Cisco Systems (NASDAQ:CSCO) Price Target Cut to $125.00 by Analysts at Piper Sandler

Cisco Systems (NASDAQ:CSCO) had its price target dropped by Piper Sandler from $132.00 to $125.00 in a note issued to investors on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the network equipment provider’s stock. Piper Sandler’s price target points to a potential upside of 18.99% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the company. Bank of America upped their price target on Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. UBS Group lifted their price objective on Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. HSBC lowered Cisco Systems from a “buy” rating to a “hold” rating and decreased their price target for the company from $137.00 to $120.00 in a research note on Friday, August 14th. Wells Fargo & Company upped their target price on Cisco Systems from $130.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Finally, KeyCorp lifted their price target on Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $129.36.

Cisco Systems Price Performance

Shares of NASDAQ CSCO traded down $6.41 during trading hours on Tuesday, hitting $105.06. 10,848,432 shares of the stock were exchanged, compared to its average volume of 22,656,400. The company’s fifty day simple moving average is $112.87 and its two-hundred day simple moving average is $104.79. Cisco Systems has a 1-year low of $66.81 and a 1-year high of $130.37. The company has a market cap of $414.19 billion, a PE ratio of 31.50, a price-to-earnings-growth ratio of 2.28 and a beta of 1.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same period in the previous year, the business posted $0.99 EPS. The business’s quarterly revenue was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, sell-side analysts predict that Cisco Systems will post 4.43 EPS for the current year.

Insider Buying and Selling

In other Cisco Systems news, EVP Oliver Tuszik sold 2,760 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the completion of the sale, the executive vice president owned 165,276 shares of the company’s stock, valued at $18,586,938.96. The trade was a 1.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.54, for a total value of $2,412,387.12. Following the sale, the chief executive officer directly owned 602,710 shares of the company’s stock, valued at $67,226,273.40. This represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 44,869 shares of company stock valued at $5,005,620. Company insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Premier Financial Group bought a new position in Cisco Systems in the 2nd quarter worth approximately $71,000. Security National Bank of Sioux City Iowa IA acquired a new position in Cisco Systems during the second quarter worth $371,000. Anchor Investment Management LLC increased its position in Cisco Systems by 72.7% during the second quarter. Anchor Investment Management LLC now owns 90,052 shares of the network equipment provider’s stock worth $10,578,000 after purchasing an additional 37,896 shares during the last quarter. Bullseye Investment Management LLC purchased a new position in shares of Cisco Systems in the second quarter valued at approximately $159,000. Finally, Rench Wealth Management Inc. raised its holdings in Cisco Systems by 36.9% during the second quarter. Rench Wealth Management Inc. now owns 98,412 shares of the network equipment provider’s stock worth $11,559,000 after purchasing an additional 26,505 shares in the last quarter. 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’s AI and cybersecurity positioning remains a supportive long-term theme. Its Splunk integration is expanding capabilities in network visibility, security, and enterprise AI governance, including self-managed AI agents operating behind corporate firewalls. Cisco Moves Higher as Splunk Takes Agents Behind the Firewall
• Positive Sentiment: Recent fundamentals remain strong: Cisco’s latest quarterly release showed revenue of approximately $17.3 billion, up about 18% year over year, and non-GAAP EPS of $1.22, exceeding consensus. Fiscal 2027 guidance also indicated continued growth.
• Positive Sentiment: Analyst price targets remain generally above recent trading levels, with a six-month median target of $130 and some targets as high as $150. Cisco’s dividend and announced share-repurchase program may also provide shareholder support.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.