Cisco Systems (CSCO) Stock Forecast & Price Target

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$48.24

-0.25 (-0.52%)

(As of 04/15/2024 ET)

Cisco Systems Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 21 Analyst Ratings

Analysts' Consensus Price Target

$56.03
16.14% Upside

High Forecast	$76.00
Average Forecast	$56.03
Low Forecast	$45.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	5 Buy rating(s)	8 Buy rating(s)	12 Buy rating(s)
Hold	12 Hold rating(s)	13 Hold rating(s)	14 Hold rating(s)	9 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$56.03	$56.36	$58.21	$56.38
Predicted Upside	16.14% Upside	9.25% Upside	13.82% Upside	16.81% Upside

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CSCO Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CSCO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cisco Systems Stock vs. The Competition

Type	Cisco Systems	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.24	2.58	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	16.14% Upside	112.65% Upside	11.19% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/15/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$55.00 ➝ $60.00	+23.74%
4/12/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$52.00	+4.99%
4/9/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold
4/9/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$51.00 ➝ $52.00	+7.79%
4/9/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$58.00	+20.23%
3/20/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$47.00 ➝ $51.00	+3.79%
Get the Latest News and Ratings for CSCO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Cisco Systems and its competitors with MarketBeat's FREE daily newsletter.
2/15/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$46.00 ➝ $48.00	-4.53%
2/15/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Equal Weight	$52.00	+3.42%
2/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$54.00 ➝ $55.00	+10.53%
1/8/2024	Melius Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$55.00	+9.47%
11/17/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$50.00	+4.08%
11/16/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$58.00 ➝ $54.00	+14.99%
11/16/2023	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
11/16/2023	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$59.00 ➝ $51.00	-4.28%
10/30/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Market Perform ➝ Underperform
9/22/2023	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$73.00 ➝ $76.00	+42.48%
8/17/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$60.00 ➝ $63.00	+18.96%
8/17/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$54.00 ➝ $59.50	+12.35%
7/20/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform	$45.00	-14.17%
7/19/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$55.00 ➝ $62.00	+21.00%
6/30/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Initiates

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:18 AM ET.

CSCO Price Target - Frequently Asked Questions

What is Cisco Systems's consensus rating and price target?: According to the issued ratings of 21 analysts in the last year, the consensus rating for Cisco Systems stock is Hold based on the current 2 sell ratings, 12 hold ratings and 7 buy ratings for CSCO. The average twelve-month price prediction for Cisco Systems is $56.03 with a high price target of $76.00 and a low price target of $45.00. Learn more on CSCO's analyst rating history.
Do Wall Street analysts like Cisco Systems more than its competitors?: Analysts like Cisco Systems less than other Computer and Technology companies. The consensus rating for Cisco Systems is Hold while the average consensus rating for computer and technology companies is Moderate Buy. Learn more on how CSCO compares to other companies.
Is Cisco Systems being upgraded by Wall Street analysts?: Over the previous 90 days, Cisco Systems's stock had 1 upgrade by analysts.

Does Cisco Systems's stock price have much upside?: According to analysts, Cisco Systems's stock has a predicted upside of 11.18% based on their 12-month stock forecasts.
What analysts cover Cisco Systems?: Cisco Systems has been rated by Bank of America, Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Morgan Stanley, Needham & Company LLC, Piper Sandler, UBS Group, and Wells Fargo & Company in the past 90 days.

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This page (NASDAQ:CSCO) was last updated on 4/16/2024 by MarketBeat.com Staff

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Cisco Systems (CSCO) Stock Forecast & Price Target

Cisco Systems Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

CSCO Analyst Ratings By Month

CSCO Price Targets by Month

Cisco Systems Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

CSCO Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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