Cisco Systems (NASDAQ:CSCO) Coverage Initiated at Deutsche Bank Aktiengesellschaft

Equities researchers at Deutsche Bank Aktiengesellschaft assumed coverage on shares of Cisco Systems (NASDAQ:CSCO) in a note issued to investors on Tuesday, Briefing.com reports. The firm set a “buy” rating and a $135.00 price target on the network equipment provider’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 22.18% from the company’s previous close.

Several other research analysts have also recently weighed in on CSCO. Truist Financial raised their target price on Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Barclays upped their price target on shares of Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. HSBC downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating and dropped their target price for the stock from $137.00 to $120.00 in a report on Friday, August 14th. New Street Research raised their target price on shares of Cisco Systems from $82.00 to $122.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Bank of America lifted 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. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and an average target price of $129.68.

Cisco Systems Stock Performance

Shares of CSCO opened at $110.49 on Tuesday. The firm has a market capitalization of $435.49 billion, a PE ratio of 33.08, a P/E/G ratio of 2.16 and a beta of 1.02. 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 50-day moving average price of $114.99 and a 200 day moving average price of $101.51. Cisco Systems has a 52-week low of $66.13 and a 52-week high of $130.37.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion during the quarter, compared to analysts’ expectations of $16.84 billion. During the same period last year, the firm posted $0.99 earnings per share. The business’s revenue 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. On average, sell-side analysts anticipate that Cisco Systems will post 4.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,487 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.53, for a total transaction of $723,495.11. Following the transaction, the executive vice president directly owned 167,116 shares in the company, valued at approximately $18,638,447.48. The trade was a 3.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total transaction of $854,598.57. Following the sale, the executive vice president directly owned 140,857 shares in the company, valued at approximately $16,890,162.87. This trade represents a 4.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 53,611 shares of company stock valued at $6,066,680 over the last 90 days. 0.01% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Cisco Systems

Institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System boosted its stake in shares of Cisco Systems by 11,624.6% during the 2nd quarter. California State Teachers Retirement System now owns 706,130,053 shares of the network equipment provider’s stock valued at $82,942,036,000 after buying an additional 700,107,427 shares during the period. BlackRock Inc. acquired a new stake in Cisco Systems during the second quarter valued at $42,129,647,000. Norges Bank purchased a new position in Cisco Systems in the fourth quarter valued at about $4,473,272,000. Auto Owners Insurance Co grew its stake in Cisco Systems by 8,718.3% in the fourth quarter. Auto Owners Insurance Co now owns 51,952,421 shares of the network equipment provider’s stock valued at $400,190,000 after purchasing an additional 51,363,281 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in Cisco Systems in the 2nd quarter worth about $5,892,379,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Saudi AI infrastructure is moving into production. AMD, Cisco and HUMAIN said AMD Instinct MI355X systems, connected by Cisco Silicon One networking, are now live and serving customers in Saudi Arabia. The partners plan to expand the buildout to as much as 1 gigawatt by 2030, with an additional phase of up to 250 megawatts beginning in 2027. The deployment strengthens Cisco’s position in high-growth AI networking and sovereign-compute markets. AMD, Cisco and HUMAIN Expand Saudi Arabia’s AI Infrastructure as AMD Instinct Systems Go Live
• Positive Sentiment: Investors are looking beyond Cisco’s existing AI outlook. An analysis argues that an early enterprise technology-refresh cycle could become a second growth engine, in addition to the hyperscaler AI business already reflected in management’s guidance. A broader refresh would support demand for networking, security and related products. Cisco Systems Stock Has A Second Engine The AI Story Hides
• Positive Sentiment: Sovereign infrastructure expands Cisco’s addressable market. Cisco also introduced a critical-infrastructure portfolio in Canada designed for air-gapped, on-premises deployments, targeting organizations that require strict data residency, security and control. How Investors Are Reacting To Cisco Systems Expanding Sovereign AI Infrastructure In Saudi Arabia
• Neutral Sentiment: Analyst attention remains focused on CSCO. Cisco was included in a September 1 roundup of major Wall Street research calls, but the available report does not specify a new rating or price-target change. Tuesday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: Upcoming investor events could provide catalysts. Cisco executives are scheduled to meet investors at several technology conferences in September, potentially offering updates on AI networking demand, enterprise spending and financial guidance. Cisco to Participate in September Events with the Financial Community

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.