Cisco Systems (NASDAQ:CSCO) Price Target Cut to $127.00 by Analysts at Truist Financial

Key Points

• Truist Financial lowered Cisco’s price target to $127 from $140 but maintained a Buy rating, implying 31.9% upside from the previous close.
• Cisco beat quarterly estimates, reporting $18.52 billion in revenue and adjusted EPS of $1.40; it also raised its fiscal 2027 outlook, citing strong AI-networking demand.
• Analysts’ consensus view remains Moderate Buy, with an average price target of $127.41.

Cisco Systems (NASDAQ:CSCO - Get Free Report) had its target price cut by Truist Financial from $140.00 to $127.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a "buy" rating on the network equipment provider's stock. Truist Financial's price objective suggests a potential upside of 31.90% from the stock's previous close.

A number of other research firms have also weighed in on CSCO. Barclays upped their target price on Cisco Systems from $121.00 to $123.00 and gave the company an "equal weight" rating in a report on Thursday, August 13th. Wall Street Zen lowered Cisco Systems from a "buy" rating to a "hold" rating in a report on Saturday, November 7th. Zacks Research raised shares of Cisco Systems from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 30th. Morgan Stanley lowered shares of Cisco Systems from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $135.00 to $120.00 in a report on Thursday, November 5th. Finally, HSBC cut shares of Cisco Systems from a "buy" rating to a "hold" rating and cut their price objective for the stock from $137.00 to $120.00 in a research report on Friday, August 14th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $127.41.

Cisco Systems Trading Down 5.6%

CSCO opened at $96.28 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The company's 50 day simple moving average is $108.02 and its two-hundred day simple moving average is $102.13. Cisco Systems has a 1-year low of $72.80 and a 1-year high of $130.37. The firm has a market capitalization of $379.60 billion, a price-to-earnings ratio of 29.00, a price-to-earnings-growth ratio of 2.07 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings results on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.07. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business had revenue of $18.52 billion during the quarter, compared to analyst estimates of $18.12 billion. During the same period in the prior year, the business earned $1.00 earnings per share. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. Analysts expect that Cisco Systems will post 4.48 EPS for the current fiscal year.

Insider Buying and Selling at Cisco Systems

In related news, EVP Oliver Tuszik sold 680 shares of the firm's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $74,922.40. Following the completion of the sale, the executive vice president directly owned 163,337 shares of the company's stock, valued at approximately $17,996,470.66. This trade represents a 0.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 312 shares of the business's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $34,376.16. Following the completion of the sale, the executive vice president owned 127,661 shares in the company, valued at approximately $14,065,688.98. This trade represents a 0.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 6,824 shares of company stock valued at $759,392. 0.01% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Bridgewater Advisors Inc. purchased a new stake in shares of Cisco Systems during the second quarter worth $6,442,000. Beacon Pointe Advisors LLC purchased a new position in Cisco Systems in the second quarter valued at $60,009,000. Western Wealth Management LLC boosted its holdings in Cisco Systems by 60.5% in the first quarter. Western Wealth Management LLC now owns 76,372 shares of the network equipment provider's stock valued at $5,926,000 after purchasing an additional 28,792 shares during the period. ABN AMRO Bank N.V. purchased a new position in Cisco Systems in the second quarter valued at $19,114,000. Finally, Envestnet Portfolio Solutions Inc. grew its stake in Cisco Systems by 24.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 363,506 shares of the network equipment provider's stock worth $47,287,000 after purchasing an additional 71,774 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company's stock.

Latest Cisco Systems News

Here's some of the latest news about CSCO:

• Positive Sentiment: Cisco beat fiscal Q1 estimates with revenue of $18.52 billion and adjusted EPS of $1.40, and raised its FY2027 outlook. Its forecast of $74.8–$75.8 billion in revenue and $5.47–$5.53 adjusted EPS is above consensus, supported by strong AI-networking demand and accelerating hyperscaler deployments. Reuters report on Cisco's outlook
• Positive Sentiment: Management describes a potential networking “supercycle” as demand for agentic AI infrastructure grows. Cisco is also incorporating Anthropic’s Claude Mythos into security products, adding to its AI-related growth opportunities. CRN report on Cisco's networking outlook
• Neutral Sentiment: Rosenblatt Securities cut its price target to $140 from $165 but maintained a Buy rating. Cisco also declared a quarterly dividend of $0.42 per share. Rosenblatt Securities ratings

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.