President Capital Cuts Cisco Systems (NASDAQ:CSCO) Price Target to $88.00

Cisco Systems (NASDAQ:CSCO) had its price target cut by equities researchers at President Capital from $90.00 to $88.00 in a report issued on Wednesday,MarketScreener reports. President Capital’s price objective suggests a potential upside of 12.73% from the company’s current price.

Other equities analysts have also issued reports about the stock. Morgan Stanley raised their target price on shares of Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. UBS Group boosted their price objective on Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Barclays increased their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Finally, BNP Paribas Exane lifted their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Seventeen equities research 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 $84.70.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $78.06 on Wednesday. The company has a market capitalization of $308.43 billion, a price-to-earnings ratio of 29.35, a PEG ratio of 2.95 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. Cisco Systems has a 52 week low of $52.11 and a 52 week high of $80.82. The company has a 50-day simple moving average of $74.99 and a 200 day simple moving average of $70.44.

Cisco Systems (NASDAQ:CSCO) last posted 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. The company had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. On average, sell-side analysts predict that Cisco Systems will post 3.04 earnings per share for the current year.

Insider Activity

In related news, EVP Thimaya K. Subaiya sold 1,745 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $79.46, for a total value of $138,657.70. Following the completion of the sale, the executive vice president owned 176,319 shares in the company, valued at $14,010,307.74. The trade was a 0.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kristina M. Johnson sold 13,481 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total value of $1,039,789.53. Following the completion of the sale, the director directly owned 61,630 shares of the company’s stock, valued at approximately $4,753,521.90. This represents a 17.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is owned by insiders.

Institutional Investors Weigh In On Cisco Systems

Hedge funds have recently made changes to their positions in the business. Brighton Jones LLC lifted its stake in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after acquiring an additional 2,474 shares during the last quarter. Samalin Investment Counsel LLC lifted its position in Cisco Systems by 34.1% in the first quarter. Samalin Investment Counsel LLC now owns 5,191 shares of the network equipment provider’s stock valued at $320,000 after purchasing an additional 1,319 shares during the last quarter. Warwick Investment Management Inc. purchased a new stake in shares of Cisco Systems during the first quarter valued at approximately $258,000. Finally, Ieq Capital LLC grew its holdings in shares of Cisco Systems by 7.3% in the first quarter. Ieq Capital LLC now owns 289,224 shares of the network equipment provider’s stock worth $17,848,000 after purchasing an additional 19,707 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.