Cisco Systems' (CSCO) Buy (B-) Rating Reaffirmed at Weiss Ratings

Key Points

• Cisco Systems has had its "buy (B-)" rating reaffirmed by Weiss Ratings amidst mixed evaluations from other analysts, including a "hold" rating from HSBC and a price target increase from Bank of America.
• As of Wednesday, CSCO stock reached $70.33, up 1.9%, with a market cap of approximately $278.03 billion and a price-to-earnings ratio of 26.84.
• The company reported earnings per share of $0.99 for the last quarter, exceeding analysts' estimates, and anticipates earnings guidance of 0.970-0.990 EPS for Q1 2026.

Cisco Systems (NASDAQ:CSCO - Get Free Report)'s stock had its "buy (b-)" rating reaffirmed by Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

CSCO has been the topic of a number of other reports. HSBC reiterated a "hold" rating and set a $69.00 price target on shares of Cisco Systems in a report on Friday, August 15th. Bank of America lifted their price target on Cisco Systems from $76.00 to $85.00 and gave the stock a "buy" rating in a report on Thursday, August 14th. Wolfe Research started coverage on Cisco Systems in a report on Tuesday, July 8th. They set a "peer perform" rating on the stock. CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They set an "outperform" rating and a $78.00 price target on the stock. Finally, William Blair raised Cisco Systems to a "hold" rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems has a consensus rating of "Moderate Buy" and an average target price of $74.53.

Cisco Systems Stock Up 1.9%

Shares of CSCO stock traded up $1.34 during trading hours on Wednesday, reaching $70.33. The company had a trading volume of 32,062,343 shares, compared to its average volume of 19,245,484. Cisco Systems has a 12 month low of $52.11 and a 12 month high of $72.55. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The business has a fifty day simple moving average of $68.18 and a 200-day simple moving average of $64.75. The company has a market cap of $278.03 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 2.90 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same quarter last year, the company earned $0.87 earnings per share. The company's revenue for the quarter was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, research analysts expect that Cisco Systems will post 3.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the transaction, the executive vice president owned 198,855 shares of the company's stock, valued at approximately $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock valued at $5,559,996 in the last 90 days. Corporate insiders own 0.01% of the company's stock.

Hedge Funds Weigh In On Cisco Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CSCO. Bare Financial Services Inc grew its position in Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider's stock worth $25,000 after buying an additional 308 shares in the last quarter. Financial Connections Group Inc. lifted its stake in Cisco Systems by 89.4% during the second 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 last quarter. Legacy Investment Solutions LLC bought a new stake in Cisco Systems during the second quarter worth about $28,000. Pandora Wealth Inc. bought a new stake in Cisco Systems during the first quarter worth about $31,000. Finally, Nova Wealth Management Inc. bought a new stake in Cisco Systems during the first quarter worth about $31,000. 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.

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