Cisco Systems (NASDAQ:CSCO) Stock Price Expected to Rise, HSBC Analyst Says

Cisco Systems (NASDAQ:CSCO) had its price objective hoisted by analysts at HSBC from $69.00 to $74.00 in a note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “hold” rating on the network equipment provider’s stock. HSBC’s target price would indicate a potential downside of 5.47% from the company’s current price.

A number of other analysts have also issued reports on the company. Piper Sandler lifted their target price on Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday. KeyCorp raised their price objective on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday. Bank of America upped their target price on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. raised their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $83.75.

Cisco Systems Stock Up 1.2%

Shares of CSCO traded up $0.90 during midday trading on Friday, reaching $78.28. 22,036,562 shares of the company were exchanged, compared to its average volume of 20,977,369. Cisco Systems has a 1-year low of $52.11 and a 1-year high of $79.50. The stock has a 50-day moving average price of $69.64 and a 200-day moving average price of $67.27. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a market cap of $308.47 billion, a price-to-earnings ratio of 29.94, a P/E/G ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. During the same period last year, the business posted $0.91 EPS. The company’s revenue was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Research analysts expect that Cisco Systems will post 3.04 earnings per share for the current year.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the transaction, the executive vice president owned 157,184 shares in the company, valued at approximately $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 33,089 shares of company stock worth $2,236,383. 0.01% of the stock is owned by insiders.

Institutional Investors Weigh In On Cisco Systems

Several institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new stake in Cisco Systems during the second quarter worth approximately $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Cisco Systems by 413.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock valued at $1,553,645,000 after purchasing an additional 18,030,441 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of Cisco Systems during the 2nd quarter valued at $904,542,000. Franklin Resources Inc. raised its stake in shares of Cisco Systems by 46.2% in the 2nd quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after buying an additional 12,904,969 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Cisco Systems by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after buying an additional 12,775,066 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.