Cisco Systems (NASDAQ:CSCO) Price Target Lowered to $125.00 at Piper Sandler

Cisco Systems (NASDAQ:CSCO) had its price target decreased by Piper Sandler from $132.00 to $125.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has a “neutral” rating on the network equipment provider’s stock. Piper Sandler’s target price would indicate a potential upside of 18.99% from the company’s current price.

A number of other brokerages have also weighed in on CSCO. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. KeyCorp boosted their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Rosenblatt Securities boosted their price objective on Cisco Systems from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Finally, Barclays raised their price target on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Two investment 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $129.36.

Cisco Systems Stock Performance

CSCO traded down $6.41 during trading hours on Tuesday, reaching $105.06. The company’s stock had a trading volume of 10,848,432 shares, compared to its average volume of 22,656,400. Cisco Systems has a 52 week low of $66.81 and a 52 week high of $130.37. The company’s 50-day moving average is $112.87 and its 200-day moving average is $104.79. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The firm has a market cap of $414.19 billion, a PE ratio of 31.50, a price-to-earnings-growth ratio of 2.28 and a beta of 1.00.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. The firm had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.99 earnings per share. 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, equities analysts forecast that Cisco Systems will post 4.43 EPS for the current year.

Insider Activity at Cisco Systems

In other news, EVP Oliver Tuszik sold 2,760 shares of the company’s stock in a transaction on 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 sale, the executive vice president owned 165,276 shares in the company, valued at $18,586,938.96. This represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah Stahlkopf sold 6,487 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the transaction, the executive vice president directly owned 167,116 shares of the company’s stock, valued at $18,638,447.48. The trade was a 3.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 44,869 shares of company stock valued at $5,005,620. Insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Cozad Asset Management Inc. grew its position in Cisco Systems by 0.3% in the first quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider’s stock worth $2,033,000 after acquiring an additional 87 shares in the last quarter. Dogwood Wealth Management LLC boosted its stake in shares of Cisco Systems by 3.9% during the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock valued at $283,000 after purchasing an additional 90 shares during the period. August Group Capital Ltd increased its holdings in Cisco Systems by 2.0% in the second quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock valued at $555,000 after buying an additional 91 shares in the last quarter. Financial Insights Inc. grew its holdings in shares of Cisco Systems by 1.5% in the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider’s stock valued at $483,000 after purchasing an additional 92 shares during the period. Finally, CPA Asset Management Group LLC increased its position in shares of Cisco Systems by 1.8% in the 2nd quarter. CPA Asset Management Group LLC now owns 5,335 shares of the network equipment provider’s stock valued at $627,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Cisco’s AI and cybersecurity positioning remains a supportive long-term theme. Its Splunk integration is expanding capabilities in network visibility, security, and enterprise AI governance, including self-managed AI agents operating behind corporate firewalls. Cisco Moves Higher as Splunk Takes Agents Behind the Firewall
• Positive Sentiment: Recent fundamentals remain strong: Cisco’s latest quarterly release showed revenue of approximately $17.3 billion, up about 18% year over year, and non-GAAP EPS of $1.22, exceeding consensus. Fiscal 2027 guidance also indicated continued growth.
• Positive Sentiment: Analyst price targets remain generally above recent trading levels, with a six-month median target of $130 and some targets as high as $150. Cisco’s dividend and announced share-repurchase program may also provide shareholder support.

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.