Cisco Systems (NASDAQ:CSCO) Stock Price Up 2.3% After Analyst Upgrade

Key Points

• Shares rose 2.3% after JPMorgan raised its price target from $90 to $95 and maintained an overweight rating; analysts' consensus is a Moderate Buy with an average target around $94.45.
• Insiders sold more than 1,044,865 shares worth about $81.4 million over the past 90 days, leaving company insiders with only 0.01% ownership.
• Cisco beat quarterly estimates with $1.00 EPS (vs. $0.98) and revenue of $14.88B (+7.5% YoY), provided FY2026 EPS guidance of 4.08–4.14, and pays a $1.64 annual dividend (yield ~1.9%).

Shares of Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) traded up 2.3% on Monday after JPMorgan Chase & Co. raised their price target on the stock from $90.00 to $95.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Cisco Systems traded as high as $87.25 and last traded at $86.78. 22,862,468 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 21,076,289 shares. The stock had previously closed at $84.82.

Several other brokerages also recently commented on CSCO. Melius Research increased their price target on Cisco Systems from $84.00 to $100.00 and gave the company a "buy" rating in a report on Thursday, November 13th. Morgan Stanley lifted their target price on shares of Cisco Systems from $82.00 to $91.00 and gave the stock an "overweight" rating in a report on Wednesday, December 17th. Citigroup boosted their target price on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a "buy" rating in a research report on Thursday, November 13th. Barclays raised their price target on Cisco Systems from $71.00 to $76.00 and gave the company an "equal weight" rating in a research report on Thursday, November 13th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Cisco Systems in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Cisco Systems currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.45.

Insider Transactions at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of the firm's stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the transaction, the executive vice president directly owned 196,738 shares of the company's stock, valued at $15,316,053.30. This trade represents a 45.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeetendra I. Patel sold 163,896 shares of the business's stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the completion of the sale, the insider directly owned 281,108 shares in the company, valued at $21,887,068.88. This trade represents a 36.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Smithfield Trust Co raised its stake in shares of Cisco Systems by 0.3% in the fourth quarter. Smithfield Trust Co now owns 33,666 shares of the network equipment provider's stock worth $2,596,000 after acquiring an additional 117 shares during the last quarter. Cairn Investment Group Inc. lifted its holdings in Cisco Systems by 0.5% during the 4th quarter. Cairn Investment Group Inc. now owns 24,146 shares of the network equipment provider's stock worth $1,860,000 after buying an additional 130 shares in the last quarter. Juncture Wealth Strategies LLC lifted its holdings in Cisco Systems by 0.9% during the 4th quarter. Juncture Wealth Strategies LLC now owns 15,042 shares of the network equipment provider's stock worth $1,159,000 after buying an additional 132 shares in the last quarter. Clearwater Capital Advisors LLC boosted its position in Cisco Systems by 2.5% in the 4th quarter. Clearwater Capital Advisors LLC now owns 5,407 shares of the network equipment provider's stock valued at $417,000 after buying an additional 132 shares during the last quarter. Finally, Northstar Advisory Group LLC increased its stake in shares of Cisco Systems by 1.6% in the 4th quarter. Northstar Advisory Group LLC now owns 8,203 shares of the network equipment provider's stock valued at $632,000 after buying an additional 133 shares during the period. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Trading Up 2.3%

The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The company has a market cap of $342.76 billion, a P/E ratio of 32.61, a P/E/G ratio of 3.21 and a beta of 0.87. The business has a 50-day moving average price of $77.35 and a two-hundred day moving average price of $72.65.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the company earned $0.91 earnings per share. The company's revenue was up 7.5% on a year-over-year basis. 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, analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were paid a $0.41 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.9%. Cisco Systems's dividend payout ratio is 61.65%.

About Cisco Systems

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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