Cisco Systems (CSCO) Stock Forecast & Price Target

$107.39 -2.46 (-2.24%)

Closing price 10/16/2026 04:00 PM Eastern

Extended Trading

$107.18 -0.22 (-0.20%)

As of 10/16/2026 07:59 PM Eastern

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Cisco Systems - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 26 Analyst Ratings

Sell
0

Hold
7

Buy
19

Based on 26 Wall Street analysts who have issued ratings for Cisco Systems in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 26 analysts, 7 have given a hold rating, 16 have given a buy rating, and 3 have given a strong buy rating for CSCO.

Consensus Price Target

$128.52
19.68% Upside

According to the 26 analysts' twelve-month price targets for Cisco Systems, the average price target is $128.52. The highest price target for CSCO is $165.00, while the lowest price target for CSCO is $88.00. The average price target represents a forecasted upside of 19.68% from the current price of $107.39.

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.

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CSCO Analyst Ratings Over Time

Type	Current Forecast 10/18/25 to 10/18/26	1 Month Ago 9/18/25 to 9/18/26	3 Months Ago 7/20/25 to 7/20/26	1 Year Ago 10/18/24 to 10/18/25
Strong Buy	3 Strong Buy rating(s)	2 Strong Buy rating(s)	3 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	16 Buy rating(s)	16 Buy rating(s)	15 Buy rating(s)	12 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	9 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$128.52	$129.68	$123.14	$74.72
Forecasted Upside	19.68% Upside	18.42% Upside	11.24% Upside	6.55% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

CSCO Analyst Recommendations 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	Technology Companies	Broader Market
Consensus Rating Score	2.85	2.23	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	19.68% Upside	731.83% Upside	18.02% Upside
News Sentiment Rating	Positive News See Recent CSCO News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

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Upside/Downside

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/30/2026	Zacks Research 4 of 5 stars		Upgrade	Hold ➝ Strong-Buy
9/30/2026	Sanford C. Bernstein 3 of 5 stars	Daniel Zhu Not Rated	Initiated Coverage	Market Perform	$110.00	+2.86%
9/22/2026	Piper Sandler 2 of 5 stars	James Fish 3 of 5 stars	Lower Target	Neutral	$132.00 ➝ $125.00	+18.81%
9/1/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access to unlock brokerage rankings	Gianmarco Conti Subscribe to MarketBeat All Access to unlock analyst rankings	Initiated Coverage	Hold ➝ Buy	$135.00	+22.18%
8/26/2026	Weiss Ratings Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Buy (B)
8/16/2026	Freedom Capital Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Hold ➝ Strong-Buy
8/14/2026	HSBC Subscribe to MarketBeat All Access to unlock brokerage rankings	Stephen Bersey Subscribe to MarketBeat All Access to unlock analyst rankings	Downgrade	Buy ➝ Hold	$137.00 ➝ $120.00	+5.75%
8/13/2026	UBS Group Subscribe to MarketBeat All Access to unlock brokerage rankings	David Vogt Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Buy	$132.00 ➝ $138.00	+21.62%
8/13/2026	Truist Financial Subscribe to MarketBeat All Access to unlock brokerage rankings	Matthew Niknam Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Buy	$125.00 ➝ $140.00	+23.93%
8/13/2026	Wells Fargo & Company Subscribe to MarketBeat All Access to unlock brokerage rankings	Aaron Rakers Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Overweight	$130.00 ➝ $150.00	+31.31%
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8/13/2026	Barclays Subscribe to MarketBeat All Access to unlock brokerage rankings	Tim Long Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Equal Weight	$121.00 ➝ $123.00	+7.67%
8/13/2026	KeyCorp Subscribe to MarketBeat All Access to unlock brokerage rankings	Brandon Nispel Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Overweight	$130.00 ➝ $135.00	+8.98%
8/13/2026	Rosenblatt Securities Subscribe to MarketBeat All Access to unlock brokerage rankings	Mike Genovese Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Buy	$150.00 ➝ $165.00	+33.19%
8/13/2026	Morgan Stanley Subscribe to MarketBeat All Access to unlock brokerage rankings	Meta Marshall Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Overweight	$130.00 ➝ $135.00	+8.98%
6/8/2026	Bank of America Subscribe to MarketBeat All Access to unlock brokerage rankings	Tal Liani Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Buy	$135.00 ➝ $150.00	+18.97%
6/3/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target	Neutral	$116.00 ➝ $125.00	-1.47%
5/19/2026	Argus Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target	Buy	$100.00 ➝ $150.00	+29.87%
5/18/2026	CICC Research Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target	Outperform	$96.00 ➝ $125.00	+7.62%
5/15/2026	Citic Securities Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target		$90.00 ➝ $130.00	+10.70%
5/14/2026	Evercore Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target	Outperform	$110.00 ➝ $150.00	+28.35%
5/14/2026	BNP Paribas Exane Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target	Outperform	$87.00 ➝ $132.00	+12.95%
5/14/2026	Citigroup Subscribe to MarketBeat All Access to unlock brokerage rankings	Atif Malik Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Buy	$90.00 ➝ $112.00	-4.27%
5/14/2026	New Street Research Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target	Neutral	$82.00 ➝ $122.00	+4.32%
5/11/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access to unlock brokerage rankings	Samik Chatterjee Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target		$95.00 ➝ $96.00	-0.58%
2/18/2026	Erste Group Bank Subscribe to MarketBeat All Access to unlock brokerage rankings		Downgrade	Buy ➝ Hold
2/13/2026	DZ Bank Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Strong-Buy
12/24/2025	President Capital Subscribe to MarketBeat All Access to unlock brokerage rankings		Lower Target		$90.00 ➝ $88.00	+12.79%
11/13/2025	Melius Research Subscribe to MarketBeat All Access to unlock brokerage rankings	Ben Reitzes Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Buy	$84.00 ➝ $100.00	+35.21%
8/14/2025	William Blair Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Hold
7/8/2025	Wolfe Research Subscribe to MarketBeat All Access to unlock brokerage rankings	George Notter Subscribe to MarketBeat All Access to unlock analyst rankings	Initiated Coverage	Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:10 AM ET.

Should I Buy Cisco Systems Stock? CSCO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, October 16, 2026. Please send any questions or comments about these Cisco Systems pros and cons to contact@marketbeat.com.

Cisco Systems
Bull Case

Here are some ways that investors could benefit from investing in Cisco:

Cisco reported 17.6% year-over-year revenue growth in its latest quarter, marking the company's fastest quarterly sales expansion in a decade, with earnings and revenue both exceeding analyst expectations.
The company is collaborating with NVIDIA on a new 400G optical standard for AI data centers, a technology designed to increase bandwidth density and support an open hardware ecosystem for large-scale AI workloads.
Cisco currently trades at $107.39, which is below the consensus analyst price target of $128.52, suggesting potential upside as the stock maintains a Moderate Buy consensus rating.
Management issued fiscal 2027 EPS guidance of $5.05 to $5.11, which significantly exceeds the consensus estimate of $4.64, indicating strong confidence in future profitability.
Cisco led Morgan Stanley's chief information officer survey, suggesting it remains a preferred networking supplier among technology customers even as broader spending moderates.

Cisco Systems
Bear Case

Investors should be bearish about investing in Cisco for these reasons:

Investors are questioning whether Cisco can sustain software renewals once the current equipment-upgrade cycle slows, creating concern about recurring-revenue growth after AI infrastructure spending normalizes.
At roughly 32 times earnings, Cisco is considered not inexpensive despite its mature profile, making the stock more sensitive to signs of slower customer spending or weaker forward growth.
Competitive pressure remains visible as Arista Networks has outperformed Cisco in AI networking, while Astera Labs has posted much stronger stock momentum, potentially encouraging investors to favor more concentrated AI beneficiaries.
Recent insider activity shows significant selling, with CEO Charles Robbins selling 21,628 shares and EVP Thimaya Subaiya selling 312 shares in recent transactions, which may signal reduced internal confidence.
The company's multimillion-dollar donation to the White House ballroom project has attracted attention and could create reputational or political discussion among investors, even if it is unlikely to affect near-term fundamentals.

CSCO Forecast - Frequently Asked Questions

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Cisco Systems is $128.52, with a high forecast of $165.00 and a low forecast of $88.00.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last twelve months. There are currently 7 hold ratings, 16 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CSCO shares.

According to analysts, Cisco Systems's stock has a predicted upside of 19.68% based on their 12-month stock forecasts.

Over the previous 90 days, Cisco Systems's stock had 2 upgrades and 2 downgrades by analysts.

Cisco Systems has been rated by research analysts at Barclays, Deutsche Bank Aktiengesellschaft, Freedom Capital, HSBC, KeyCorp, Morgan Stanley, Piper Sandler, Rosenblatt Securities, Sanford C. Bernstein, Truist Financial, UBS Group, Weiss Ratings, Wells Fargo & Company, and Zacks Research in the past 90 days.

Analysts like Cisco Systems more than other "technology" companies. The consensus rating for Cisco Systems is Moderate Buy while the average consensus rating for "technology" companies is Hold. Learn more on how CSCO compares to other companies.

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MarketBeat monitors more than a dozen sources for Cisco Systems analyst ratings, with the most recent rating issued on 9/30/2026.

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Cisco Systems (CSCO) Stock Forecast & Price Target