred day moving average price is $80.33. The firm has a market capitalization of $456.28 billion, a price-to-earnings ratio of 37.49, a price-to-earnings-growth ratio of 3.61 and a beta of 0.92. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. Cisco Systems has a 12 month low of $62.30 and a 12 month high of $119.39.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business had revenue of $15.84 billion during the quarter, compared to the consensus estimate of $15.56 billion. During the same quarter last year, the company earned $0.96 EPS. The firm’s revenue was up 12.0% compared to the same quarter last year. 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. On average, equities analysts expect that Cisco Systems will post 3.42 earnings per share for the current year.

Insider Buying and Selling

In other Cisco Systems news, EVP Oliver Tuszik sold 3,132 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total value of $249,745.68. Following the completion of the sale, the executive vice president owned 188,613 shares in the company, valued at approximately $15,040,000.62. The trade was a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 2,179 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $77.74, for a total value of $169,395.46. Following the sale, the senior vice president directly owned 28,807 shares of the company’s stock, valued at approximately $2,239,456.18. This trade represents a 7.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,587 shares of company stock valued at $1,230,765 over the last quarter. Company insiders own 0.01% of the company’s stock.

Hedge Funds Weigh In On Cisco Systems

Several hedge funds and other institutional investors have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. increased its position in Cisco Systems by 6.9% during 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 buying an additional 205,043 shares in the last quarter. World Investment Advisors boosted its holdings in Cisco Systems by 15.4% in the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider’s stock worth $13,905,000 after acquiring an additional 26,455 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of 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 worth $46,165,000 after acquiring an additional 56,057 shares during the last quarter. Rockland Trust Co. grew its stake in shares of Cisco Systems by 213.8% in the third quarter. Rockland Trust Co. now owns 20,497 shares of the network equipment provider’s stock worth $1,402,000 after acquiring an additional 13,966 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of Cisco Systems by 40.0% in 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 acquiring an additional 997,738 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Cisco’s latest quarter beat Wall Street expectations on both revenue and EPS, and management raised forward guidance, signaling that demand for networking and AI infrastructure is stronger than expected.
• Positive Sentiment: CICC Research raised its price target on Cisco to $125 from $96 and kept an outperform rating, adding to the bullish sentiment around the stock.
• Positive Sentiment: Multiple market commentaries highlighted Cisco as a beneficiary of booming AI networking demand, hyperscaler orders, and a broader shift toward modernizing enterprise networks.
• Neutral Sentiment: Cisco’s presentation at the J.P. Morgan Global Technology, Media and Communications Conference kept the company in focus, but it did not appear to introduce a new major catalyst.
• Neutral Sentiment: Some recent analysis noted lower free cash flow and margins, which could temper enthusiasm if investors become more focused on profitability trends.
• Negative Sentiment: Questions remain about whether Cisco’s valuation has already priced in much of the recent rally, especially if growth slows or margin pressure persists.

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.