Cisco Systems (NASDAQ:CSCO) Stock Rating Upgraded by Zacks Research

Cisco Systems (NASDAQ:CSCO) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

CSCO has been the topic of a number of other research reports. Wall Street Zen raised Cisco Systems from a “hold” rating to a “buy” rating in a research report on Sunday, September 20th. Deutsche Bank Aktiengesellschaft started coverage on shares of Cisco Systems in a report on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price target on the stock. Bank of America boosted their price objective on shares of Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. HSBC cut shares of Cisco Systems from a “buy” rating to a “hold” rating and decreased their target price for the company from $137.00 to $120.00 in a research report on Friday, August 14th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research report on Wednesday, August 26th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $128.52.

Cisco Systems Trading Up 1.0%

NASDAQ CSCO opened at $108.76 on Wednesday. Cisco Systems has a one year low of $66.81 and a one year high of $130.37. 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 company has a market capitalization of $428.80 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 2.25 and a beta of 0.99. The company’s 50-day simple moving average is $112.04 and its two-hundred day simple moving average is $106.40.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The firm had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The company’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the firm earned $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. Equities analysts forecast that Cisco Systems will post 4.41 EPS for the current fiscal year.

Insider Buying and Selling at Cisco Systems

In other news, insider Jeetendra Patel sold 7,170 shares of Cisco Systems stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.57, for a total transaction of $799,956.90. Following the completion of the sale, the insider directly owned 230,593 shares in the company, valued at approximately $25,727,261.01. The trade was a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction, the executive vice president directly owned 165,276 shares in the company, valued at approximately $18,586,938.96. The trade was a 1.64% decrease in their ownership of the stock. 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 a total of 44,869 shares of company stock worth $5,005,620 in the last three months. 0.01% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cisco Systems

Several hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Cisco Systems during the second quarter worth $42,129,647,000. State Street Corp boosted its holdings in Cisco Systems by 7.0% in the second quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after purchasing an additional 13,512,872 shares during the last quarter. Bank of America Corp DE acquired a new stake in Cisco Systems during the 2nd quarter worth about $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Cisco Systems by 2.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock worth $5,103,654,000 after purchasing an additional 1,143,106 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Cisco Systems during the 2nd quarter valued at about $4,714,574,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

More Cisco Systems News

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

• Positive Sentiment: Zacks upgraded Cisco to “strong buy” from “hold,” providing a notable bullish signal after the company’s recent earnings outperformance. Zacks Research
• Positive Sentiment: Cisco reported 35% year-over-year growth in product orders during fiscal fourth quarter 2026, while AI infrastructure orders exceeded Wall Street expectations. The company has also delivered five consecutive earnings beats, reinforcing confidence in its execution. Cisco order growth and volatility analysis
• Positive Sentiment: A proposed sovereign AI infrastructure partnership with Bell Canada could expand Cisco’s networking, security, observability and AI products in regulated markets where data residency is important. Bell-Cisco sovereign AI partnership
• Positive Sentiment: The industrial-control-system security market is forecast to grow at a 16.5% annual rate through 2031, creating a potentially favorable backdrop for Cisco’s cybersecurity business. Investors are also highlighting its dividend and shareholder-return appeal. Industrial control system security market forecast
• Neutral Sentiment: Bernstein initiated coverage with a “market perform” rating and a $110 price target, implying limited near-term upside from the reported $108.76 price. Bernstein initiates Cisco coverage
• Negative Sentiment: Piper Sandler lowered its Cisco price target to $125, while management’s description of its fiscal 2027 AI revenue forecast as “prudent” raises concerns that AI growth may not accelerate as rapidly as investors hope. Piper Sandler cuts Cisco price target

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.