President Capital Lowers Cisco Systems (NASDAQ:CSCO) Price Target to $88.00

Cisco Systems (NASDAQ:CSCO) had its price objective dropped by research analysts at President Capital from $90.00 to $88.00 in a research report issued on Wednesday,MarketScreener reports. President Capital’s target price would indicate a potential upside of 12.43% from the stock’s current price.

CSCO has been the topic of a number of other research reports. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. Rosenblatt Securities raised their target price on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Bank of America upped their target price on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Wells Fargo & Company boosted their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, JPMorgan Chase & Co. raised their target price on shares of Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average price target of $84.70.

Cisco Systems Trading Up 0.3%

Shares of NASDAQ CSCO opened at $78.27 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. Cisco Systems has a one year low of $52.11 and a one year high of $80.82. The business has a 50-day moving average price of $75.35 and a two-hundred day moving average price of $70.54. The firm has a market capitalization of $309.27 billion, a PE ratio of 29.43, a PEG ratio of 2.95 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The company had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. 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. As a group, analysts predict that Cisco Systems will post 3.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Charles Robbins sold 116,734 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total value of $9,023,538.20. Following the completion of the transaction, the chief executive officer owned 704,153 shares of the company’s stock, valued at $54,431,026.90. This represents a 14.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the sale, the senior vice president directly owned 32,176 shares in the company, valued at approximately $2,584,698.08. This represents a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last 90 days. Company insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Norges Bank bought a new stake in shares of Cisco Systems during the 2nd quarter valued at $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of Cisco Systems by 413.3% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock valued at $1,553,645,000 after acquiring an additional 18,030,441 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in Cisco Systems during the 2nd quarter worth approximately $904,542,000. Franklin Resources Inc. grew its holdings in Cisco Systems by 46.2% during the second quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock valued at $2,833,261,000 after purchasing an additional 12,904,969 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in 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 valued at $1,259,369,000 after purchasing an additional 9,648,265 shares during the period. Institutional investors 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.