Cisco Systems (NASDAQ:CSCO) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Cisco Systems (NASDAQ:CSCO) had its price target lifted by stock analysts at JPMorgan Chase & Co. from $80.00 to $90.00 in a note issued to investors on Thursday,MarketScreener reports. The firm currently has an “overweight” rating on the network equipment provider’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 16.46% from the stock’s current price.

CSCO has been the subject of several other reports. UBS Group upgraded shares of Cisco Systems from a “neutral” rating to a “buy” rating and boosted their target price for the company from $74.00 to $88.00 in a research report on Monday, November 3rd. Barclays raised their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Evercore ISI boosted their price target on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research report on Thursday. Bank of America lifted their price objective on shares of Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Piper Sandler boosted their price objective on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. Sixteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus price target of $81.32.

Cisco Systems Trading Up 4.5%

Cisco Systems stock traded up $3.32 during mid-day trading on Thursday, reaching $77.28. 28,693,574 shares of the company traded hands, compared to its average volume of 20,844,680. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. Cisco Systems has a 52-week low of $52.11 and a 52-week high of $79.50. The firm’s 50 day moving average price is $69.46 and its 200 day moving average price is $67.20. The firm has a market capitalization of $304.54 billion, a price-to-earnings ratio of 29.48, a P/E/G ratio of 3.00 and a beta of 0.95.

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

Insider Transactions at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 7,511 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the sale, the executive vice president owned 161,467 shares of the company’s stock, valued at approximately $10,792,454.28. This represents a 4.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the sale, the executive vice president directly owned 161,662 shares of the company’s stock, valued at $10,766,689.20. This represents a 5.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,965 shares of company stock worth $5,559,996 in the last quarter. 0.01% of the stock is owned by insiders.

Institutional Trading of Cisco Systems

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bare Financial Services Inc lifted its stake in Cisco Systems by 531.0% in the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after buying an additional 308 shares during the last quarter. Marquette Asset Management LLC purchased a new position in shares of Cisco Systems during the 3rd quarter worth approximately $25,000. Financial Connections Group Inc. lifted its holdings in Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares during the period. Legacy Investment Solutions LLC purchased a new stake in Cisco Systems during the second quarter worth about $28,000. Finally, Lowe Wealth Advisors LLC increased its stake in Cisco Systems by 96.2% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

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.