Truist Financial Initiates Coverage on Cisco Systems (NASDAQ:CSCO)

Stock analysts at Truist Financial initiated coverage on shares of Cisco Systems (NASDAQ:CSCO) in a report issued on Tuesday, Marketbeat.com reports. The brokerage set a “buy” rating and a $94.00 price target on the network equipment provider’s stock. Truist Financial’s price target would suggest a potential upside of 20.62% from the company’s current price.

CSCO has been the subject of several other research reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $100.00 target price on shares of Cisco Systems in a research note on Thursday, February 12th. UBS Group boosted their price target on Cisco Systems from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a report on Tuesday, January 27th. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, DZ Bank upgraded shares of Cisco Systems to a “strong-buy” rating in a research report on Friday, February 13th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and an average target price of $89.76.

Cisco Systems Price Performance

CSCO stock opened at $77.93 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45. The firm has a market cap of $307.81 billion, a price-to-earnings ratio of 27.34, a PEG ratio of 2.93 and a beta of 0.83. The company’s fifty day simple moving average is $79.18 and its 200 day simple moving average is $75.51. Cisco Systems has a 12-month low of $52.11 and a 12-month high of $88.18.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. The firm had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.11 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The business’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business posted $0.94 EPS. On average, analysts expect that Cisco Systems will post 3.04 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Deborah L. Stahlkopf sold 7,981 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total value of $634,489.50. Following the sale, the executive vice president owned 187,097 shares in the company, valued at $14,874,211.50. This represents a 4.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Oliver Tuszik sold 3,132 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total transaction of $249,745.68. Following the completion of the transaction, the executive vice president directly owned 188,613 shares in the company, valued at approximately $15,040,000.62. The trade was a 1.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 46,431 shares of company stock worth $3,574,820 over the last ninety days. Insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Intesa Sanpaolo Wealth Management bought a new position in Cisco Systems during the 4th quarter valued at $25,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Cisco Systems in the 4th quarter worth $25,000. Marquette Asset Management LLC bought a new stake in shares of Cisco Systems in the 3rd quarter worth $25,000. Jessup Wealth Management Inc purchased a new stake in shares of Cisco Systems in the fourth quarter valued at about $29,000. Finally, EQ Wealth Advisors LLC bought a new position in shares of Cisco Systems during the fourth quarter valued at about $31,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems News Roundup

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

• Positive Sentiment: Cisco reported stronger-than-expected Q2 results and said AI infrastructure orders have surged; management guided FY revenue to $61.2–$61.7B, reinforcing revenue momentum and the company’s AI networking story. CSCO Stock Slipped ~4% This Week Even as AI Infrastructure Orders Surged
• Positive Sentiment: Truist initiated coverage with a “buy/strong-buy” view and a $94 price target, signaling analyst confidence that Cisco can capture more AI‑driven networking spend. Truist Securities initiates coverage of Cisco Systems (CSCO) with buy recommendation
• Positive Sentiment: Cisco signed an MOU with Atom Computing to explore quantum networking links, extending its AI/infra narrative into emerging quantum/distributed compute networking — a longer‑term strategic positive. Is Cisco’s Quantum Networking Push With Atom Computing Reshaping Its AI Infrastructure Story (CSCO)?
• Neutral Sentiment: Coverage and ratings pages (e.g., Barron’s) are being updated as analysts reassess Cisco amid recent results and macro volatility — watch for changes in consensus estimates. Cisco Systems Inc. (Research Ratings)
• Neutral Sentiment: Investor pieces debating whether the recent pullback is a buying opportunity or a pause in the rally — useful for positioning but not news-driven catalysts. Is It Too Late To Consider Cisco Systems (CSCO)?
• Negative Sentiment: Reports of a cyberattack tied to a recent Trivy breach briefly rattled the stock — even contained incidents can raise short‑term risk perception for a network‑security vendor. Cisco Stock (CSCO) Wobbles after Reports of Cyberattack Linked to Recent Trivy Breach
• Negative Sentiment: Heightened Middle‑East geopolitical tensions and threats from Iran to Western tech firms have pressured indexes and risk appetite, contributing to Cisco’s recent weekly pullback. Iran’s Revolutionary Guard Threatens to Strike U.S. Companies in Mideast
• Negative Sentiment: Despite positive fundamental developments, shares slipped ~4–5% over the past week — likely profit‑taking and macro/sector rotation outweighing company‑specific tailwinds in the near term. CSCO Stock Slipped ~4% This Week Even as AI Infrastructure Orders Surged

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.