Cisco Systems (NASDAQ:CSCO) Stock Price Down 3.7% - Time to Sell?

Key Points

• Cisco shares fell 3.7% on Thursday, trading as low as $111.90 before last changing hands at $112.69, below the prior close of $117.01.
• Despite the pullback, analyst sentiment remains constructive: multiple firms raised price targets, and the consensus rating is Moderate Buy with a target price of $123.14.
• Cisco’s fundamentals were solid in its latest quarter, with revenue up 12% year over year and EPS topping estimates; the company also highlighted strong AI-related demand and pays a quarterly dividend of $0.42 per share.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report)'s share price traded down 3.7% on Thursday . The company traded as low as $111.90 and last traded at $112.69. Approximately 24,106,806 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 24,152,203 shares. The stock had previously closed at $117.01.

More Cisco Systems News

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

• Positive Sentiment: Zacks Research upgraded Cisco to Strong Buy, signaling rising optimism about the company’s earnings prospects and potentially supporting the stock. Cisco (CSCO) Upgraded to Strong Buy: Here's What You Should Know
• Positive Sentiment: Recent commentary says Cisco’s forecast is beating bearish retail sentiment, with the company highlighted as a compelling AI infrastructure play after posting record quarterly revenue, raising full-year guidance, and projecting $9 billion in AI infrastructure orders from hyperscalers in FY26. Cisco’s Forecast Beats the Bearish Retail Crowd. Here’s the Target
• Positive Sentiment: Cisco was also named among Zacks’ top blue-chip picks for the second half of 2026, which may reinforce investor confidence in the stock’s momentum. Dow Records Best 1H Performance Since 2021: 5 Top Picks for 2H 2026
• Neutral Sentiment: Cisco partnered with the College Board to launch AP Cybersecurity and expand career-connected learning, a strategic branding and talent-development initiative that is unlikely to move shares immediately but supports the company’s long-term ecosystem. Cisco Partners With College Board To Launch AP Cybersecurity and Expand Career-Connected Learning
• Neutral Sentiment: A Zacks Analyst Blog also highlighted Cisco alongside other tech names, but the mention appears to be more of a general sector/idea feature than a new company-specific catalyst. The Zacks Analyst Blog Highlights AMD, Lam Research, Cisco Systems, Perma-Pipe international and AstroNova

Analysts Set New Price Targets

Several equities research analysts have commented on the company. KeyCorp upped their price target on Cisco Systems from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, June 25th. CICC Research boosted their target price on Cisco Systems from $96.00 to $125.00 and gave the stock an "outperform" rating in a report on Monday, May 18th. Citigroup increased their target price on shares of Cisco Systems from $90.00 to $112.00 and gave the stock a "buy" rating in a research report on Thursday, May 14th. The Goldman Sachs Group raised their price target on shares of Cisco Systems from $116.00 to $125.00 and gave the company a "neutral" rating in a report on Wednesday, June 3rd. Finally, Barclays lifted their price target on shares of Cisco Systems from $76.00 to $121.00 and gave the company an "equal weight" rating in a research report on Thursday, May 14th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.14.

Cisco Systems Stock Performance

The stock has a 50 day simple moving average of $111.67 and a 200 day simple moving average of $90.33. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. The company has a market cap of $444.16 billion, a price-to-earnings ratio of 36.59, a PEG ratio of 2.99 and a beta of 1.02.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.03. The business had revenue of $15.84 billion during the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The company's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.96 earnings per share. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, analysts predict that Cisco Systems, Inc. will post 3.54 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, July 6th. Cisco Systems's dividend payout ratio (DPR) is 54.55%.

Insider Buying and Selling at Cisco Systems

In other news, EVP Oliver Tuszik sold 2,607 shares of the business's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $121.12, for a total value of $315,759.84. Following the completion of the sale, the executive vice president owned 172,727 shares of the company's stock, valued at approximately $20,920,694.24. The trade was a 1.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the company's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total transaction of $854,598.57. Following the completion of the sale, the executive vice president owned 140,857 shares in the company, valued at approximately $16,890,162.87. This trade represents a 4.82% decrease in their position. 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. In the last three months, insiders have sold 47,650 shares of company stock valued at $5,668,823. Corporate insiders own 0.01% of the company's stock.

Institutional Trading of Cisco Systems

Several institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Cisco Systems during the 4th quarter valued at approximately $4,473,272,000. Auto Owners Insurance Co boosted its holdings in Cisco Systems by 8,718.3% in the fourth quarter. Auto Owners Insurance Co now owns 51,952,421 shares of the network equipment provider's stock worth $400,190,000 after purchasing an additional 51,363,281 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Cisco Systems by 103.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 29,289,151 shares of the network equipment provider's stock valued at $2,256,144,000 after purchasing an additional 14,874,407 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Cisco Systems by 110.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 18,406,442 shares of the network equipment provider's stock worth $1,259,369,000 after purchasing an additional 9,648,265 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Cisco Systems by 18.0% during the fourth quarter. Franklin Resources Inc. now owns 50,320,905 shares of the network equipment provider's stock worth $3,876,219,000 after purchasing an additional 7,679,422 shares during the period. Institutional investors and hedge funds own 73.33% of the company's stock.

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.

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