Brokerages Set Cisco Systems, Inc. (NASDAQ:CSCO) PT at $129.68

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) have earned a consensus rating of “Moderate Buy” from the twenty-five ratings firms that are presently covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $129.6818.

CSCO has been the topic of several recent analyst reports. UBS Group increased their price objective on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Bank of America upped their price target on shares of Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Freedom Capital upgraded shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Barclays upped their price objective on Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Finally, The Goldman Sachs Group increased their target price on Cisco Systems from $116.00 to $125.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Investors also responded to Cisco’s recent commentary on AI networking, including meaningful hyperscaler orders, a networking refresh cycle and growing demand for high-performance infrastructure. Cisco’s latest quarterly results showed record revenue, earnings above guidance and 35% growth in total product orders, while management raised fiscal 2027 expectations. Cisco Systems rises as investors weigh upbeat AI networking commentary and a broader tech rally
• Positive Sentiment: A broader technology-sector rally, supported by an inflation reading near expectations and lower oil prices, provided an additional tailwind for CSCO and other networking stocks. Ciena, Arista Networks and Cisco market move
• Positive Sentiment: Cisco and Infleqtion announced joint research into networked quantum technology, aiming to connect and scale distributed quantum systems. The opportunity is longer term and is unlikely to materially affect near-term revenue, but it supports Cisco’s technology-development narrative. Infleqtion and Cisco announce collaboration to advance networked quantum technology

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 2,760 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the completion of the transaction, the executive vice president directly owned 165,276 shares of the company’s stock, valued at $18,586,938.96. This represents a 1.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah Stahlkopf sold 6,487 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the transaction, the executive vice president owned 167,116 shares in the company, valued at approximately $18,638,447.48. This trade represents a 3.74% 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. Insiders have sold 51,004 shares of company stock worth $5,750,920 over the last 90 days. 0.01% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System grew its stake in Cisco Systems by 11,624.6% in the second quarter. California State Teachers Retirement System now owns 706,130,053 shares of the network equipment provider’s stock worth $82,942,036,000 after purchasing an additional 700,107,427 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Cisco Systems in the 2nd quarter worth approximately $42,129,647,000. State Street Corp lifted its stake in Cisco Systems by 0.5% during the fourth quarter. State Street Corp now owns 195,521,161 shares of the network equipment provider’s stock worth $15,060,995,000 after purchasing an additional 1,057,962 shares during the last quarter. Morgan Stanley boosted its holdings in Cisco Systems by 0.3% in the fourth quarter. Morgan Stanley now owns 75,326,258 shares of the network equipment provider’s stock worth $5,802,382,000 after purchasing an additional 206,352 shares during the period. Finally, Invesco Ltd. increased its stake in Cisco Systems by 11.6% during the fourth quarter. Invesco Ltd. now owns 59,836,782 shares of the network equipment provider’s stock valued at $4,609,227,000 after purchasing an additional 6,224,062 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $112.13 on Wednesday. Cisco Systems has a fifty-two week low of $66.13 and a fifty-two week high of $130.37. The business’s fifty day moving average is $113.66 and its two-hundred day moving average is $103.48. 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 $442.08 billion, a PE ratio of 33.57, a P/E/G ratio of 2.34 and a beta of 1.00.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter in the previous year, the business earned $0.99 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Analysts anticipate that Cisco Systems will post 4.43 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be given 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 1.5%. Cisco Systems’s dividend payout ratio (DPR) is 50.30%.

About Cisco Systems

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.