UBS Group Issues Positive Forecast for Cisco Systems (NASDAQ:CSCO) Stock Price

Cisco Systems (NASDAQ:CSCO) had its price objective increased by UBS Group from $88.00 to $90.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the network equipment provider’s stock.

Several other research firms have also commented on CSCO. Barclays upped their price objective on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. Evercore ISI upped their price target on Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research report on Thursday. Morgan Stanley raised their price objective on Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday. Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, Melius Research raised their target price on shares of Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $83.75.

Cisco Systems Stock Performance

Shares of CSCO stock traded up $0.62 on Thursday, reaching $78.00. The stock had a trading volume of 38,794,325 shares, compared to its average volume of 21,067,176. The stock has a market cap of $307.38 billion, a P/E ratio of 29.77, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The company has a 50 day simple moving average of $69.87 and a 200 day simple moving average of $67.42. Cisco Systems has a 1 year low of $52.11 and a 1 year high of $79.50.

Cisco Systems (NASDAQ:CSCO) last released its quarterly 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. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Equities research analysts expect that Cisco Systems will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction on Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the sale, the executive vice president directly owned 158,009 shares in the company, valued at approximately $10,551,841.02. The trade was a 1.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.25, for a total transaction of $29,211.00. Following the transaction, the senior vice president directly owned 30,619 shares of the company’s stock, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 33,089 shares of company stock worth $2,236,383. 0.01% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Cisco Systems

A number of hedge funds have recently made changes to their positions in the company. Bare Financial Services Inc raised its stake in shares of 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 acquiring an additional 308 shares during the period. Marquette Asset Management LLC bought a new position in Cisco Systems during the 3rd quarter valued at about $25,000. Financial Connections Group Inc. raised its position in Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares during the period. Legacy Investment Solutions LLC bought a new stake in Cisco Systems in the second quarter worth about $28,000. Finally, Lowe Wealth Advisors LLC boosted its position in shares of Cisco Systems by 96.2% during the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 200 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Company Profile

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.