Cisco Systems (NASDAQ:CSCO) Given New $127.00 Price Target at Truist Financial

Cisco Systems (NASDAQ:CSCO) had its price objective trimmed by Truist Financial from $140.00 to $127.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a buy rating on the network equipment provider’s stock.

A number of other equities analysts also recently weighed in on CSCO. Morgan Stanley downgraded shares of Cisco Systems from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $135.00 to $120.00 in a research note on Thursday, November 5th. Deutsche Bank started coverage on shares of Cisco Systems in a research report on Tuesday, September 1st. They set a “buy” rating and a $135.00 price target on the stock. UBS Group increased their price target on Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Zacks Research raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 30th. Finally, Wall Street Zen downgraded Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and an average price target of $125.64.

Cisco Systems Trading Down 6.2%

NASDAQ:CSCO traded down $6.37 on Friday, reaching $95.64. 28,551,419 shares of the stock traded hands, compared to its average volume of 19,473,690. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. Cisco Systems has a 1-year low of $72.80 and a 1-year high of $130.37. The company’s 50 day moving average is $107.76 and its 200-day moving average is $102.21. The firm has a market capitalization of $377.07 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 2.09 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. Cisco Systems had a net margin of 22.34% and a return on equity of 33.06%. The firm had revenue of $18.52 billion for the quarter, compared to the consensus estimate of $18.12 billion. During the same quarter in the previous year, the company earned $1.00 EPS. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. Equities research analysts anticipate that Cisco Systems will post 4.48 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 20th. Shareholders of record on Monday, January 4th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, January 4th. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 680 shares of Cisco Systems stock in a transaction on Monday, September 14th. The shares were sold at an average price of $110.18, for a total value of $74,922.40. Following the completion of the sale, the executive vice president directly owned 163,337 shares of the company’s stock, valued at approximately $17,996,470.66. The trade was a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya Subaiya sold 312 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $34,376.16. Following the transaction, the executive vice president owned 127,661 shares in the company, valued at $14,065,688.98. This represents a 0.24% decrease in their position. 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 ninety days, insiders sold 6,824 shares of company stock valued at $759,392. Insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC raised its position in shares of Cisco Systems by 142.5% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 151 shares during the period. Kings Path Partners LLC bought a new position in shares of Cisco Systems in the 3rd quarter worth $31,000. Blueline Advisors LLC acquired a new stake in Cisco Systems in the 3rd quarter valued at $32,000. GK Wealth Management LLC acquired a new stake in Cisco Systems in the 3rd quarter valued at $37,000. Finally, Principia Wealth Advisory LLC grew its position in Cisco Systems by 43.7% in the 2nd quarter. Principia Wealth Advisory LLC now owns 398 shares of the network equipment provider’s stock valued at $47,000 after purchasing an additional 121 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

More Cisco Systems News

These are some of the CSCO news items that stood out recently:

• Positive Sentiment: Cisco reported revenue of $18.5 billion and adjusted EPS of $1.40, beating estimates. It raised fiscal 2027 revenue guidance to $74.8–$75.8 billion and EPS guidance to $5.47–$5.53, and lifted its AI revenue target to $9 billion. Strong AI-infrastructure and networking demand underpin the outlook. Reuters: Cisco raises annual revenue forecast
• Negative Sentiment: Fiscal Q1 product orders rose 21%, but missed expectations and slowed from the prior period, raising questions about the pace of demand growth. Yahoo Finance: Cisco down on expectations miss
• Negative Sentiment: Investors also focused on a 2.5-percentage-point decline in non-GAAP gross margin. A richer mix of AI networking hardware and higher memory costs are weighing on margins, tempering the earnings and guidance beats. Cisco shares and AI networking margin pressure

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.